Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

SinVerse Secures Strategic Partnership and Investment from DWF Labs to Drive Web-3 Gaming Industry

Published

on

Zurich, Switzerland–(Newsfile Corp. – April 10, 2023) – SinVerse Studios, a trailblazing web-3 game studio, has secured a substantial seven digit investment deal led by DWF Labs with the aim of helping its platform’s growth and solidifying its position as an industry leader. The partnership marks a significant milestone for SinVerse Studios, with DWF Labs providing strategic backing and support to accelerate the company’s ambitious plans for the future.

SinVerse – DWF Labs

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8511/161856_4f283b63b4b078cd_001full.jpg.

SinVerse Studios is changing the gaming industry with the creation of the first-ever Mafia Metaverse on the Blockchain. Since its launch in October 2021, SinVerse Studios has rapidly gained a massive community following and achieved a remarkable milestone with a highly successful land sale, generating $3.5 million in revenue.

Advertisement

With the strategic partnership and investment from DWF Labs, SinVerse Studios is poised to elevate its game to the next level with the pioneering development of the first-ever Web-3 Gaming console, The NFT Cube.

“We are thrilled to become lead investors and strategic partners for SinVerse Studios, supporting their vision of building one of the highest quality and most engaging metaverse projects with an impressive 18 months of development behind them,” – said Andrei Grachev, Managing Partner of DWF Labs. “We are excited to bring our expertise, capital, and strategic guidance to accelerate their growth and drive the future of the gaming industry.”

Rutherford Atayobo, Chief Operating Officer of SinVerse Studios, expressed enthusiasm for the partnership, stating: “We are thrilled to have partnered with one of the leading players in the Web-3 ecosystem. With their extensive connections and strategic backing, we believe we are well-positioned to become one of the biggest Web-3 projects in the space.”

This strategic partnership between SinVerse Studios and DWF Labs marks a significant milestone in the evolution of the Blockchain gaming industry. With DWF Labs’ unparalleled expertise and strategic support, SinVerse Studios is potentially poised for growth, further solidifying the potential of Blockchain gaming as a mainstream category.

About SinVerse

Advertisement

SinVerse is the pioneering Mafia Metaverse on the Blockchain, disrupting the gaming industry with innovative gameplay. With a rapidly growing community and successful land sales, SinVerse Studios is potentially poised for growth with the support of DWF Labs, as both companies work towards the groundbreaking development of the first-ever Web-3 Gaming console, The NFT Cube. The native token of SinVerse ‘SIN’ currently operates on the Binance Smart Chain Blockchain, and is currently available to trade on Kucoin, Gate io, BitGet and MEXC Exchange.

About DWF Labs

DWF Labs is a global leading digital asset market maker and multi-stage web3 investment firm, providing support from token listing to market making to OTC trading solutions. DWF Labs seeks to invest and support bold founders who want to build the future of Web3.

DWF Labs is present in Singapore, Switzerland, South Korea, the BVI, and the UAE and trades almost 2,000 pairs with a daily volume that places DWF Labs among the top 5 ranking entities trading on the world’s top 40 exchanges.

Website | Twitter | Portfolio | Telegram | Medium | Podcast | Linkedin

Advertisement

Contact Information:

Rutherford Atayobo
[email protected]
032 319 97 28

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/161856

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Blocks & Headlines: Today in Blockchain – January 24, 2025 (IBM, SAP, Oracle, Bitfury Group, Auxesis Services Technologies, Binance, European Central Bank)

Published

on

blocks-&-headlines:-today-in-blockchain-–-january-24,-2025-(ibm,-sap,-oracle,-bitfury-group,-auxesis-services-technologies,-binance,-european-central-bank)

The blockchain and cryptocurrency industry continues to evolve at breakneck speed, reshaping global finance, technology, and governance. From central bank digital currencies (CBDCs) to cutting-edge tools simplifying blockchain development, today’s updates offer a glimpse into how blockchain technology is transforming industries. Here’s your daily briefing on the latest news in blockchain, crypto, and Web3.


