Solana and Google Cloud Partner, Binance Founder Sentenced to Prison, Edward Snowden Issues ‘Final Warning’

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 trying to get 100% completion in Crash Bandicoot.

Never financial advice.

MARKET REVIEW

_{* Cryptocurrency data as of 9:00 PM ET 8th May}

CRYPTO GAMING HEADLINES

($SOL) Solana Labs has collaborated with Google Cloud to introduce its blockchain game development platform, GameShift. They aim to accelerate the integration of digital game assets and user-generated content into Web2 games.

($GFAL) Web3 game startup GFAL has raised $3.2 million in a seed funding round. Investors that participated in this round include Clash of Clan makers, Supercell, as well as  Mitch Lasky among others.

Holograph aims to expand its 'Omnichain' Gaming NFT push with new funding. The latest round, led by Mechanism Capital and Selini Capital, brings their total funding to over $11 million.

Avalanche Hoops game "Rumble Kong League" has partnered with sports drink giant Gatorade. Players will now have the opportunity to unlock Gatorade-branded rare skins and other items.

Yuga Labs and Improbable have announced a closer collaboration for the development of the Otherside metaverse. The announcement was made during a live town hall held on X.

OTHER CRYPTO HEADLINES

Edward Snowden has issued a final warning to Bitcoin developers, emphasizing the critical need for privacy to be embedded at the protocol level. This follows zkSNACKs, the developers behind Wasabi Wallet, announcing the shutdown of its coinjoin coordination service.

Changpeng Zhao, the founder of Binance, has been sentenced to four months in prison. The decision, made on Tuesday, follows his guilty plea last year to money laundering violations.

A16z has acquired Optimism's OP token for $90 million in a private sale. This latest sale reflects the increasing interest in layer 2 blockchain solutions.

Astar zkEVM has partnered with watchmaker Casio for an NFT launch. some of their timepieces. The launch took place on May 1st, celebrating the 50th Casio Watch anniversary. 

BlackRock led Securitize’s latest funding round, which raised $47 million. This investment coincides with BlackRock’s selection of Securitize as the transfer agent for its first tokenized fund on a public blockchain.

PROJECT SPOTLIGHT

GMT $GMT

BEFORE YOU GO

Join the Convo: 

What project has you feeling hyped this week? Any hidden gems on your radar, or things I’ve missed? Hit reply and share your thoughts!

_{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.}