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Playdead co-founder slammed with lawsuit as bitter row with co-founder escalates
Esports

Playdead co-founder slammed with lawsuit as bitter row with co-founder escalates

by admin June 20, 2025


Playdead co-founder Dino Patti is allegedly being sued by his former studio and business partner.

Patti was threatened with a lawsuit earlier this year after he posted a now-deleted LinkedIn post that shared an “unauthorized” picture of co-founder Arnt Jensen and discussed some of Limbo’s development. Patti said Jensen demanded a little over $73,000 in “suitable compensation and reimbursement,” adding that he had “repeatedly” had such letters over the last nine years.

Patti left Playdead in 2016. In 2017, some of the details behind the acrimonious split between Playdead’s management emerged after a Danish newspaper reported on a rift that had developed between him and creative director Arnt Jensen. Then, earlier this year, Patti claimed Limbo’s credits had been patched and changed, deleting his contribution originally described as “director of development” to “executive producer.”

In an interview with Arkaden, Patti claimed the letter said: “We want to repeat and caution that your continued use of Playdead’s assets and any disclosure and exploitation of inside knowledge about Playdead for commercial purposes is infringing and constitutes breach of confidentiality clauses.

“By providing recipients with core insights to the process of developing Limbo, you are falsely giving the impression that you played a significant role, including a creative role, in the development of the game,” it added, as transcribed by VGC.

Patti hopes the lawsuit will include evidence that exonerates him from Jensen’s claims.

“The cool thing is that journalists like [Arkaden] can request access to everything that happens,” he said. “And I won’t hold anything back – I’ll basically be legally required to release all the images and materials showing what’s gone on.”



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June 20, 2025 0 comments
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GameFi Guides

Bitcoin, Altcoins Plunge as Trump’s Threat to Assassinate Iran Leader Escalates Middle East Tensions

by admin June 17, 2025



Bitcoin was down by nearly 4% over the past 24 hours as President Donald Trump suggested in a social media post that the U.S. might assassinate Iran’s supreme leader, escalating already inflamed tensions in the Middle East.

The largest cryptocurrency by market capitalization was recently trading at about $103,630, its lowest level in five days, according to market data provider CoinGecko, though it has ticked back up above $104,000 as of this writing. BTC started edging down last Thursday as Iran and Israel began exchanging missile attacks.

Ethereum was recently changing hands at about $2,470, down nearly 6.5% over the past 24 hours. Smart contract platforms Solana and Cardano were both off about 7%, while the leading meme coin Dogecoin had dropped 6.7%.

Editor’s note: This story will be updated with additional details.

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June 17, 2025 0 comments
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Dow drops 115 points as S&P 500’s six-day rally ends
GameFi Guides

Dow Jones lower by 1.79%,markets rattled as Israel-Iran conflict escalates

by admin June 13, 2025



U.S. stocks fell sharply Friday as escalating military conflict between Israel and Iran sent oil prices soaring and investors retreating from risk assets. 

The Dow Jones Industrial Average closed down 1.79%, while the S&P 500 closed down 1.13% and the Nasdaq lost 1.30%. 

Israel launched strikes on Iran’s nuclear and missile facilities late Thursday evening, prompting retaliatory missile launches from Iran during the final hours of Friday’s U.S. trading session.

Oil and defense stocks climbed. Brent crude jumped more than 7%, briefly surging 14% during Asia trading hours, while WTI crude approached $74 a barrel. 

ExxonMobil rose around 2%, and defense firms Lockheed Martin and RTX gained about 3% each. Gold rose 1.4% to $3,432 an ounce, nearing its April record.

The sell-off ended what was shaping up to be a positive week for equities. 

Global markets followed suit. European and Asian equities posted losses of more than 1%. U.S. Treasury yields rose, with the 10-year note climbing 7.9 basis points to 4.436%, reversing earlier declines on safe-haven demand. The dollar also rebounded, gaining 0.5%.

President Trump urged Iran to return to nuclear talks and warned of further consequences, citing a missed 60-day deadline. Meanwhile, Iran canceled planned negotiations with the U.S.

Economically, the University of Michigan’s consumer sentiment index rose sharply to 60.5 in June, topping forecasts and suggesting resilient consumer outlooks despite geopolitical uncertainty.

Investors now face renewed inflation risks from rising oil prices and uncertainty around future Federal Reserve actions.



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June 13, 2025 0 comments
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Crypto Trends

Bitcoin (BTC) Stays Firm as Trump-Musk Feud Escalates Over 2025 Budget Politics

by admin June 7, 2025



Bitcoin

held firm above $105,000 on Saturday despite an unusually combative and personal escalation in the Trump-Musk feud that could rattle traditional markets next week.

On Saturday, in a phone interview with NBC News, President Trump warned that there would be “serious consequences” if Elon Musk financially backed Democratic candidates running against Republicans who support the GOP’s budget bill. “If he does, he’ll have to pay the consequences for that,” Trump said, adding later, “He’ll have to pay very serious consequences if he does that.”

Trump, who has often boasted of past support from Musk, firmly dismissed the idea of mending ties. “No,” he said when asked whether he wished to repair the relationship. “I would assume so, yeah,” he added when asked if the rift was permanent.

Despite the intensifying feud between two of the most influential figures in U.S. politics and technology, Bitcoin remained unfazed. The cryptocurrency held onto earlier gains and continues to trade near weekly highs. The market’s composure suggests that traders may increasingly view BTC as a hedge against institutional dysfunction, or at least as an asset insulated from the partisan fallout that tends to impact equities more directly.

Technical Analysis Highlights

  • BTC traded in a 24-hour range of $1,162 (1.13%), from a low of $104,624 to a high of $105,786, according to CoinDesk Research’s technical analysis model.
  • Strong support formed at $104,800, where above-average volume confirmed buyer interest.
  • Resistance at $105,200 was broken and has since flipped into a short-term support zone.
  • Volume peaked at 378 BTC during key breakout moments, especially around 13:43–13:46 and 13:53.
  • A short consolidation occurred between $104,300–$104,600 before the final surge to near highs.
  • An ascending price channel remains intact, showing bullish structure despite intermittent pullbacks.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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June 7, 2025 0 comments
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