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29 06, 2025

Polygon’s USDC Activity Surges 50% Driving DeFi Adoption

By |2025-06-29T21:21:23+03:00June 29, 2025|News, NFT News|0 Comments


Polygon has emerged as a leader in the growth of active users for USDC, a prominent stablecoin. This development underscores the increasing adoption of Polygon’s network and its collaboration with Circle, which has enhanced the stability of the stablecoin ecosystem. The surge in Polygon’s activity reflects a significant shift in user preferences, drawing attention to its growing influence within the crypto landscape. This rise may also impact other blockchain ecosystems, as users and developers increasingly turn to Polygon for its scalability and cost efficiency.

Polygon’s growing integration with USDC has captured a substantial portion of the stablecoin’s activity. This trend highlights the network’s ability to attract users seeking reliable and efficient blockchain solutions. The increase in Polygon’s activity represents a notable advancement in blockchain scalability, as evidenced by a surge in its total value locked (TVL) metrics. This robust network engagement indicates that Polygon is becoming a preferred option for users and developers alike, potentially influencing the broader crypto market.

The broader trends in decentralized finance (DeFi) adoption are also reflected in the increased user activity on Polygon’s network. As Polygon’s ecosystem expands, it signals potential shifts in the use of stablecoins across various blockchain platforms. This growth in user activity may drive increased interest from developers and investors seeking cost-efficient solutions, further stabilizing Ethereum’s network congestion. Historical trends suggest that Polygon’s user growth could alleviate some of the pressure on Ethereum’s network, making it a more attractive option for those looking to avoid high transaction fees and congestion.

Polygon’s growing traction with Circle’s USDC could have broader financial implications. The trends observed underscore the potential for long-term shifts in digital asset management across crypto markets. Polygon’s role in advancing stablecoin technology may also influence future regulatory considerations, as policymakers grapple with the evolving landscape of digital currencies. The collaboration between Polygon and Circle highlights the importance of stablecoins in the broader crypto ecosystem and their potential to drive innovation and adoption in the digital asset space.



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29 06, 2025

$5 Million Closed For Launching Web3 Game On Telegram

By |2025-06-29T19:20:26+03:00June 29, 2025|News, NFT News|0 Comments


Spekter Games, a next-gen game publisher dedicated to building roguelite mobile games with seamless Web3 incentives, announced a $5 million pre-seed funding round and launched its first title, Spekter Agency. The funding round saw participation from prominent investment firms, including a16z speedrun, London Venture Partners, BRV Capital, Chamaeleon, Accelerator Ventures, Impact46, Versus Ventures, and Alumni Ventures.

This funding coincides with today’s official launch of Spekter Games’ first title Spekter Agency, a rogue-lite action game debuting on Telegram. Inspired by breakout hits like Vampire Survivors, Spekter Agency offers addictive, arcade-style gameplay tailored for mainstream audiences, planning to integrate passive blockchain rewards without the complexity associated with Web3 gaming.

Utilizing Telegram’s massive platform of over 1 billion monthly active users, Spekter Agency runs on Telegram’s Mini Apps infrastructure, enabling frictionless onboarding and instant, native gameplay. And Telegram’s built-in wallet capabilities can simplify crypto transactions, drastically reducing the barriers traditionally associated with blockchain gaming and opening it up to a wider audience.

Company founder: Spekter Games was created by industry veteran and serial entrepreneur Taehoon Kim (TK), who brings over 20 years of experience in the gaming industry with multiple exited startups. At his previous company, nWay, TK led the development of real-time, cross-play multiplayer hits like Power Rangers: Legacy Wars and Battle for the Grid, amassing 100+ million downloads. nWay was acquired by Animoca Brands, where TK stayed on to lead Web3 gaming initiative in collaboration with partners like Yuga Labs and Dapper Labs. TK and the Spekter team bring deep expertise in both Web2 and Web3 game development, uniquely positioning them to build games that seamlessly bridge both worlds for mainstream adoption.

