Gaimin Aiming to Become “Amazon of Web3 Gaming”, Pudgy Penguins Building Mobile Game, FTX Has Settled With The IRS

GM. This is the Wise Dog, the best source for web3 gaming news. We curate all the latest Crypto gaming news, so you can spend more time farming for more upgrades.

Never financial advice.

MARKET REVIEW

_{* Cryptocurrency data as of 5:00 AM ET 5th June}

CRYPTO GAMING HEADLINES

($GMRX) GAIMIN announced strategic plans to add a range of interoperable services to mitigate and eliminate barriers to entry for Web3 developers. Their goal is to dominate the Web3 gaming space and become the "Amazon of Web3 gaming.”

Animoca Brands has announced a strategic partnership with Anime Foundation. This includes a strategic alliance with Mocaverse, which will leverage their recently announced Realm Network interoperable SDK to launch Anime ID.

($PIXEL) Pixelverse has partnered with Param Labs to integrate their IP into Param Lab’s upcoming game, Kiraverse. This collaboration aims to enhance the game’s narrative and expand their universe.

($DOT) Pudgy Penguins has teamed up with Mythical Games to launch a Web3 mobile game, aiming for a 2025 release on Polkadot. This comes after a year worth of discussions between the two companies. 

Creature collecting gaming ecosystem, Kuroro Beasts, has raised $2.5 million in its latest strategic round. The round was led by Sanctor Capital and Animoca Brands.

OTHER CRYPTO HEADLINES

$TRUMP coin has reached an all-time high with a 20% increase. The market cap has hit $680 million amid a boom in political meme coins.

($PYUSD) PayPal has introduced its PYUSD stablecoin on Solana. Issued by Paxos, the stablecoin will cater to over 30 million merchants, facilitating fast and secure transactions.

Caitlyn Jenner has launched $JENNER on the Ethereum blockchain. The new token saw a 49,452% increase in value within 30 minutes of its launch.

Mastercard launched its debut P2P pilot using the Mastercard Crypto Credential on May 29. This new service enables users to send and receive crypto using a simple username rather than a wallet address.

A Bored Ape trader who acquired 1% of the supply in January is now down over  $2 million. The apes were purchased at prices between 22-25 ETH, with their value now sitting at 13 ETH at the time of writing.

PROJECT SPOTLIGHT

CHROMIA $CHR

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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.}