Gamma(GAMMA)

Gamma Strategies plans a third-party code review to address the attack before reopening deposits, but compensation for victims is still not confirmed.

GammaSwap developers say it's the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions.

Dealers are stuffed with record negative gamma in BTC. With only a little move in the spot price, "we could witness fireworks," one observer said.

Traders said market makers are holding options with a $1,800 strike price and are likely to influence prices as they try to keep their portfolios direction-neutral.

Tortola, British Virgin Islands, May 24th, 2023, ChainwireCEDEN Network Ltd has acquired Galaxy Rendered Limited for an undisclosed sum, strengthening the foundation of the EDEN Content Creation Ecosystem with a wholly owned subsidiary Web3 development studio and its debut metaverse game title, Rocket Monsters.Galaxy Rendered Limited is an innovator in Web3 gaming, developing the Play to Earn (P2E) PVP game, Rocket Monsters, which currently features two playable alpha levels, and is nearing launch of the full playable beta open world experience.Andrew Woodward, Founder and CEO of Galaxy Rendered Limited, has joined the CEDEN Advisory Board, following the sale of his company to CEDEN. In this capacity, Andrew will continue to advise on the development of Rocket Monsters and the dynamic ecosystem that the Galaxy Rendered team has cultivated over time.Galaxy Rendered development and art teams have also remained with the company following the ownership transition, adding significant experience and depth to the CEDEN team.Galaxy Rendered has crafted a unique digital gaming universe with Rocket Monsters, featuring both PVP and PVE immersive environments. Rocket Monsters is a multi-faceted game in which the bears and other extraterrestrial monsters navigate the vast playable environments using interstellar vehicles, engage in thrilling open-world PVP confrontations with the enemies, and battle for the opportunity to harvest valuable resources. All the in-game characters, weapons, vehicles and resources can be purchased, sold, and transferred as digital assets.CEDEN will refine and continue to deliver the existing roadmap of Rocket Monsters, including consolidating and growing the vast NFT collections that exist in the ecosystem currently, and preparing the Rocket Monsters universe for the beta launch of the open world which will include the introduction of playable NFT vehicles called Star Racers, player owned land and shops, and the vast resource collection system that is the foundation of the ecosystem.“With the successful acquisition of Galaxy Rendered, CEDEN’s vision of being a Network-as-a-Service (NaaS) infrastructure powerhouse, serving a vast and diverse range of content creators, is coming to fruition,” remarked Alex Moody, CEO of CEDEN. “Our team and the advisory board have experts from both Web2 and Web3 gaming, marketing resources, and the tools to empower interactive games like Rocket Monsters. We are excited for what this adds to the CEDEN Network’s content delivery network (CDN), along with offering CEDEN Mint Pass holders preferential access to minting opportunities, airdrops and rewards from games within the ecosystem, including Rocket Monsters.”Andrew Woodward, the CEO of Galaxy Rendered Limited, expressed enthusiasm about the acquisition, emphasizing Rocket Monsters’ ambition to evolve into a Web3 game that transcends traditional blockchain limitations and embraces a multi-chain future for Web3 gaming. He anticipates a seamless, engaging gaming experience, made possible through the use of CEDEN’s Web3 toolkits and peer-to-peer network.Since launching two months ago, CEDEN has announced two additional significant partnerships and investments, including with the up-and-coming Brooklyn-based game development studio, K11 UNLIMITED, and the LA-based game studio, Gammaker Inc.Michael Haller, CEDEN’s Head of Gaming and the Executive Chairman of Gammaker Inc, commented: “The strategic value of these partnerships is invaluable as they leverage CEDEN’s infrastructure toolkit while delivering a steady flow of high-quality content for NFT node operators.”Throughout the month of April, CEDEN successfully minted 3,333 CEDEN Mint Passes, each providing entry into the dynamic CEDEN ecosystem. Looking forward, the third quarter will herald the arrival of Keystone NFT Nodes at CEDEN. This collection, comprising 10,000 NFT Nodes, will lay the groundwork for the CEDEN Network — a decentralized, peer-to-peer (P2P) Content Delivery Network (CDN) — designed to help the gaming industry to transcend the limitations of the past.It’s time to move beyond the machine.About CEDENCEDEN is a Network-as-a-Service (NaaS) open-source infrastructure company empowering content creators in gaming and the metaverse industry. CEDEN is empowering a diverse array of content creators such as gamers, designers, NFT artists, and game publishers. The CEDEN team continues to grow the ecosystem, providing support through gaming distribution channels, monetization opportunities, and expanding their interactive entertainment toolkits, agency and publishing services, and Web3-as-a-Service (W3aaS) products to the broader industry.For more information please visit linktr.ee/ceden_networkContactCMOSook [email protected]

The total value locked (TVL) across DeFi protocol Gamma has jumped by 102% in the past month as investors attempt to secure annual returns in excess of 10% from staking.

Bluzelle, a blockchain for GameFi, has just released Capella, an NFT marketplace tailored to blockchain-based web3 games. Capella is a good choice for players who want a modern UI and more features because it works with IBC. Both non-fungible tokens (NFTs) and fungible tokens (SFTs), becoming more common in web3 games, are supported efficiently. Capella stands out from the competition because of its streamlined trading process and convenient access to NFTs and gaming collectibles within the Cosmos ecosystem. Game assets onCapella are kept secure using Bluzelle's R2, a decentralized storage technology. With this cutting-edge method, programmers can feel confident that their game data is stored securely. Using R2 eliminates the need to transfer NFTs between chains and provides a complete solution for token storage and needs. Cosmos-based NFT marketplaces need help with several difficulties, including their inflexibility in supporting SFTs, which are becoming increasingly common in web3 games. Capella seeks to address this issue by offering a ground-breaking solution that gives gamers and developers a seamless trading experience and simple access to NFTs and gaming collectibles in the Cosmos ecosystem. This reduces gaming assets' effectiveness and ability to be sold again in secondary markets. Elevating the NFT & GameFi Experience on Cosmos with Capella Bluzelle's CEO, Pavel Bains, said that as they developed their game, GAMMA 4, they discovered that the available NFT solutions within Cosmos did not provide what they required for their game. Being extremely familiar with Cosmos technology and knowing game development first-hand, they had the experience to build what developers and gamers needed. Capella offers the right features, truly decentralized storage, and fluidity with other Cosmos chains. Bluzelle aims to be the go-to data layer for Web 3.0 by providing a tamper-proof, decentralized data network with greater privacy, scalability, and availability than traditional solutions. The launch of Capella is a significant step towards achieving this goal and providing a game-changing solution for web3 gaming. The Web3 gaming industry has gained significant momentum over the past few years, launching many new games and platforms. Web3 gaming is built on the principle of decentralization, which means that the games and assets are hosted on a distributed network of computers instead of a central server. This ensures that the games and assets are tamper-proof, transparent, and resistant to censorship. Cosmos ICS-721 update aims to bolster the adoption Last month, Cosmos releasedInterchain NFTs, which were made possible by the ICS-721 update to the IBC protocol. This was the fourth publicly incentivized testnet on the Cosmos Hub. With the implementation of ICS-721, it is now possible to move non-fungible tokens between IBC-compliant networks. Non-fungibility, permissionless token transfers, and error isolation are all maintained. The launch hopes to get more people to use the Cosmos ecosystem and its non-fungible tokens by making them more useful and valuable. Also, the protocol's focus on preserving non-fungibility, allowing permissionless token transfers, containing faults, and keeping records are meant to make it a safe and reliable way to move non-fungible tokens from one network to another. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.