How the funding will be used: The funding raised will enable Spekter Games to scale Spekter Agency across additional platforms, including other chat-based super apps and traditional mobile stores like the App Store and Google Play. Plus, the capital will support the ongoing development of the publisher’s second game, already underway.

KEY QUOTES:

“We’re building games that people love for the gameplay, not just the rewards. Web3 incentives can supercharge retention and virality, but they should never get in the way of the fun. By keeping these systems passive and behind the scenes, we’re showing that it’s possible to bring Web3-enhanced games to the mainstream without compromising gameplay.”

Taehoon Kim (TK), CEO and founder of Spekter Games

“We believe there is a real opportunity to improve the early tap-to-earn games on Telegram with deep mechanics that resonate with real gamers. We’re thrilled to back TK and his seasoned team as they push the boundaries of what’s possible in gaming on chat-based super apps.”

Robin Guo, investment partner at a16z speedrun



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29 06, 2025

SEI Surges 70% in Two Weeks on DeFi Growth and Ecosystem Activity XRP Rises 9-12% to $2.20 Amid Bullish Market Sentiment and Technical Indicators BlockDAG Offers 100 Million Airdrop with Engagement-Based Rewards

By |2025-06-29T09:15:25+03:00June 29, 2025|News, NFT News|0 Comments


SEI has experienced a significant surge, with its price jumping over 70% in less than two weeks. This rally is attributed to a sharp increase in total value locked (TVL) and wallet activity within its ecosystem. The token broke past key resistance levels, including the $0.27 mark and its 200-day exponential moving average (EMA), indicating strong bullish sentiment. The trading volume has surged, and technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are showing high levels, although some short-term risk remains.

SEI’s decentralized finance (DeFi) ecosystem has also seen rapid growth, with TVL rising 25% in one day to surpass $535 million. The number of active wallet addresses has reached over 8.1 million, placing SEI just below Base among Ethereum Virtual Machine (EVM) chains. This momentum was further driven by SEI’s mention in the Wyoming Stable Token Commission’s pilot for Weiss stablecoin and anticipation around the “Giga” upgrade, which aims for over 5 Gbps speed and sub-400 ms finality. Additionally, SEI attracted over $3 million in net inflows, while competitors like Solana saw outflows, adding credibility to the SEI price rally.

XRP has also seen a notable price update, rising 9–12% to top $2.20. This bullish move is supported by broader market conditions and specific developments, such as co-founder Arthur Britto reappearing in the news, which added to the buying pressure. The token is now sitting around $2.18–$2.22 after breaking through resistance at $2.10. Bullish patterns on technical indicators like MACD and Parabolic SAR support the trend. However, on-chain activity shows caution, with large wallets offloading nearly $68 million in XRP daily, suggesting potential correction zones between $1.35 and $1.60 if profit-taking increases.

Despite the caution, the supply side could remain stable with Ripple’s July 1 escrow unlock expected to re-lock much of its 1 billion XRP. Short-term targets are set at $2.48, with some experts even projecting $5–7 by year-end. For now, the XRP price update signals a healthy recovery backed by improving sentiment.

While SEI and XRP are gaining momentum, BlockDAG is offering a unique opportunity with its 100 million airdrop. Instead of just holding, BlockDAG invites users to earn through engagement. Its live 100 million airdrop encourages users to engage through quests, run testnet nodes, use tools, and refer new participants. From mining to sharing content, each action helps grow the network. Top 100 contributors earn large rewards, with the highest getting 10.1 million BDAG. This is more than a giveaway; it’s a structured reward system that makes BlockDAG a strong contender for the best crypto right now.

BlockDAG’s airdrop is not a traditional one. Instead of passively claiming rewards, participants actively test tools, run nodes, refer friends, and create content. Tasks fall into four areas: Testnet, Social, Referral, and Presale. Every three months, the leaderboard resets, giving everyone another chance to win. Top 100 users receive part of the 100M BDAG airdrop, with the #1 spot earning 10.1M. This hands-on setup helps position BlockDAG as one of the best crypto projects available now.

