Immutable (IMX) is up 10% today after announcing a partnership with Ubisoft. The pair is releasing a new mobile game based on the “Might and Magic” series as part of Ubisoft's broader Web3 strategy.

TL;DR Ubisoft announced Might & Magic: Fates, a strategy card game powered by Immutable's blockchain infrastructure, available on iOS and Android. The game allows players to collect, trade, and exchange unique digital cards, prioritizing strategy over luck.

IMX climbed the crypto ladder and is currently the 81st-biggest digital asset.

Through the partnership Ubisoft and Immutable plan to launch the mobile title "Might and Magic Fates" early next year.

Gaming giant Ubisoft has partnered with Web3 firm Immutable to launch Might & Magic: Fates, a blockchain-powered strategy card game set in the Might & Magic universe.According to a press release shared with Cointelegraph, Might & Magic: Fates blends classic strategic gameplay with modern blockchain technology, offering players digital ownership through Immutable's Web3 infrastructure. The game will launch on iOS and Android.

Kain Warwick, founder of Synthetix, announces new incentives to restore sUSD peg.

Immutable X token rallied as high as 56% today, driven by buzz around a potential mega partnership and Bitcoin's strong upward momentum. According to data from crypto.

Immutable (IMX) has emerged as the market's top gainer over the past 24 hours, rallying more than 40% as bullish sentiment strengthens across the crypto market.

The cryptocurrency market is abuzz, with Immutable (IMX), the native token of gaming platform Immutable, is leading the charge with a jaw-dropping 44% price surge. It's a breakout that coincides with Bitcoin (BTC) surpassing $93,000 and a broader altcoin surge.

Ubisoft collaborates with Immutable (IMX) to launch 'Might and Magic Fates', enhancing the franchise with new gameplay mechanics and strategic elements. Set for a 2026 release, this marks a significant partnership.

Immutable co-founder Robbie Ferguson wrote on Tuesday morning: “Tomorrow we announce the outcome of a multibillion dollar partnership that's been in the works for 2+ years.”

One of the main weaknesses of IMX is that its use cases are limited, as transactions within its layer two can be paid by using Ethereum (ETH).

Synthetix (SNX) price shot up 7% in the past 24 hours as founder Kain Warwick took a firm stance on the recent depegging of sUSD stablecoin.

The crypto market has started the week well, with Bitcoin and many altcoins beating the American stock market. Bitcoin price has held steady above $88,000, while the valuation of all cryptocurrencies has jumped to $2.75 trillion. This article provides the forecast of top altcoins like Reserve Rights (RSR), IOTA (IOTA), Pendle, and Solana (SOL).

TL;DR Synthetix launched a new staking mechanism, the “sUSD 420 Pool,” offering SNX rewards to stabilize the price of its sUSD stablecoin. Founder Kain Warwick warned that pressure will be applied if participants don't respond to the voluntary incentive. The value of sUSD dropped to $0.68 in April but has partially recovered to $0.

Kain Warwick, the founder of the decentralized finance (DeFi) platform Synthetix, has urged SNX SNX token holders to take action to help restore the value of the project's stablecoin, sUSD.

Synthetix founder Kain Warwick has urged SNX stakers to adopt the protocol's newly launched staking mechanism aimed at restoring the dollar peg of its stablecoin, sUSD. The post Synthetix Founder Warns SNX Stakers to Embrace New Mechanism or Face ‘The Stick' appeared first on Cryptonews.

As sUSD continues to trade below its intended $1 peg, Synthetix founder Kain Warwick has urged stakers to step up and help restore stability before more stringent measures are implemented.

Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don't take up a newly launched staking mechanism to help fix the protocol's ongoing sUSD (SUSD) depeg.Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it is currently “very manual” without a proper user interface. However, once the UI goes live, Warwick said, if there isn't enough momentum, then they may have to “ratchet up the pressure” on the stakers in the sUSD 420 pool.

Over the past few days, the FET taker buy/sell volume has been almost exactly equal.

Here is how some of your favorite assets concluded the week.

