Animoca Brands Company Behind Sandbox Invests $1.5B in 302 Crypto Gaming Companies
According to a new report, Animoca Brands reported that it has invested $1.5 billion in cryptocurrency and blockchain gaming across 340 businesses.
A New Senate Bill Could See The End of SEC’s Vision on Most Crypto
Under a major new bill introduced by Senators Carol Lummis, Kirsten Gillibrand, the CFTC would take over as crypto’s primary regulator.
South Korea Looks to Hire Companies to Create Content For The Creation of The Metaverse
South Korea’s science and ICT ministry announced it will hire companies to participate in the 2022 Metaverse Content Creation Project. According to a ministry director, the project is being promoted in line with the country’s leading industry-leading metaverse strategy.
Illuvium – An NFT Game Sells $72 Million Worth of Digital Land
declared on Sunday that Illuvium, a game of monster-battle that uses non-fungible tokens and (NFTs), had raised more than $72 million in digital land sales.
Investors in Australia Have Lost over $80 Million in Crypto Scams Already This Year
According to Australia’s consumer watchdog, total cryptocurrency scam losses suffered by Australians in the first 4 months of 2018 were $81.5 million.
Gala Games Publishes It’s First NFT Game in Epic Games Store – GRIT
Gala Games’ GRIT is a Wild West-themed battle royale video game that will debut on the Epic Games Store. GRIT will include NFT items that are owned by users. NFT games have been banned by Rival Marketplace Steam.
Brad Garlinghouse CEO of Ripple Says Mergers and Buyouts Could be Coming Soon
Ripple Labs CEO Brad Garlinghouse visited the World Economic Forum in Davos. Garlinghouse talked about the company’s growth prospects and, despite the downturn in the crypto economy, he discussed future mergers and acquisitions.
The Investment Made by Bitfarms in Latam Could Fall Short Due to Price of Bitcoin
Bitfarms, a global Bitcoin mining company, stated that bitcoin’s price is the most important factor for the industry’s future. Bitfarm’s Latam General manager Damian Polla stated that countries such as Argentina, where Bitfarms currency building a Bitcoin mega-mining centre, are a good place for bitcoin mining companies because of different factors.
South Korea Goes Full Throttle on Crypto Investigations and Regulations
South Korea has announced the Digital Assets Committee. They also launched an investigation and met with Asia-Pacific financial officials.
Reserve Bank of India Says CBDCs Could Destroy Cryptocurrencies
T. Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI), says central bank digital currency could “kill any little case there might be” for cryptocurrencies like bitcoin and ether.
