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Crypto

MetaBora Games to come under Ludicnova, Kakao Games and LINE Games set to join

The BORA ecosystem is shifting to a joint consultative decision-making structure in which multiple game and content companies discuss key business directions together. The BORA team said the shareholder of MetaBora Games, the ecosystem operator and token issuer, will change from MetaBora to Ludicnova Holdings. Kakao Games and LINE Games are expected to participate, with a total of 4 to 6 companies. The change will not affect existing BORA tokens or tokenomics.

Games & Commerce

Kakao Games restarts M&A with Metoon acquisition

Kakao Games, which has been selling non-core affiliates and stakes, has put mergers and acquisitions back at the centre of its growth strategy under new management. The company decided on Sept. 15 to spend about 98 billion won to acquire 39.56% of Metoon through a combination of secondary share purchases and a third-party share issue. Kakao Games will become Metoon’s largest shareholder and gain management control once the deal closes. It has also signalled further investment.

Games & Commerce

Kakao Games data leak expands to 243, additional 103 RINK users confirmed

Kakao Games said the number of people affected by a personal data leak rose to 243 from 140 after it confirmed an additional 103 RINK users were exposed while investigating the earlier incident. The company said there was no separate new attack and that the newly confirmed leaked data consisted of its own identification codes and some country codes. Kakao Games said it has blocked abnormal access routes and is investigating the cause with an external security firm.