Meta set to begin testing NFTs on Instagram Stories with SparkAR
Earlier this week, Meta also announced it would join with other tech companies to create a metaverse standards body. Go to Source Powered by WPeMatico
Month: June 2022
Canadian regulator takes enforcement actions against Bybit and Kucoin
“Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions,” said the OSC. Go to Source Powered by WPeMatico
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation TPS Capital pitched a GBTC arbitrage opportunity before the company reportedly … Read more
NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security
Falling prey to a fraudulent link can be devastating to one’s personal investment portfolio. Here are three ways a hard wallet can protect you. Go to Source Powered by WPeMatico
Institutions are exploring the space — KPMG Canada crypto team
Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse. Go to Source Powered by WPeMatico
Voyager enters into $500M loan agreement with Alameda amid 3AC exposure
Voyager announced that Three Arrows Capital owes the firm 15,250 BTC and $350 million USDC. Go to Source Powered by WPeMatico
Price analysis 6/22: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB
BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market. Go to Source Powered by WPeMatico
TAG Heuer has an NFT smartwatch: Nifty Newsletter, June 15–21
Yahoo Hong Kong executive Lorraine Cheung said that activities in the Metaverse are seen by Hong Kong residents as a good alternative to social interaction amid the pandemic. Go to Source Powered by WPeMatico
Bitcoin and Ethereum Price Struggle to Hold Support Amid Increasing Bearish Pressure
After yesterday’s bullish rebound where Bitcoin and Ethereum prices saw significant price growth, the momentum is currently dying, with BTC and ETH prices retracting a few percent. Bitcoin is struggling to hold the $20k support level while Ethereum is attempting to stay afloat above $1k. The recent bearish momentum is likely due to continuing investor … Read more
Tether Launches Stablecoin Pegged to the British Pound Sterling
Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT. Tether Launches the Company’s 4th Fiat-Pegged Crypto Asset On June 22, 2022, … Read more