Blockchain News
Microsoft Will Turn Retro Gamebook Into A Blockchain Card Game

Microsoft will bring an old gamebook back to life as a result of the latest partnership with Eidos and Fabled Lands. The three companies will bring the popular 1980s gamebook back to life by creating a blockchain card game as we are reading in the blockchain news today.
Eidos is a major game developer and the Fabled Lands is a gamebook company that will be cooperating with Microsoft to create the new blockchain card game. According to a press release, the new card game will be based on the best-selling book named ‘’The Way of The Tiger’’ initially written by Jamie Thomson and Mark Smith. The game will be named ‘’Arena of Death’’ and the players can fight the fantasy-themed card battles and features from the original gamebook series.
Thomson is the Fabled Land’s chief executive officer and he was the one who decided to use blockchain technology because he believes that it suits the needs he has in order to achieve a better version of the traditional videogame. He said:
“We were going to relaunch the series into a computer game format but this new technology (blockchain), just made more sense. Imagine playing Magic the Gathering but knowing if you owned a card, it really does belong to you. Or if we say there are only 100 editions of an item or skill, you know there really are only 100 editions.”
The company plans to use non-fungible tokens on the VeChain blockchain that was associated with the enterprises and supply chain management in order to ensure ownership of the in-game assets. VeChain will allow creating cards and in-game items without the need to deal with all of the ‘’crypto stuff’’ according to Thomson.
The tokenization of in-game assets is a growing trend as reported in late November, the Blockchain game F1 Delta Time which is licensed by the world-renowned racing series Formula 1, had an auction of car-branded NFTs. Also, Microsoft will work on another blockchain-related project with the R3 company and KPMG to develop a blockchain for telecom settlements. The latest partnership of the global accounting firm with two distributed industry leaders, one of which is Microsoft– is featured and continues to be the vein of resolving the issues that arise from multi-party connections.
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Blockchain News
Bitmain Announces Expansion In South America: Report

‘’South America continues to be an important region for the cryptocurrency mining sector. Our collaboration with Fastblock and Bit5ive will help us to build on the relationships we have with the mining community on-the-ground and instill trust in the sales process of Antminers.’’Jihan Wu announced back in November, the new addition to the Antminer 17 series and during the announcement the Bitmain co-founder said that the new miners included a hash rate and power efficiency-enhancing features. In the meantime, Wu continued to solidify the control over the company with the co-founder reportedly holding a meeting with a few Bitmain executives. At the meeting, Wu outlined the most important objectives of the company and the current projects that are under development in the company.This move is a part of the fights with Wu and the fellow co-founder Micree Zhan. Zhan is now aiming to take legal action against Wu accusing other officials at the company of betrayal. After a difficult 2018 and a bad start of 2019, Bitmain lost most of the mining dominance on the market. The company, however, will file an IPO in the US with its fellow competitor Canaan already completing a similar public sale. After the departure from the operational downsizing in 2018, Bitmain began developing expansion plans with the new 33,000-acre bitcoin mining facility in Texas. The company also aims to increase the hash rate capabilities by about 50 percent.
Blockchain News
Big South Korean Exchange Faces Hundreds Of Accusations

Blockchain News
Cryptopia Liquidators Recover $11 Million But The Process Is Still Difficult

“We continue to investigate the affairs of the Company and its directors in the period prior to our appointment to determine if there are any further avenues of recovery available to the Company.’’Grant Thornton didn’t comment further on how much longer will the creditors need to wait for reimbursement saying that ‘’at this stage it is not practicable to estimate the completion date for the Liquidation.’’ Cryptopia shut down in January 2019 years after the hackers stole funds worth about $16 million. The prolonged process has seen the liquidators tease out the details of the user transactions with the reconciliation of funds ongoing. The report adds:
“No detailed reconciliation process between the customer databases and the crypto-assets held in the wallets has ever been completed.’’Grant Thornton is right now focusing on the accounts of more than 900,000 active users potentially involving more than 900 different cryptocurrencies. The reports show that the exchanges worldwide continue to battle hack attacks and they focus mostly on a much larger loss involving the ex-Canadian exchange QuadrigaCX. Earlier this month, a cryptocurrency worth $340,000 mysteriously left the books of the South Korean platform Upbit and some analysts claimed that it was an inside job. The users, however, will be compensated by the company’s funds.As per the previous reports, Cryptopia co-founder and ex-former developer VCDragon revealed evidence that shows that the exchange hack was an inside job with an intention to destroy the exchange. Also, according to the documents, the assigned liquidator Grant Thronton, released the estimation statement for the financial state of the hacked crypto exchange, stating that Cryptopia owes a total of $4.2 million to the creditors.
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