It's an unprecedented move in world of DeFi, which aims to recreate lending and other financial services without the involvement of intermediaries like banks.
MoonPay is partnering with Universal Pictures, Fox and Snoop Dogg's Death Row Records, among other brands, to launch a new NFT platform called HyperMint.
The crypto market has been hit by a number of factors, ranging from the collapse of stablecoin terraUSD to questions of solvency at crypto lender Celsius.
NetEase and Blizzard's move comes at a tough time for China's gaming sector which is only just emerging for a months-long freeze of approvals from regulators.
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