Axie Infinity(AXS)

The Axie Infinity Price Prediction 2024 paints a promising picture for AXS, emphasising its unique play-to-earn model and robust governance structure. This insight attracts those currently seeking top crypto coins. Similarly, the bullish trajectory of Conflux (CFX) hints at its ascent in the cryptocurrency arena.  Amidst these developments, BlockDAG‘s $2 […]

Forget Decentraland’s rocky year and Axie Infinity’s recent wobble! Savvy crypto traders are flocking to a new DeFi project: Meme Moguls. This presale sensation promises to turn wide-eyed beginners into crypto masterminds. But is it all hype, or could MGLS be the next 100x price explosion? Decentraland’s MANA Coin: A […]

The cryptocurrency community has been abuzz with discussions surrounding a significant movement of $AXS, the native token of Axie Infinity, originating from the wallet of Simon Kim, CEO of Hashed, a prominent bitcoin venture fund.  The transaction involved the transfer of 455,831 AXS ($3.23 million) to Binance at a rate […]

Today saw Axie through a small increase following a steady recovery from a key level in the past weeks. It is forming a bullish on the lower timeframe but volume remains low at the moment. As most altcoins witnessed in the recent bullish cycle, AXS saw a notable recovery as […]

This weekend brings an interesting twist to the crypto market, with a notable prevalence of short positions over longs in a specific group of cryptocurrencies.  Notably, Axie Infinity ($AXS) and Bitcoin Cash ($BCH) defy the general trend, standing out as exceptions among traders who anticipate an imminent market bounce. In […]

Three tokens making headlines in the crypto market are Apecoin (APE), Axie Infinity (AXS), and Everlodge (ELDG). Each offers its own unique utility,

With its market cap of nearly $1.8 billion, SEI surpassed crypto assets like SAND, AXS, and FTM.

Ethereum’s superiority has shown over the last two months. The project’s value has spiked to over $2,300, and Ethereum’s daily trading volume has consistently hit over $10 billion across on-chain and centralized exchanges. Two projects that could be worth watching are Axie Infinity and Everlodge. A recent update could reignite the fire behind Axie Infinity, […]

[PRESS RELEASE – Singapore, Singapore, December 7th, 2023] Ronin by Sky Mavis, the largest ecosystem for Web3 games, is a secure and scalable EVM blockchain. Impossible Finance to deploy launchpad infrastructure on Ronin for Web3 game launches, aiming to advance blockchain gaming and NFT. Upcoming launches on the launchpad may require tokens like RON, AXS, […]

The volatility of the cryptocurrency market is well-known. Tokens like Axie Infinity (AXS) and NEAR Protocol (NEAR) show that volatility now, but one new ICO may be a game-changer. In fact, claims by some crypto millionaires state that Pullix (PLX) might be the trigger for the upcoming bull market. With […]

AXS/BUSD, CHZ/BUSD, FIL/BUSD, and USTC/BUSD are some of the trading pairs to be removed from Binance on November 24.

Bitcoin recaptured a key price level and a handful of altcoins look poised to breakout.

Cryptocurrency gaming tokens like Gala (GALA) and Axie Infinity (AXS) led the market this weekend as investors bet on a resurgence of blockchain-based games. Although major coins like Bitcoin (BTC) traded sideways, many gaming tokens saw double-digit percentage increases. Meanwhile, the newly launched presale token Meme Kombat (MK) aims to take advantage of the hype […]

Dogecoin (DOGE) and Axie Infinity (AXS) are struggling, but Everlodge is a new crypto that could be better. The platform makes it possible for people to buy and sell pieces of luxury vacation homes and villas. Visit the Everlodge Presale and Win a Luxury Holiday in the Maldives Dogecoin (DOGE) Price Declines Despite Strong Long-Term […]

Axie Infinity, Optimism, and Aptos are gearing up for token releases in October, collectively injecting over $130M into the market.

