razer

ChainCatcher news, cryptocurrency company BIGG Digital Assets has signed an agreement with metaverse company TerraZero to acquire all preferred shares held by TerraZero, with a total value of approximately 62 million BIGG common shares (about 20 million USD). This transaction is expected to be completed in September 2023, pending approval from TerraZero shareholders and other processes. Upon completion of the transaction, TerraZero will become a wholly-owned subsidiary of BIGG, with existing BIGG and TerraZero shareholders owning approximately 80% and 20% of BIGG shares, respectively.It is reported that in the first and second quarters of 2023, TerraZero generated approximately 1.5 million USD in revenue, a year-on-year increase of 161%, and launched activation services for clients such as PwC, Fidelity International, and Warner Music. TerraZero expects to expand its business plan in the second half of 2023, focusing on the development of the Intraverse technology ecosystem, which is expected to launch in the first quarter of 2024.

ChainCatcher news, according to The Straits Times, gaming hardware giant Razer has experienced a data breach. Last Saturday, a seller on a hacker forum sought to sell the stolen Razer data for $100,000 in cryptocurrency.The Straits Times investigation found that the data for sale includes the source code of the Razer website and its products, as well as backend access login information. This includes a folder named zVault (a digital wallet launched by Razer in March 2017, which was later replaced by Razer Gold in December 2018) and a folder that allegedly contains encryption keys and files related to its rewards system. On the hacker forum, the seller stated that they were willing to sell the aforementioned data for $100,000 in Monero and would accept offers below the specified amount.Razer stated that it is aware of a potential data breach and is conducting an investigation. (Source link)

ChainCatcher news, gaming hardware giant Razer has launched the Web3 Incubator zVentures Web3 Incubator (ZW3I), aimed at helping bring Web3-supported games to mainstream players.It is reported that the incubator will focus on providing marketing support and will incubate up to 36 projects, including PC games and mobile games. (source link)