
Betting giant Entain acquires FYX Gaming strategic partner Unikrn
The acquisition of Unikrn by Entain gives FYX, one of the most successful operators in the BSV ecosystem, direct links to one of the biggest iGaming companies in the world.
The acquisition of Unikrn by Entain gives FYX, one of the most successful operators in the BSV ecosystem, direct links to one of the biggest iGaming companies in the world.
Unikrn will incorporate CryptoFights into Unikrn Virtual, its proprietary gaming feature that uses historical esports match data to power a stream of content coupled with live betting markets.
Unikrn Virtual will utilize the in-game data created during real-life CryptoFights matches, all of which is recorded in real-time to the Bitcoin SV blockchain via FYX platform, as the basis for a selection of new streams and markets on its platform.
Even during the global economic downturn, esports' popularity surged to new highs, intensified by the restrictions imposed by the pandemic.
esports is one sector that stands to benefit from the massive scalability of blockchain powered by Bitcoin SV.
The U.S. securities regulator has reached a settlement with Seattle-based Unikrn Inc. over allegation it violated securities laws during the 2017 ICO craze.
Unikrn, an esports betting startup based in Seattle, has been slapped with a class action lawsuit by an investor who accused the company of breaching U.S. securities laws during its initial coin offering (ICO) in 2017.