Blockchain Gaming

Sony Launches Soneium: A Next-Gen Ethereum Layer-2 Blockchain

Saturday. August 24 at 4:00 AM

1 min. read

Sony Group, in collaboration with Startale, has introduced Soneium, a public Ethereum layer-2 blockchain. This move marks Sony's strategic expansion into the blockchain sector, utilizing its vast distribution networks in entertainment, gaming, finance, and electronics. Soneium's goal is to integrate Web3 technologies into everyday consumer applications, enhancing user experiences with blockchain benefits. Developed by Sony Block Solutions Labs, Soneium connects blockchain technology (Web3) with internet services (Web2), simplifying user interactions with blockchain. Leveraging the Op Stack from the Optimism Foundation, Soneium enhances scalability and efficiency while maintaining Ethereum's security features. Sony aims to create a versatile blockchain supporting various industries globally, empowering developers and communities. The platform will offer a testnet environment for developers, with partnerships established with key blockchain entities. Sony's entry into the blockchain space is seen as a significant move, with the imminent launch of Soneium's testnet to engage developers and creators.

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Polygon Successfully Migrates 6.50 Billion MATIC Tokens to POL

Wednesday. September 11 at 2:00 AM

Polygon has completed the migration of 6.50 billion MATIC tokens to POL, a significant milestone in the network's transition plan. This represents a 64.8% conversion rate, indicating progress in the shift to POL as the native token. The migration process began on September 4, 2024, as part of the Polygon 2.0 roadmap to enhance scalability and security. POL now serves as the token for gas fees and staking, offering features like multi-chain staking for improved network security. Traders have shown interest in swapping MATIC for POL due to the 1:1 conversion rate. The broader utility of POL, including enhanced governance controls and fee generation, makes it attractive to long-term investors. Despite some confusion among retail traders, the transition is being guided by detailed steps from the Polygon team and clarification from social media influencers. MATIC will gradually be phased out as users adjust to POL.

Blockchain Gaming

Allegations of Deception in Montenegro's Crypto Sector

Tuesday. September 10 at 2:00 PM

President Jakov Milatović of Montenegro has accused Prime Minister Milojko Spajić of dishonesty regarding his association with Do Kwon, the controversial co-founder of Terraform Labs. Milatović claimed that Spajić denied knowing Kwon during a crucial moment, despite previous interactions and deals involving Terra Luna tokens. The President highlighted Spajić's introduction of George Cottrell, a British national facing serious charges in the US, as an advisor, leading to concerns about transparency. Milatović emphasized the need for Montenegro to combat criminal activities and uphold a positive international image. The extradition decision to send Kwon to South Korea over the US, due to a prior extradition treaty, marks a significant development in the ongoing legal battle. Meanwhile, Terraform Labs' token, Luna Classic, has shown price fluctuations in the crypto market. Overall, the situation underscores the challenges and controversies in Montenegro's crypto landscape.

Blockchain Gaming

The Rise of Shiba Inu and Mpeppe: A Blend of Meme Coins and De-Fi

Tuesday. September 10 at 1:30 PM

Shiba Inu (SHIB), a popular meme coin, is experiencing a resurgence in bullish sentiment, impacting new projects like Mpeppe (MPEPE), an ICO merging casino gaming with blockchain tech. SHIB's resilience and developments like ShibaSwap and Shibarium contribute to its bullish trend. This positivity extends to Mpeppe (MPEPE), a meme-based crypto blending meme culture, De-Fi, and online gaming. MPEPE offers De-Fi features like yield farming and NFT-based gaming assets, attracting both gamers and investors. The integration of De-Fi protocols in MPEPE's gaming platform allows players to earn rewards while playing. Shiba Inu's expansion into De-Fi and NFTs has sparked investor interest, benefiting the broader meme coin market. Both SHIB and MPEPE are establishing themselves as leaders in the crypto and gaming sectors, offering a mix of excitement and growth potential.

Blockchain Gaming

Exploring Lucrative Airdrop Opportunities in the Crypto Sector

Tuesday. September 10 at 9:00 AM

Airdrops play a vital role in crypto marketing, offering community members a chance to earn rewards with minimal costs. Mythical Games, backed by $297 million from top investors, is currently running the Mythical Forest campaign, rewarding participants with crystals for completing tasks. Sonic Labs, supported by $10 million in funding, is gearing up for a future airdrop of 190.5 million S tokens. Lastly, Arcium, with $9 million in funding, is focusing on educational initiatives through the Arcium Citadel campaign, offering participants an Apprentice NFT for completing tasks. These airdrop opportunities provide a chance for users to engage with the platforms and earn rewards, showcasing the potential for growth in the crypto sector.

Blockchain Gaming