gam

According to SoSoValue data, the expectation of a ceasefire between the US and Iran has boosted market confidence, leading to a general rebound in the cryptocurrency market, with the GameFi sector performing exceptionally well, rising 5.38% in 24 hours. Among them, Enjin Coin (ENJ) surged by 50.96%, and ImmutableX (IMX) increased by 9.13%. Meanwhile, Bitcoin (BTC) rose by 0.07%, fluctuating narrowly around $74,000; Ethereum (ETH) increased by 0.73%, maintaining above $2,300.In other sectors, the Layer2 sector rose by 3.39% in 24 hours, with Starknet (STRK) up 8.36%; the PayFi sector increased by 2.31%, with XRP (XRP) up 2.87%; the Meme sector rose by 2.08%, with SPX6900 (SPX) up 6.63%; the AI sector increased by 1.75%, with Siren (SIREN) up 18.99%; the DeFi sector rose by 1.35%, with EdgeX (EDGE) up 13.05%; the Layer1 sector increased by 0.88%, with Algorand (ALGO) up 3.59%; the CeFi sector rose by 0.66%, with Gate (GT) up 2.60%.The cryptocurrency sector indices reflecting historical market trends show that the ssiGameFi, ssiLayer2, and ssiPayFi indices rose by 3.13%, 2.86%, and 2.44%, respectively.

The blockchain gaming infrastructure Lattice announced that it will gradually shut down its operations after five years, with its Layer 2 network Redstone ceasing operations on May 16, 2026, at 07:59.Lattice reminds users to withdraw their funds before this deadline, especially assets in contracts such as the Uniswap pool. After the shutdown, only L1 withdrawal contracts will be deployed for external account balance withdrawals, and the funds in the contracts will be irretrievable.It is reported that Lattice was founded in 2021 and developed tools such as the MUD framework, Redstone chain, Quarry, and Dozer, but failed to achieve a sustainable business model. The team will use the remaining funds for the final project DUST autonomous world, but the scale has not reached a level to support the business, and they do not believe that VC financing is the right path.

According to SoSoValue data, the overall cryptocurrency market is experiencing a turbulent and differentiated adjustment, with most sectors declining. The GameFi sector has dropped 5.02% in the last 24 hours, with The Sandbox (SAND) and Axie Infinity (AXS) falling 2.41% and 1.94% respectively. Only the CeFi and Meme sectors are relatively strong, rising 0.40% and 0.23% respectively. Within the CeFi sector, Gate (GT) increased by 2.52%, and Binance Coin (BNB) rose by 0.66%. In the Meme sector, Binance Life continues to surge, rising by 66.27%.Additionally, Bitcoin (BTC) increased by 0.40%, surpassing $74,000, and at one point broke through $76,000; Ethereum (ETH) retraced by 1.28%, breaking through the $2,400 mark during trading.In other sectors, the PayFi sector fell by 0.30%, while SafePal (SFP) rose by 1.60%; the Layer1 sector decreased by 0.53%, but TRON (TRX) increased by 0.96%; the DeFi sector dropped by 0.68%, while the newly launched Genius (GENIUS) rose by 24.72%; the Layer2 sector fell by 1.90%, with Mantle (MNT) declining by 3.45%.The cryptocurrency sector indices reflecting historical market trends show that the ssiAI, ssiSocialFi, and ssiDePIN indices fell by 4.02%, 2.99%, and 2.30% respectively.

Liquid Capital founder Jack Yi tweeted, "As Iran is willing to give up uranium enrichment as a compromise to end the war, the war is progressing towards a complete end as expected, hoping that world peace is not just an empty slogan. At the same time, the structural bill will eventually pass, and I remain optimistic about this rebound market, unless the guns start firing again.Recently, I've seen many people get liquidated in altcoin contracts. Altcoins themselves are high-risk, and adding contracts makes it a guaranteed losing game, especially when your opponent controls the chips, capital, and technology. Buffett is right; slowly getting rich is the best way. No matter how skilled you are, winning five times in a row and losing everything on the sixth is not a normal business model."

The audit report of NXC, the parent company of South Korean gaming giant Nexon, shows that by the end of 2025, the scale of cryptocurrency assets held by NXC is 147.6 billion won, including 2,356 bitcoins and 22,400 ethers, a decrease of 15.2% from the previous year's 174 billion won. NXC has sold its shares in Bitstamp and excluded it from its subsidiaries.In addition, NXC decided to dispose of all its shares in Korbit through a board resolution in February this year. Meanwhile, NXC, through its subsidiary NXMH, acquired shares in the European industrial solutions company CLI Group in February this year to promote business diversification.

