Category: Animoca Brands

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Animoca still bullish on blockchain games, awaits license for metaverse fund

Animoca Brands co-founder Yat Siu expects a number of its blockchain gaming investments to come to market by the end of 2023. Blockchain-based games have been a hot topic in the cryptocurrency space over the past two years, accounting for considerable growth and daily activity on a number of protocols despite prolonged bear market conditions.…
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Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies  Read more »Sign up for e-EUR –…
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Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles

The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated on Thursday that 15 digital action figures will be available to collect in total, and the initial Star Wars non-fungible token (NFT) drop will begin…
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Where crypto can grow: Digital asset regulations around the world

While many countries have sped up their efforts to regulate cryptocurrencies following a crisis-filled 2022, most still lack a clear framework for the industry to build around. As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms…
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Animoca denies reports of $200M cut to metaverse fund and valuation drop to $2B

Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the source or agenda is.” Venture capital firm and Web3 game developer Animoca Brands has refuted claims that it scaled back its metaverse fund target by $200 million, or 20% to $800…
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Today in Crypto: Moody’s to Develop a Scoring System for Stablecoins, Hive Ransomware Group Dismantled, Animoca Brands Subsidiary Hiring a Head of Degen Relationships

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Moody’s to Develop a Scoring System for Stablecoins, Hive Ransomware Group Dismantled, Animoca Brands Subsidiary Hiring a Head of Degen Relationships  Read more »Sign up for e-EUR –…
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Nifty News: Porsche ends ‘low effort’ NFT mint early, Oreo dunks into the Metaverse and more

Porsche’s first foray into NFTs appears to have flopped after recording underwhelming sales and was heavily criticized by the community. Porsche criticized for ‘low effort’ NFTs, ends mint early Car manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white 911 model only two days after the public mint started,…
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Casual gamers a ‘critical’ audience for blockchain games: GameFi execs

Many casual gamers are still reluctant to play games that use blockchain tech, but gaming execs believe one good game could change that. The casual gaming market will remain a crucial audience for blockchain games and nonfungible tokens (NFTs) in gaming, according to three blockchain gaming company co-founders.  Casual gamers, people who play games somewhat…
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Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3 concepts. Hashkey Capital’s Fund III to Focus on Web3, Emerging Markets and Crypto Solutions Amid…
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Samsung investment arm considering spot-Bitcoin ETF in Hong Kong

With the Hong Kong Stock Exchange being the only regulated exchange in Asia offering Bitcoin futures ETFs, some believe spot crypto ETF products will soon be allowed. Hot on the heels of its Bitcoin (BTC) futures exchange-traded fund (ETF) in Hong Kong, Samsung Asset Management has indicated it’s considering the launch of a spot Bitcoin…
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