Tag:

Lead

Ubisoft and Tencent form new subsidiary, Vantage Studios, to lead development for the Assassin’s Creed, Far Cry, Rainbow Six franchises
Game Updates

Ubisoft and Tencent form new subsidiary, Vantage Studios, to lead development for the Assassin’s Creed, Far Cry, Rainbow Six franchises

by admin


The breakout game development business co-owned by Tencent and Ubisoft finally has a name: Vantage Studios. Eurogamer understands from a source that it’s starting operations today, and will be responsible for new games across many of Ubisoft’s biggest IPs, such as Far Cry, Rainbow Six Siege, and Assassin’s Creed.

Vantage Studios is composed of 2,300 employees across multiple Ubisoft game development teams, including those from Montreal Quebec, Sherbrooke, Saguenay, Sofia, and Barcelona. The studio will be run by the duo of Christophe Derennes and Charlie Guillemot.

Vantage Studios operate under a less centralised model compared to Ubisoft proper, with each development team having more ownership over its own respective project. This in theory would allow developers to be more fluid, and pivot according to industry changes and player expectations, per Eurogamer sources.

Check out Eurogamer’s video review of Assassin’s Creed Shadows here.Watch on YouTube

The formation of Vantage Studios comes as the climax of a tumultuous period for Ubisoft, which reportedly was considering this new venture with Tencent in January of this year following years of lacking performance. This new venture, which would bring many of Ubisoft’s biggest IPs under a new roof, was officially announced in March with Tencent taking a €1.16bn stake in the new business entity.

As for Tencent’s involvement, the Chinese company will have a 25 percent stake in Vantage Studios, and will act in an advisory role to the subsidiary’s leadership team. However, Guillemot and Derennes will retain control over both creative and business decisions. Ubisoft hopes this will allow its teams to have a better degree of creative freedom, per a source familiar with the subject.

How other studios, most notably Massive Entertainment, will operate going forward currently remains unlear. Eurogamer understands the publisher wants its devs to operate in a more decentralised way, with developers taking more ownership of the titles they’re working on – the company employs approximately 20,000 staff at the time of writing (per its site), and how the other ~17,000 staff will fit into this new vision remains to be seen.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
NFT Gaming

Litecoin, Stellar Lead Altcoin Rally Following Bitcoin ‘Uptober’ Bounce

by admin



In brief

  • Litecoin surged 10% to $118, while Stellar gained 9% to $0.40.
  • Short liquidations topped $480 million in 24 hours, as sentiment flips sentiment from fear to greed.
  • Traders are rotating into older coins with Bitcoin rising more than 8% since September 28.

The “Uptober” effect is in full swing. 

Kicking off what has historically been Bitcoin’s strongest month, the original crypto has sparked a broad market rally, with capital rotating into older altcoins. 

The forceful move has caught many traders off guard, triggering a massive wave of short liquidations and flipping overall market sentiment from fear to greed in a matter of days.



Litecoin has taken the lead among the top cryptocurrencies, surging 10% over the last 24 hours to trade at $118.

Litecoin’s outsized gains come amid hopes of a spot ETF approval, with the Canary Litecoin ETF facing its final Securities and Exchange Commission decision deadline on October 2. 

While a U.S. government shutdown continues to weigh on investors’ minds, particularly as delays at the regulator have been put on hold, some are optimistic the issue will be resolved swiftly.

Stellar has followed closely with a 9% gain, reaching $0.40.

“Macroeconomic factors such as the U.S. government shutdown concerns and a drop in private sector employment are pushing investors toward safe-haven assets like Bitcoin and Gold.” Balaji Srihari, Vice President at CoinSwitch, told Decrypt.

As a result, capital is rotating into “dino coins,” Srihari said, referring to the 2017-launched Layer 1 tokens. 

That surge has led to short liquidations exceeding $480 million in a 24-hour period, according to CoinGlass data. Compared to just $110 million in long liquidations, the disproportionate culling of bears hints at the magnitude of outsized buying pressure.

As a result, the Crypto Fear and Greed Index has shot up from fear to greed in less than a week, edging 15 points by some measures.

The seasonal uplift is what investors have dubbed “Uptober,” a trend in which Bitcoin and the broader market have historically triggered an uptrend after a typically bearish September.

