According to a statement on the company's Twitter account, cryptocurrency exchange FTX, founded by Sam Bankman-Fried, has filed for Chapter 11 bankruptcy protection in the United States.
GameStop, the world's largest video game store, has announced that their marketplace now supports NFTs generated via Ethereum's layer-2 scaling network, ImmutableX, allowing users to buy and sell assets from Web3 games.
After a recent upgrade, Illuvium (ILV) will enhance its game by building it for Unreal Engine 5. The game is now undergoing closed beta testing. Meanwhile, ILV fell to $180 as market volatility affected all assets.