Month: September 2022

Gaming Giant Square Enix Joins Oasys in Developing Blockchain Games

On September 12, Square Enix, a Japanese game development company, announced that it has joined the blockchain game startup Oasys to jointly explore the feasibility of using user contributions to develop new games on the Oasys blockchain. Square Enix will be the last major game publisher to join the Oasys blockchain, focusing on creating better experiences and shaping blockchain gaming. Square Enix, a global entertainment company, has released more than 173 million Final Fantasy games. Square Enix announced in its first-quarter earnings report this year that it plans to launch…

Central Bank of China Calls for Increasing Use of Digital Yuan – Finance Bitcoin News

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The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers. China’s Central Bank Insists on Expanding Digital Yuan Environment The monetary policy regulator of China has called for improving the integration between the digital yuan (e-CNY) system and traditional tools for electronic payments. The People’s Bank of China (PBOC) says this will increase convenience for users of its central…

Norwegian central bank uses Ethereum to build national digital currency

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The central bank of Norway has hit a major milestone in digital currency efforts, releasing the open source code for the country’s central bank digital currency (CBDC) sandbox. Available on GitHub, the sandbox is designed to offer an interface for interacting with the test network, enabling functions like minting, burning and transferring ERC-20 tokens, the Norges Bank’s official CBDC partner Nahmii said in a blog post. Nahmii stressed that the current version of the code does not support the major Ethereum wallet MetaMask by design and is only privately accessible…

This Bitcoin Mining Capsule Can Make You $124,000 A Month

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Indian authorities unfreeze millions in locked WazirX bank accounts

The Enforcement Directorate of India (ED) unfroze the bank accounts of the Indian crypto exchange WazirX, according to a statement from the exchange released on Sept. 12. WazirX says it has been cooperating with local authorities during their anti-money laundering (AML) investigation by providing all of the necessary documents and details requested. The investigation targeted 16 fintech companies and instant loan apps, some of which solicited services from the exchange. The exchange, however, said it has a no-tolerance stance towards any illegal activities on the platform. Additionally, it said that…

The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week

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Bitcoin (BTC) starts a pivotal week on a firm footing as bulls succeed in wiping out weeks of losses. After closing the latest weekly candle at $21,800, its highest since mid-August, BTC/USD is back on the radar as a long bet. The end to an extended period of downside interspersed with sideways price action now appears firmly at an end, with volatility expected to form a major theme in the coming days. In fact, few weeks in Bitcoin’s history have been as hectic as this one is likely to be.…

Interoperability in the Blockchain — What Is It and How Does It Work?

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We’ve all equated decentralization with the blockchain by now, which makes perfect sense as one of the main characteristics of blockchain technology is its decentralized nature. However, with decentralization comes a lot of uncertainty. How can different blockchains connect? Can we find anything universal about them? It is clear that there are many dilemmas here, which is why blockchain interoperability has become a hot topic in the last few years. This phenomenon is bound to have a profound impact on the crypto sphere and beyond and will undoubtedly lead to…