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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.

ANZ's stablecoin used to buy tokenized carbon credits

The latest A$DC transaction saw ANZ’s institutional partner Victor Smorgon use A$DC to purchase Australian Carbon Credit Units from blockchain-based carbon trading platform BetaCarbon.

Anonymous vows to bring Do Kwon’s ‘crimes’ to light

“There is no doubt that there are many more crimes to be discovered in your trail of destruction,” hacktivist group Anonymous said on its YouTube channel.

6 Questions for Daniel Yan of Matrixport

Can you earn passive income running a Lightning node?

Learn to manage and run a Lightning node at a profit. Also, discover various Lightning Network problems and how to address them.

Sam Bankman-Fried provides bailouts, ‘Bitcoin dead’ searches soar, and debate over hidden themes behind BAYC continues: Hodlers Digest, June 19–25

Can Metaverse technology enhance human-AI efficiency?

How will AI be used in the metaverse? Can AI and blockchain work together? A dive into the future of AI aligned with blockchain.

What is StrongBlock (STRONG) and how does it work?

Strongblock creates platforms and protocols with the intention of revolutionizing how blockchain networks compensate the nodes that protect and sustain them.

Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop

The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW). At its peak, the BTC network demanded 16.09 GW of power.

It seems NFT-themed Bored & Hungry restaurant no longer accepts crypto

The alleged removal is a bit strange considering Bored and Hungry only opened its doors back in April.

Axie Infinity to compensate Ronin exploit victims and relaunch bridge

Once the bridge reopens on June 28, users will be able to withdraw one ETH for each one they possessed before the attack.

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