Steam Welcomes First Web3 Game Since 2021 NFT Ban
Steam Welcomes First Web3 Game Since 2021 NFT Ban
🎮 Steam's Secret Web3 Move
Off The Grid becomes the first crypto-integrated game approved for Steam's platform since their 2021 ban on NFT titles. The game launches July 17th with an innovative approach: Web3 features remain entirely optional for players.
This marks a significant shift in Steam's stance on blockchain gaming, following their earlier approval of several Web3 titles including Bornless Game and Sparkball.
- First crypto game on Steam since 2021
- Web3 features are optional
- Launches July 17th
- Part of Steam's broader Web3 gaming initiative
Big win for all of Web3 today🙌 @playoffthegrid announced it'll be launching on Steam July 17th. This'll be the first crypto-integrated game launching on the platform since its ban on NFT titles in 2021 — with Web3 features kept fully optional for players.
ETH Short Liquidations Hit $150M
Ethereum markets saw significant liquidations as bearish positions faced heavy losses. Over $150 million worth of ETH short positions were forcefully closed in the latest market movement. This continues a trend from earlier events, including a $100M liquidation of BTC and ETH shorts in March 2024. Key points: - $150M+ in ETH short positions liquidated - Follows pattern of major short squeezes - Represents one of the largest single-day liquidation events for ETH in 2025 *Liquidations occur when leveraged trading positions are automatically closed due to price movements against the trader's position.*
Crypto Bills Clear House Procedural Vote
The U.S. House of Representatives successfully passed a second procedural vote, clearing the way for final votes on key cryptocurrency legislation. - Bills officially moving forward after initial delay - Final votes expected to follow procedural clearance - Represents significant progress for crypto regulatory framework This development marks a crucial step toward establishing clearer guidelines for digital assets in the United States. [Read more details on Decrypt](decrypt.co/330419/crypto-wee)
Crypto Market Update: July 16, 2025
**Market Highlights:** - BTC trading at $119.7K, ETH up 7% at $3.3K - ETH ETF sees strong inflows: $192M on Tuesday, 60% of BTC's weekly inflows - Massive whale movement: 40,009 BTC (~$4.7B) transferred to Galaxy Digital **Key Developments:** - Cantor Fitzgerald nearing $4B SPAC deal with Adam Back for BTC acquisition - DOJ concludes Polymarket investigation with no charges - PUMP token surges 15% after $20M buyback - SharpLink Gaming becomes largest corporate ETH holder - House fails to pass crypto bills, but Trump claims 11 voters will change stance **Notable Updates:** - Bitwise implements third-party verification for onchain holdings - Hot tokens: PENGU, SPX6900, BONK, USELESS, REKT, HOUSE
X CEO Linda Ya Steps Down After 2-Year Tenure
Linda Ya has announced her departure as CEO of X (formerly Twitter) after serving for 2 years. The news comes amid ongoing changes at the social media platform. Key points: - Ya's tenure marked significant transitions in X's business strategy - @farokh and @Tyler_Did_It discussed implications on FOMO Hour - Successor yet to be announced This development follows recent platform updates and policy changes at X.