The convergence of gaming, gambling, and blockchain technology has given rise to a fascinating phenomenon: Play-to-Earn and Gambling projects, which are changing the face of digital entertainment and financial innovation. This fusion not only promises a new way to interact with games but also presents participants with ground-breaking potential to gain tangible benefits from their participation. Multiple initiatives that welcome both skilled players and risk-takers have emerged as a result of the draw of earning while playing and the excitement of gambling. In this article, we set out on a trip to discover the terrain dynamics where entertainment and money meet by carefully evaluating various projects, their underlying technology, and the unique perks they bring. Top Play-to-Earn and Betting Projects Dexsport Dexsport is an ultra-modern Web 3 cryptocurrency betting platform. The platform runs on BNB, Polygon, OKC, Avalanche, Arbitrium, and ETH blockchains, offering a secure and transparent betting process. Dexsport is designed to provide you with a secure and transparent environment for your gambling adventures. Powered by blockchain technology, Dexsport ensures that your transactions are fast, reliable, and anonymous, giving you peace of mind while you explore our wide range of crypto betting. Whether you're a seasoned gambler or new to the world of crypto gambling or crypto betting, Dexsport caters to players of all levels and also offers the best odds for its users. Last Chance Last Chance is a new-level hardcore isometric P2E shooter that invites you to become one of the special agents within an organization dedicated to combating the world's dangers and protecting new technology. In addition to being an addictive game, Last Chance can be played and earned. The added element of uncertainty makes Last Chance even more exciting as you can choose your strategy and become the leader! Within the game, you'll encounter two distinct categories of NFTs: heroes and weapons. Various NFT weapons and your character's unique abilities will allow you to effectively fight multiple enemies and emerge victorious from the most thrilling firefights. Exchange your NFTs, collect, upgrade, and trade them with your friends. Bspin.io In the fast-paced world of online iGaming, Bspin.io stands out as a trusted Bitcoin casino. The platform offers a diverse selection of casino games, from slots to table classics, all meticulously designed to provide endless hours of high-quality entertainment. What truly sets Bspin.io apart is its unwavering commitment to enhancing the user experience. Through innovative features like tournaments, loyalty programs, and exclusive promotions, the platform keeps players engaged and rewarded. With a strong focus on secure and transparent Bitcoin transactions, Bspin.io has established itself as a leader in the iGaming industry. Available in multiple languages, it is the ultimate destination for those seeking an elevated online iGaming experience. Flush Flush, a distinctive brand associated with King of Clubz B.V., licensed in Curaçao, distinguishes itself through a series of Unique Selling Points (USPs). Customers benefit from the convenience of instant deposits and withdrawals, along with the ability to directly purchase cryptocurrencies using credit/debit cards or platforms like Apple Pay and Google Pay. Notably, the platform does not require Know Your Customer (KYC) verification. Offerings from 35 top-tier game providers enrich the gaming experience. Flush presents an enticing bonus structure: a 100% bonus is granted for deposits ranging from $10 to $200, subject to a 30x wagering requirement, while a 150% bonus is extended for deposits ranging from $200 to $1000, with a 35x wagering requirement. The company often highlights a maximum bonus potential of up to $1500. In response to the demands of cryptocurrency enthusiasts, Flush has taken significant strides. The integration of stablecoins allows users to engage in gameplay without being subjected to market fluctuations. Additionally, Flush has expanded its compatibility by incorporating the Polygon network and the Binance Smart Chain (BSC). BTC Battles BTC Battles introduces a revolutionary social game, BTC Battles, on the Polygon network, fusing DeFi, Bitcoin, and prediction dynamics. This decentralized gaming experience eliminates reliance on centralized platforms, offering transparency and autonomy to participants. The game's premise is simple: Players predict the short-term Bitcoin price direction, and accurate predictions earn $MATIC-based rewards, freeing users from centralized corporations' constraints. In a swift 60-second timeframe, players forecast whether Bitcoin's price will rise or fall. Successful predictions yield $MATIC rewards based on predefined odds. Leveraging the Polygon network ensures transactions are conducted in $MATIC, amplifying the decentralization aspect. This game caters to crypto enthusiasts and decentralization proponents seeking engagement with DeFi ecosystems independent of centralized entities, making it an engaging and empowering experience. Iskra Iskra (ISK-USD) is a gaming platform that aims to become a hub for Web3 games, similar to platforms like Steam or the Epic Games launcher, but for blockchain-based games. This innovative concept has the potential for significant growth, paralleling the success of tokens like Axie Infinity (AXS-USD) and Illuvium (ILV-USD), despite the latter two offering only a single game. The recent downturn in the cryptocurrency market also presents an investment opportunity for emerging projects. Anticipating the resurgence of cryptocurrencies, the popularity of play-to-earn games is expected to rise due to enhanced rewards. The ISK token's potential for substantial gains is tied to successful game development and marketing, positioning it as a highly promising cryptocurrency. An upcoming event, the Iskra X Base Exclusive Clashmon Free Mint Airdrop, is set to take place. Also, Iskra offers an exclusive Mystery Box Free Mint event, ending on 2/9/2023, marked by the launch of ClashMon: Ignition. Additionally, Iskra is focusing on promoting Clashmon by highlighting its betting system for battles, where players can wager their "torch" and secure victory over opponents. Additionally For those looking to engage in gaming experiences at premier