Bitcoin News and Finance: What You Need to Know

Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix will make regarding blockchain tech, and also pondered several situations which surrounded blockchain in 2022. Square Enix Reflects on 2022 Blockchain-Related Shortcomings Blockchain tech is becoming an important part of several entertainment-based companies all over the world. Square Enix, the Japanese gaming company responsible for franchises like Final Fantasy and Dragon Quest, revealed it has some games using this tech prepared to be announced during 2023. The statements come from a new year’s letter published by Square Enix’s CEO Yosuke Matsuda, who considers 2022 a year in which blockchain tech acquired a bigger significance. Matsuda explains that last year might have been the year of consolidation for decentralized tech in gamin...

An executive of the largest shareholder of cryptocurrency exchange Bithumb was found dead outside his home. He allegedly committed suicide by jumping off a building while under investigation by Korean prosecutors for embezzlement and stock market manipulation. Executive Found Dead Amid Investigation of Embezzlement and Stock Price Manipulation An executive linked to South Korea’s largest cryptocurrency exchange, Bithumb, was found dead in front of his home in southern Seoul Friday, Yonhap News reported. The executive, surnamed Park, is the vice president of KOSDAQ-listed broadcast equipment supplier Vidente Co., the largest shareholder of Bithumb Holdings Co. that controls South Korea’s largest cryptocurrency exchange. Vidente also holds a stake in Bithumb Korea. According to local media, the executive committed suicide by jumping off a building while being investigated by South Korean prosecutors for embezzlement and stock price manipulation. Park’s investigations involved alleg...

The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the country while highlighting the risks of investing in crypto assets. Indian Government’s Cryptocurrency Awareness Campaign The Indian government is reportedly launching a first-of-its-kind crypto awareness campaign. It will be conducted by the Investor Protection and Education Fund Authority, a government body controlled by the Ministry of Corporate Affairs. A government official was quoted by ET as saying: The campaign will highlight that cryptocurrencies are not legal in India and there are also deep risks involved in such assets. Any investment where the people are being promised lucrative and assured returns, there is an element of high risk. The government of India has been working on a crypto policy since 2019 but nothing has been finalized . Indian Finance Minister Nirmala Sitharaman said the government plans to discuss crypto regula...

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of gold will soar to $3,800 this year while silver will hit $75. He also shared why he became “a gold bug” and “a silver nut.” Robert Kiyosaki’s 2023 Gold and Silver Price Predictions The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his prediction on how high he thinks the prices of gold and silver will reach in 2023. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki tweeted Thurday: I predict silver going to $75 and gold to $3,800 in 2023. He explained: “I became a gold bug in 1972. I was a Marine pilot in Vietnam flying behind enemy lines hoping to buy gold at a discount because the mine was in enemy hands. Found out the price of gold is the same...

According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.” Record Low Cyber Attacks in December 2022 Result in $62.2 Million in Losses On Dec. 31, 2022, Certik tweeted that the last month of the year saw the least amount of exploits, hacks, and scams. All the incidents combined added up to roughly $62.2 million, and Certik noted it was the “lowest monthly figure” of the year. Certik detailed that exit scams accounted for $15.5 million, and flashloan attacks represented $7.6 million. The largest flashloan attack came from the Lodestar exploit , and the largest exit scam was Defrost Finance. The following day, on Jan. 1, 2023, Certik said that the exploits, hacks, and scams from the previous month stemmed from “23 major attacks.” The largest incid...

OVER has launched the Map2Earn Beta program : revolutionary 3D mapping is now available to everyone. It is an innovation that solves the geo-location problem in Augmented Reality (AR). Over Map2Earn Is Now Live in Its Beta Version OVER Map2Earn has launched its program for geo-location in Augmented Reality (AR) in its Beta version. Specifically, it is geo-locating with 20 cm accuracy outdoors and indoors , compared to GPS, which offers above 6 meters outdoors, allowing immersive experiences in the metaverse to be increasingly perfect. And indeed, the Map2Earn program of the decentralized infrastructure for the AR metaverse aims to achieve the ideal system for mapping and creating geo-localized experiences integrated into the real world . In this sense, OVER will be able to offer placement of, for instance, digital artworks on a specific anchor point on a wall, overlaying AR experiences on existing buildings, as well as geo-localizing assets within a building by recognizing d...

Maruti Suzuki, one of the biggest car manufacturers in India, has announced that it is taking its customer retail experience to the metaverse. The company announced on Jan. 1, it would launch a VR (virtual reality) network for its Arena showroom series, allowing its users to experience the Maruti Suzuki Cars online or via authorized dealers. Maruti Suzuki to Prepare Metaverse Showrooms Car companies are beginning to take advantage of virtual reality and the metaverse to allow customers to have a different approach to their products. Maruti Suzuki, one of the leading car manufacturers in India, has announced that it will start delivering immersive experiences in metaverse-based showrooms for its lineup of cars. The company, which has produced millions of cars for the Indian market, announced that it is launching its Arena verse network, which allows customers to interact with any of the cars offered by the company. Customers can configure these cars with different options, apprecia...