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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

Cardano DeFi funds surge as Hoskinson teases $1 million event

Charles Hoskinson (찰스 호스킨슨) said he would hold a special event if deposits of RealF’s dollar-pegged stablecoin sUSDrf exceed $1 million. Interest has grown as funds have flowed quickly into a liquidity vault linked to Cardano-based DeFi service Strike Finance. Strike said its platform liquidity vaults exceeded $1 million and that $200,000 flowed into sUSDrf over the past 72 hours, while Cardano’s TVL stood at $62.77 million, down 0.21 percent in 24 hours.

Crypto

Near Protocol eyes $5 as swaps surge to $130.7 million

Near Protocol\'s cross-chain swap protocol Near Intents recorded $130.7 million in 24-hour trading volume. Over the past 30 days, trading volume totalled $4.59 billion, and cumulative volume since launch exceeded $35 billion. The NEAR token traded in a $4.97 to $5.10 range, recovering from a recent dip to $4.62. Growth was led by demand for protected trades, while institutional flows and security upgrades also continued.