Australian online casinos, their search ends with Online Casinos Australia. The dedicated team of avid gamblers at Online Casinos Australia has meticulously compiled the ultimate resource tailored for Aussie players. They have scoured the vast expanse of the internet to curate a collection of the finest and most reputable gaming platforms, ensuring that the pursuit of a captivating and secure environment is met with success. Every piece of expert guidance and review provided by the team at Online Casinos Australia is offered freely and devoid of any bias, guaranteeing that the choice of an online casino is well-informed and aligned with individual preferences. Enthusiasts can delve into the comprehensive list of top online casinos thoughtfully assembled below, allowing for effortless comparison of diverse options and discovery of the array of bonuses that await exploration. Trust in Online Casinos Australia as the steadfast companion in navigating the realm of online gaming, ushering players toward rewarding and enjoyable experiences. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Cryptocurrency exchange Bitstamp announced it would end Ethereum (ETH) staking services to its US customers as of September 25. The exchange cited the US regulatory environment as a deciding factor. The Luxembourg-based cryptocurrency exchange Bitstamp announced it would end ETH staking services to its US customers on September 25. The exchange told Blockworks it would shutter staking services due to the US regulatory environment. Bitstamp Cites Uncertain US Regulatory Environment In a statement, Bitstamp US CEO Bobby Zagotta said: “As a result, US customers will stop receiving staking rewards. All other Bitstamp services will remain unaffected.” He continued to say, “Customers will continue earning staking rewards up until September 25, 2023, and after that, all staked assets will be unstaked. Rewards, along with the principal, will be credited to users’ main Bitstamp account balances. Typically, this process takes a few days but could be extended depending on network conditions.” Zagotta explained the uncertain regulatory environment in the US motivated the exchange’s decision to discontinue staking services. He noted that “as one of the most regulated and trusted exchanges in the world, we have a comprehensive framework in place to continuously evaluate the services we support, taking into account the evolving regulatory environment in all jurisdictions in which we operate.” Further stating: “Considering current regulatory dynamics in the US, we’ve made the decision to discontinue staking for customers residing in the United States.” Staking Controversy Continues Staking services in the US have been a topic of considerable controversy recently. The US Securities and Exchange (SEC) came down on Kraken in February when it alleged the exchange failed to register its staking service as an unregistered offering. The SEC argued Kraken’s staking program was an unlawful offer and sale of securities. In a settlement, Kraken agreed to shutter its staking program. The securities agency famously sued Coinbase in June, alleging it offered and sold unregistered securities through its staking service. Under intensified pressure from the SEC, Bitstamp recently announced that it would suspend trading for several cryptocurrencies that the SEC identified as securities in its lawsuit against Coinbase and Binance. Bitstamp said: “Update for our US users Starting August 29: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Cryptocurrency exchange Bitstamp announced it would end Ethereum (ETH) staking services to its US customers as of September 25. The exchange cited the US regulatory environment as a deciding factor. The Luxembourg-based cryptocurrency exchange Bitstamp announced it would end ETH staking services to its US customers on September 25. The exchange told Blockworks it would shutter staking services due to the US regulatory environment. Bitstamp Cites Uncertain US Regulatory Environment In a statement, Bitstamp US CEO Bobby Zagotta said: “As a result, US customers will stop receiving staking rewards. All other Bitstamp services will remain unaffected.” He continued to say, “Customers will continue earning staking rewards up until September 25, 2023, and after that, all staked assets will be unstaked. Rewards, along with the principal, will be credited to users’ main Bitstamp account balances. Typically, this process takes a few days but could be extended depending on network conditions.” Zagotta explained the uncertain regulatory environment in the US motivated the exchange’s decision to discontinue staking services. He noted that “as one of the most regulated and trusted exchanges in the world, we have a comprehensive framework in place to continuously evaluate the services we support, taking into account the evolving regulatory environment in all jurisdictions in which we operate.” Further stating: “Considering current regulatory dynamics in the US, we’ve made the decision to discontinue staking for customers residing in the United States.” Staking Controversy Continues Staking services in the US have been a topic of considerable controversy recently. The US Securities and Exchange (SEC) came down on Kraken in February when it alleged the exchange failed to register its staking service as an unregistered offering. The SEC argued Kraken’s staking program was an unlawful offer and sale of securities. In a settlement, Kraken agreed to shutter its staking program. The securities agency famously sued Coinbase in June, alleging it offered and sold unregistered securities through its staking service. Under intensified pressure from the SEC, Bitstamp recently announced that it would suspend trading for several cryptocurrencies that the SEC identified as securities in its lawsuit against Coinbase and Binance. Bitstamp said: “Update for our US users Starting August 29: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Amidst an ongoing downtrend, Neo (NEO) and Axie Infinity (AXS) continue to engage in developmental activities to improve their price performances. Likewise, VC Spectra (SPCT) has been maintaining an impressive presale performance proving its high potential to investors. The token has started yielding profits despite still being in presale. As a result, VC Spectra (SPCT) […]