“‘Uptober’ refers to October’s historical trend as Bitcoin’s strongest month,” explained Srihari. “Seasonality typically favors quarter four, and unlike the usual September weakness, this year Bitcoin ended September in the green, setting a higher base for October gains.” 

The world’s largest crypto is up more than 3.5% over the last 24 hours and a further 8% since September 28 after rallying from $109,000 to $118,600 in quick succession.

If Bitcoin continues on this path, “we could see it hitting $140,000 soon,” he said, which could catalyze capital rotation into altcoins, sustaining the market breadth and serving as a tailwind to the ongoing rally.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Market Rallies, Altcoins Lead Gains; Zcash Hits 16-Month High
NFT Gaming

Market Rallies, Altcoins Lead Gains; Zcash Hits 16-Month High

by admin



The crypto market experienced a boost on Wednesday with majors bitcoin BTC$116,592.90 and ether ETH$4,005.03 rising 2.9% and 3.1% respectively.

But the real story was in the altcoin market as several tokens rose by double-digits as investors speculate on another phase of “atlcoin season.”

ZEC hit its highest point since May 2022 while a number of DeFi tokens also experienced moves to the upside.

The market uptick comes alongside a backdrop of the U.S. government shutdown, which has spurred gold prices to record highs and caused a sell-off in the dollar.

Derivatives Positioning

by Jacob Joseph

  • The BTC futures market continues to show a strengthening bullish bias. The overall futures open interest remains high at around $31.69 billion, reflecting sustained trader engagement, with Binance still leading the pack at $13.19 billion. Concurrently, the 3-month annualized basis is holding firm between 6% and 7%, indicating that the yield from the basis trade remains robust. This consistent metric across both open interest and basis suggests that traders are not only increasing their exposure but are doing so with conviction, reinforcing the positive sentiment observed in the market.
  • The BTC options market continues to show a divergence between its key metrics, presenting a complex picture of market sentiment. While the 25 Delta Skew for short-term options remains low, suggesting that traders are still willing to pay a premium for puts to hedge against downside risk, the 24-hour Put/Call Volume points to a surge in bullish speculation. The latest data shows that calls now make up 63.54% of the total volume, a strong reversal from a put-dominated market. This conflicting data indicates a highly polarized environment where some traders are hedging against potential price drops, while a larger number are actively betting on a short-term rally.
  • Funding rates have not only remained positive on major exchanges like Binance and OKX, but have picked up across the board, including on the historically volatile Hyperliquid. Deribit, in particular, is seeing a significant premium, with its annualized funding rate jumping to 17%. This indicates a strong and sustained demand for leveraged long positions, as traders are consistently willing to pay a high premium to hold their bullish bets. The widespread positive funding across all major platforms signals a collective market conviction in a continued upward trend for BTC.
  • Coinglass data shows $644 million in 24 hour liquidations, with a 38-62 split between longs and shorts. BTC ($166 million), ETH ($164 million) and Others ($69 million) were the leaders in terms of notional liquidations. Binance liquidation heatmap indicates $116,650 as a core liquidation level to monitor, in case of a price rise.

Token Talk

By Oliver Knight

  • Privacy token ZEC$59.70 is leading the pack on Wednesday, rising to its highest point since May 2022 following a break out against its bitcoin and dollar trading pairs.
  • ZEC touched $97.25 before retreating back to around $92.00 – a 41% rise for the day on the back of a 36% rise in daily trading volume to $300 million.
  • The surge comes alongside a boost across the wider altcoin market, with DeFi tokens ENA$0.5838, curve (CRV) and RAY$2.6577 all increasing by more than 8%.
  • A number of catalysts triggered the crypto recovery; notably the U.S. government shutdown that brought the dollar lower and gold to fresh record highs at $3,887.
  • Altcoins have outperformed bitcoin so far on Wednesday, although it’s worth noting that the average crypto relative strength index (RSI) is approaching overbought territory, suggesting that a period of consolidation is on the cards as the market begins to cool.
  • One market outlier was aster, the native token of its namesake’s BNB Chain-based perpetual exchange. ASTER slumped by 6.8% on Wednesday to compound a 25% decline over the past week as hype in the HyperLiquid rival begins to fade.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Sleep Awake, a visually inviting horror game from the lead dev behind Spec Ops: The Line, has a demo out now
Game Updates

Sleep Awake, a visually inviting horror game from the lead dev behind Spec Ops: The Line, has a demo out now

by admin



It’s been a while since we’ve had a new game from Spec Ops: The Line director Cory Davis. As far as I can tell, the last game he made was 2016’s Here They Lie, a survival horror game. He’s currently working on another horror game in fact, Sleep Awake, which is a horrendous name, though I think it’s doing some interesting things. Weirdly, he’s making the game alongside Nine Inch Nails guitarist (for live shows, anyway) Robin Finck, and while the game doesn’t have a release date, it did just receive a demo.


