Aurory completed a new round of funding on 2021-09-30.

In the Web3 gaming sector, the value of tokens continues to fall. Many projects that previously attracted large investments are now trading at a value far from initial estimates. The market capitalization of some gaming assets has fallen to almost 0, although they used to be supported by large funds and venture capitalists. This does not indicate a temporary correction, but a complete revaluation of the sector. According to Tokenomist, the situation is particularly dire for a number of popular projects. Thus, the coin GUNZ raised $82 million, but its current market capitalization is only $36.2 million. MYTH has seen a dip from $281 million to $115.3 million. The project SIPHER has dropped from $44 million to $5.2 million. AVG is worth only $800 thousand compared to the $27.2 million raised. AURY has depreciated from $108.8 million to $8.4 million. Losses range from 70% to 97% of the initial valuation.

The mainstream opinion says that crypto will change gaming forever, and GameFi will bring a billion users to Web3. But the reality is harsher; still, there is no genuinely mainstream Web3 game where users come to play, not to make money, and stay for a while. Let’s break down why this is the

How Kasclean Works on the Kaspa Network Kasclean is a tool designed to help users manage and revoke approvals on the Kasplex layer 2 network. It allows users to take back control of their wallets by Kascleaning permissions granted to decentralised applications.

WHALE WATCH: A TRADER OPENED ANOTHER $ETH SHORT POSITION OF 21,050 $ETH ($99.6M), RESULTING IN A $416K LOSS. OVER THE PAST 20 HOURS, THIS TRADER EXECUTED 7 TRADES (BOTH LONG AND SHORT), ALL ENDING IN LOSSES, WITH A 0% WIN RATE AND A TOTAL LOSS OF $1.95M.

The Ethereum market has shown strong performance recently, but there are signs of a pullback today. The current price has dropped to $4731, providing potential get on board opportunities for short-term investors. For short-term trades targeting $4800, this might be a favorable timing. However, for large capital investors, the current time may not be the best to get on board. Ethereum has recently surged rapidly and is likely to experience a significant pullback before breaking the $5000 barrier. According to market analysis, the pullback could reach below $4500. For investors pursuing a conservative strategy, it is recommended to consider establishing a small bottom position and gradually increasing the position after the pullback. It is worth noting that the cryptocurrency market is highly volatile, and investors should act cautiously and manage risks well. In addition to paying attention to Ethereum, investors can also closely monitor the trends of other potential coins, such as GTC and SKL. In the entire cryptocurrency market, Bitcoin has reached a new high, attracting attention, and Ethereum is also expected to create new historical highs in the near future. The trend of mainstream coins rotating upwards is still evident, and investors need to remain vigilant to seize market opportunities in a timely manner.