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Solana NFT marketplace Magic Eden closes $130M Series B round at $1.6B valuation

Magic Eden accounts for over 90% of NFT trading volume on Solana.

BIS: 90% of Central Banks are researching the utility of CBDCs

The institution's future monetary vision includes exploring innovations grounded in trust in central banks' stable sovereign currencies and safe payment systems.

Japanese film studio announces the production of a series based on crypto

Animator Haruna Gohzu, who worked in popular anime like Pokémon and the Demon Slayer movie, will lead the animation in the films.

Risky business: Celsius crisis and the hated accredited investor laws

Crypto exchange BlockFi secures $250M credit from FTX amid bear market

At a time when a significant number of crypto platforms are struggling to remain afloat, BlockFi hopes the new credit line would help them secure user’s funds

What is Vulcan Forged (PYR) and how to make money playing it?

Vulcan Forged is a play-to-earn game that allows players to earn cryptocurrency by winning, selling, and upgrading their in-game assets.

Celsius warns community about fake accounts, pauses Twitter spaces and AMAs

Celsius Network announced that there is an increase in fake accounts on social media and warned users to be more vigilant.

Cloudflare outage affects multiple crypto exchanges

Users attempting to visit certain websites were met with a “500 Internal Server Error” notice due to a Cloudflare outage.

Shopify unveils tokengated commerce as part of new connect-to-consumer experience

Select merchant partners will be able to rollout exclusive goods for NFT tokenholders.

Meet the Snoop Dogg impersonator who walked around NFT​.NYC

Doop Snogg, the impersonator, was hired to “drum up excitement” at the NFT.NYC conference.

Roxe Holding in talks for listing on Nasdaq via $3.6B SPAC deal

The firm has entered an agreement with special purpose acquisition company Goldenstone Acquisition Ltd, through which it will pursue the listing.

Crypto resonates better with BIS’ vision of ideal monetary system

The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.”

Solana whale moves $25M of USDC debt from Solend to Mango Markets

The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more.

Tether to launch GBPT stablecoin pegged to British pound sterling

Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment.

Blockchain isn’t as decentralized as you think: Defense agency report

The report published Tuesday highlights several scenarios in which various actors can garner excessive, centralized control of a blockchain system.

‘Disappointing:’ Cardano devs delay Vasil hard fork by a month

While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil upgrade is implemented correctly.

BIS compares projects to transfer central bank digital currencies across borders

The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done.

Why cross-chain interoperability matters for DeFi

With hundreds of cryptocurrency exchanges available for users to transact on, the question becomes centralized or decentralized, neither of which offers an efficient solution.

Nexo hires Citibank to advise on acquisitions during market turmoil

“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms.

Voyager’s 60% share price plunge leads sea of red for crypto stocks

VYGVF dropped as much as 60% during regular trading hours on June 22 before closing at $0.5998 to mark a drop of 50.84% for the day.

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