Lemme tell ya, if there’s one thing you can take away from Sleep Awake it’s that PS3 games are back! Let me define what I mean here so I don’t just sound like I’m trying to press some buzz words for the fun of it. I think a key thing about the PS3 era of games is that there was so much more scope for much more intimately designed, linear spaces, with much more room for detail compared to the PS2, but not quite enough resources to design something completely lifelike.

Watch on YouTube


In a lot of ways, these intricately designed games often just had facades up, they looked bigger and more impressive than they actually were. The upside is that it also often made for interesting art direction, and a better established sense of space. So many big budget games now do look life-like, but the tradeoff is that all of this detail gets lost through the sheer quantity of it.


Sleep Awake’s demo was only short, and very much felt like one long corridor, but it was an interesting to look at corridor. Your classic case of random bits of graffiti and wall carvings to denote story, interacting with random objects that does nothing but let you look at them close-up, data logs with bits of flavour text to build up the lore, it’s all there.


Speaking of lore, or story I suppose, this game is set in a world where there’s some kind of weird illness thingy that whisks people away if they fall asleep, so the protagonist is doing what they can to stay awake at all times, which occasionally leads to some hallucinations.


To be perfectly honest, the narrative didn’t feel all that compelling. As mentioned, the demo was short, and did quite a bad job of bringing me into this world, it felt too jarring and disconnected. There also just wasn’t really anything to actually do apart from walk around, look at some bits, and one very short section at the end where I had to hide from an enemy. I’d be remiss to not mention the fact that the writing was stilted and awkward, and the main character’s performance matched that feeling a little too well unfortunately.


Still, the atmosphere and visuals pulled me in all the same. There’s parts that are intercut with live action footage which, to its credit, actually unnerved me. A real arthouse, ’70s vibe about it I feel I could really get down with. It is certainly going for a unique look, and I felt charmed by its 2009 throwback vibes, even if I’m uncertain of whether it’ll be any good or not.


Still, it’s a curious thing to have a game from someone that designed one of the most discussed games of the 2010s, and someone that plays guitar for Nine Inch Nails sometimes. Worth a punt! You can try it out on Steam.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Mutuum Finance solidifies position as lead DeFi contender
GameFi Guides

Mutuum Finance solidifies position as lead DeFi contender

by admin



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Mutuum Finance is standing out in 2025 with a structured presale, strong transparency, and a clear path to functional DeFi utility.

Summary

  • The presale has raised $16.55 million across six phases, rewarding early backers with up to 600% potential token appreciation.
  • Mutuum Finance combines CertiK audit validation, a bug bounty program, and real-time dashboards to build trust and engagement.
  • The protocol will launch with functional lending markets and plans for a stablecoin and Layer-2 integration, providing immediate utility to investors.

In a year when most presales have struggled to prove their relevance, Mutuum Finance (MUTM) is emerging as a rare exception. Designed as a DeFi protocol with a clear roadmap and tangible delivery milestones, it is positioning itself as one of 2025’s strongest contenders under $0.05. Rather than leaning on hype, the project is building momentum through structure, transparency, and early credibility, signs that suggest its upcoming launch could carry far more weight than the typical token debut.

A presale built on structured growth

Mutuum Finance launched its presale in early 2025 at $0.01 per token in Phase 1. Since then, it has completed five phases, reaching $0.035 in Phase 6, a 250% increase for early backers. Each stage is built on a simple but effective growth model: the token price climbs by about 20% per phase. This structure generates urgency for newcomers while rewarding those who act early, ensuring steady momentum throughout the fundraising process.

Phase 6 is already more than halfway complete, with Phase 7 set to raise the token price to $0.04. According to the roadmap, the final launch price is fixed at $0.06. This creates a tiered appreciation ladder: Phase 1 buyers are positioned for MUTM value of up to 600%, while current participants can still nearly double their token appreciation by the time the token lists.

