Tags: Sony

Insomniac Games Held for Ransom: Hackers Demand Over $2M in Bitcoin

Sony and Microsoft are angling to get into crypto gaming. Will they be able to succeed where others in the industry have failed?

Sony Makes Blockchain Move as Japanese Firms Flood to Web3 Space

The deal includes an investment of $3.5 million, a Sony executive moving to Startale Labs and collaboration on new Web3 tools for mass adoption.

Asia is home to 1.7 billion gamers and contributes over $72 billion in annual gaming revenue making it a critical market according to DappRadar.

The Avalanche Foundation has launched a new mentoring initiative for digital artists, and Ticketmaster has introduced a new feature allowing artists to reward NFT holders.

While trying to wrap his CryptoPunk to borrow money, an NFT investor accidentally sent the asset to a burning address, permanently removing it from circulation.

Sony’s NFT framework aims to integrate NFTs into gameplay, with the technology representing skins and other popular in-game functionalities.

This week Magic Eden embraced Bitcoin NFTs, plus Sony signaled big Web3 plans with a patent.

The move by the gaming giant aims to make assets more interoperable, not only between different games but also hardware like VR headsets, computers and different consoles.

Sony Network Communications hopes the program will explore "how blockchain technology can solve various problems in their industry."