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Fortnite creator backs blockchain racing game from Animoca

Fortnite creator backs blockchain racing game from Animoca

For the upcoming blockchain-based peer-to-peer racing game Torque Drift 2, Epic Gaming has just provided support to the independent games division. Epic Games has provided funding to Australian independent game developer Grease Monkey Games, a division of Animoca Brands, to create the new blockchain-based racing game Torque Drift 2. The Epic MegaGrant will be used […]

US Trustee requests investigation of Celsius transparency issues

US Trustee requests investigation of Celsius transparency issues

The Trustee in charge of Celsius bankruptcy case has asked an examiner to help clarify a number of intricate matters. A third-party examiner should be appointed to “untangle” the financial affairs and business activities of the troubled network, according to the United States Trustee managing Celsius bankruptcy proceedings. The US Trustee has requested an examiner […]

MMORPG halted as crypto investors left; denies misusing funds

MMORPG halted as crypto investors left; denies misusing funds

The developer of the “Pokémon-like” game Untamed Isles, Phat Loop Studios, has cited the collapse of the crypto market as the cause of its investors’ exodus. Phat Loop Studios, the business criticized last week for canceling the crypto and Kickstarter-funded MMORPG game Untamed Isles, denies claims that they misappropriated backers’ funds by investing in cryptocurrencies. […]

Swyftx reduces employees by 21% amid market decline

Swyftx reduces employees by 21% amid market decline

The unlucky layoffs were caused by inflation, a recession, and the bear market, according to Australian cryptocurrency exchange Swyftx. Swyftx, an Australian cryptocurrency exchange, had to fire 21% of its employees in order to cut costs while it navigated the current bear market. 74 coworkers had to be let go, according to a statement from […]

Inventor of Korean “poop-coin” claims that it ended in February

Inventor of Korean "poop-coin" claims that it ended in February

The Korean professor who developed the Beevi idea claimed that there wasn’t enough support for the initiative and that it couldn’t stand alone. A research project that produced toilets that could convert human excrement into electricity, heat, and digital cash has been shut down by the South Korean government. The Science Walden project, which introduced […]