The scale of participation has been equally impressive. Mutuum Finance has raised over $16.55 million and distributed tokens to a wide pool of more than 16,650 holders, creating a healthy liquidity base for launch. With 730 million tokens sold, ownership is spread broadly across the community, reducing reliance on a handful of whales and signaling a strong distribution model.

Transparency through technology and engagement

The project’s live presale dashboard allows users to connect wallets, track balances, and calculate potential ROI in real time. The platform even features a Top 50 leaderboard, where the largest contributors are ranked and rewarded with bonus MUTM tokens at launch. This gamified approach has encouraged deeper participation while adding an extra layer of accountability to the process.

Community engagement has been boosted further through a $100,000 giveaway, rewarding early supporters and spreading awareness across the DeFi space. These initiatives ensure that the presale is not only about raising capital but also about building a vibrant, engaged community around the protocol.

Investor confidence often comes down to one question: can the project be trusted? Mutuum Finance has addressed this head-on. The protocol recently completed a CertiK audit, achieving a 90/100 Token Scan score that places it among the higher-tier DeFi projects reviewed by the blockchain security firm. This external validation gives investors reassurance that the smart contracts underpinning MUTM have been rigorously tested.

In addition, the project has rolled out a $50,000 bug bounty program split across four tiers. By rewarding white-hat hackers and developers for finding vulnerabilities, Mutuum Finance ensures continuous testing and improvement of its codebase. This layered approach, third-party auditing plus community-driven testing, strengthens both the protocol’s resilience and its reputation.

Utility waiting at launch

Unlike many presale projects that delay functionality until well after token listing, Mutuum Finance has committed to launching a beta version of its platform alongside the token debut. This means that from day one, investors will have access to the protocol’s dual lending markets—Peer-to-Contract (P2C) pools for mainstream assets and Peer-to-Peer (P2P) isolated agreements for riskier tokens.

Borrowers will also have the option of variable or stable interest rates, with mechanisms that rebalance stable loans if the market shifts too drastically. Lenders, meanwhile, will receive mtTokens, interest-bearing receipt tokens that track yield transparently and can be staked in the protocol’s safety module. These mechanics are designed not just to provide utility but to align platform activity directly with token demand.

The bigger picture

While the presale success is already notable, Mutuum Finance’s roadmap extends well beyond launch. Plans include an over-collateralized stablecoin, which will give users a predictable medium of exchange and further anchor borrowing activity within the protocol. A push toward Layer-2 integration is also on the horizon, reducing costs and opening the platform to a broader base of users.

These steps are reinforced by Mutuum Finance’s commitment to reliable oracle infrastructure, including Chainlink feeds with fallback and aggregated options to protect against faulty or manipulated data. For a lending protocol, where precise asset valuation is critical, this emphasis on oracle design could be one of its most important long-term advantages.

To learn more about Mutuum Finance, visit the official website and socials.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
GameFi Guides

Solana, Dogecoin and Others Lead Gains as Short Liquidations Top $260M

by admin



In brief

  • Top alcoins have risen 3–4% in the past 24 hours, partially reversing last week’s sell-off.
  • About $345 million in crypto liquidations were recorded, mostly from short positions.
  • One analsyt expects near-term consolidation before capital rotation into select altcoin segments in Q4.

A weekend surge in crypto has partially erased last week’s losses as traders look to regain a bullish foothold in the market.

Solana, Dogecoin, Cardano, Ethereum, and XRP have led gains among the ten largest cryptocurrencies by market value, rising between 3% and 4% on the day, according to CoinGecko.

Nearly $260 million worth of short positions have been wiped out, bringing the 24-hour total for all liquidations to $345 million, according to CoinGlass figures.

Shivam Thakral, CEO of BuyUcoin, told Decrypt the uptick in Bitcoin has triggered a short-covering move, which in turn has amplified prices for altcoins. 

Short covering occurs when sellers are forced to buy their positions to offset losses as the price moves against them. 

Due to a correlation between Bitcoin and altcoins, Thakral expects prices to consolidate until traders begin rotating capital into altcoins sometime this week.

Looking to the fourth quarter, Thakral expects narrative-driven altcoin sectors, such as Layer 2, AI, and staking derivatives, to attract a bid. 

