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Celebrities promoting NFTS warned by TINA
Friday, August 19, 2022 by Brittany Hainzinger
An increasing number of celebrities are jumping on the NFT bandwagon, showcasing their digital assets on social media for the world to see. But are they just showing off or do they have a personal stake in the NFT and/or NFT company that they aren’t properly disclosing? Ad watchdog truthinadvertising.org (TINA.org) is seeking answers.
TINA.org has sent letters ...
Supercell increases stakes in Space Ape Games
Thursday, August 4, 2022 by Richard Harris
Supercell has invested an additional $37M to acquire a larger stake in mobile game developer and publisher Space Ape Games increasing its stake in the London studio from 62.6% to 75%. This is on top of their original $56.6M investment from 2017. They have also extended their line of credit by a further $50M, bringing Supercell’s total debt and equity inv...
Web3 gaming redefined by Souq
Tuesday, June 28, 2022 by Brittany Hainzinger
Businesses have become increasingly reliant on Web3 in 2022, though according to Bloomberg, Deutsche Bank predictions and Fed rate raises may signal a recession looms. In that case, CoinDesk adds that signs point to a continued and strong correlation between recession-trending stock markets and cryptocurrency performance.
Now more than ever, ownership of digital asse...
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