BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
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 game blockchain Oasys to jointly explore the feasibility of using user contributions to develop new games on the Oasys blockchain.
Nearly 100 Countries are Developing their CBDC by July - IMF
According to the International Monetary Fund (IMF) report, as of July 2022, nearly 100 central bank digital currencies (CBDCs) are in the research or development stage around the world.
Nigerian Blockchain Firm Bitmama Closes $2 Million Pre-Seed Funding Round
Bitmama said the founding round will enable it to open up the continent to more investment and financial opportunities accessible to users.
DigiFT and Diners Club complete redemption of the first regulatory-compliant corporate note security token
DigiFT will mint 100 NFTs to commemorate its inaugural security token listing.
Singapore Regulator Bans Crypto Ads on F1 Tracks
According to the Wall Street Journal, Singapore’s financial regulator Monetary Authority of Singapore(MAS) told F1 organizers that it would ban Crypto.com ads from appearing on the track.
Metadee Launches 5 Volumes of the World's Oldest Quran Manuscript NFT
UK-based NFT marketplace Metadee has announced plans to sell all five volumes of the oldest currently handwritten Quran manuscript in NFT.
Singapore's Whampoa Group Raises $50M for Crypto Hedge Funds
According to Bloomberg, Singapore-based asset management firm Whampoa Group plans to raise $50 million for a crypto hedge fund and has announced plans to set up a venture capital fund to invest in digital assets.
Revolving Games Raises a $13.2M Seed Round to Build AAA-level Web3 Games
Mobile free-to-play developer Revolving Games, which has raised $13.2 million in seed funding, plans to double down on Web3 gaming.
MicroStrategy to Sell $500 million in Stock Shares to Buy More Bitcoin
Nasdaq-listed business intelligence and software firm, MicroStrategy Incorporated said it would sell up to $500 million in Class A stock to buy more bitcoin, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Friday, Bloomberg reported.
Blockchain.com Gets Regulatory Approval to Operate Crypto Exchange in Dubai
London-based crypto firm Blockchain.com announced Friday that it has received regulatory approval to operate its exchange in Dubai, a city in the United Arab Emirates (UAE).