While a handful of altcoins may experience “outsized returns,” others that lack “story, roadmap, and adoption” are likely to stagnate, he added.

Experts who previously spoke to Decrypt have shared a similar bullish outlook for Bitcoin and the broader crypto market, despite last week’s downtrend and institutional outflow.

The Fear and Greed Index, meanwhile, has bounced from fear territory last Friday to neutral as of Monday, according to CoinGlass data, reflecting the broader bullish sentiment following the weekend rally.

The overall crypto market capitalization hovers around $2.23 trillion, up 2.35% in the last 24 hours.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

0 comments
0 FacebookTwitterPinterestEmail
XYZVerse aims to become a top crypto presale in 2025
GameFi Guides

Could AVNT, SUI, XYZ lead the next wave?

by admin



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

AVNT, SUI, and XYZ capture October buzz as traders watch for trend-setting moves.

Summary

  • XYZVerse fuses meme culture with sports betting, creating real utility beyond hype.
  • Its presale surges past $15m, eyeing 50x gains as stage 17 nears sell-out.
  • 95% bullish votes on CMC and influencer backing make XYZVerse a leading Uptober play.

Fresh tokens are turning heads this October as AVNT, SUI, and XYZ shake up the market conversation. Their fast growth and bold ideas are drawing interest from both traders and fans. Eyes are on these assets to see if they will set new trends or surprise everyone with their moves.

What’s hot with Avantis and SUI

Avantis keeps surprising traders. The token is now oscillating between 1.27 and 2.97 after jumping 35.99% in the past week. That weekly burst looks small next to its 579.52% leap over the last month and six months. Momentum cooled this week, yet the coin still sits miles above the levels seen early in the year.

Source: TradingView

Sui spent the past week in retreat with a 19.40 percent slide. The month is softer by 9.03 percent, yet the six month chart still shows a hefty 35.77 percent climb. Traders now face a wide band between 3.39 and 3.90 while volume cools. This mix of long term strength and short term pain sets the stage for a decisive move.

Source: TradingView

XYZVerse sets a new trend, could this be the next 50X memecoin?

The buzz around XYZVerse is real. As the first-ever all-sports meme token, it is going to break records in the memecoin space, targeting 50x upon launch.

The current presale gives early investors the chance to grab XYZ tokens at a significantly discounted price, far below the expected listing price.

Bullish mood on XYZ

XYZVerse is already featured on CoinMarketCap where the community has shown a strongly bullish mood on this coin, with 95% voters anticipating XYZ to grow.

XYZ was further noticed by reputable crypto influencers. DanjoCapitalMaster, who has close to 800,000 followers, recently expressed his support for the project, calling XYZVerse a “moonshot opportunity.”

More than just a memecoin

Unlike most memecoins that ride trends without much substance, XYZVerse is setting a new trend. It is blending the high-energy world of sports with the viral nature of meme culture. And it’s working. The presale is moving fast, with early buyers locking in tokens at a fraction of what some believe could be its future value.

Right now, XYZVerse is still in its presale phase, but demand is high. The price has already climbed from $0.0001 in Stage 1 to $0.0055 by Stage 17, with over $15 million already raised. Investors who got in early have secured a steep discount, and with a target listing price of $0.1, those numbers have people paying attention.

There’s still time to get in before the presale ends.

Beyond just hype, XYZVerse has a structured tokenomics model aimed at long-term sustainability. A share of 15% is allocated to liquidity to create a solid market foundation.To reward its community via airdrops and bonuses, the team has put aside 10% of the total supply. Moreover, a big chunk of 17.13% is designated for deflationary burns, which could reduce supply and drive demand for XYZ over time.

A community-driven project with big plans

One thing setting XYZVerse apart is how it engages its community. The team recently launched the Ambassador Program, giving users the chance to earn free tokens by supporting the project. And that’s just the start — there are already talks with major sports celebrities to help boost visibility.

The recent partnership with decentralized sportsbook bookmaker.XYZ underscores XYZVerse’s commitment to expanding its utility. It’s a big move that gives the community something to actually use.

As part of the deal, XYZ holders get a special bonus on their first bet — a nice perk that adds extra value just for being part of the ecosystem.

Could XYZVerse be the next big memecoin?

