Blockchain and gaming, a new way forward
A hearing of the Joint Economic Committee that was held in the United States, talked about the role a central bank digital currency, or CBDC for short and how it can improve the payment system for the country. Tim Massad who was a former chair of the Commodity Futures Trading Commission, referred to the current payment system as “slow” and “expensive”. Although he stated that stablecoins has its own type of issues, it is undeniable that CBDC has the potential to improve the financial services in the country.
Bitdeer Technologies Holding Company, a Singapore based company that focuses on Bitcoin mining, has announced that a definitive merger with Blue Safari Group Acquisition Corp has been agreed . The special purpose acquisition company went public in June, and the merged firm is expected to be renamed as Bitdeer Technologies Group, while retaining the NASDAQ stock market listing. While still subjected to a few conditions like regulatory clearances, Bitdeer could have an estimated corporate value of US$4 billion.
As we all know, the video game industry has been growing over the last few years with more players beginning to engage in it. With that in mind, a recent survey by software company Stratis have found that an increasing number of video game developers in the US and UK are turning to the blockchain technology for their endeavours. Out of the 197 game developers that did the survey, around 58% of these companies are increasingly going with this route. The future also looks optimistic as the participants who have yet to adventure into blockchain technology, 72% of them are considering it while 56% are intending to start next year.
Australian Baseball League club Perth Heat to pay players in bitcoin, as always avoid leverage and stay safe.
U.S. is not moving fast enough to develop a CBDC, says former CFTC chair
Tim Massad, who served as chair of the Commodity Futures Trading Commission till 2017, stated the United States is too sluggish in growing a plan to modernize its cost techniques.
In a Wednesday listening to of the Joint Economic Committee on the function of digital property in authorities, Massad said a central financial institution digital foreign money, or CBDC, may very well be one answer for the United States to enhance its present funds techniques, which he referred to as “slow” and “expensive.” In addition, the former CFTC chair stated whereas stablecoins may very well be used for this function, additionally they offered among the most pressing challenges for U.S. regulators and pose important dangers.
Bitcoin miner to go public on Nasdaq after $4B SPAC merger
Bitdeer Technologies Holding Company, a Singapore-based Bitcoin (BTC) mining corporation, has announced that it has entered into a definitive merger agreement with Blue Safari Group Acquisition Corp. to combine the businesse of Blue Safari and the miner.
According to the announcement, the two firms are expected to merge and be renamed Bitdeer Technologies Group, retaining the NASDAQ stock market listing.
Video game developers are increasingly using blockchain
According to a recent survey in the US and UK, video game developers are increasingly using blockchain technology as we read more about our blockchain news.
A survey by software company Stratis found that around 58% of UK and US video game developers are increasingly using blockchain technology for their endeavors, and 47% of NFTs are integrating their game into their endeavors. The survey interviewed 197 video game developers in the UK and the US. In addition to those already using NFT and blockchain, the rest of the participants were optimistic as 72% said they would consider using them to develop new games, with 56% intending to do so next year.
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