Currently in Batch 29, BDAG is selling at $0.0080. As part of the GLOBAL LAUNCH release, three BDAG purchases at $0.0080 are available, with $0.0017 unlocked for every additional BDAG purchase until August 11. Over 23.3 billion coins have been sold, raising $325 million. The presale will close after 45 batches or $600 million is raised. With a $0.05 target listing price, that’s up to 17x ROI from today’s rate. The network already includes more than 2 million mobile miners on the X1 miner app, with 18,200 hardware mining devices sold, and is set to start deliveries in July. Exchange listings on various platforms are planned. If you want a project that pays for your time and input, BlockDAG stands out among the best crypto right now.



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28 06, 2025

Ethereum’s Resilience: Institutional Adoption, Staking Milestones, and DeFi Dominance Propel Growth

By |2025-06-28T09:02:18+03:00June 28, 2025|News, NFT News|0 Comments


Ethereum News Today: Price Analysis, Upgrades, and Market Trends

Ethereum Price Analysis: Key Resistance Levels and Market Trends

Ethereum’s price has been navigating critical resistance levels, with recent highs reaching $2,833 and consolidating above $2,700. This price movement reflects strong bullish sentiment, driven by both technical indicators and macroeconomic factors.

Key resistance zones identified by analysts could determine Ethereum’s next trajectory. The breakout above the 50-day moving average and the formation of ascending triangle patterns suggest potential upward momentum. However, traders are closely monitoring these levels for signs of consolidation or retracement.

Institutional Adoption and Investment Inflows

Institutional adoption continues to be a major driver of Ethereum’s price surge. BlackRock’s iShares Ethereum Trust recently recorded 23 consecutive trading days without outflows, signaling sustained interest from institutional investors. Additionally, Ethereum-based investment products have seen net inflows of $295.4 million in the past week, contributing to a seven-week total of $1.5 billion.

This influx of capital underscores growing confidence in Ethereum as a long-term asset, further solidifying its position as a leading blockchain platform.

The Pectra Upgrade: Transforming Ethereum’s Ecosystem

The Pectra upgrade, introduced in May 2025, has brought significant improvements to Ethereum’s ecosystem. Key enhancements include:

  • Higher validator staking limits

  • Improved transaction efficiency

  • Gas fee payments using stablecoins

These upgrades have bolstered Ethereum’s scalability and enhanced its appeal to developers and users. The stablecoin gas payment feature, in particular, has reduced transaction costs, making Ethereum more accessible for everyday use.

Staking Milestones and Supply Reduction

Staked Ethereum has reached a record 34.65 million tokens, locking up approximately 28.7% of the total supply. This substantial staking activity has created upward price pressure by reducing the circulating supply.

The staking mechanism incentivizes long-term holding, further stabilizing the market. As more investors participate in staking, Ethereum’s network security and decentralization continue to strengthen.

Technical Analysis: Indicators and Price Predictions

Technical indicators are painting a bullish picture for Ethereum. The breakout above the 50-day moving average and the formation of ascending triangle patterns are key signals of potential upward momentum. Analysts are also leveraging Fibonacci retracement levels to identify support and resistance zones.

While price prediction models remain speculative, the current technical setup suggests that Ethereum could test higher resistance levels in the near term.

Ethereum’s Dominance in DeFi and Real-World Asset Tokenization

Ethereum continues to dominate the decentralized finance (DeFi) space, holding 61% of the total value locked (TVL) with approximately $66 billion. This dominance is driven by Ethereum’s robust ecosystem and its ability to support real-world asset tokenization.

From tokenized real estate to supply chain assets, Ethereum is enabling new use cases that bridge traditional finance with blockchain technology. This growing adoption further solidifies Ethereum’s position as the leading platform for DeFi innovation.

Layer 2 Scaling Solutions: Enhancing Network Efficiency

Ethereum’s Layer 2 scaling solutions, such as the Base network, have significantly improved network congestion and transaction fees. These solutions enable faster and cheaper transactions, making Ethereum more competitive against other Layer 1 blockchains.