Beyond traditional financial assets, the cryptocurrency world has now branched out to include the gaming industry. Gaming tokens, referred to as "play-to-earn" tokens, have drawn a lot of attention since they combine investment and enjoyment. This article examines three gaming tokens that have the potential to add value to your cryptocurrency portfolio: Axie Infinity (AXS), Gala Games (GALA), and Pomerdoge (POMD). Click Here To Find Out More About The Pomerdoge (POMD) Presale Axie Infinity (AXS): Pioneering NFT Gaming Revolution Starting off, Axie Infinity (AXS) has gained notoriety for its brilliant fusion of blockchain and NFT technologies. At its foundation, the game gives players the ability to gather, raise, and fight against fantastical beings known as "Axies." Additionally, these Axies have been painstakingly tokenized as NFTs, giving them inherent valuethat players may trade and sell with ease. This idea is supported by the ground-breaking play-to-earn paradigm. This enables users to make money by actively engaging in battles and quests. As a result, it leads to a ground-breaking fusion of gaming and investment. Furthermore, Axie Infinity's value has dramatically increased, drawing in both investors and gamers. As a result, Axie Infinity offers an enticing opportunity for diversifying your cryptocurrency portfolio due to its strong potential for future expansion and integration. Gala Games (GALA)- Empowering Game Development Democracy By introducing player and creator empowerment, the creative force known as Gala Games (GALA) is unwaveringly committed to reshaping the game business landscape. Gala Games expands a platform where users can intricately participate in creating and owning games thanks to blockchain technology. Consequently, the GALA token is the key to this dynamic since it allows for easy transactions and interactions between players and creators. Moreover, Gala Games stands out for its unwavering dedication to decentralization and community involvement. Thereby, giving developers the power to maintain creative liberty and ownership of their video game creations. Because of Gala Games' unusual commitment to user-centricity, it stands out in a sea of gaming tokens. As a result, it is enticing to both gamers and astute investors. Pomerdoge (POMD) To Surpass Axie Infinity and Gala Games As Axie Infinity and Gala Games are stagnating, Pomerdoge is expected to increase 10x in the next month, according to analysts. The complex environment that Pomerdoge is creating will house NFTs, POMD tokens, a marketplace and an exciting play-to-earn (P2E) gaming platform. Therefore, these components combine to provide an engaging and satisfying experience that draws crypto aficionados from all over the world. Players from all over the world will be able to compete and converse on the P2E game's platform. As a result, the Pomerdoge P2E game merges enjoyment and earning potential by giving players the chance to earn prizes while having fun. Pomerdoge is creating Pomerplace, an in-game marketplace that lets players earn incentives by purchasing, reselling, and exchanging items. This thriving ecosystem revolves around the Pomerdoge meme coin, or POMD. This utility token makes all platform transactions possible. Subsequently it also gives owners real utility and the chance to earn rewards through staking. Meanwhile, POMD tokens are selling for just $0.008 during the first stage of the presale. You now have the chance to integrate into this thriving ecosystem. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Beyond traditional financial assets, the cryptocurrency world has now branched out to include the gaming industry. Gaming tokens, referred to as "play-to-earn" tokens, have drawn a lot of attention since they combine investment and enjoyment. This article examines three gaming tokens that have the potential to add value to your cryptocurrency portfolio: Axie Infinity (AXS), Gala Games (GALA), and Pomerdoge (POMD). Click Here To Find Out More About The Pomerdoge (POMD) Presale Axie Infinity (AXS): Pioneering NFT Gaming Revolution Starting off, Axie Infinity (AXS) has gained notoriety for its brilliant fusion of blockchain and NFT technologies. At its foundation, the game gives players the ability to gather, raise, and fight against fantastical beings known as "Axies." Additionally, these Axies have been painstakingly tokenized as NFTs, giving them inherent valuethat players may trade and sell with ease. This idea is supported by the ground-breaking play-to-earn paradigm. This enables users to make money by actively engaging in battles and quests. As a result, it leads to a ground-breaking fusion of gaming and investment. Furthermore, Axie Infinity's value has dramatically increased, drawing in both investors and gamers. As a result, Axie Infinity offers an enticing opportunity for diversifying your cryptocurrency portfolio due to its strong potential for future expansion and integration. Gala Games (GALA)- Empowering Game Development Democracy By introducing player and creator empowerment, the creative force known as Gala Games (GALA) is unwaveringly committed to reshaping the game business landscape. Gala Games expands a platform where users can intricately participate in creating and owning games thanks to blockchain technology. Consequently, the GALA token is the key to this dynamic since it allows for easy transactions and interactions between players and creators. Moreover, Gala Games stands out for its unwavering dedication to decentralization and community involvement. Thereby, giving developers the power to maintain creative liberty and ownership of their video game creations. Because of Gala Games' unusual commitment to user-centricity, it stands out in a sea of gaming tokens. As a result, it is enticing to both gamers and astute investors. Pomerdoge (POMD) To Surpass Axie Infinity and Gala Games As Axie Infinity and Gala Games are stagnating, Pomerdoge is expected to increase 10x in the next month, according to analysts. The complex environment that Pomerdoge is creating will house NFTs, POMD tokens, a marketplace and an exciting play-to-earn (P2E) gaming platform. Therefore, these components combine to provide an engaging and satisfying experience that draws crypto aficionados from all over the world. Players from all over the world will be able to compete and converse on the P2E game's platform. As a result, the Pomerdoge P2E game merges enjoyment and earning potential by giving players the chance to earn prizes while having fun. Pomerdoge is creating Pomerplace, an in-game marketplace that lets players earn incentives by purchasing, reselling, and exchanging items. This thriving ecosystem revolves around the Pomerdoge meme coin, or POMD. This utility token makes all platform transactions possible. Subsequently it also gives owners real utility and the chance to earn rewards through staking. Meanwhile, POMD tokens are selling for just $0.008 during the first stage of the presale. You now have the chance to integrate into this thriving ecosystem. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

