By Wayne Jones Blockchain gaming ecosystem Treasure DAO has announced a drastic restructuring, closing down its game publishing operations and Layer-2 network Treasure Chain due to severe financial strain. The news sent its native token, Treasure (MAGIC), plunging 18% in 24 hours, worsening a months-long downtrend. How Treasure DAO Got Here Treasure DAO gained early […]
Tag: NFT
By Wayne Jones TreasureNFT, a purported web3 revenue platform offering 30% monthly returns from AI-based non-fungible token (NFT) trading, has been accused of scamming users after many claimed they were having difficulties accessing their funds. What began as whispers of withdrawal delays has now erupted into full-blown accusations of a Ponzi scheme, with customers reporting […]
By coinspy Ethereum’s network fees have plummeted to a 5-year low, signaling weak on-chain activity and potential bearish pressure. Despite weak fundamentals, technical indicators (RSI, MACD) suggest a bullish reversal, with ETH rebounding 6% from recent lows. Critical resistance at $2,100 remains the make-or-break level—breaking and holding above it could trigger a full bull run. […]