By addressing scalability challenges, Layer 2 networks are paving the way for broader adoption and increased utility of Ethereum.

Regulatory Developments: Boosting Institutional Confidence

Regulatory clarity has played a pivotal role in bolstering institutional confidence in Ethereum. Recent statements from the SEC regarding staking and wallet software development have provided a clearer framework for compliance.

This regulatory progress has reduced uncertainty and encouraged more institutional players to enter the Ethereum ecosystem. However, ongoing developments in global regulations will continue to shape Ethereum’s trajectory.

Corporate Adoption: Ethereum as a Treasury Asset

SharpLink Gaming’s decision to increase its Ethereum treasury holdings to 188,478 ETH highlights the growing corporate interest in Ethereum as a strategic asset. This move reflects a broader trend of companies leveraging Ethereum for its staking rewards and long-term growth potential.

As more corporations adopt Ethereum, its role as a treasury asset is likely to expand, further driving demand.

Market Sentiment and Macroeconomic Factors

Market sentiment around Ethereum remains optimistic, fueled by institutional adoption, staking milestones, and DeFi dominance. However, macroeconomic factors such as inflation, interest rates, and global economic stability continue to influence Ethereum’s price dynamics.

While Ethereum has demonstrated resilience, traders and investors should remain vigilant about potential risks, including over-leveraged market conditions and competition from emerging Layer 1 blockchains.

Conclusion

Ethereum’s recent developments, from institutional adoption to staking milestones and Layer 2 scaling solutions, underscore its resilience and upward potential. As the ecosystem continues to evolve, Ethereum is well-positioned to maintain its dominance in DeFi and expand its use cases in real-world asset tokenization.

While challenges remain, the combination of technical advancements, regulatory clarity, and corporate adoption paints a promising picture for Ethereum’s future.



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27 06, 2025

Moonveil Launches $MORE Token for Web3 Gaming on Binance

By |2025-06-27T16:53:51+03:00June 27, 2025|News, NFT News|0 Comments


$MORE Is Here: Moonveil’s Game-Changing Token Debuts on Binance

The Web 3 gaming landscape is gearing up for a major shift as Moonveil. A layer 2 gaming focused blockchain, officially announces the launch of its native token $MORE. 

It was scheduled for today i.e June 27, 2025 at 12 PM UTC. It is a highly anticipated Token Generation Event(TGE) that marks a major milestone for Moonveil.  

This layer 2 blockchain prepares to unlock new dimensions of immersive, interoperable and on-chain gaming experiences. 

The $MORE token is designed to bring the exact things its name suggests i.e more value , utility and more access to the future blockchain gaming. 

Source: X

What is $MORE and why should you care?

$MORE token is far more than just another crypto asset, it is like the lifeblood of Moonveil’s Web3 gaming universe . 

It is designed to enhance everything from transaction efficiency to gameplay incentives, $MORE empowers both gamers and traders. 

The founder of Moonveil MJ described the token as “an economic layer that aligns incentives and promotes real value through on-chain interactions. 

In an easier way it is built to unify the gaming experience. 

Binance Alpha to lead the launch with exclusive $MORE Airdrop

Moonveil has chosen Binance as its first platform to feature $MORE with trading is live today from 12.00PM UTC. in an exciting move for early adopters, Binance will also host a special Alpha Airdrop event which is offering eligible users 400 $MORE tokens through the Binance Alpha page. 

This airdrop is designed to reward active Binance community members-

  • Users with 170 or more Binance Alpha Points can claim the airdrop on a first-come, first-served basis 

  • Each claim will consume 15 Alpha points.

  • The claim window lasts 24 hours from the launch time 

  • Users who don’t confirm their claim in time will forfeit their airdrop

Source: x

This limited time promotion is expected to generate significant buzz and rapid participation, encouraging games and traders alike to engage early. 

