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Information about Fusionist (ACE)
Fusionist is a Web3 AAA game built by a group of experienced gaming veterans, uses Unity and HDRP technologies to provide a high-class product and engaging gaming experience to all users.
Fusionist is built on Endurance, a blockchain ecosystem offering high-performance, cost-effective gaming, and social networking application solutions. Fusionist combines the inter-game economy in the ecosystem, helping participants have both enjoyable gaming experiences and generate profits through gaming.
Using the most advanced game development methods and technologies from Unity Technologies and Endurance Mainnet, Fusionist provides games with the most diverse gameplay and realistic graphics. Currently, Funist is offering 3 NFT games with AAA graphics including: Colonize, Conquer and Unite. Each game offers players a unique and engaging experience, creating a dynamic and diverse gaming environment that sets Fusionist apart from traditional games.
ACE is a native coin of the Fusionist ecosystem, operating on Endurance and can be used to:
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News
The Seoul Southern District Prosecutors’ Office has uncovered a sophisticated scheme to manipulate Fusionist (ACE) token prices. Prosecutors categorized the case as a significant violation, resulting in fraudulent profits totaling 7.1 billion won (about 4.8 million USD). Lee and Kang used tactics, including ‘hit’ orders and fake buy orders, to inflate trading volumes.
Alarmingly, over 88.69% of the manipulated transactions were identified as fraudulent. The enforcement of the Virtual Asset User Protection Act through expedited proceedings indicates a stern approach towards cryptocurrency fraud, potentially influencing future market regulations and investor protection standards in South Korea.
Phantom, a multi-chain crypto wallet provider, faced a backlash following a tweet by AceofAI suggesting a partnership, which fueled confusion among investors. The misunderstanding led to a surge in ACE token prices. However, Phantom later clarified that there was no official partnership, causing ACE token values to plummet.
The miscommunication resulted in ACE token’s value dropping by over 90%, causing dissatisfaction among investors. Many took to social media platforms accusing Phantom of misleading them. The firm had earlier responded to AceofAI’s announcement with emojis that mistakenly confirmed the partnership, leading to the confusion.
ACE trading volume is $ 21.75m. Market capitalization reaches $ 74.88m.
ACE trading volume is $ 17.79m. Market capitalization reaches $ 110.3m.
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