In a major decision taken on the 8th of August, Bitstamp has announced that it would suspend trading for several cryptocurrencies identified as securities by the SEC in cases against Binance and Coinbase. The impacted tokens will no longer be available to trade by the end of August. Bitstamp Moves To Suspend Tokens According to the announcement, several prominent cryptocurrencies will soon be blocked, rendering US-based users unable to trade them. These include Axie Infinity (AXS), Decentraland (MANA), Chiliz (CHZ), Near Protocol (NEAR), Polygon (MATIC), The Sandbox (SAND), and Solana (SOL). As per the company’s announcement, after delisting the above-mentioned cryptocurrencies, the platform will offer only 30 listed cryptocurrencies. The cryptocurrency exchange urged users to execute all trades involving these tokens by the 29th of August, following which they will become unavailable. “Update for our US users Starting the 29th of August: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” According to the exchange, US trading of the tokens will be permanently disabled after the 29th of August. However, customers can still withdraw and hold the tokens after the date. “We kindly request our users to promptly execute any desired buy or sell orders involving the affected assets before the 29th of August, 2023. After this deadline, trading activities related to AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL will be permanently disabled on the Bitstamp platform.” “Recent Developments” Led To Decision The announcement pointed at recent market developments as the reason behind the suspension of trading of the cryptocurrencies mentioned. While the firm did not provide a concrete reason, all of the tokens mentioned in the announcement have been alleged to be unregistered securities by the United States Securities and Exchange Commission (SEC). The Securities and Exchange Commission identified the cryptocurrencies in question as unregistered securities in separate complaints against Binance and Coinbase. However, Bitstamp has not delisted other assets mentioned in the cases against Binance and Coinbase. These assets include Nexo (NEXO), Algorand (ALGO), and Cardano (ADA). Other Platforms Have Also Delisted Assets The allegations against the tokens made by the Securities and Exchange Commission have yet to be proven in a court of law. However, other platforms have voluntarily delisted specific assets mentioned by the SEC in the cases. In recent months, several platforms, including Bakkt, Robinhood, and Revolut, have delisted Polygon (MATIC), Cardano (ADA), and Solana (SOL). The platforms seem to have delisted these three cryptocurrencies because they are among the largest assets which the SEC targets. Following the developments, projects such as The Sandbox have also started mandating Know Your Customer (KYC) verification for SAND staking. According to the SEC, a total of 68 cryptocurrencies are unregistered securities. Crypto Projects Reject Claims However, cryptocurrency projects have repeatedly rejected the claims made by the Securities and Exchange Commission, either directly or indirectly. The Solana Foundation, in a statement, has said that it categorically disagrees with the SEC’s observations. Cardano’s parent company IOHK has also denied ADA’s security status. Meanwhile, Polygon Labs has said its operations were focused outside the US, beyond the reach and jurisdiction of the SEC. From the looks of things, it appears that actions taken around the assets in question are precautionary, and it remains to be seen if the SEC will take any action against the tokens or platforms in the future. SEC Action Against BinanceAnd Coinbase The Securities and Exchange Commission’s suits against Coinbase and Binance have led to an uncertain future for major listed tokens. The regulatory body’s two lawsuits against the crypto exchanges in question have cast a long shadow on the 19 tokens mentioned in both filings. The SEC has accused Binance and Coinbase of offering unregistered securities to the public through their respective platforms. The suit once again brings into focus lingering questions about whether cryptos are a security, commodity, or otherwise. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In a major decision taken on the 8th of August, Bitstamp has announced that it would suspend trading for several cryptocurrencies identified as securities by the SEC in cases against Binance and Coinbase. The impacted tokens will no longer be available to trade by the end of August. Bitstamp Moves To Suspend Tokens According to the announcement, several prominent cryptocurrencies will soon be blocked, rendering US-based users unable to trade them. These include Axie Infinity (AXS), Decentraland (MANA), Chiliz (CHZ), Near Protocol (NEAR), Polygon (MATIC), The Sandbox (SAND), and Solana (SOL). As per the company’s announcement, after delisting the above-mentioned cryptocurrencies, the platform will offer only 30 listed cryptocurrencies. The cryptocurrency exchange urged users to execute all trades involving these tokens by the 29th of August, following which they will become unavailable. “Update for our US users Starting the 29th of August: AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL trading will be halted after evaluating recent market developments. Execute any open trades. Holding and withdrawing tokens afterwards will be unaffected.” According to the exchange, US trading of the tokens will be permanently disabled after the 29th of August. However, customers can still withdraw and hold the tokens after the date. “We kindly request our users to promptly execute any desired buy or sell orders involving the affected assets before the 29th of August, 2023. After this deadline, trading activities related to AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL will be permanently disabled on the Bitstamp platform.” “Recent Developments” Led To Decision The announcement pointed at recent market developments as the reason behind the suspension of trading of the cryptocurrencies mentioned. While the firm did not provide a concrete reason, all of the tokens mentioned in the announcement have been alleged to be unregistered securities by the United States Securities and Exchange Commission (SEC). The Securities and Exchange Commission identified the cryptocurrencies in question as unregistered securities in separate complaints against Binance and Coinbase. However, Bitstamp has not delisted other assets mentioned in the cases against Binance and Coinbase. These assets include Nexo (NEXO), Algorand (ALGO), and Cardano (ADA). Other Platforms Have Also Delisted Assets The allegations against the tokens made by the Securities and Exchange Commission have yet to be proven in a court of law. However, other platforms have voluntarily delisted specific assets mentioned by the SEC in the cases. In recent months, several platforms, including Bakkt, Robinhood, and Revolut, have delisted Polygon (MATIC), Cardano (ADA), and Solana (SOL). The platforms seem to have delisted these three cryptocurrencies because they are among the largest assets which the SEC targets. Following the developments, projects such as The Sandbox have also started mandating Know Your Customer (KYC) verification for SAND staking. According to the SEC, a total of 68 cryptocurrencies are unregistered securities. Crypto Projects Reject Claims However, cryptocurrency projects have repeatedly rejected the claims made by the Securities and Exchange Commission, either directly or indirectly. The Solana Foundation, in a statement, has said that it categorically disagrees with the SEC’s observations. Cardano’s parent company IOHK has also denied ADA’s security status. Meanwhile, Polygon Labs has said its operations were focused outside the US, beyond the reach and jurisdiction of the SEC. From the looks of things, it appears that actions taken around the assets in question are precautionary, and it remains to be seen if the SEC will take any action against the tokens or platforms in the future. SEC Action Against BinanceAnd Coinbase The Securities and Exchange Commission’s suits against Coinbase and Binance have led to an uncertain future for major listed tokens. The regulatory body’s two lawsuits against the crypto exchanges in question have cast a long shadow on the 19 tokens mentioned in both filings. The SEC has accused Binance and Coinbase of offering unregistered securities to the public through their respective platforms. The suit once again brings into focus lingering questions about whether cryptos are a security, commodity, or otherwise. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