Major exchange listings confirmed

Accessibility is the key for any token and Moonveil has delivered it completely. After Moonveil’s exclusive debut on Binance Alpha, $MORE is listed across top centralized exchanges including- Gate.io, MEXC,  Bitget, KuCoin, Beingx, LBank etc. 

These listings ensure that $MORE will be available to a global audience of gamers and investors by removing typical barriers that often plague new tokens. 

Moonveil Tokenomics

The tokenomics of Moonveil’s native token, $MORE reveals a well balanced distribution strategy designed to support long-term growth, decentralization and development. The details are broken down in the below provided pie chart-

 

Source: Coin Gabbar 

  • Private Investors- 21.6%.

  • Liquidity and Marketing – 5% 

  • Team- 14.9% 

  •  Airdrop- 6% 

  • Advisors- 3.5%

  • Ecosystem- 29% 

  • Node owner allocation- 20% 

Community driven growth and adoption

Moonveil’s success is not just technical but it’s social. With over 1 million players already on board through its loyalty programs and regional campaigns, the ecosystem is expanding its footprint in North America, Southeast Asia and beyond. 

The introduction of $MORE is expected to supercharge the momentum, rewarding loyal users, empowering developers and opening doors to brand partnerships and eSports collaboration. 

Conclusion: A token that offers more than just value. 

The launch of Moonveil’s $MORE today marks a major leap in Web3 gaming . With key exchange listings, a Binance Alpha Airdrop and a strong ecosystem already in place , $MORE is set to power a seamless, rewarding gaming experience for users worldwide.


Also read:
Hrum Quote of the Day 27 June 2025: Reward 150 Coins



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27 06, 2025

GaFin And Decimated Collaborate To Start New Era Of Web3 Gaming

By |2025-06-27T10:50:39+03:00June 27, 2025|News, NFT News|0 Comments


GaFin, an advanced gaming infrastructure company, has commenced its exclusive collaboration with Decimated, a much-awaited post-apocalyptic survival MMO game built utilizing Unreal Engine 5 and Web3 technology. The partnership focuses on merging the enthusiastic gaming community of GaFin with DECIMATED’s chaotic, brutal world. The platform took to social media to provide the details of this collaboration.

GaFin Partners with Decimated to Redefine Web3 Gaming

As included in this partnership, the players of DECIMATED can anticipate seamless livestreams, unique in-game events, community-designed campaigns, and high-stakes rewards. DECIMATED is a cutting-edge game that lets players explore a dystopian wasteland. In the game, the players need real-time decision-making, grit, and strategy for survival.

In addition to this, Decimated presents stunning graphics as well as rich storytelling. Apart from that, it also utilizes the blockchain technology to deliver a notable player experience. Hence, the players can have true ownership of assets, transparent progression, and token-based economies. These features are reportedly the hallmarks of the advanced Web3 gaming sector.

Delivering Cross-Platform Experiences Like Community Challenges, Behind-the-Scenes Content, And More

As per GaFin, the collaboration is anticipated to unveil exclusive cross-platform experiences, taking into account community challenges, behind-the-scenes content, and NFT-based cosmetics and gear. The players can access all these things only via the ecosystem of GaFin. Amid the continuous revolution in the Web3-powered gaming market, such collaborations indicate the increasing momentum of player-focused, decentralized platforms. Overall, the combination of the community tools and infrastructure offered by GaFin and the narrative depth, along with immersive gameplay provided by DECIMATED, is set to redefine MMO.





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26 06, 2025

Torram launches dApp challenge with 3M tokens up for grabs

By |2025-06-26T16:39:19+03:00June 26, 2025|News, NFT News|0 Comments


Toronto, Canada, June 26, 2025 (GLOBE NEWSWIRE) — TLDR: Real DeFi on Bitcoin starts now. Torram’s challenge dares devs to bring native stablecoins, DEXs, and RWA platforms to Bitcoin L1 utilizing a new programmable Bitcoin native asset standard. Forget L2s, join the Incentivized Testnet Now.