With a fast-growing presale, a strong community, and an ambitious roadmap, XYZVerse has the ingredients of a project with serious potential. While the crypto market is always unpredictable, many investors see this as an opportunity to get in early on something big. The presale won’t last forever — so fir those interested, now might be the time to take a closer look.

Join XYZVerse, the next moonshot opportunity.

Conclusion

AVNT and SUI shine in the 2025 upswing, yet pioneering sports memecoin XYZVerse blends fandom and humor, targeting outsized gains that could eclipse earlier stars and define the cycle.

For more information, visit the official website, Telegram, and X.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



Source link

0 comments
0 FacebookTwitterPinterestEmail
A witch from Magic: The Gathering casts a spell.
Game Reviews

The Gathering Lead Apologizes For Infamous Card From 27 Years Ago

by admin


Magic: The Gathering has finally come clean about one of the bigger stains on its legacy. Veteran head designer Mark Rosewater recently apologized for the misogynistic treatment of a low-level pro player in the ’90s that he immortalized as a printed card called Ghazbán Ogress. “I have had a hand in creating thousands of Magic cards over the years, and Ghazban Ogress is the one I most regret making,” he wrote in a new blog post.

Ghazbán Ogress was a parody of an existing card called Ghazbán Ogre, but its real inspiration was a woman named Catherine Nicoloff, an aspiring pro player who also dated several different top players in the ’90s Magic: The Gathering competitive scene. Part of the 1998 Unglued side-expansion, which was designed entirely by Rosewater, the card’s description read, “When Ghazban Ogress comes into play, the player who has won the most Magic games that day gains control of it.” It essentially took slut shaming that was happening in private and immortalized it in print.

This darker chapter in the card game’s history was explored in a recent video on the The Tranquil Domain YouTube channel in which Nicoloff was interviewed about it for the first time. “I just wanted to be one of the guys at the time,” she said. “That was the biggest compliment you could get is if you were one of the guys and man, when people say guys don’t gossip, boy are they lying. So, the attention was mixed, but you were always being watched. I could not go anywhere without being watched. If I went to lunch with a friend, there would be a rumor the next day that I was seen with so-and-so and I was dating him, even if I wasn’t, even if it was nothing more than a lunch where we were talking about decks or cards or draft strategy or whatever.”

I laughed at and shared that joke at the time, when I was a teenager, and it certainly can’t have made women feel welcome in the community. I think one of the worst habits that Magic embedded in me was choosing my social circle based largely on peoples’ perceived skill.

— Brian Kibler (@bmkibler) May 20, 2021

Nicoloff said Rosewater took her aside during one even to give her a heads-up that the Ghazbán Ogress card would be coming out. “Mark Rosewater wielded enormous power over the game and continues to do so,” she said. “I was just, you know, a a small-time wannabe pro player. So, at that moment, it this is going to sound melodramatic, but it just kind of broke me a little because I had thought Mark was a friend. I thought he was trying to be humorous, but [that] he had the best interests of the players at heart. And now I’d been handed this tiger by the tail, and I had to either ride it or get eaten by it. That was what Mark gave to me.”

She ended up signing some other people’s copies of the card while also trying to collect as many of them as possible to keep it from spreading. Nicoloff reckons she has two binder pages full of Ghazbán Ogress now. It wasn’t until a viral post about the incident four years ago by Magic player Brian Kibler that she wanted to correct the record about what a gross thing it was. “I admit I still felt just a little bit angry and a little bit hurt by the whole thing because this was like an elephant in the room and nobody had ever apologized to me.”

That changed after the video went live and people started asking Rosewater about it. In a post over on his blog he unequivocally apologized for it. “Let me start by stating unequivocally that it was a mistake to have ever printed the card. It is 100% my doing,” he wrote. “I designed it and put it into the set. I take full responsibility for the card’s existence. It’s important to own up to one’s mistakes and not try to justify them.”

Rosewater has since called Nicoloff to apologize 27 years later, an apology which he said she accepted. “This apology should have come decades earlier though, and for that I am also sorry,” he wrote. “Magic cards should be something that bring people together and help foster growth and connection,” he added. “It should never be used to tear people down.”





