Things are getting more interesting in the cryptoverse, as more interesting research is being carried out. Every sector in the world is clutching on to cryptocurrencies and the technology that powers them – Blockchain.

A report released by a team of researchers at Morgan Stanley revealed that Bitcoin and cryptocurrencies could help central banks to cut interests rates, which would help reduce the impact of any financial crisis in the future.

During the last global financial crisis of 2007 – 2008, central banks imposed lower interests rates as a way of protecting lenders and consumers from the harsh effect of the crisis. The crisis was so severe that some central banks had to implement negative rates.

Banks could use cryptos in many areas.

The research led by Sheena Shah, also revealed thatNintendo has been fighting a legal battle in Texas against a company called iLife since 2013. The patent infringement case brought forth by iLife involves Nintendo's use of its patented technology in the Wii controller. When iLife originally filed a patent on the tech, the company had no thought of using the technology in video games.

iLife originally devised its technology to detect when the elderly people had fallen and to monitor babies to prevent Sudden Infant Death Syndrome. The suit sought a massive $144 million in damages, working out to $4 for every Wii game system sold. Nintendo sold about 36 million Wiis.







iLife also wanted an injunction that would prevent Nintendo from using its tech in the future. Nintendo has now lost that suit in court, but the