The world of crypto and NFT gaming is currently abuzz with activity, highlighted by the launch of significant games, numerous token airdrops, and a continuous flow of developments. It’s quite a hectic time!
Fortunately, Decrypt’s GG has you covered on all fronts. If you’re looking for a speedy update on recent events in the crypto gaming sector, we’re excited to introduce This Week in Crypto Games.
Our weekend summary highlights the most crucial news from the week and includes some additional insights you may have missed. We also feature some of our exclusive stories from the past week.
Major Updates
SEC Closure of Immutable Investigation: The U.S. Securities and Exchange Commission (SEC) has ended its investigation into the Ethereum gaming platform Immutable with no actions against the company, as they announced in a blog update.
In October 2024, the Commission had issued a Wells Notice to Immutable for alleged violations of securities laws concerning its IMX token. The SEC questioned claims about the token’s backing linked to a pre-launch investment from Huobi Ventures.
Recent Highlights
Off the Grid Mainnet Launch: The well-received shooter Off the Grid has been operating on the GUNZ testnet, specifically created on an Avalanche L1 chain. It has been confirmed that GUNZ will migrate to its mainnet on March 31, with the GUN token debuting simultaneously.
Launch of Forgotten Runiverse: The Ronin RPG Forgotten Runiverse was released in early access on Wednesday, allowing players to learn spells and gather rewards in a fantasy realm inspired by the Ethereum NFT collection, Forgotten Runes Wizard’s Cult.
GameStop Embraces Bitcoin: The former video game retailer and meme stock sensation GameStop revised its investment policy to include “certain cryptocurrencies, including Bitcoin” as acceptable assets. Following this, a post on X declared that Bitcoin can now be utilized as a “Treasury Reserve Asset.”
