Proof of Play to Shut Down After Blockchain Gaming Thesis Falls Short
Pirate Nation's studio is closing after player counts collapsed despite $33 million in venture backing, open-sourcing its code as the shutdown plays out.
Mara Velasquez covers markets and DeFi for NFT Signals, reporting on price action, liquidity and the listed companies with crypto on their balance sheets. She also tracks exploits and stolen-funds recovery.
98
articles
2026
Pirate Nation's studio is closing after player counts collapsed despite $33 million in venture backing, open-sourcing its code as the shutdown plays out.
A bitcoin wallet tied to the Coldcard exploit now holds roughly $36 million in stolen funds.
Cloudflare began rolling out programmable wallets on Tuesday, part of a plan to let AI agents pay for APIs, data, and online content with stablecoins.
SpaceX posted $7.8 billion in second-quarter revenue, its first earnings report as a public company, topping Wall Street estimates of $6.9 billion.
A former Los Angeles police officer got life plus 15 years in state prison Tuesday for an armed home-invasion robbery that stripped $350,000 in bitcoin from a 17-year-old at a Koreatown high-rise.
Cipher Digital (CIFR) shares fell 15.7% Tuesday after the company reported a second-quarter net loss of $267.5 million.
Circle Internet (CRCL) shares gave back an early pop Wednesday, sliding roughly 3% before the bell.
Bitcoin traded flat near $64,000 while global equities pushed to fresh records.