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Dune Awakening developer Funcom suffers layoffs after biggest release in studio history
Game Reviews

Dune Awakening developer Funcom suffers layoffs after biggest release in studio history

by admin October 1, 2025


Dune: Awakening developer Funcom has announced it’s laying off staff today as part of a restructuring process across the studio, with an undisclosed number of staff losing their jobs.

In a statement to GamesIndustry.biz, the Norway-based developer stated it’s laying off staff as part of a restructuring effort towards: “releasing new content, features, and enhancements.”

The statement continues: “The transition from development to long-term live operation, while also building towards a major console release next year, will require us to restructure our teams and focus our resources from across projects and studios. Unfortunately, this also means having to say goodbye to cherished colleagues.

Watch the Dune: Awakening launch trailer here.Watch on YouTube

“This difficult process is starting now, and we cannot yet determine the exact impact. We are working to find new opportunities for those affected.

“Our focus now is to provide these team members with the support and guidance they need, and we ask for your understanding at this time as we will not make further comments during this process.”

Dune: Awakening, as mentioned both in the statement and widely reported, was a massive success for Funcom. The game had a Steam concurrent player count of roughly 190,000 players during its launch, with around 100,000 coming from a more expensive priority access version of the game. In recent months, the game is floating around roughly 20,000 concurrent daily players.

Funcom, a studio with ample history in both the MMO and survival game genres, had plans to continue supporting the game post-launch and recently rolled out its first major free update to the game. This, unfortunately, was not enough to stave off layoffs.



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October 1, 2025 0 comments
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Alabama's Jah-Marien Latham suffers neck injury in practice
Esports

Alabama’s Jah-Marien Latham suffers neck injury in practice

by admin September 24, 2025


  • Mark SchlabachSep 23, 2025, 07:16 PM ET

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    • Senior college football writer
    • Author of seven books on college football
    • Graduate of the University of Georgia

Alabama linebacker Jah-Marien Latham is being evaluated at a hospital in Birmingham, Alabama, after suffering a neck injury in practice Tuesday.

Crimson Tide coach Kalen DeBoer said in a statement that Latham had “full feeling and motion” and was being treated at UAB St. Vincent’s Hospital.

“He is currently undergoing a thorough medical assessment to determine the next steps in his recovery,” DeBoer said in the statement. “Our top priority is Jah’s health and well-being. We are in close contact with his family and the medical team and will continue to support him in every way possible. Further updates will be provided as appropriate.”

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Latham, a sixth-year senior from Reform, Alabama, started the Tide’s opener at Florida State on Sept. 30. Latham had two tackles before leaving because of a lower-body injury in the Seminoles’ 31-17 victory. He didn’t play in Alabama’s victories over UL Monroe and Wisconsin.

Sophomore Qua Russaw started in Latham’s starting spot the past two games, and sophomore Yhonzae Pierre has seen increased playing time as well.

The No. 17 Crimson Tide plays at No. 5 Georgia on Saturday night (7:30 p.m. ET, ABC).



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September 24, 2025 0 comments
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Midjourney/Modified by CoinDesk
NFT Gaming

Monero Suffers Deepest-Ever Blockchain Reorganization, Invalidating 118 Transactions

by admin September 15, 2025



Monero’s blockchain experienced an 18-block reorganization on Sunday, its deepest to date, that effectively invalidated 118 confirmed transactions by rolling back 36 minutes of transaction history.

The reorg began at block height 3,499,659 when Qubic, a lesser-known AI-focused layer-1 blockchain, unleashed a longer chain that Monero’s network nodes accepted, orphaning the other chain’s previously confirmed blocks.

The move is the latest escalation in a campaign by Qubic, which last month acquired more than half of Monero’s mining power. Qubic leverages a “useful proof-of-work” (uPoW) model that repurposes XMR mining rewards and converts them into USDT, which is then used to buy back and burn QUBIC tokens.

