GameFi News August 31, 2022 Blockchain game developer Xterio raises $40 million to create new generation of Web3 titles Web3 game developer and publisher Xterio has raised $40 million in a new funding round. The Swiss company plans to build a social gaming platform and create free-to-play cross-platform blockchain titles based on its own IPs.
GameFi News August 31, 2022 Report: crypto companies laid off almost 5,000 employees this year, with Coinbase cutting over 1,000 people The ongoing crypto winter, which has wiped out almost $2 trillion in value from the market, has affected blockchain companies across the globe. This has resulted in nearly 5,000 people losing their jobs in recent months.