According to SoSoValue data, negotiations between Israel and Lebanon to boost the ceasefire plan have improved market sentiment, leading to a general rebound in the cryptocurrency sector, with the SocialFi sector performing notably, rising 3.01% in 24 hours. Within this sector, Toncoin (TON) and Chiliz (CHZ) rose by 2.95% and 4.15%, respectively. Bitcoin (BTC) increased by 2.01%, breaking through $72,000, while Ethereum (ETH) rose by 0.91%, approaching the $2,200 mark.Meanwhile, MAG7.ssi rose by 1.27%, DEFI.ssi rose by 1.86%, and MEME.ssi rose by 1.63%.In other sectors, the DeFi sector rose by 2.77% in 24 hours, with Hyperliquid (HYPE) increasing by 4.96%; the Layer2 sector rose by 2.47%, with Arbitrum (ARB) increasing by 9.32%; the Layer1 sector rose by 1.90%, with Zcash (ZEC) increasing by 16.78%; the PayFi sector rose by 1.54%, with Dash (DASH) increasing by 17.20%; the CeFi sector rose by 0.63%, with Bitget Token (BGB) increasing by 2.70%.Additionally, the AI and GameFi sectors fell by 0.17% and 0.67%, respectively, with Bittensor (TAO) in the AI sector dropping by 9.86%; in the GameFi sector, ImmutableX (IMX) remained relatively strong, rising by 5.41%.The cryptocurrency sector indices reflecting historical performance show that ssiDeFi, sssiRWA, and siDePIN rose by 3.61%, 3.49%, and 3.12%, respectively.

According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice jointly filed a motion in federal court on Tuesday evening, seeking to block Arizona from enforcing state gambling laws against the prediction market operator Kalshi. The two departments argue that the contracts offered by Kalshi, which are linked to real-world events such as sports events and elections, essentially fall under financial derivatives (swaps) and should be governed by the Commodity Exchange Act and federal regulatory framework, rather than state gambling regulations.Arizona had previously filed criminal charges against Kalshi, with a court date set for April 13. Currently, there are conflicting rulings from courts across the country—while the Third Circuit Court of Appeals in New Jersey has leaned towards supporting the federal regulatory stance, other regional courts have taken an open attitude towards the state’s claims.

Binance founder Zhao Changpeng (CZ) recalled in his new book that in July 2013, he first heard about Bitcoin during a poker game with investors and entrepreneurs. At that time, Cao Darong, the general manager of Kuangshi China, casually mentioned, "There's a new thing called Bitcoin that you can take a look at," and then Li Qiyuan, the CEO of Bitcoin China, further suggested that he allocate 10% of his assets to Bitcoin, which was priced at $70 at the time.CZ revealed that during his time selling trading systems, he gradually developed a liking for playing Texas Hold'em, golf, and going to KTV.

Shanghai officially issued the "Several Measures to Support the Development of the Game and E-sports Industry in Shanghai" (referred to as "Game Shanghai Ten Measures"), which points out that it will support game and e-sports companies in the research and application of technologies such as AI large models, blockchain, big data, the Internet of Things, cloud computing, as well as terminal devices and game development engines, 3D modeling software, and other basic game development tools.Actively promote the application of blockchain technology in areas such as copyright registration, rights protection, transactions, and settlement, and encourage game companies to establish partnerships with electronic device manufacturers to explore more possibilities for multi-terminal development of games.

According to SoSoValue data, the cryptocurrency market sector is generally down, with the RWA sector dropping 1.71% in 24 hours. Within the sector, Ondo Finance (ONDO) fell 3.42%, and Keeta (KTA) dropped 7.24%. The Layer1 sector decreased by 1.66%, with Solana (SOL) down 4.3% and Canton Network (CC) down 3.96%. Additionally, Bitcoin (BTC) fell 0.75%, dropping below $68,000. However, Ethereum (ETH) rose 0.15%, maintaining above $2,000.In other sectors, the GameFi sector remained relatively strong, rising 0.71% in 24 hours, with Gomining Token (GMT) up 4.61%; the Meme sector fell 0.51%, but MemeCore (M) surged 5.79% during the session; the Layer2 sector decreased by 0.63%, with ImmutableX (IMX) down 4.25%; the DeFi sector dropped 0.7%, with Ethena (ENA) down 4.78%; the PayFi sector fell 0.72%, while Telcoin (TEL) rose 7.5% against the trend; the CeFi sector decreased by 1.65%, with Binance Coin (BNB) down 2.58%.The cryptocurrency sector indices reflecting historical market trends show that the ssiAI and ssiSocialFi indices rose by 0.82% and 0.08%, respectively, while the ssiCeFi index fell by 1.77%.