Torram is putting out the call to builders: launch real DeFi applications on Bitcoin L1 and win up to 1 million Torram tokens each. The team behind Bitcoin’s first complete middleware stack has kicked off the 1M Token Developer Challenge – a multi-phase competition rewarding developers building Bitcoin-native dApps. With Torram Testnet V2.0 now live, the network unlocks programmability and a new token standard natively on Bitcoin – no bridges, no L2s, and no wraps.

With Bitcoin hitting all-time highs above $110K and mainstream momentum building, there’s never been a better time to build. Developers can now deploy on Bitcoin with block times as fast as 60 seconds without bridges or L2s.

“Torram network cures Bitcoin’s limitations and amplifies its strength. Our BUIDL thesis has been – do what’s possible on Bitcoin, and leave the rest to Torram. Now, you can witness that with Torram network V2.0,” Lee Raj, Co-Founder & CTO said.

 Torram Momentum 

The 1M Token Developer Challenge: Build Fast, Win Big

*Phase 1: 30-Day Testnet Sprint (July 1–30)

Be early, be rewarded. The first 10 dApps deployed to Torram earn 200,000 tokens each.

*Phase 2: 90-Day Testnet Marathon (Aug 1–Oct 31)

Build big, scale fast. Rank in the top 3 for usage and earn 1 million tokens each.

Eligible categories include: stablecoins, RWAs, DEXs, collateral lending & borrowing, trading and institutional-grade Bitcoin apps.

View the full Token Challenge rules and rewards here.

Built for Builders

Torram Network 2.0 is the result of over a year of R&D to deliver what Bitcoin has been missing: expressive programmability, real-time on chain price data, and ERC20 behaviour to Bitcoin native assets. 

Today’s Bitcoin-native stack is fragmented and modular. But Bitcoin itself is monolithic by design, and Torram believes its surrounding infrastructure should be too. This reduces complexity and eliminates common failure points seen in modular stacks.

This is Bitcoin’s Ethereum moment. With Torram, builders can finally unlock the functionality of Ethereum and other chains without leaving Bitcoin’s trust layer.

“Torram gives builders not just tools, but a foundation: smart contracts, oracles, and a programmable token standard. We’re creating the layer devs need to launch scalable DeFi applications,” Vakeesan Mahalingam, CFA, Co-Founder & CEO said.

Start Building on Bitcoin Today

Developer Resources

About Torram

Torram has pioneered the first complete end-to-end full stack infrastructure & middleware solution for institutional use cases & applications natively on the Bitcoin network making Bitcoin more useful than just a store of value, and solving fragmented infrastructure for dApps and builders.

*Disclaimer on Token Rewards

All token rewards mentioned as part of the Torram testnet and ecosystem challenges are subject to eligibility, compliance with program terms, technical review, and final approval by Torram Labs.

Rewards may be adjusted, delayed, or withheld at Torram Labs’ sole discretion, including (but not limited to) cases of:

  • failure to meet deployment requirements (e.g. testnet and/or mainnet deployment);
  • failure to complete co-marketing obligations (e.g. case study participation);
  • violation of applicable laws, regulations, or ethical guidelines;
  • any form of fraud, manipulation, or abuse of the program.

Torram Labs reserves the right to modify, suspend, or cancel the token reward programs or terms at any time without prior notice. Tokens awarded through these programs do not represent any form of equity, security, or legal right in Torram Labs or its affiliates.

Participation in the program constitutes acceptance of these terms.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.


            



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26 06, 2025

Web3 Game Golden Guardians: Survivor Ends Service This Week

By |2025-06-26T14:38:30+03:00June 26, 2025|News, NFT News|0 Comments


Golden Guardians: Survivor, the Telegram-based survival shooter from web3 game publisher OVERTAKE, will officially shut down on Friday. The team shared the news on Discord, thanking players for their support and confirming that all $TAKE allocations tied to the game have been safely saved.

