GameSwift CEO Wojciech Gruszka Explains Why Developing a Steam-Like Web3 Platform Is a Gamechanger – Interview Bitcoin News

GameSwift is a one-stop gaming ecosystem that aims to introduce cross-chain interoperability to web3 gaming. Chain, Web3 Infrastructure, Platform, and Gaming Studio are the four well-designed and integrated pillars of the ecosystem. Its original infrastructure facilitates implementing blockchain technology and sharing in-game resources for game developers and lets the players enjoy their gaming experience to the fullest. Wojciech Gruszka, the Founder and CEO of GameSwift, is commonly known on Twitter as PanParagraf. He recently joined the Bitcoin.com News Podcast to talk about the market: Wojciech is a lawyer and blockchain…

Blockchain Gaming Platform Xterio Raises $40M Led by Partner FunPlus

“Today, there’s no mass-market, fun, high-quality, high-fidelity game that incorporates Web3 and digital ownership in a meaningful way,” Xterio co-founder and COO Jeremy Horn told CoinDesk in an interview. “When you look at our executive team, we’re very proven hitmakers … who have worked on games that have generated billions of dollars in revenue. We know how to make games and we’re going to put fun at the center of our releases.” Source link

DeFi Platform RedStone Raises Nearly $7M to Improve Connectivity Between Blockchains, Real-World Data

According to a Monday press release, Lemniscap led the seed funding round with support from Coinbase Ventures, Blockchain Capital, Distributed Global, Lattice, Arweave, Bering Waters, Maven11 and SevenX Ventures. RedStone, which currently delivers data feeds to more than 30 blockchains, including Ethereum, Avalanche and Polygon, will use the funds to expedite the rollout of its latest product suite with the aim of improving connectivity between blockchains and real-world data. Source

Brazilian Brokerage Platform Rico to Offer Cryptocurrency Services Next Year – Exchanges Bitcoin News

Rico, a Brazilian brokerage platform part of XP Inc., has announced it plans to enter the cryptocurrency market next year. The division is expanding its operations and will also enter the banking sector, launching digital account services and a credit card. The platform follows in the steps of companies like Nubank and others that have already included crypto in their service portfolio. Rico to Expand Operations to Crypto and Banking Brazilian companies and banks are entering the cryptocurrency business as a way of offering a complete package of…

Compound’s Upgraded DeFi Lending Platform Targets Security, Scalability

Compound’s previous iterations employed a pooled-risk model, which supported nine cryptocurrencies, including ether (ETH), dai (DAI) and tether (USDT). Under the old model, users would deposit assets into lending pools, where their assets would earn interest. In exchange for their deposits, lenders received cTokens, which represented the value of their deposits. Using those cTokens, the lender could then borrow up to a certain percentage of the value of their collateralized assets in a different cryptocurrency. Source