Bitcoin is retesting the 57k region, while Ethereum is trading around 4300 dollars. Though the Fear & Greed Index is showing Fear in the crypto market. 

Here is your Top Crypto News for the day.

1) Gala’s Billion Dollar Gaming Fund

Gala Games announces a $1 billion dollar gaming fund. The fund aims to encourage game development in Korea. 

Gala Games is a blockchain-powered NFT games platform. It empowers players to take ownership of NFTs used in the gaming sector. The platform is one of the earliest movers since its launch in 2020.

Source: Gala Games Blog

Gala’s native token is $GALA. $GALA has a maximum supply of 50 billion out of which 7.5 billion is circulating. Currently, $GALA is trading near 68 cents, around 17% down from its all-time high of 82 cents.


2) Pancake Swap Burns 6 million $CAKE

Pancake Swap, the leading AMM on the Binance Smart Chain, has completed a $CAKE burning. Almost 6.2 million $CAKE, amounting to 88 million dollars, is no longer part of the supply. 

This includes the recent 383,000 $CAKE buyback also. 

Pancake Swap has a Market Cap of 3.5 billion dollars and a Trading Volume of  225 million dollars. Although there is no limit to maximum supply, the current Supply is 244 million. $CAKE token is available on most of the major exchanges. And it’s trading at 14 dollars at the time of writing.


3) Altered State Machine NFT Drop

Altered State Machine announces the all-stars NFT drop. The drop includes 40,000 All-Stars and 10,000 Genesis Brains NFTs. 

There are 4 All-Star NFT families. They are Originals, Super Heroine, Zombie, and Asmilated. And you can customize most of the All-Star NFTs. All-Stars are also the first Smart NFTs in the world. 


4) Binance Integrates MOMOverse

The multiverse concept of MOBOX, known as MOMOverse is integrating into the Binance ecosystem.

To celebrate this partnership, MOBOX is also giving away some cool NFTs.  You can take part in the giveaway here.


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