Everything web3, crypto, defi, degen
In brief The price of ETH has dropped by 4.4% in 24 hours, outpacing the wider crypto market decline. SharpLink and other firms have boosted their ETH treasury holdings. The market lift was offset by an exit queue of over 1 million ETH set to be withdrawn from staking, and ongoing network congestion. Ethereum’s price…
In brief Top markets on Myriad this week focus on Dogecoin’s next move, SharpLink’s Ethereum holdings, and the U.S. Open. Predictors think SharpLink Gaming will achieve its goal of accumulating 1 million ETH by September 16. They also lean bullish on DOGE, expecting a pump to $0.30 before a dump to $0.15. Have a strong…
In brief M0 raised $40 million in Series B funding. The firm separates stablecoin reserve management from programmability. M0 is supporting the debut of MetaMask’s mUSD stablecoin. Switzerland-based stablecoin platform M0 raised $40 million in Series B funding, as it seeks to shake up the relationship between token issuers and blockchain developers, according to a…
In brief Football.fun is a new on-chain soccer platform that blends crypto trading with fantasy sports gameplay. The platform has grown by more than 10x in the last two weeks. Users can buy shares in their favorite soccer players from the world’s top pro leagues and profit on their success. The growing soccer talk among…
In brief Crypto gaming has experienced a growing trend of games and studios shutting down. Game creators are struggling to find funding to complete development, among other commonly cited issues. Once-promising blockchain games like Deadrop, Nyan Heroes, Ember Sword, and Pirate Nation top the list. While crypto gaming has long been seen as a key…
In brief SharpLink Gaming added around $250 million in Ethereum to its treasury last week. The firm now holds nearly 800,000 ETH valued around $3.6 billion. Myriad predictors are split as to whether or not the firm will reach its goal of 1 million ETH by mid-September. Gambling marketer turned Ethereum treasury company SharpLink Gaming…
In brief Sugar Match is a new mobile puzzle game akin to Candy Crush Saga, albeit with crypto features. The game is built around the CNDY token minted on Tezos layer-2 network, Etherlink. The mobile game is now available in Google Play Store and Apple App Store. Candy Crush Saga’s glossy, streamlined take on match-3…
In brief Pantera may launch “Solana Co.” to hold Solana tokens as a corporate treasury asset. The effort would begin with a $500 million raise, followed by $750 million in warrants. A single entity could end up holding more Solana than all current public treasuries combined. Pantera Capital is reportedly seeking to raise up to…
In brief Google Cloud exec Jack Buser warned that rising costs and stagnant play time have left studios with a broken business model. A recent Google Cloud study said nine of 10 developers now use AI tools somewhere in production. While critics fear job losses and backlash as AI reshapes game design, Buser said AI…
Just two days after finally breaking past its all-time high mark set all the way back in November 2021, Ethereum climbed to an even higher peak on Sunday.Ethereum rose as high as $4,945 on Sunday, per data from CoinGecko, while CoinMarketCap shows an even higher jump to $4,948. ETH remains close to both marks, currently…
