Sony Trial Stablecoin, Eigen Layer launches, Adidas Team Up With STEPN

GM. This is the Wise Dog, the best source for web3 gaming news. We curate all the latest Crypto gaming news, so you can stay up to date while afk-ing.

Never financial advice.

MARKET REVIEW

_{* Cryptocurrency data as of 11:00 PM ET 17th April}

CRYPTO GAMING HEADLINES

($MATIC) Sony Bank, the financial arm of Sony Group, has initiated its stablecoin trial on Polygon. This move comes as the gaming giants aim to revolutionize payment systems within the gaming and sports sectors.

Elixir Games has announced a partnership with XBorg. The game launcher will be available on XBorg’s launchpad starting Wednesday.

($ILV) Illuvium has partnered with tech giant Samsung. They will reveal more details regarding their partnership in the coming days.

STEPN is teaming up with Adidas. This long-term collaboration will see the release of 1000 co-branded Genesis Sneaker NFTs on Solana, along with exclusive perks for holders.

Hero shooter game Nyan Heroes has attracted over 100k players who downloaded and played the game within 10 days of its release. They've unveiled leaderboard rewards featuring prizes for the top players.

Web 3 AI firm Raiinmaker has successfully secured $7.5 million in funding. This latest round of funding aims to enable Raiinmaker to develop building decentralized AI tools and web3 infrastructure to undergird sports, gaming and entertainment projects

ArenaX Labs has introduced two AI platforms: ARC and SAI. These platforms aim to leverage proprietary AI technology to reshape the future of gaming.

OTHER CRYPTO HEADLINES

EigenLayer and EigenDA have launched on Etheruem’s mainnet. Restakers will be able to delegate their entire stake to an Operator of their choice, while operators can register with EigenLayer and opt-in to running AVSs.

Crypto lending firm Genesis has acquired over 32,000 bitcoins to settle debts with creditors. They financed the purchase by selling 36 million shares of Grayscale Bitcoin Trust.

The 1inch Foundation has partnered with MasterCard and Crypto Life to introduce the 1inch Card. This card enables users to utilize their crypto for online and in-person transactions and withdraw cash at supported ATMs through seamless crypto-to-fiat conversion.

($TNSR) Tensor Foundation's governance token, TNSR, has been launched. Holders will have control over the protocols' key parameters and will also enjoy fee discounts when transacting on Tensor using the new token.

($BNB) Binance Labs have invested in BounceBit, a Bitcoin staking and CeDiFi protocol. Their mission is to build restaking infrastructure to drive the utilization of Bitcoin in a secure and transparent manner.

($SOL) Solana's latest update resulted in a price surge of over 9%. This update included a significant congestion fix aimed at alleviating ongoing network congestion on Solana.

PROJECT SPOTLIGHT

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_{Important Disclaimer: This content is for informational purposes only and should not be considered financial advice. Accuracy not guaranteed. Always do your own research before making any trades.}