Source link

0 comments
0 FacebookTwitterPinterestEmail
Meta Poaches OpenAI Scientist to Help Lead AI Lab
Product Reviews

Meta Poaches OpenAI Scientist to Help Lead AI Lab

by admin


Mark Zuckerberg has poached a high-ranking OpenAI researcher to be the research principal of Meta Superintelligence Labs (MSL). Yang Song, who previously led the strategic explorations team at OpenAI, is now reporting to Shengjia Zhao, another OpenAI alum who has overseen the buzzy AI effort since July, according to multiple sources. He started earlier this month.

The move comes after Zuckerberg went on a hiring blitz earlier this summer, bringing in at least 11 top researchers from OpenAI, Google, and Anthropic.

Song had been at OpenAI since 2022. His research there focused on improving models’ ability to process large, complex datasets across different modalities. While still a graduate student at Stanford University, he developed a breakthrough technique that helped inform the development of OpenAI’s DALL-E 2 image generation model. Both he and Zhao attended Tsinghua University in Beijing as undergraduates, and worked under the same advisor, Stefano Ermon, while pursuing PhDs at Stanford.

In a staff-wide memo sent this summer, Zuckerberg touted Zhao’s impressive resume as the cocreator of ChatGPT, GPT-4, all mini models, 4.1, and o3 at OpenAI—but he did not specify Zhao’s new role at Meta. In July, Zuckerberg wrote in a Threads post that while Zhao had “cofounded the lab” and “been our lead scientist from day one,” Meta had decided to “formalize his leadership role” as the lab’s chief scientist. The move came after Zhao threatened to return to OpenAI, even going as far as to sign employment documents, WIRED previously reported.

A small number of researchers have left Meta Superintelligence Labs since the initiative was first announced in June. Two staffers have returned to OpenAI, WIRED previously reported. One of these researchers went through onboarding but never showed up for their first day of work at Meta.

Another AI researcher, Aurko Roy, also left Meta in July, WIRED has learned. He’d worked at the tech giant for just five months, according to his personal website, which also says he now works on Microsoft AI. Roy did not immediately respond to a request for comment from WIRED. Yang Song, OpenAI, and Meta also did not immediately respond to a request for comment from WIRED.

Song joins an already crowded field of big-name AI talent within Meta’s increasingly complicated AI division. When Zhao was hired in July, some speculated that he had replaced Yann LeCun, Meta’s longstanding chief AI scientist. In a LinkedIn post, LeCun clarified that he remained chief AI scientist for Facebook AI Research (FAIR), the company’s longstanding foundational AI research lab.



Source link

0 comments
0 FacebookTwitterPinterestEmail
BTC Stalls as Whales Lead Wave of Selling
GameFi Guides

BTC Stalls as Whales Lead Wave of Selling

by admin



BTC$112,856.46 remains stagnant in the $110,000 to $120,000 range, while gold and U.S. equities hover near all-time highs.

According to Glassnode’s Accumulation Trend Score by cohort, selling pressure is evident across all wallet groups. This metric measures the relative strength of accumulation based on the size of entities and the volume of coins acquired over the past 15 days. A value closer to 1 signals accumulation, while a value closer to 0 signals distribution. Exchanges and miners are excluded from this calculation.

Currently, every cohort, from wallets holding less than 1 BTC to whales holding over 10,000 BTC, is in distribution. The largest whales, with holdings above 10,000 BTC, are showing some of the most aggressive levels of selling over the past year.

Trend Accumulation Score by Cohort (Glassnode)

Looking at long-term holder supply, the percent of circulating supply unmoved for at least 1 year has dropped sharply from 70% to 60%. The peak was in November 2023, when bitcoin traded near $40,000. At the same time, 2+ year holders also began to sell, with their share declining from 57% to 52%.

The three year plus cohort now sits just above 43% and has been steadily falling since November 2024. These wallets largely represent buyers from the previous cycle top in November 2021 at around $69,000, many of whom accumulated more during the 2022 bear market when prices hit lows of $15,500. With bitcoin’s recovery, these investors are realizing gains.

By contrast, five year plus holders remain steady, reflecting that the longest-term investors are not participating in the sell-off.

This trend shows that investors sitting on unrealized profits from this cycle are continuing to realize profits, adding to the ongoing selling pressure.

Read more: BlackRock’s Bitcoin ETF: Bearish Sentiment in IBIT Stays Strong for Two Straight Months



Source link

0 comments
0 FacebookTwitterPinterestEmail
Close