Bitcoin rewards app Fold to go public on Nasdaq via SPAC deal

In less than a week, Animoca Brands has acquired two major video games publishers: Eden Games and Darewise Entertainment. 275 Total views 18 Total shares Animoca Brands, the parent company of The Sandbox, added Eden Games to its portfolio on Tuesday. Eden Games is a publisher of popular racing games including the Gear.Club and Test Drive series. Animoca…

The regulatory body asserts that the defendants managed to entice over 14,000 individuals by creating false weekly returns. 693 Total views 4 Total shares Legal proceedings have been initiated by the Commodity Futures Trading Commission (CFTC) against individuals and their organization, Fundsz, citing their involvement in a deceptive scheme concerning cryptocurrencies and precious metals trading.Rene…

The United Kingdom’s Advertising Standards Authority, or ASA, has ruled to place an official ban on two mobile application advertisements from popular trading platform Crypto.com which promoted the ease of purchasing cryptocurrencies such as Bitcoin, as well as earning yield rewards on digital assets.Gaining notoriety within the industry for their strict legislation on the proposed…

The company behind The Sandbox continues to attract sizable investments as it eyes new acquisitions in the play-to-earn and metaverse sectors. 60 Total views 1 Total shares Blockchain gaming and venture studio Animoca Brands has closed another strategic funding round, giving the company additional resources to expand its acquisition targets in the metaverse sector. The company…

Overstock shares soared by 21 percent in after-hours trading following news that Hong Kong-based private equity firm GSR Capital will invest up to $270 million in tZERO, an Overstock blockchain subsidiary, CNBC reported Aug. 9. The two companies signed a deal wherein GSR Capital will invest up to $374.55 million in exchange for tZERO and…

A group of United States congressmen has requested that Lawrence Kudlow, the director of the National Economic Council, hold a blockchain forum, in a letter published on May 24.A group of seven congressmen, including Trey Hollingsworth, Darren Soto, Bill Foster, Tom Emmer, Ted Budd, Josh Gottheimer, and David Schweikert, has submitted a request to hold…