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Animoca becomes largest validator of Telegram's TON blockchain

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Animoca Brands invests in Telegram’s TON blockchain protocol and becomes its largest validator as it eyes GameFi development on the platform. Web3 investment firm Animoca Brands is set to become the largest validator of Telegram’s TON (The Open Network) blockchain and plans to deliver blockchain -based games to the messaging app’s 800 million strong user base. An announcement shared with Cointelegraph outlined how the partnership will involve the provision of funding, research, and an analytics platform for third-party TON ecosystem applications.  The value of Animoca’s investment was not disclosed at the time of publishing, but part of the investment is understood to have been made directly into Toncoin, which has been staked as part of the validator agreement. Related: Animoca still bullish on blockchain games, awaits license for metaverse fund Animoca has carried out extensive market research on TON’s wider ecosystem focused on the platform’s ability to drive cryptocurrency and...

Square Enix announces auction dates for Symbiogenesis NFTs

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The company said Symbiogenesis NFTs will be auctioned off in three separate phases. Final Fantasy game developer Square Enix announced auction dates for its upcoming Symbiogenesis non-fungible tokens (NFTs). In a Nov. 24 social media post, the team said it would sell the NFTs in three batches. The first batch will be auction ed from Nov. 27-28, the second from Nov. 30-Dec. 4 and the third from Dec. 2 to Dec. 3. Symbiogenesis is Square Enix’s upcoming blockchain game that Features Ethereum-based NFTs. Starting next week, it's finally time for the start of the auction ! Phase 1: 11/27 12:00 - 11/28 11:59 (JST) Phase 2: 11/30 12:00 - 12/1 11:59 (JST) Phase 3: 12/2 12:00 - 12/3 11:59 (JST) More details herehttps://t.co/MFprrApwio#SYMBIOGENESIS — SYMBIOGENESIS -NFT Art&Game Project- | SQUARE ENIX (@symbiogenesisPR) November 24, 2023 According to the game’s documents, the first phase will include facet and mesh characters and will only allow “stakeholders” to participate. Thi...

WEMIX token plunges 70% after it's delisted by Korean exchanges

DAXA claimed that the circulating number of WEMIX exceeds what has been disclosed by Wemix, much to the chagrin of the issuers. South Korea’s largest crypto exchanges have announced they will delist WEMIX (WEMIX) — the native token of gaming company Wemade’s Blockchain platform Wemix — alleging the firm provided “false information” in response to an investment warning it was issued. Bithumb, Upbeat, Coinone, Korbit and Gopax — which are part of a collective called the Digital Asset eXchange Alliance (DAXA) — announced on Nov. 24 that they would terminate contract support for WEMIX (WEMIX), with trading set to end on Dec. 8. In the investment warning issued on Oct. 27, DAXA alleged that there was considerably more WEMIX in circulation than Wemix had disclosed, and Wemix had pledged to work with DAXA to alleviate these concerns. After news of the decision to delist broke, WEMIX Communication released a statement, claiming it had sincerely responded to requests and concerns raised by...