Animoca Brands, an NFT gaming company, acquires a majority stake in Bondly
Through its investment in Bondly, the blockchain game developer Animoca hopes to improve cross-chain utilization of NFTs. Animoca Brands, a game developer specializing in nonfungible tokens (NFTs), has announced a significant investment in the nonfungible token (NFT) platform Bondly. Following the investment, according to a press release issued on Friday, Animoca will hold a majority […]
Ex chief of Russia’s Wex crypto exchange apprehended in Poland
The exchange was previously known as BTC-e, but its name was changed to WEX in 2017 because it encountered legal complications. Dmitry Vasiliev, the former CEO of the Russian cryptocurrency exchange Wex , has been detained in Warsaw, Poland, according to reports from the BBC Russian service. Back in the early days of the cryptocurrency […]
Texas and New Jersey regulators files lawsuit against Celsius Network
The Texas Securities Commission will look into claims that Celsius Network is offering and selling securities that are not registered or permitted in Texas, and is not registered as a broker-dealer under the state’s Securities Act. After a hearing, the Texas State Securities Board may require Celsius Network to stop offering securities registered with the […]
Automated market maker MonoX raises $5M to launch single-token liquidity pools
The automated market maker MonoX is now in beta development and is expected to go live in Q3 of 2021, according to the company. MonoX , an automated market maker, today announced a $5 million capital investment from venture capital firms including Axia8 Ventures, Animoca Brands, and Divergence Ventures, among others. The funds were raised […]
Bybit crypto suspends operations in South Korea
A prominent cryptocurrency exchange in South Korea, Bybit is closing its doors as a result of the impending regulatory deadline in the country. Following the expiration of a license, Bybit , one of the world’s most prominent cryptocurrency derivatives exchanges, will temporarily suspend certain of its services to South Korean users. Earlier this week, the […]