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  • ronaldo-partners-with-binance:-nifty-newsletter,-june-22–28

    Ronaldo partners with Binance: Nifty Newsletter, June 22–28

    Eminem and Snoop Dogg switched between themselves and their Bored Ape Yacht Club characters in their newest music video. In this week’s newsletter, read about Meta’s plans to expand their nonfungible token (NFT) testing on Instagram and Facebook. Check out how soccer legend Cristiano Ronaldo is planning to introduce his fans to Web3 through NFTs… More

  • taiwan-central-bank-governor-considers-interest-free-cbdc-design-to-prevent-fiat-deposit-flight

    Taiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight

    “Neither of the current CBDCs in circulation, such as the Sand Dollar and the digital yuan, accrue interest on deposits,” said Yang. As reported by local news outlet on Wednesday, Chin-long Yang, governor of the Central Bank of the Republic of China (Taiwan), recommended a no-interest design for the country’s central bank digital currency,… More

  • citi-calls-out-potential-risks-of-crypto-backed-mortgages-and-benefits-of-metaverse-property
    in , ,

    Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property

    “Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report. Investment banking giant Citigroup has released research on how property technology could affect the housing market, mentioning virtual estate in the metaverse and cryptocurrency-backed mortgages.In a report released Wednesday titled,… More

  • it’s-time-to-refocus-on-crypto-infrastructure,-coinshares-cso-says

    It’s time to refocus on crypto infrastructure, CoinShares CSO says

    CoinShares CSO Meltem Demirors finds crypto infrastructure and developer tools more interesting than Web3 and the money aspect of crypto during the current bear market. The ongoing cryptocurrency market decline is the right time for the community to strengthen infrastructure fundamentals, according to the chief strategy officer at the European digital asset manager CoinShares.CoinShares is… More

  • lending-network-enables-transparent-credit-history-in-africa-via-blockchain-partnership

    Lending network enables transparent credit history in Africa via blockchain partnership

    Creditcoin founder Tae Oh said the partnership brings them closer to their goal of giving the unbanked a fairer shot. African mobile banking platform Aella has partnered with Creditcoin Network to make credit histories transparent by integrating all its transactions into Creditcoin’s public blockchain.In an announcement sent to Cointelegraph, Creditcoin said that all Aella’s credit… More

  • microstrategy-scoops-up-480-bitcoin-amid-market-slump
    in ,

    MicroStrategy scoops up 480 Bitcoin amid market slump

    The business intelligence firm has now amassed 129,699 BTC at an average price of $30,644, according to CEO Michael Saylor. Business intelligence firm MicroStrategy has added to its Bitcoin (BTC) holdings, reaffirming CEO Michael Saylor’s bullish outlook on the digital asset despite its recent struggles. In a Form 8-K filing with the United States Securities and… More

  • 21shares-responds-to-bear-market-with-crypto-winter-etp
    in ,

    21Shares responds to bear market with crypto winter ETP

    The Swiss crypto ETP issuer wants to make it easier for investors to get exposure to Bitcoin amid extreme fear on the market. 21Shares, a global issuer of crypto exchange-traded products (ETPs), is taking action to respond to the current bear market by launching crypto winter-focused investment tools.The company has rolled out the 21Shares Bitcoin… More

  • alkemi-earn-integration-brings-defi-lending-to-1.5m-ledger-users

    Alkemi Earn integration brings DeFi lending to 1.5M Ledger users

    The objective of the Ledger project is to provide consumers with a way to purchase and use digital assets without giving up control to third-party platforms or systems. The Alkemi Earn app has been added to the hardware wallet Ledger’s Discover area, making decentralized finance (DeFi) lending and borrowing service accessible to Ledger’s 1.5 million active… More

  • vtb-sealed-the-first-deal-with-digital-financial-assets-in-russia

    VTB sealed the first deal with digital financial assets in Russia

    VTB Factoring acquires a tokenized debt pool of industrial companies via the Lighthouse blockchain. VTB Factoring, a subsidiary of Russia’s state-owned bank, reported the first major deal with digital finance assets. As part of the deal, the bank subsidiary acquired a tokenized debt pool of the engineering company Metrowagonmash, issued via the fintech platform Lighthouse.On… More

  • double-bubble?-terra’s-defunct-‘unstablecoin’-suddenly-climbs-800%-in-one-week

    Double bubble? Terra’s defunct ‘unstablecoin’ suddenly climbs 800% in one week

    The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future. Terra’s $40-billion experiment to create a functional “algorithmic stablecoin” project has failed drastically following its collapse in May. Nonetheless, its native stablecoin TerraClassicUSD (USTC), earlier called TerraUSD (UST), has been thriving in the past week.Dead stablecoin walkingTo… More

  • bitcoin-lightning-network-developer-updates-node-software-with-taproot-support

    Bitcoin Lightning Network developer updates node software with Taproot support

    The latest software release, named lnd 0.15 beta (v0.15-beta), aims to empower developers to create solutions for more use cases by leveraging the Bitcoin Network’s capabilities. Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) — a complete implementation of the LN node… More

  • british-virgin-islands-court-reportedly-orders-to-liquidate-3ac

    British Virgin Islands court reportedly orders to liquidate 3AC

    The order reportedly came on the same date that Voyager Digital issued a notice of default to 3AC for its failure to pay its 15,250 Bitcoin and 350 million USDC loan. Troubled cryptocurrency venture capital firm Three Arrows Capital (3AC) is facing more uncertainty amid new reports on the company’s liquidation.A court in the British… More

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