Shutdown Details

After June 27, players will lose access to the game and all in-game data. OVERTAKE encourages players to enjoy the final days of gameplay while they can. The team promised to make the remaining time meaningful for the community. Although the game’s journey is ending, any unclaimed $TAKE from gameplay has already been secured through the OVERTAKE Launchpool system.

What Was Golden Guardians: Survivor?

Golden Guardians: Survivor launched in late 2024 during OVERTAKE’s GameFest, a major play to airdrop campaign. The event featured an $85 million reward pool in $OVT, the platform’s native token, which was rebranded to $TAKE in early 2025.

The game placed players in a top-down arena, battling endless waves of zombies and bosses. Each session costs energy that slowly recharges over time. Defeating enemies would grant XP and unlock evolving skills, just like in Vampire Survivors. Six characters were offered, with one free and others unlocked via Telegram Stars or crypto purchases.

Players could earn $GG, the in-game currency, by reaching milestone levels. This currency was convertible into gAP, or Achievement Points, which boosted leaderboard rankings and helped unlock $TAKE airdrop rewards. A global leaderboard and seasonal events added extra incentives, with 5 million $TAKE awarded during Season 2.

Behind the Game: OVERTAKE and GameFest

OVERTAKE is a decentralized web3 game publisher with more than 30 million players. It uses Immutable’s tech to offer gas-free gameplay and scalable blockchain assets. Golden Guardians was one of the games featured during GameFest, a large-scale campaign that spread token rewards across multiple titles like Somnis and The Red One.

The platform had high hopes for Golden Guardians, combining casual survival gameplay with blockchain rewards. It was one of the first Telegram mini-games to use airdrops at scale through an integrated launchpool system.

Web3 Game Closures in May

The latest closure follows a rough month for web3 gaming. In May, multiple titles shut down due to slow funding and delays. Ember Sword halted operations on May 22 after facing financial strain. Nyan Heroes, despite reaching over a million users, failed to secure new investment and also ended its service. Tatsumeeko: Lumina Fates was cancelled after eight public playtests, with its team citing a loss of vision. Wonder Wars and Blast Royale were also shutting down, with the latter set to close on June 30.

These shutdowns mark a clear shift in the web3 gaming space. While fewer games have closed in June, it’s evident that the delayed bull run is putting pressure on developers. Many studios that launched during the 2021–2022 boom are now struggling to stay afloat. 

The Takeaway

Golden Guardians: Survivor showed promise with its simple gameplay and strong integration with Telegram and Immutable. But like many web3 games this year, it couldn’t escape broader market struggles. While $TAKE holders will still receive their airdrops, the game’s closure signals ongoing challenges for crypto gaming studios. 



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26 06, 2025

Cardano Founder Says Midnight is Going to Be the DeFi Layer of XRP

By |2025-06-26T00:31:36+03:00June 26, 2025|News, NFT News|0 Comments


Charles Hoskinson, the founder of Cardano, recently shared his vision for the Midnight collaboration with the XRP ecosystem.

Hoskinson discussed this during a live AMA session, revealing that he wants Midnight, Cardano’s privacy-focused sidechain, to become the DeFi layer for the XRP ecosystem. 

Midnight to Act as the DeFi Layer of XRP

According to the Cardano founder, this move would allow XRP holders and Ripple itself to access better DeFi yields without needing to move their tokens off the XRP Ledger.

Hoskinson believes XRP can stay true to its identity while still gaining access to advanced DeFi services. His goal centers on giving XRP users a chance to earn higher returns through features like staking, lending, and liquidity pools. These are options that XRP’s native chain doesn’t support because it lacks smart contract capabilities.

Midnight, the Cardano sidechain designed to protect user privacy through zero-knowledge cryptography, is at the center of this plan. Notably, Midnight lets users run confidential smart contracts and interact with DeFi applications without revealing sensitive data.

As the Cardano ecosystem connects Midnight to the XRP Ledger, it will present DeFi opportunities for XRP holders while keeping their assets safe on the native chain.

A Full XRP DeFi Package

Hoskinson’s plan is part of a broader push to build bridges between blockchain communities rather than create competition. Specifically, he wants Cardano and XRP to work side by side, with Midnight acting as a secure layer that expands XRP’s use cases. 

