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Gaming Giant Nexon America Starts Accepting Bitcoin, Ethereum For In-Game Purchases
16.12.2021
Nexon America, an online gaming company and a subsidiary of the South Korean gaming giant Nexon, announced Tuesday that it has started accepting a number of crypto assets for in-game purchases as part of a deal with major crypto payment processor BitPay....
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Nexon Hodls Despite Chalking Up 40% of its USD 100M Bitcoin Buy as Loss
2.7.2021
The crypto-keen South Korean gaming giant Nexon is continuing to hold its bitcoin (BTC) - even though it has written off some 40% of the money it spent on a groundbreaking USD 100m BTC purchase just months ago as a loss.
In an official release, Nexon said that, going forward, it would reassess...
BOJ’s Kuroda Criticizes Bitcoin — Central Bank Governor Says Trading Is ‘Barley Used for Settlement’
28.5.2021
Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BOJ’s Kuroda Says Bitcoin ‘Volatility...
Japan’s Gaming Giant Nexon Buys 1,717 Bitcoins — Company Says BTC ‘Offers Long-Term Stability and Liquidity’
28.4.2021
Japanese gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million. The company believes “bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.” Japan’s Nexon Buys Bitcoin Major gaming company Nexon...
Japanese gaming giant Nexon invests $100M into Bitcoin
28.4.2021
The online games and virtual world creator has snapped up 1,717 Bitcoin for $58,226 each as it believes the cryptocurrency offers “long-term stability and liquidity.”
Gaming Giant Nexon Spends USD 100M on Bitcoin
28.4.2021
South Korean listed gaming behemoth, Nexon, said it acquired BTC 1,717 for around USD 100m, paying on average USD 58,226 per BTC, inclusive of fees and expenses.
This purchase represents less than 2% of Nexon’s total cash and cash equivalents on hand (as of December 2020), they added.
"Our...
Nexon Is Investing $1.5 Billion In Konami, Sega, Namco Bandai, And More
30.3.2021
This week, Nexon announced that last year the company greenlit up to $1.5 billion worth of investments in Konami Holdings, Bandai Namco Holdings, Sega Sammy Holdings, and Hasbro.Read more
Final Fantasy XI Reboot Cancelled After Six Years Of Nothingness
24.3.2021
You will probably not remember this, but back in 2015, Nexon and Square Enix announced a mobile version of Final Fantasy XI that was due for release in 2016. It did not come out in 2016, or 2017, or 2018, or 2019, or 2020, and now will never be coming out, since it’s finally been put out of...
Report: Mobile Game Final Fantasy XI R Has Been Canceled
23.3.2021
For the past few years, Square Enix has been co-developing mobile Final Fantasy XI R with Nexon. The game was dubbed an “MMMRPG” or “Massively Multiplayer Mobile RPG.” But now, apparently, it’s no more.Read more
South Korean gaming conglomerate Nexon denies plans to acquire Bithumb
11.1.2021
Reports last week had claimed that Nexon was poised to acquire the exchange at an evaluated price of roughly $460 million
South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million
8.1.2021
Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman...
Bitstamp, Korbit Crypto Exchange Buyer Nexon Sells Blockchain R&D Arm
1.12.2020
South Korean gaming giant Nexon, the buyer of the Bitstamp and Korbit crypto exchanges, has reportedly sold one of its most important blockchain subsidiaries – with some experts claiming the move may point to a shift in focus for the gaming firm and its owner Kim Jong-ju, as he moves away from...