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officer_cia: Code4rena account stolen

According to @officer_cia monitoring, Code4rena account has been hacked. Users should pay attention to security. Code4rena is a DAO that ensures Web3 security through blockchain auditing.

Web3 gaming community platform Earn Alliance is about to launch on Base

Web3 gaming community platform Earn Alliance is about to launch Base. The platform completed a $4.75 million seed round of financing last year, led by CoinFund and FabricVentures, with participation from BlockchainCoinvestors, MADWorldVentures, and angel investors.

Gold Fever partners with Aethir to expand reach with decentralized cloud gaming infrastructure

Gold Fever, a decentralized game with an innovative economic infrastructure, has partnered with Aethir, a pioneer in Decentralized Cloud Infrastructure (DCI) for gaming and AI. This collaboration will enable Gold Fever to be accessible on any device, anywhere, at any time, thanks to Aethir's advanced decentralized cloud gaming infrastructure. The integration aims to expand Gold Fever's potential market to 2.8 billion players worldwide, and onboarding these players will involve burning NGL tokens as an in-game right. The partnership between Gold Fever and Aethir is expected to bring groundbreaking innovations to the Web3 gaming sector, enhancing the gaming experience for both players and developers. Aethir provides cloud-based GPU resources with low latency, making it an essential infrastructure solution for the AI and gaming industries.

Slow Mist: Total losses from Web3 vulnerabilities and Rug Pull incidents last week exceeded $168 million

Slow Fog on X platform stated that the losses caused by security issues in the Web3 field from November 19th to November 25th are expected to exceed $168 million. This mainly includes Kyber Network liquidity vulnerabilities (loss of $54.7 million), HTX protocol vulnerabilities (loss of $113.3 million), Kronos Research API key leakage (loss of $26 million), and multiple Rug Pull incidents on BNB Chain and Ethereum Chain, leading to a sharp drop in the prices of various tokens.
Slow Mist: Total losses from Web3 vulnerabilities and Rug Pull incidents last week exceeded $168 million

Socrates Launches Web3 Social Media Platform with Incentivized Q&As on Multiple Blockchains

Socrates, a web3 social media and entertainment platform, has launched on multiple blockchains after a successful testing phase. The platform allows users to participate in multiple-choice question and answers, empowering them to voice honest opinions and unique perspectives. Socrates combines the best of Social-Fi and Game-Fi, built on the principle of rewarding knowledge-sharing and promoting dialogue.

Matr1x Secures $10M Funding Boost for Mobile Gaming and NFTs

Matr1x, a Singaporean NFT gaming company, has secured an additional $10 million in funding, bringing its total capital value to $20 million. The funding round was led by Folius Ventures and SevenX, with participation from ABCDE Capital, Jambo, Initiate Capital, and the creators of the move-to-earn NFT game Stepn. Matr1x's flagship product is a first-person shooter mobile game called Matr1x Fire, which is still in development, and the company has also released two NFT projects with plans for a third collection. With this new funding, Matr1x is poised for a breakthrough in the gaming and NFT industries.

ABCDE : Why We Invest in Matr1x?

It’s not difficult to see, from the recent blockchain conferences like ETHCC, that the blockchain industry is once again entering a “cold winter” in terms of narrative (except for the flourishing Bitcoin ecosystem). Currently, funds and projects are mainly focused on infrastructure, including modular public chains, MEV, AA wallets, ZK, etc. However, there is a lack of new growth narratives, especially in the narrative of large-scale user adoption and conversion.
ABCDE : Why We Invest in Matr1x?

Report: Only 223 Web3 games have been launched so far in 2023, a 65% decrease from last year

According to a recent report by Game7, a blockchain game accelerator, only 223 Web3 games have been released as of 2023, a 65% decrease from 640 in 2022 and a 73% decrease from 811 in 2021. In response, Immutable co-founder and president Robbie Ferguson believes that many excellent Web3 games are about to emerge, but this requires patience. Recently, investment in Web3 games has increased significantly, and developers are focusing on creating excellent popular games. He also revealed that the Web3 game industry has raised about $15 billion in funding in the past three years, with most of the funding transactions occurring in 2022. In addition, Gabby Dizon, co-founder of Yield Guild Games, analyzed that most Web3 games may transition from a play-to-earn model to a completely free model by 2024 to attract more players. (Cointelegraph)

Venture capital firm Leo Ventures has exited a new fund worth US$10 million and plans to invest in Web2 and Web3 technology startups

Singaporean venture capital firm Leo Ventures announced the launch of a $10 million fund, which will focus on investing in Web2 and Web3 technology startups in the APAC, India, and Middle East regions. In terms of Web2, it plans to support projects related to financial technology, deep technology, ESG technology, as well as vertical areas such as artificial intelligence and machine learning. For Web3, it will support projects related to DeFi, L0, L1, infrastructure, Web3 payment solutions, and Web3 consumer technology. (GlobeNewswire)

Coin98 integrates Humanode to enhance Web3 security and trust

Coin98 announced integration with decentralized identity verification protocol Humanode. Through this integration, Coin98 users can easily store, send, and receive eHMND tokens on Super Wallet and Coin98 Extension.In addition, users can connect to Humanode's pilot DEX Impossible Finance through the dApp browser, exchange tokens with just a few clicks, and explore further potential of this blockchain technology.