According to Greekwire, Washington State Attorney General Nick Brown has filed a civil lawsuit against the prediction market platform Kalshi, accusing it of violating state betting and consumer protection laws by offering betting services on events such as sports, elections, and wars. The lawsuit has been submitted to the King County Superior Court, seeking to prohibit Kalshi from operating locally, recover lost funds for residents, and impose civil fines. Kalshi's advertisements have suggested that users could bypass local laws to participate in NFL betting, indicating that they "knowingly violated the law."However, Kalshi responded by stating that it is a compliant trading platform regulated by federal authorities, denying the provision of war-related markets, and expressing confidence in winning the case legally. This is reportedly another regulatory action the company is facing recently, as it is currently involved in over 20 civil lawsuits. Previously, prosecutors in Arizona had filed criminal charges against it, which is considered the first criminal case against a prediction market.

GameStop disclosed that the approximately 4,710 BTC previously transferred to Coinbase Prime was not sold but used as collateral in a covered call strategy to generate option premium income.The company sold short-term call options over-the-counter (OTC), with strike prices ranging from $105,000 to $110,000, generating income while retaining exposure to Bitcoin, but this also limited the upside potential. As a result of this structure, GameStop no longer directly holds Bitcoin assets but records them as "receivable assets," which means the right to recover an equivalent amount of BTC from the counterparty in the future. Since the collateral can be rehypothecated or reused, its position has transformed into a derivative exposure with counterparty risk.The financial report shows that as of the end of the fiscal year, the value of receivable assets related to this strategy was approximately $368.3 million, while an unrealized loss of about $59.7 million was recorded (due to the decline in Bitcoin prices). Additionally, the company confirmed approximately $700,000 in option liabilities and $2.3 million in unrealized gains.

The AI game creation platform Verse8 has completed a $5 million seed round of financing, with participation from Story Foundation, NEXPACE (Nexon's Web3 division), Neowiz, MARBLEX (Netmarble's Web3 division), Solarium Labs, and NEXUS.The new funds will be used to advance Verse8's core AI system, expand the onboarding and incentive programs for creators, and enhance its publishing and distribution infrastructure. Verse8 was co-founded by JC Kim and Kevin Lee, allowing creators to generate fully playable multiplayer games within minutes using natural language prompts, without the need to write code, install engines, or assemble large production teams.

According to SoSoValue data, the overall trend of the cryptocurrency market is a moderate upward trend, with the Meme sector performing outstandingly, rising 5.09% in 24 hours. Among them, MemeCore (M) increased by 37.67%, and Siren (SIREN) surged again by 27.16%. At the same time, Bitcoin (BTC) rose by 0.63%, breaking through $71,000; Ethereum (ETH) rose by 0.14%, maintaining above $2,100.In other sectors, the AI sector rose 4.58% in 24 hours, with Bittensor (TAO) increasing by 5.05%; the RWA sector rose by 4.03%, with Ondo Finance (ONDO) increasing by 5.83%; the Layer2 sector rose by 1.43%, with Mantle (MNT) increasing by 3.57%; the Layer1 sector rose by 1.22%, with Kaspa (KAS) increasing by 6.47%; the CeFi sector rose by 0.90%, with NEXO (NEXO) increasing by 1.44%; the DeFi sector rose by 0.58%, with Ethena (ENA) increasing by 14.00%.In addition, the GameFi sector fell by 0.14%, within which Audiera (BEAT) remained relatively strong, rising by 9.21%; the PayFi sector fell by 0.60%, but Trust Wallet (TWT) rose by 1.81%.The cryptocurrency sector indices reflecting historical market trends show that the ssiRWA, ssiMeme, and ssiNFT indices rose by 4.75%, 4.60%, and 3.00%, respectively.

According to monitoring by BitcoinTreasuries.NET, GameStop has pledged 4709 of its 4710 bitcoins as collateral, staked to Coinbase for a covered call option strategy.

Analyst Emmett Gallic posted on the X platform that GameStop spent $500 million in 2025 to acquire 4,710 BTC. In January of this year, GameStop pledged 4,709 BTC to Coinbase Credit as collateral for a covered call option, terminating the recognition of that portion of BTC and accounting for $368.3 million in accounts receivable, resulting in a net loss of $131.6 million. Since the pledge, the price of Bitcoin has dropped by approximately 25%.

According to official news, GameStop announced its financial performance for the fourth quarter and the full year ending January 31, 2026. Fourth quarter net sales were $1.104 billion, compared to $1.283 billion in the same period last year; net profit was $127.9 million, compared to $131.3 million in the same period last year. As of the end of the fourth quarter, cash, cash equivalents, and marketable securities totaled $9 billion, with Bitcoin and related receivables valued at $368.4 million.In addition, the company's full year net sales were $3.63 billion, compared to $3.823 billion in the same period last year; net profit was $418.4 million, compared to $131.3 million in the same period last year.