LOS ANGELES, United States, August 8th, 2023, ChainwireXsolla, a global video game commerce company, and global cryptocurrency platform Crypto.com have announced a partnership for the integration of Crypto.com’s checkout solution into Xsolla's Pay Station platform.This transformative integration of Crypto.com Pay represents a significant advancement in the gaming industry and creates new possibilities for game developers and players, enabling them to accept cryptocurrency payments and streamline transactions in a user-friendly and secure manner for a universally enhanced experience. This pivotal update broadens the horizon for digital payment methods, offering players more diverse and preferred transaction options in digital and metaverse environments. This collaboration also marks a significant step for Crypto.com in building its presence and network across the gaming industry.“There is significant potential in the convergence of gaming and Web3,” said Eric Anziani, President and Chief Operating Officer of Crypto.com. “By partnering with a global gaming leader like Xsolla and leveraging our respective assets and expertise, we are helping make that potential a reality - giving developers, publishers, and players a seamless way to engage and create value in the crypto economy.”Xsolla's Pay Station, which facilitates in-game purchases across 200+ regions and countries using a variety of compliant payment providers, is enhancing its service with the integration of Crypto.com Pay. This forthcoming development promises to expand the reach of developers and publishers, enabling them to engage a more diverse player base and tap into new, dynamic markets and revenue streams."We are thrilled about this partnership with Crypto.com and the significant integration of Crypto.com Pay into our Pay Station platform. The gaming industry is rapidly evolving, and we must adapt to meet those changes. The integration of cryptocurrencies as a form of payment offers game developers and players an innovative payment solution that aligns with the global shift towards digital currencies," said Chris Hewish, CEO of Xsolla. "Our collaboration with Crypto.com marks a pivotal moment for the gaming industry, paving the way for a more inclusive and secure gaming ecosystem."“We are tremendously excited to take this first step with Xsolla as part of a broader collaboration initiative in Korea and on a global level,” said Patrick Yoon, General Manager of Crypto.com Korea. “We look forward to continuing to work with Xsolla in developing and advancing payment ecosystems and digital asset adoption.”For more information about Crypto.com Pay and Pay Station, please visit: xsolla.pro/cryptocomAbout XsollaXsolla is a global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla's mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in Berlin, Seoul, Beijing, Kuala Lumpur, Tokyo, and cities around the world, Xsolla supports major gaming titles like Valve, Twitch, Roblox, Ubisoft, Epic Games, Take-Two, KRAFTON, Nexters, NetEase, Playstudios, Playrix, miHoYo, and more.For additional information and to learn more, please visit: xsolla.comAbout Crypto.comFounded in 2016, Crypto.com is trusted by more than 80 million customers worldwide and is the industry leader in regulatory compliance, security, and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.Learn more at crypto.comContactGlobal Director of Public RelationsDerrick [email protected]