Blockchain in Retail: Competitive Intelligence and Trends

A new report analyzing blockchain adoption in the retail sector forecasts significant growth between 2025 and 2034, with major players like IBM, SAP, Oracle, Bitfury Group, and Auxesis Services Technologies leading the charge. The report highlights blockchain’s role in enhancing supply chain transparency, combating counterfeit goods, and enabling seamless loyalty programs.

Why This Matters:

Blockchain’s ability to enhance traceability and trust in supply chains makes it an ideal solution for the retail industry. With consumer demand for transparency growing, retailers are under pressure to provide verifiable data about the origins of their products—a gap blockchain is poised to fill.

Commentary:

Retailers that fail to adopt blockchain solutions risk falling behind as industry leaders use this technology to build trust and customer loyalty. As adoption grows, smaller players may also turn to blockchain-powered SaaS platforms to stay competitive.

Advertisement

Source: GlobeNewswire


ECB’s Digital Euro Pitch in Response to Growing Crypto Adoption

The European Central Bank (ECB) has pitched the idea of a digital euro, citing the growing influence of cryptocurrencies and global pushes toward digital currencies. The ECB framed the digital euro as a stable, secure alternative to decentralized crypto assets, addressing the region’s need for innovation while preserving monetary sovereignty.

Why This Matters:

CBDCs like the digital euro could redefine global finance, providing a government-backed alternative to private cryptocurrencies. For the EU, this initiative represents both a competitive response to projects like China’s digital yuan and a hedge against the risks posed by unregulated crypto markets.

Commentary:

The digital euro has the potential to address inefficiencies in cross-border payments and financial inclusion. However, its success will depend on balancing innovation with privacy—a concern central to public trust in government-backed digital currencies.

Source: Reuters

Advertisement

Simplifying Blockchain Development with Enso

Enso, a new development tool, promises to revolutionize blockchain coding by making the process more intuitive and accessible. Dubbed the “Intent Revolution,” Enso eliminates the need for complex, code-heavy development by allowing developers to articulate “intentions” that the platform then translates into blockchain logic.

Why This Matters:

The barrier to entry for blockchain development has long been its technical complexity. Enso’s approach could significantly lower this barrier, enabling a broader range of developers—and potentially businesses—to participate in blockchain innovation.

Commentary:

Simplifying blockchain development is a critical step in driving adoption. Tools like Enso are not just about ease; they democratize access to blockchain innovation, allowing smaller players to compete with industry giants.

Source: DL News


French Crypto Co-Founder Freed After Kidnapping Incident

In an alarming story, a co-founder of a prominent French cryptocurrency company was kidnapped but has since been freed after a swift operation by French authorities. While the specifics of the case remain under wraps, reports suggest that the incident stemmed from disputes related to crypto investments.

Advertisement

Why This Matters:

This incident underscores the risks associated with the crypto industry, particularly for high-profile figures. With cryptocurrencies often linked to high-value transactions, individuals in the sector may face heightened personal security threats.

Commentary:

As the crypto industry matures, security—both digital and physical—must become a priority for individuals and organizations. Expect to see increased demand for personal security services tailored to crypto executives.

Source: France24


Ex-Visa CFO Joins Blockchain Firm Amid Trump’s Crypto Push

Former Visa CFO, Charlotte Hogg, has joined the board of a leading blockchain firm, signaling increasing alignment between traditional finance and blockchain. The move comes as Trump’s administration accelerates its crypto-related policies, placing blockchain at the forefront of financial innovation.

Why This Matters:

Hogg’s appointment highlights the growing convergence of traditional finance and blockchain technology. The expertise of seasoned financial executives could lend credibility to blockchain firms, making the sector more appealing to institutional investors.

Advertisement

Commentary:

Bringing in talent from established financial institutions is a strategic move that positions blockchain companies for mainstream adoption. With figures like Hogg on board, the narrative of blockchain as a speculative industry is shifting toward one of legitimacy and innovation.

Source: CFO Dive


CZ, Crypto’s Wealthiest Man, Focuses on Philanthropy

Changpeng Zhao (CZ), the CEO of Binance and one of the wealthiest figures in crypto, has announced a renewed focus on philanthropy. CZ’s latest initiative involves leveraging blockchain technology to increase transparency and efficiency in charitable giving, with an emphasis on combating poverty and improving global education.

