Crypto

AI could spawn 100,000 crypto meme games in a year

AI is sharply cutting game development costs and timelines, fueling expectations that short-lived crypto “meme games” could flood the market. Illuvium co-founder Kieran Warwick forecast up to 100,000 such games within a year, warning many could be designed to run only for days for creators’ quick profits, leaving other investors with losses. Industry executives also questioned whether user demand can keep pace, even as surveys show growing AI adoption in game design and content production.

Crypto

Ethereum whale sells entire 52,001 ETH holding after $24.5 million profit

A large Ethereum investor sold its entire 52,001 ETH holding and realised about $24.5 million in profit after deploying about $112.4 million to build the position, according to Lookonchain. The final sale involved 9,996 ETH worth about $25 million, following an earlier sale of 42,005 ETH on Sept. 24. Lookonchain also reported another large investor sold bitcoin and used the proceeds to buy ether. Ether traded at $2,507.47, up 0.7 percent in 24 hours, CoinGecko data showed.