Atari to open blockchain-based online casino

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Atari, seeking to capitalize on the popularity of non-fungible tokens (NFTs), plans to open a casino in the coming months, according to a report by Business time.

The casino was developed in partnership with the Decentralized games on the Ethereum blockchain, and it will come with Atari games and collectibles, including NFTs. NFTs can be exchanged for more digital currency. Businesses could see bets in the hundreds of millions, according to the report.

CEO Frédéric Chesnais said it was trying to push Atari into the modern era, and this effort could help push the gaming experience onto the blockchain, according to the report.

In other news, a request for a Ripple investor to recover his $ 175 million investment in the blockchain company was refused, according to CoinDesk.

Tetragon Financial Groupthe request to buy back his Ripple shares for cash was denied amid the battle between Ripple and the Security and Trade Commission (SEC), the report reads.

Tetragon filed a lawsuit in January, intending to recoup its share of the $ 200 million Series C round it led in 2019, according to CoinDesk. And the lawsuit was aimed at freezing Ripple’s cash until he paid the money back.

But now, with the decision being dismissed by the Delaware Chancery Court judge, it looks like Ripple won’t have to pay after all.

Recently, NYDIG, a provider of technology and investment solutions, has launched a $ 200 million funding round, which will help it work on “strategic bitcoin-related initiatives spanning investment management, insurance, banking, clean energy and philanthropy ”, according to a Press release.

The tour was led by Stone Ridge Holdings Group, Morgan stanley, New York life, Mass Mutual, Soros fund management and FS Investments. Bessemer Venture Partners and FinTech collective also participated, according to the statement.

The partnerships leave no doubt that bitcoin “has arrived,” the statement said, citing NYDIG Co-Founder and CEO Robert Gutmann, and adding that NYDIG’s fiduciary and due diligence standards will help it come up with new innovations.

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