March 23rd, two U.S. senators plan to introduce legislation to ban prediction market platforms from listing contracts related to sports events, arguing that these markets infringe on consumer rights and tribal sovereignty, and calling for state government regulation of gambling activities that may lead to youth addiction. This move could reshape the regulatory landscape for sports betting and prediction markets.

Gate News reported that on March 21, Gala Games officially announced the launch of GalaChain's ecosystem expansion plan. Its decentralized exchange GalaSwap now supports integrating tokens from Solana, TON, and Ethereum ecosystems into the GalaChain network. The official statement indicates that this move will enable cross-ecosystem asset access and interoperability, activate the community, and enhance the visibility of various project tokens.

As of March 21st, the GameFi sector has a market cap of $45.15 billion, with FLOKI, The Sandbox, and Undeads Games ranking at the forefront. The Solana Foundation chair believes that blockchain gaming's performance has not met expectations, and multiple institutions have previously invested substantial funds in this sector.

Solana Foundation president Lily Liu stated in a post that blockchain gaming is dead and believes it won't make a comeback. This statement stems from attention to Meta's abandonment of its metaverse vision, though it has no direct connection to blockchain. Companies like Mythical Games and Gunzilla Games continue to advance related projects.

ByteDance has reached an agreement with Savvy Games Group, a subsidiary of Saudi Arabia's Public Investment Fund, to sell Moonton Technology for over $6 billion. Moonton is the developer of the MOBA mobile game Mobile Legends. This transaction reflects ByteDance's strategic focus on the AI sector.

Meta announced that it is withdrawing its decision to shut down the Horizon Worlds VR platform and will continue to retain the application on Quest headsets. Based on user feedback, existing VR games will continue to operate, but no new content will be added. Meta's metaverse business is facing losses, and the company will shift its future development focus towards artificial intelligence and mobile experiences.

Gate News 消息，3 月 12 日，MoonPay 宣布將為 X Games 聯賽選秀運動員提供穩定幣簽約獎金。根據合作方案，40 名運動員將一次性獲得 2500 美元的 XO Cash 獎勵。XO Cash 是由加密錢包提供商