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Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement

STRAX price bucked the market-wide bearish downtrend by rallying 200% after the team unveiled plans for a British pound stablecoin and a new metaverse.

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.

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.

Polkadot's founder announces steps toward full decentralization with new governance model

Gavin Wood said that he seeks to transform the Polkadot blockchain into a full technocracy.

Governments, enterprise, gaming: Who will drive the next crypto bull run?

With all the recent turbulence in the crypto space, the question of the moment is: What will drive the next crypto bull run?

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.

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.

Flipside Crypto launches NFTs to pull multi-chain data

Flipside Crypto co-founder and CEO Dave Balter stated the NFTs will save users the trouble of having to “manage nodes, complex data pipelines or petabyte-scale databases.”

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.

Bitcoin advocate criticized for backing wallet authentication project

After being swarmed by critics, Bitcoin advocate Nic Carter asked crypto Twitter to unfollow him if they disagree with any of his investments.

Trader puts faith in crypto despite the failed first investment

Despite his initial losses in trading, JC Enriquez still strongly believes that crypto will bring him more profit in the years to come.

Bear market will last until crypto apps are actually useful: Mark Cuban

The billionaire investor said a bigger focus on applications and utility outside of finance would bring more back to the crypto space and possibly reverse the declining market.

MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds

The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds.

Battle-hardened Ronin bridge to Axie reopens following $600M hack

The Ronin bridge tied to Axie Infinity is back up with a new design after Sky Mavis introduced a circuit breaker system and daily withdrawal limits.

Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize

The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year.

Are custodied crypto funds at risk? Industry veterans explain

Investments under custody are usually very safe, until the accountability of the custodian is called into question.

‘Unique phenomenon’: All 5B toncoins mined on PoS TON blockchain

The TON blockchain has always been proof-of-stake, while the mining of toncoin began “spontaneously and randomly” in 2020, according to the TON Foundation.

Bitcoin’s bottom might not be in, but miners say it ‘has always made gains over any 4-year period’

To mine, or not to mine, that is the question. Professional Bitcoin miners discuss the nuance of BTC mining and whether now is a good time to get started.

Must staking and liquidity pool lock-ups change to see crypto mass adoption?

Will the wave of lending protocols struggling in the bear market stimulate the development of alternative solutions to create more sustainable investment opportunities?

KPMG enters the metaverse, invests $30M in Web3 employee training

The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.

Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K

The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow.

CoinFLEX recovery plan includes tokenized bad debt and more yields

The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired.

Crypto community confused as Celsius continues with weekly rewards

Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals.

Harmony hacker sends stolen funds to Tornado Cash mixer

The exploiter seems to have rejected the Harmony team’s bounty offer of $1 million to return the $100 million stolen from the Horizon Bridge token bridge.

Institutional crypto asset products saw record weekly outflows of $423M

Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries.

'Crypto is just like the end of the 90s with the internet bubble,' says Hodl CEO Maurice Mureau

Mureau remains bullish on crypto's outlook despite a severe bear market in recent months.

Educating regulators will help mitigate risks, says Figment exec

Robert Ellison noted that a regulatory framework for staking is achievable because the concept is very easy to understand.

Less than 1% of all holders have 90% of the voting power in DAOs: report

A user must hold between 0.1% and 1% of the outstanding token supply to create a proposal and hold between 1% and 4% to pass it.

Metaverse fractional ownership to form similarly to property loans: Casper exec

Ralf Kubli said that smart contracts can create fractionalization agreements and divide plots of metaverse land that can be leased out individually.

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