Gaming
Crypto Game Axie's AXS Tokens Get Unlocked, Recipients Send $5.7M Worth to Exchanges
Axie Infinity released the first batch of 10 million previously restricted tokens to early investors and insiders, blockchain data shows. Crypto asset management firm Arca already deposited freshly-claimed AXS tokens to the FTX exchange – a move that sometimes indicates an inclination to dump.
Crypto Gaming Token AXS Under Pressure as $215M Unlock Looms for Axie
Some 10 million of Axie’s AXS tokens owned by insiders and early investors will be unlocked soon, creating selling pressure. AXS price has dropped following prior unlocking.
Web3 Infrastructure Firm ChainSafe Raises $18.75M Series A
The oversubscribed funding round was led by Round13 and included participation from NGC Ventures, HashKey Capital, Sfermion and Jsquare
This Native American Tribe Leader Is Bringing Salmon Restoration to the Metaverse
In Salmon Journeys on Decentraland, users catch Chinook salmon to win exclusive NFTs.
Mythical Games Creates Mythos Foundation to Decentralize Web3 Gaming
The gaming technology company is also expanding its ecosystem with the Mythos DAO and the $MYTH governance token.
Web3 Gaming Has a Long Way to Go Before It Becomes Mainstream, Survey Says
A study from Coda Labs shows that only 3% of gamers own an NFT and generally don’t have positive feelings about crypto.
Bitcoin Gains Momentum on Fed Pivot Narrative
Bitcoin (BTC) continues to build bullish momentum on the expectation that the U.S. Federal Reserve and other major central banks would slow tightening. Arca Portfolio Manager David Nage discusses his crypto markets analysis, investor sentiment, and consumer trends. “A lot of people are on pause, they’re in neutral,” Nage said.
Blockchain Game Developer Horizon Raises $40M in Series A Funding Round
The round was led by Brevan Howard Digital and Morgan Creek Digital, and included investments from traditional gaming companies Ubisoft and Take-Two Interactive.
Steve Cohen-Backed Firm Invests $10M in Web3 Game Marketplace AQUA
The hedge fund billionaire has invested in crypto projects since 2018.
Play-to-Earn Gaming Platform Vulcan Forged Raises $8M in Series A Funding
The funding round was led by investment firm Skybridge Capital.
