Month: May 2022

Tilting Point partners with Polygon Studios, and LootRush raises $12M

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SpongeBob and Warhammer mobile game scores Polygon partnership Free-to-play mobile games publisher Tilting Point has entered a multiyear partnership with Polygon Studios to launch 10 Web3 games over the next two years. Polygon Studios and Tilting Point plan to help both native Web3 game developers scale their games alongside free-to-play developer partners, and studios who want to bridge from Web2 to Web3 gaming. The first three titles in the works are interstellar strategy game “Astrokings” from Korean developer AN games, which Tilting Point acquired earlier this year; virtual slot game “The…

Vector Finance (VTX) TVL hits a record high as the Curve Wars shift to Avalanche

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The battle to attract stablecoin liquidity has been a trending theme across the cryptocurrency landscape for the past year, especially as decentralized finance users have come to realize the hefty APY that can be earned on dollar-peg assets. While Curve Finance remains the undisputed leader in interest bearing stablecoin liquidity pools, several new entrants have begun to climb the ranks, including Vector Finance (VTX), a protocol that enables Avalanche network users to generate boosted yields on their stablecoin positions. Data from CoinGecko shows that the price of VTX recently underwent…

URGENT: Joe Biden to Issue MASSIVE Cryptocurrency Executive Order NEXT WEEK!!

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Bitcoin drops to $35.5K as 1,000 point Dow correction marks the worst trading day since 2020

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Global financial markets plunged into disarray on May 5 as the Dow Jones saw a 1,063 point drop and Bitcoin (BTC) price plummeted to $35,571 on Binance. The widespread weakness comes as traders have had more time to digest the recent half-point interest rate hike by the Federal Reserve, the largest hike since 2000, which was done in an attempt to corral record high inflation. Data from Cointelegraph Markets Pro and TradingView shows that the midday dump in the price of BTC coincided with a sell-off in the tech sector,…