Top artificial intelligence tokens were among the best performers this weekend, as investors bought the dip following a key report from CoinGecko. AI Companions (AIC) tokens jumped by over 40% to $0.

The cryptocurrency market was relatively mixed during the Easter weekend, with volume remaining low. Bitcoin was stuck between $84,000 and $85,000, while Ethereum was hovering near its lowest point in months. This article provides a forecast for some of the top-performing coins like JasmyCoin (JASMY), Fartcoin, Artificial Superintelligence Alliance (FET), and Gala Games (GALA).

Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg.

Synthetix's sUSD stablecoin has plunged as low as $0.68, losing its dollar peg amid structural changes, sparking fears of a broader DeFi crisis and highlighting vulnerabilities in algorithmic stablecoin mechanisms. The post Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral? appeared first on Cryptonews.

TL;DR Renewed investor interest in AI-related tokens has triggered strong price increases for assets like TAO (+14.19%), (+9.67%) and FIL (+6.47%). This surge is linked to Nvidia's recent visit to China and Bitcoin's current market stability.

Demand for AI-themed tokens soars, as it captures 35% of global interest throughout Q1 2025.

The crypto market registered a marginal uptick over the past 24 hours, entering a period of relative calmness after witnessing considerable movement over the past week. The market cap dropped to $2.5 trillion before rising to $2.71 trillion and then correcting to the $2.65 trillion zone.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The Synthetix protocol stablecoin dropped to a new low this week, extending its month-long depegging trend.

Synthetix's sUSD stablecoin has crashed below $0.70 marking its worst depeg in years as collateral changes backfire.

Synthetix's sUSD stablecoin has fallen to $0.70, 30% below its dollar peg, following protocol changes that disrupted its market balance.

The Synthetix protocol's native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn't the first time the asset has been under significant stress, and several risk measures are in place.

Blockchain gaming network Immutable is charging ahead after the US SEC (Securities and Exchange Commission) closed its investigation into the platform's native token, IMX, in late March.

TL;DR sUSD Depeg Crisis: Synthetix's stablecoin sUSD has plunged below $0.80 amid significant protocol changes that have unsettled investors and traders. Impact of SIP-420 Upgrade: The recent SIP-420 upgrade, aimed at enhancing capital efficiency, has flooded markets with excess sUSD, disrupting traditional peg defense strategies and triggering chaotic trading conditions.

Synthetix's algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko's price data, sUSD has dropped to $0.7924 as of Apr.

Synthetix's sUSD stablecoin de-pegs, trading at $0.8107.

AI crypto tokens are facing renewed pressure after Nvidia warned of a massive financial hit due to new U.S. export restrictions on chip sales to China.

Even while stock markets are mired in uncertainty, AI tokens continue to mount a rebound. Behind the scenes, the crypto AI sector is exploding after fresh announcements from OpenAI and NVIDIA.

The crypto market's volatility continues, compounded by the absence of bullish signals from broader financial markets. While altcoins are becoming less dependent on external developments, they are increasingly relying on internal network progress to drive price movement.

The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.

Top gainer, rising demand, breakout setup — is $0.34 FET's launchpad for a high-conviction R/R play?

Today, April 14, 2025, marks a transformative milestone for Filecoin (FIL) with the rollout of its v1.32.2 network upgrade at block height 4,878,840. This mandatory update introduces a suite of technical enhancements poised to bolster the network's efficiency and appeal.

A new report from on-chain analytics firm Parsec argues that the recent depegging of Synthetix's stablecoin sUSD is not the result of bad debt or protocol failure—but a direct consequence of governance upgrade SIP-420.

Synthetix's algorithmic stablecoin sUSD is continuing to drift from its $1 peg, currently trading at $0.90.

Synthetix's stablecoin, sUSD, has plunged to a five-year low of $0.83, raising investor concerns about its stability.

Filecoin (FIL)'s USDFC stablecoin goes live on the mainnet, alongside key ecosystem updates including CalibrationNet upgrade, FIL ProPGF launch, and strategic partnerships.

What happens when a stablecoin isn't stable, and the founder's response is “no crying in the stablecoin casino”?