๐Ÿš€ Blockchain gaming is here to stay! ๐ŸŽฎ

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    ๐Ÿš€ Blockchain gaming is here to stay! ๐ŸŽฎ

    TGIF, Geckos!

     

    Starting in August, Banco de Bogotรก, Colombia's first commercial bank, would allow bank customers to send and receive money via a Chilean cryptocurrency exchange Buda.com.

     

    Even though the service is set to launch later this month, Buda.com Colombia country manager Beltrรกn stated that both sides are still working out the contract's terms and conditions.

     

    The partnership was forged as part of a government-sponsored project to test banking services for crypto platforms, in which nine crypto businesses were chosen to participate, including Binance and Gemini.

     

    In today's news, Okcoin received licenses from several financial institutions, Synthetix turns on L2 alpha trading, and Horizon Blockchain Games raises $4.5 million in funding round.

     

    Read on!

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    Okcoin is OK to Proceed

     

    Okcoin announced on Thursday that it has received formal registration from the Netherlands central bank and "in principle" approval from the Malta Financial Services Authority for a virtual financial assets license.

     

    The exchange has also been granted a money transmitter license for the US territory of Puerto Rico.

     

    With these licenses, Okcoin CEO Hong Fang aims to continue the expansion of Okcoin in Europe, while adding payment rails and banking partnerships.

     

    Cointelegraph

    Kwenta's Getting Optimistic

     

    Synthetix (SNX), a decentralized derivatives and synthetic asset trading system, has begun trading on the Ethereum (ETH) layer two scaling platform Optimism.

     

    According to Synthetix protocol exchange Kwenta, trading on layer two would allow the exchange to deliver "blazing fast transaction speeds" and a 50X reduction in gas fees.

     

    The data gathered during this alpha launch and testing phase will allow the protocol to optimize synth trading on layer two and prepare for the beta launch, the announcement added.

     

    Cointelegraph

    Beyond The Horizon

     

    Horizon Blockchain Games, a development studio, has raised $4.5 million in investment.

     

    The pre-Series A was backed by investors including BITKRAFT Ventures, CMT Digital, The Xchange Company, Khaled Verjee, and Zyshan Kaba.

     

    Horizon is a part of Ubisoft's accelerator program, and it intends to formally launch two products this year: Skyweaver, a blockchain-based collectible card game, and Sequence, a suite of Ethereum development tools, thanks to the funding.

     

    TheBlockCrypto


    Nervos is making some big waves for developers this quarter! We are inviting devs to participate in beta testing some of our newly launched layer two solutions; Polyjuice, Godwoken, and the Force Bridge. We also have a Gitcoin Bounties campaign where devs can earn $CKB for completing tasks with these tools. Finally, the big news is that Nervos is about to launch a DEX on the platform called Yokai Swap and that too is open for beta testing through Autumn.

    Join Nervos Network Next Phase of Development With #AutumnIsForBuilding

    Distributed Ledger Technology (DLT)

     
    Describes the technology that enables distributed ledger. This term is mostly used in the context of enterprise use cases where different modes of distributed ledger technology can be used for different business needs.

     

    Learn about other Crypto terms here

    Here are the top trending coins for this week!

    NFT of the Day ๐Ÿ–ผ๏ธ


    Cunning Fox 14975


    Gallery: Cunning Foxes
     

    A proud fscked up member of the Cunning Fox Club. Unique ID: 14975/126080340406023037996801432107208195117


    Check out other NFTs on CoinGecko

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