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Radiant Capital attributes hack, Immutable launches reward system, Meme Vault raises funds, and other Web3 news

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  • Immutable (IMX) has launched a continuous reward system called Gems to enhance player engagement in Web3 gaming, allowing players to earn rewards through daily tasks and quests, while transitioning to more dynamic daily rewards.
    🔗Binance
  • Radiant Capital has attributed a $50 million hack of its DeFi platform to a North Korea-aligned hacking group, which used malware distributed via Telegram to gain access, leading to a significant decline in its total value locked (TVL).
    🔗CryptoPotato
  • BitAngels, an investor network founded in 2013, is promoting Web3 innovation through in-person networking and live pitch competitions, successfully connecting blockchain entrepreneurs with investors and facilitating strategic partnerships.
    🔗Crypto News
  • OVERTAKE’s GameFest features the Somnis: Rumble Rush Quest, allowing players to earn rewards through strategic gameplay on the Immutable platform, with over 30,000 registrations and a strong player base since its launch.
    🔗Blockchain News
  • Meme Vault has raised £271,000 to support its new strategy of transitioning into a holding company for cryptocurrency assets and Web3 projects, with plans to establish operations in Dubai due to its favorable regulatory environment.
    🔗UKTN (UK Technology News
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