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Blockchain gaming platform creates refundable NFT program

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Spielworks CEO Adrian Krion said that the NFTs will also provide mining power and material drops to players of their Dungeon Worlds game. Blockchain gaming startup Spielworks has partnered with the Web3 platform Mycelium Network to launch a program that allows full refund s for nonfungible token (NFT) purchases.  In an announcement sent to Cointelegraph, the team explained that within the program , users who acquire NFTs called "Reverties" are eligible to get a full USD Coin (USDC) refund . The project also allows users to stake this new series of NFTs in Spielworks’s game called Dungeon Master and purchase them using USDC via a separate minting mechanism. Through the partnership, Spielworks will leverage Mycelium Network to support USDC purchases. Within the minting transaction, the USDC will be transferred to a decentralized finance (DeFi) lending pool at the Aave protocol. The team said that the interest earned in the lending pool will be used to buy back Spielwork...

South Korean Bitcoin lending platform Delio pauses withdrawals

The virtual asset manager and lending platform suspended withdrawals following challenges at Haru Invest, a similar entity. Delio, a virtual asset manager and lending platform based in South Korea, has announced the temporary suspension of customer withdrawals “in order to safely protect the assets of customers currently in custody.” The company made the decision in response to the recent suspension of digital asset deposits and withdrawals at Haru Invest, which has led to heightened market volatility and increased confusion among investors within the region. According to Delio, the suspension will remain in effect until “the situation and its aftermath are resolved.” A translation of the announcement read: “In order to safely protect the assets of customers currently in custody, Delio will inevitably suspend withdrawals temporarily as of June 14, 2023, 18:30." Delio has reassured its clients that it will do its best to protect their assets “while quickly grasping the facts ...