Despite the rollback, XMR’s price defied expectations, climbing to a two-month high of $333 after the attack, before seeing a slight drop to $307.5 at the time of writing. The cryptocurrency is still up more than 6.4% in the last 24 hours, while its daily trading volume jumped 78% to $136 million.

“Personally, I don’t consider the Monero network reliable at this point,” said Vini Barbosa, a crypto commentator on X, adding that he would stop accepting XMR payments until the issue is resolved.

“In the last 720 blocks (~24h), 213 blocks have been orphaned (114 produced by known pools and 99 produced by unknown pools or solo miners). That’s 29.5% of all blocks,” Vini added. “This is just too much.”

The attack may force the Monero community to make difficult decisions. One proposed solution involves using DNS checkpoints, trusted snapshots of the blockchain, to counteract future reorganizations.

Critics argue this would compromise the network’s decentralization. On GitHub, crypto researcher Rucknium pointed out that the temporary rollout of DNS checkpoints is highly likely to soon be deployed.



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September 15, 2025 0 comments
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Monero Suffers 18-Block Reorganization, 118 Transactions Reversed
GameFi Guides

Monero Suffers 18-Block Reorganization, 118 Transactions Reversed

by admin September 14, 2025



Monero (XMR), the privacy-focused cryptocurrency, has just gone through its biggest blockchain shake-up yet. On September 14, network monitors reported an 18-block reorganization that wiped out 118 transactions. Independent analyst Xenu called it “the largest reorg in Monero’s history,” raising fresh questions about how secure and reliable the network really is.

A blockchain reorganization happens when miners can’t agree on which version of the ledger is correct. The network just goes with the longest chain and drops the shorter ones. 

In Monero, miners had to choose between chains, so some transactions that looked confirmed ended up getting canceled. This can cause problems like double-spending, slow transactions, and confusion for anyone taking XMR.

Qubic’s Mining Role

The episode has put the spotlight on Qubic, a rival blockchain project that controls a large portion of Monero’s mining power. Mining Pool Stats show Qubic controls 2.11 GH/s of Monero’s 6.00 GH/s hashrate, making it the largest single contributor. Earlier this year, critics accused Qubic of attempting a 51% attack on Monero. 

Qubic founder Sergey Ivancheglo added to speculation with a post on X, stating Monero “will stay because Qubic wanted it to stay.” Analysts interpret this as a demonstration of influence rather than financial gain.

Xenu, citing Monero developer Sech1, noted that Qubic’s strategies, such as selfish mining, have caused inefficiencies, including a 43% orphan rate, reducing mining rewards.

Expert Warnings

Security experts warn the threat remains. Co-founder of SlowMist, posted, “If no one in the Monero community takes the issue of block reorganization seriously, then this Sword of Damocles will always hang over Monero’s head… It may not necessarily carry out a double-spend attack, but having this capability… It doesn’t even have to strictly exceed 51% of the hash power.”

Exchanges are responding cautiously. Kraken suspended XMR deposits and later raised required confirmations to 720, up from the usual 10, reflecting concerns about network trust. 

The reorganization has already affected Monero’s market, contributing to past price drops of over 5% in 24 hours and more than 14% in a week during previous events. Analysts say repeated reorganizations could erode confidence in Monero if mining concentration is not addressed and stronger security measures are implemented.

Also Read: Linea Network Resume Block Production After a 46-Min Halt



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September 14, 2025 0 comments
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Iran
GameFi Guides

Iran’s Crypto Sector Suffers 11% Decline Following $90-M Exchange Hack

by admin August 28, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to reports, Iran’s on-chain crypto activity fell sharply in the first half of 2025. Inflows totaled $3.7 billion in the first seven months, a 10% drop from the same period in 2024. The slump accelerated after April: June flows contracted 50% year-on-year and July tumbled 75%.

Major Exchange Breach Shakes Trust

Based on a TRM Labs report, a major security breach hit Nobitex on June 18. Roughly $90 million was taken from hot wallets, source code was leaked, and some stolen coins were steered to vanity addresses that referenced the Islamic Revolutionary Guard Corps.