Why This Matters:

Blockchain-based philanthropy offers a unique opportunity to ensure donations are used effectively, addressing long-standing concerns about corruption and mismanagement in the charity sector. CZ’s initiative could set a new standard for transparency in philanthropy.

Commentary:

CZ’s pivot toward philanthropy not only reflects the growing maturity of the crypto industry but also highlights blockchain’s potential to solve real-world problems. As trust becomes a cornerstone of crypto adoption, initiatives like this can have a far-reaching impact.

Advertisement

Source: Yahoo Finance


Key Trends Shaping Blockchain and Crypto Today

Today’s stories illustrate several key trends in blockchain and crypto:

  1. Institutional Alignment: From the ECB’s digital euro to Charlotte Hogg’s new role, traditional finance is increasingly embracing blockchain technologies.
  2. Simplifying Innovation: Tools like Enso reflect a push to make blockchain development more accessible, which will drive adoption across industries.
  3. Security Concerns: The kidnapping of a French crypto executive serves as a stark reminder of the risks faced by industry leaders.
  4. Social Impact: CZ’s philanthropic efforts demonstrate how blockchain can drive social good, particularly in areas like education and poverty alleviation.

Looking Ahead

As blockchain and cryptocurrency continue to evolve, the industry is moving beyond speculative trading toward meaningful applications. Whether it’s through enhancing supply chain transparency, driving financial inclusion, or simplifying development, blockchain’s potential remains immense. However, challenges like regulation, security, and public trust must be navigated carefully to ensure sustained growth.


This concludes Blocks & Headlines: Today in Blockchain for January 24, 2025. Stay tuned for tomorrow’s briefing as we continue to track the trends and innovations shaping the future of blockchain and cryptocurrency.

The post Blocks & Headlines: Today in Blockchain – January 24, 2025 (IBM, SAP, Oracle, Bitfury Group, Auxesis Services Technologies, Binance, European Central Bank) appeared first on News, Events, Advertising Options.

Advertisement
Continue Reading

Blockchain

Simplifying Crypto Payments: Introducing Bybit Pay

Published

on

simplifying-crypto-payments:-introducing-bybit-pay

Simplifying Crypto Payments: Introducing Bybit Pay

Continue Reading

Blockchain

Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)”

Published

on

andrew-cardno-to-speak-on-the-session-titled-“the-seven-forces-transforming-our-industry-(whether-we-like-it-or-not)”

Quick Custom Intelligence (QCI) is pleased to announce a must-attend session at the upcoming January 28–30, 2025, Raving Next: Indian Gaming Strategic Operations and Leadership Conference at Pechanga Resort Casino in Temecula, CA. This event will feature Andrew Cardno, CTO of QCI, as he delivers an in-depth exploration of the rapid technological evolution reshaping tribal gaming, including the impact of Artificial Intelligence (AI) and robotics on gaming floors and team members.

The signature session, titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not),” will take place on January 29, 2025, from 1:15 – 2:00 PM (Mainstage). Mr. Cardno’s presentation will discuss how casino operators can adopt these advanced tools while preserving core traditions and staying ahead of the competition.

“AI and robotics are no longer futuristic concepts in the tribal gaming space—they are here now,” said Andrew Cardno, CTO of QCI. “Our goal is to help operators confidently integrate these technologies and develop robust plans for sustainable success.”

The session will also feature insights from Deana Scott, CEO of Raving Consulting, who will offer guidance on seamlessly incorporating new technologies into tribal enterprise strategies, ensuring both guest experience and workforce well-being remain top priorities.

Advertisement

“This isn’t about technology for technology’s sake,” noted Deana Scott. “It’s about finding the best fit for each tribal enterprise, ensuring the heart of our industry—our people and culture—remains at the forefront of decision-making.”

Attendees can expect to leave with practical approaches to integrating and leveraging emerging technologies in ways that reinforce the unique strengths of tribal gaming, enhance operational efficiency, and empower team members.

The post Andrew Cardno to speak on the session titled “The Seven Forces Transforming Our Industry (Whether We Like It or Not)” appeared first on News, Events, Advertising Options.

Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE