news

Animoca Brands to consider listing on Hong Kong or Middle East stock markets as early as next year

Yat Siu, co-founder of NFT and blockchain game developer and investor Animoca Brands, said on June 26 that the company is "considering listing on Hong Kong and Middle East bourses as early as next year," according to Deinformation. "We have been in talks with investment banks to list, but we have not yet hired an advisor," he added. As of 2022, Animocha Brands is valued at approximately $5.9 billion. The company was previously listed on the Australian Securities Exchange (ASX) in 2015, but was delisted in 2020, citing a lack of accounting transparency due to a delay in filing financial audited reports. This is the company's second attempt to list on the stock market.

“Zhao Changpeng's release from prison could boost BNB and 5 other altcoins”

With former Binance CEO Changpeng Zhao set to be released from prison on September 29th (local time), BeInCrypto reports that five altcoins are likely to see an uptick in value. BNB is one of the most prominent coins expected to see price movement following Zhao's release from prison.

blockchain crypto cryptocurrency French Hill blame Gary Gensler (SpotedCrypto)

French Hill : “SEC's approach to regulating crypto firms will only confuse markets”

During a hearing on the Securities and Exchange Commission (SEC) held by the U.S. House of Representatives' Financial Services Committee on March 18 (local time), Congressman French Hill criticized SEC Chairman Gary Gensler's approach to regulating cryptocurrency companies, saying that it is causing confusion and uncertainty

blockchain crypto cryptocurrency us fed ratecut 50bp (SpotedCrypto)

US Fed 'big cuts' interest rates by 0.5 percentage point to bring inflation closer to target, considers another 50 basis point cut later in the year.

The US Federal Reserve's (Fed) Federal Open Market Committee (FOMC) announced in an official statement that it will cut its benchmark interest rate by 0.5%. This is the first rate cut in nearly four years. The Fed raised rates from March 2022 through July of last year.

Read next