Toei Animation and Wemade Join Forces for a Groundbreaking Blockchain Game
Toei Animation, renowned for producing iconic anime series like Dragon Ball, One Piece, and Sailor Moon, has partnered with South Korean blockchain company Wemade to create an innovative blockchain game titled DenDenGarden.
This exciting project is based on Toei’s DenDekaDen intellectual property, unveiled in collaboration with Japanese Web3 firm Strata back in 2022.
DenDekaDen delves into the stories of seven spirits from Kyoto on their quest for divinity.
This partnership is part of a larger trend that sees the world of Japanese entertainment increasingly intertwined with blockchain technology, especially within the gaming and non-fungible token (NFT) spaces.
Earlier this year, the launch of Captain Tsubasa Rivals—a blockchain game inspired by the beloved football manga—marked a significant step in this direction, making its debut on Oasys, a prominent Japanese gaming platform.
Despite the involvement of major players like Bandai Namco and Sega in Japan’s blockchain gaming scene, the sector has yet to experience a breakthrough moment.
Ryo Manzoku, Oasys’s technology director, emphasized this point in a recent discussion.
Singapore Gulf Bank Seeks $50 Million to Acquire Stablecoin Firm
In a bid to acquire a stablecoin payment firm by 2025, Singapore Gulf Bank, based in Bahrain, is reportedly aiming to raise $50 million by offering 10% of its equity.
Bloomberg sources reveal that the bank is in talks with a Middle Eastern sovereign wealth fund, among other potential investors, to secure the funding needed.
The bank is setting its sights on a stablecoin payment company, likely located in Europe or the Middle East.
Recently, it launched corporate banking services in early November, backed by the Whampoa Group, a Singaporean family office, and supported by Bahrain’s sovereign wealth fund.
However, a spokesperson for Singapore Gulf Bank declined to comment on the ongoing funding and acquisition discussions when approached by Cointelegraph.
Surge in Crypto Scams Across Asia Amid Bitcoin Rally
The recent upswing in Bitcoin prices has coincided with a troubling increase in cryptocurrency scams throughout Asia, prompting urgent warnings from regulators and industry organizations.
Reports from China suggest that many inexperienced investors have fallen victim to fraudulent platforms enticing them with promises of high returns on trading Tether (USDT).
Many victims are unaware that USDT is a stablecoin with a fixed value, leaving them susceptible to deceptive claims of guaranteed profits through staking or holding.
In the Philippines, the Cybercrime Investigation and Coordinating Center (CICC) has noted a rise in cryptocurrency fraud complaints.
Scammers adopt aggressive tactics, presenting “exclusive” investment opportunities that pressure victims to act quickly.
Once funds are moved, the scammers cut off all lines of communication.
Similarly, in Malaysia, the Digital Asset Platform Association has reported scams targeting inexperienced investors and senior citizens.
Fraudsters often impersonate agents from registered exchanges, luring victims with promises of impressive returns while redirecting them to unregulated platforms.
Source: Cointelegraph
