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Today in Crypto: Epic Games Lists First NFT Game

16 September 2022
in Meta News
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The marketplace for Epic Games has listed its first NFT Web3 title, Mythical Games’ “Blankos Block Party,” a Coindesk report said Thursday (Sept. 15).

“Blankos Block Party” is a free multiplayer game that works with digital vinyl toys called Blankos, which are NFTs that can be bought, upgraded and sold in the game.

In other news, Coinbase Global is adding a scorecard for politicians in its app, after expressing frustration with lawmakers and regulators, Bloomberg reported Thursday.

American customers can check crypto sentiment scores for members of Congress, according to Coinbase CEO Brian Armstrong, and will be able to register to vote and find out about town hall events.

Meanwhile, Binance Labs, the venture capital arm of the crypto exchange, is upping its investment in Aptos Labs, a blockchain startup begun by those who worked on Meta’s failed stablecoin, a Bloomberg report said Thursday.

The investment is the result of the programming language the company has used to build its blockchain. The language is called Move and was supposed to power Meta’s now-nixed Diem.

Yi He, co-founder of Binance and the head of Binance Labs, says it’s an “opportunity to build the future” and cited Move’s efficiency and security as virtues.

Elsewhere, officials from the five leading EU nations think a digital euro should keep peoples’ details private, be environmentally friendly and possibly be subject to caps on holdings, Coindesk wrote citing a paper leaked to the website.

The European Central Bank is looking into whether or not to issue a digital currency, with a bill due next year. The paper says a digital euro “could play a vital role to strengthen the strategic autonomy of the European Union and to foster financial sector innovation.”

Meanwhile, Commodity Futures Trading Commission head Rostin Behnam says he’s directed the agency to prepare to be a regulator for large swathes of the crypto market, Coindesk wrote.

He’ll tell members of the Senate Agriculture Committee in testimony set for delivery on Thursday that the volatility in the market “emphasizes the immediate need for regulatory clarity and market protections.”

Finally, ether miners are seeing more losses after “the Merge” as they shift to lower-value cryptos like Ethereum Classic or Ravencoin, Bloomberg wrote.

Those tokens still operate under proof-of-work, which the Merge transitioned away from. Miners can still use graphic processing units to earn the coins, but because there are more miners, there are smaller rewards as they solve mathematical puzzles.

For all PYMNTS crypto coverage, subscribe to the daily Crypto Newsletter.

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https://www.pymnts.com/news/b2b-payments/2022/today-in-b2b-payments-3-firms-raise-funds-to-fuel-growth/partial/

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