Tether to Launch a British Pound-Pegged Stablecoin (GBPT) in July
Just shortly after releasing a stablecoin pegged to the Mexican Peso, Tether has introduced a new product focusing on the British Pound. GBPT will first work on top of Ethereum,…
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Meta Unveils Metaverse Monetizing Tools for Facebook and Instagram Creators
In a Facebook post on June 21, Zuckerberg said there would also be updates to “help creators build for the metaverse.” He added that he wanted platforms such as Facebook…
BAYC Partners With Rolling Stone Again to Launch Limited Edition NFTs
The popular NFT collection – Bored Ape Yacht Club – teamed up with the American magazine – Rolling Stone – to release special edition digital collectibles. This is their second…
Crypto Mining Giant Bitfarms Sells 3,000 BTC And Adjusts Its HODL Strategy
On June 21, Bitfarms, an Argentinean cryptocurrency mining company operating in Canada, announced an adjustment to its HODL strategy so as to improve the company’s liquidity. According to a press…
Crypto Industry Donors Pour $52 Million Towards US Midterm Elections
Wealthy members of the crypto industry including brokers, venture capitalists, and investors have contributed over $52 million in political donations during this midterm election cycle. Half of those funds arrived…
Crypto Firm MoonPay Partners With Fox, Universal Pictures to Introduce NFT Platform
The cryptocurrency payments start-up MoonPay joined forces with Fox Corporations, Universal Pictures, and Death Row Records to launch a non-fungible token platform. The feature, called HyperMint, will allow companies and…
Deutsche Börse Partners With Kaiko to Access Crypto Market Data
Crypto data provider Kaiko has announced partnering with Deutsche Börse Group as the latter aims to expand its presence in the digital asset industry. According to the official press release,…
Crypto Mom Hester Peirce Does Not Support Bailouts for Collapsing Digital Asset Companies
Despite her bullish defense of the crypto industry’s growth, Securities and Exchange Commission (SEC) commissioner Hester Peirce – aka “Crypto Mom ” – would never support bailing it out of…
Solend Whale Moves $25M to Another Platform Despite Canceled Plans to Seize Their Wallet
Solend – a DeFi lending protocol built upon the Solana blockchain – attempted to take over a whale account that supposedly could put the protocol in trouble due to its…
NFT Marketplace Magic Eden Raised $130M to Expand Beyond the Solana Ecosystem
Leading Solana-based NFT marketplace Magic Eden has becomes a unicorn in less than a year since its launch last September. The latest fundraising round has pushed its valuation to $1.6…
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