Author: Tony Pearce
Tether Says Celsius Incident Has Not Affected USDT Reserves
Reading Time: < 1 minuteUSDT issuer Tether has said the negative events surrounding the project has not affected the financial stability of the USDT.
Bank of Sweden Calls for a Ban on Bitcoin to Protect the Environment
Reading Time: < 1 minuteThe Riksbank has published a report “Cryptocurrencies and their impact on financial stability,” in which it has shared the results of its own research on mining on the Proof-of-Work consensus algorithm.
Felix Capital Raises $600M to Invest in Web3 Projects
Reading Time: < 1 minuteUK-based venture capital company Felix Capital has raised $600 million for a Web 3.0-focused investment fund.
Tether is Launching USDT on Tezos Blockchain
Reading Time: < 1 minuteTether, the issuer of the stablecoin USDT, has announced it will launch Tether tokens (“USDt”) on the Tezos blockchain.
Yuga Labs Removes Unlimited Release of BAYC Collection NFTs
Reading Time: < 1 minuteThe Yuga Labs team has withdrawn the smart contract that allowed it to release an unlimited number of NFTs from the Bored Ape Yacht Club (BAYC) collection.
Telegram Denies the Leak of More Than 137 GB of Messages from Crypto-related Chats
Reading Time: < 1 minuteTwitter user adyingnobody has claimed he was able to access 137.21GB of messages from Telegram users.
SEC Opens Investigation into Binance’s BNB Token
Reading Time: < 1 minuteThe Securities and Exchange Commission (SEC) has recently started investigating whether Binance’s native token BNB was a security when the company held its ICO in 2017.
Gala Games Will Launch First NFT Game on Epic Games Store
Reading Time: < 1 minuteEpic Games Store users will have access to the first NFT game GRIT on the platform before the end of 2022.
The Volume of Blocked Funds in DeFi Ecosystem Crashed by 43% Last Month
Reading Time: < 1 minuteBitcoin and Ethereum fell by 15.6% and 28.8% at the end of May, respectively, and the total value of assets in the DeFi segment fell by 43%.
Manta Network and Acala Launch a Bridge Between Parachains
Reading Time: < 1 minuteThe Acala and Manta Network projects have recently opened an HRMP channel between the Karura and Calamari parachains.
Binance Labs Announces a $500M Fund Focused on Web3 Projects
Reading Time: < 1 minuteBinance’s venture capital arm Binance Labs has announced the launch of a $500 million fund.
MetaBlaze Crypto Presale: Second ICO Round Now Open to The Public
Reading Time: 3 minutesMetaBlaze is heating up this week. With its ongoing mint of MetaGoblin NFTs, the blockchain gaming company opens the second round of its crypto presale.
Tezsure Launches a Decentralized Bridge Between Ethereum and Tezos
Reading Time: < 1 minuteTezsure has announced it has successfully launched the Plenty bridge, a decentralized bridge between Ethereum and Tezos.
DEX Symbiosis Releases a Tool That Allows Automatic Deposits of Liquidity to DeFi Protocol Pools
Reading Time: < 1 minuteSymbiosis, a decentralized exchange, has added ZAP technology, which automates the receipt of LP tokens from pools.
Investors Who Lost $30M Rob a Crypto Expert in the UAE
Reading Time: < 1 minuteSix investors from the UAE have attacked a cryptocurrency expert who had made them lose $30 million.
The Price of Gaming Token WEMIX Jumps by 250%
Reading Time: < 1 minuteThe price of gaming token WEMIX has increased by almost 268% in just two weeks, jumping from $1.27 to $4.70.
Crypto Spam Has Grown 4,000% Since 2020
Reading Time: < 1 minuteThe number of various bots and spam actively distributed in the crypto space by various attackers has grown by almost 4,000%.
Splinterlands Has Sold More Than 2,270 Validator Node Licenses
Reading Time: < 1 minuteSplinterlands, and NFT game operator, has recently launched an open sale of licenses for validator nodes.
Hoskinsea Partners with Pavia Land to Setup a Virtual Headquater on the Metaverse
Reading Time: 2 minutesHoskinsea is excited to announce that the virtual world we’ve chosen is Pavia.
StarkWare Reaches $8B Valuation After Raising $100M
Reading Time: < 1 minuteThe project specializing in second-tier scale-out solutions has just completed a $100 million funding round.
JPMorgan Analysts Say $38,000 is the Fair Price of BTC
Reading Time: < 1 minuteThe fair price of Bitcoin is at $38,000, and cryptocurrencies have overtaken real estate as one of the preferred “alternative assets.”
Digital Securities Trading Platform ADDX Attracts $58M
Reading Time: < 1 minuteSingaporean digital securities exchange platform ADDX has raised $58 million in a pre-Series B funding round.
Wormhole Pays $10M to White Hat Hacker for Discovering a Vulnerability
Reading Time: < 1 minuteThe project team has paid $10 million to a white hat hacker who has discovered a critical vulnerability in the cross-chain protocol.
Protego Trust Bank Plans to Hit a $2 Billion Valuation Following Next Funding Round
Reading Time: < 1 minuteProtego Trust Bank has opened a Series B funding round in which the company expects to receive a $2 billion valuation.
FCA Urges to Take Into Account TerraUSD Collapse When Working on Regulation
Reading Time: < 1 minuteThe UK Financial Conduct Authority (FCA) should “take into account” the recent volatility in the cryptocurrency market as it works on the regulatory framework for the industry.
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