Outflows from the exchange spiked — more than 150% in the week before the fighting — as traders moved funds to what they saw as safer places. Trust, already fragile, was seriously damaged.

Inbound Transactions Collapse As Users Withdraw

Nobitex’s inbound transfers dropped by about 70% year-on-year after the breach. Some dormant Bitcoin wallets tied to mining activity were activated and later routed funds into a newly created hot wallet.

Regulators responded by imposing overnight trading curbs designed to slow panic, but many users had already pulled funds offshore. Reports show a surge in transfers to foreign platforms and payment processors that have lighter identity checks.

Stablecoin Freezes Strain Liquidity

In July, Tether froze 42 wallets linked to Iran, removing a large chunk of usable stablecoin liquidity on local rails. More than half of those wallets had ties, on-chain, to Nobitex or addresses flagged with IRGC links, though ownership remains unclear.

Tether also froze $27 million in USDT tied to Garantex, a sanctioned Russian exchange, an action that highlights the broad reach of compliance moves. The US Treasury blacklisted Garantex in 2022, and that prior action has had echoing effects on market behavior.

Total crypto market cap currently at $3.84 trillion. Chart: TradingView

Power Cuts And Conflict Worsen Market Stress

The decline in flows came during a period of heightened regional tension. A 12-day conflict with Israel erupted in mid-June while nuclear talks stalled. Israeli strikes and internal disruptions led to widespread electricity outages.

Mining rigs were idled. Trading became harder. For many traders, the safest option was to move funds off domestic rails; for others it was to switch stablecoins or chains.

New Taxes Tighten The Grip

In August, Iran approved the Law on Taxation of Speculation and Profiteering. The law brings capital gains taxes to crypto, gold, real estate, and forex.

Enforcement will roll out in stages, but officials say oversight will increase. That policy move, combined with freezes and hacks, gives firms more reason to pause or shift operations.

Featured image from Getty Images, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 28, 2025 0 comments
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HBAR/USD (TradingView)
Crypto Trends

HBAR Suffers 7% Decline Amid Substantial Liquidation Cascade

by admin August 19, 2025



HBAR faced strong downward pressure in the last 24 hours, slipping 6.68% from $0.26 to $0.24, while trading activity surged past 109 million tokens—nearly double the daily average. The steepest drop occurred during overnight sessions, when sellers accelerated outflows and forced prices down at a pace far sharper than normal. Analysts attribute the volatility to broader market stress triggered by $460 million in liquidations, compounded by U.S. economic data showing the Producer Price Index rising to 3.3%.

Despite near-term weakness, market strategists maintain a bullish long-term outlook for Hedera’s native token. Targets remain set between $0.40 and $0.50, though traders are being warned of potential turbulence in the interim. With sentiment gauges pointing to overheated conditions, technical watchers caution that sharp swings remain likely as the market digests both macroeconomic headwinds and sudden liquidity shocks.

Meanwhile, Binance has moved to integrate HBAR within its BNB Smart Chain infrastructure, a step designed to improve cross-chain interoperability. The development will enable smoother asset transfers and expand access to smart contracts across blockchain ecosystems, bolstering Hedera’s utility. Still, the integration arrives as HBAR consolidates under resistance, underscoring the challenge of balancing long-term adoption narratives with short-term market pressures.

HBAR/USD (TradingView)

Technical Metrics

  • HBAR registered an aggregate trading range of $0.018, constituting 6.93% of peak valuation during the session.
  • Robust resistance consolidated proximate the $0.252 threshold with multiple rejection attempts.
  • Support infrastructure identified near $0.240, furnishing temporary price stabilisation.
  • Trading volumes exceeded 109 million tokens, markedly surpassing the 24-hour average of 58.5 million.
  • The terminal 20-minute period exhibited complete market paralysis at $0.243 on negligible volume, suggesting potential technical disruptions or acute illiquidity conditions.
  • Distinct resistance consolidation emerged around $0.245 during the final trading hour.
  • Provisional support materialised near the $0.242 level preceding market stagnation.

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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August 19, 2025 0 comments
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