The 17-year-old suspect in the recent Grand Theft Auto VI leak has pleaded “not guilty.” According to a statement made to Eurogamer by the City of London Police’s Cyber Crime Unit, the Oxfordshire boy appeared in a specialist youth court in London on September 24, pleading guilty to two counts of breaching his bail conditions and not guilty to two counts of misuse of a computer. “The teenager has been remanded to a youth detention centre,” added City of London detective inspector Michael O’Sullivan. The unnamed teenager is supposedly a member of the hacking group Lapsus$ and was reportedly one of seven arrested as they were accused of hacking companies like Microsoft and Uber. In March, BBC News also reported on the teenager — who was 16 years old at the time — as someone “accused of being...
Kevin Shao, Executive President of the Asia Blockchain Gaming Alliance (ABGA) says he’s holding out hope for three “triple-A” blockchain gaming titles that could help propel GameFi into the mainstream and rescue it from the bear market. Speaking to Cointelegraph during Asia Crypto Week, the Executive President said one obstacle preventing mainstream adoption is current GameFi titles often have a focus on non-fungible tokens (NFTs) and play-to-earn (P2E) features without caring about “game performance,” and users’ enjoyment. In a P2E model, gamers typically buy an NFT in order to play the game and can win gaming tokens which can then beconverted into Bitcoin (BTC), Ethereum (ETH), fiat currency, or stablecoins. While he acknowledges these current GameFi titles are enjoyable for a...
Following news of its acquisition of Sydney-based animation studio Animal Logic, which has produced blockbuster films such as Happy Feet, The Lego Movie, and Peter Rabbit, Netflix has now announced that it will be developing its very own games studio in Helsinki, Finland. The plan is to create original games for subscribers without any in-app microtransactions, with Marko Lastikka from Zynga serving as the new studio director. “This is another step in our vision to build a world-class games studio that will bring a variety of delightful and deeply engaging original games — with no ads and no in-app purchases — to our hundreds of millions of members around the world,” writes Amir Rahimi, VP of Netflix Game Studios. Finland was reportedly the location of choice due to the nation’s large pool...
Tia Chinai and Stefan Cohen’s dream job became realized almost three years ago when they banded together and created the Krool Toys platform to further achieve their creative goals. As they design and program customized games for Gameboy, they also make handmade art and toys and have just dropped their first line of wearable merchandise for Fall/Winter 2022. Composed of bubble font graphics and animated characters, the new merch consists of a range of “Doraemon,” “Taj,” “Dream” and “Logo” T-shirts in a variety of colorways, including black, purple, red, navy, gold, white and green. As part of the brand’s ethos and approach to life, a signature tee contains the motivational phrase, “Dream to Stay Alive.” In addition to the fun line of shirts – that retail for $38 USD. each – the rising gami...
Nonfungible tokens (NFTs) have taken the gaming world by storm. Whether it’s through limited edition collectibles, avatar enhancement or play-to-earn incentivization, digital assets have given in-game ownership a new meaning. The ways in which NFTs are available to players are becoming increasingly tangible. In the case of Blockxer, the latest blockchain game from Blokhaus Inc., every component of the game has been NFT-ized and available for modification by users. Mark Soares, the founder of Blokhaus Inc., told Cointelegraph that when every aspect of the game is an NFT, users can create completely “bespoke” game experiences. Everywhere a user turns in this 8-bit, arcade-inspired game, there is an NFT — from the background and the characters to the weapons and more: “Imagine the ...
Spotify announces its latest music-themed portal on Spotify Island, Planet Hip-Hop, following the success of K-Park — a whimsical experience dedicated to the vibrant world of K-Pop — that launched earlier in the year. Planet Hip-Hop is a digital destination that will connect fans of the genre to futuristic landscapes inspired by today’s contemporary hip-hop artists. Planet Hip-Hop inspires creative artist and fan interactions within the Roblox metaverse through music-inspired quests and unlockable content. Planet Hip-Hop is now in orbit ? Take a trip to our new futuristic #SpotifyIsland portal on @Roblox now ? https://t.co/jrp6JaNYKs pic.twitter.com/tTGhft4gp9 — Spotify (@Spotify) September 21, 2022 Planet Hip-Hop embodies elements of the genre expressed through immersive cityscapes render...
What we have today in terms of Web3 gaming is not working. Play-to-earn has not worked and neither will play-to-earn or any X-to/and-earn. On top of that, traditional gamers view nonfungible tokens (NFTs) with suspicion. They dunk on expensive apes and are skeptical of large game publishers applying the lipstick of NFTs for further monetization. Nobody knows what a successful Web3 game will look like yet. To get there, we need more developers to experiment with more models. We need infrastructure that will lower the barriers to Web3 game development and make it easy for developers to experiment. That’s why it’s imperative to invest in developing the underlying infrastructure rather than getting carried away by the speculative hype. The Web3 gaming infrastructure can be broken into two phas...