The integration doesn’t stop with Midnight, as confirmed by Hoskinson, who teased a “full DeFi package.” As part of this package, Cardano’s Lace Wallet will soon support XRP, allowing users to manage XRP and other digital assets in one place. 

In addition, discussions are underway to bring RLUSD, Ripple’s USD-backed stablecoin, into the Cardano ecosystem. If this is successful, RLUSD will serve as a stable liquidity option for DeFi platforms running on Midnight.

Meanwhile, Hoskinson has also spoken with Ripple’s top executives, including CTO David Schwartz and CEO Brad Garlinghouse, about building a smooth connection between Midnight and the XRP Ledger. These talks aim to combine Cardano’s smart contract tools with XRP’s strength in cross-border payments and deep liquidity.

The Midnight Airdrop 

Interestingly, to encourage early adoption, Cardano has launched two airdrop campaigns: the Glacier Drop and the Midnight airdrop. XRP holders who had at least $100 worth of XRP on June 11, 2025, can claim part of the 1.2 billion NIGHT tokens, which power Midnight’s governance. 

Notably, Midnight has already gone live on testnet, with developers deploying the first privacy-focused apps late last year. Cardano expects the mainnet launch later in 2025. The sidechain supports multiple blockchains, including Ethereum, Solana, Avalanche, and XRPL.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



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25 06, 2025

Why Open Loot Might Be Web3 Gaming’s Only Real Shot At Survival

By |2025-06-25T18:28:34+03:00June 25, 2025|News, NFT News|0 Comments


Most Web3 games are dead on arrival. The symptoms are everywhere:

  • Wallets with no users
  • NFT drops with no liquidity
  • Discord’s full of bots
  • “Launches” that never leave alpha

What’s missing isn’t creativity, it’s infrastructure.

Open Loot (OL) might be the only platform in the space that has actually figured out how to make Web3 gaming work at scale. While the rest of the industry clings to hope, OL is quietly delivering what survival really looks like:

  • 70,676 unique purchasers
  • $208.13 million in primary sales
  • $540.09 million in total marketplace volume

In an ecosystem flooded with hypotheticals, OL has become the exception—it works.

The Survival Blueprint: What OL Does Differently

What kills most Web3 games isn’t bad design; it’s the friction. Complex wallets, crypto literacy barriers, cross-chain confusion, and regulatory missteps all eat user adoption before gameplay even begins.

OL’s stack solves this:

  • White-label wallets mean no Metamask, no browser extensions
  • Fiat onramps + KYC make onboarding global and compliant
  • Marketplace + cross-game identity creates a network effect of real players
  • Built-in SDKs let devs ship games, not infrastructure

In other words, OL handles the plumbing so studios can focus on fun. And when games are fun and easy to access, people play. And they buy.

The Ecosystem That’s Already Surviving

These games aren’t waiting around for a bull market—they’re shipping, growing, and transacting now:

  • Worldshards: Cozy MMO with fast-growing playerbase pre-TGE
  • Moonfrost: Beautiful life-sim aimed at the crossover market
  • Desolation: High-stakes, low-trust survival gameplay
  • Shatterpoint: Competitive roguelite tuned for long-term retention
  • Boss Fighters: VR vs PC chaos with Twitch potential
  • Kokodi: Stylized co-op puzzler built on community
  • Big Time: Time-loop dungeon crawler with deep loot systems

Each of these titles has chosen Open Loot, not because it’s trendy, but because it works.

The Stakes Are Real

If Web3 gaming is going to survive, it needs:

  • Real users
  • Real money movement
  • Real gameplay loops that aren’t buried under blockchain noise

Open Loot is the only platform that has proven all three at scale.

Web3 gaming doesn’t need another chain.
It needs infrastructure that actually brings in players.

🧭 Don’t just watch the crash—track the survivors.

📡 Follow Open Loot’s Ecosystem via the OL News Page



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