10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Blockchain

Starknet Foundation’s James Strudwick on Why Web3 Gaming Adoption Remains Stagnant 



Despite the cryptocurrency boom, Web3 gaming has lagged behind, but progress is being made according to James Strudwick of Starknet Foundation. While growth may seem slow, the ecosystem is evolving. Starknet, an Ethereum-based Layer-2 scaling solution, enables developers to create games within its system. Strudwick emphasizes that beneath the surface, advancements are occurring, suggesting that Web3 gaming’s potential is still unfolding. The company, based in Israel, believes its technology provides a platform for future gaming innovation. This continued development hints at a brighter future for Web3 gaming, even if its trajectory differs from the rapid ascent of other crypto sectors.



Source link

by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link