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Terraform execs to notify South Korean authorities of plans to leave the country
Terraform Labs CEO Do Kwon, and co-founder Shin Hyun Seong have been notified by South Korean judicial authorities that they are not allowed to leave or enter the country without informing the appropriate authorities.
“Bitcoin will reverse because of rising global liquidity” – Raoul Pal
Raoul Pal, one of the leading managers at Goldman Sachs, believes that shortly, the crypto market will be reversed in the direction of growth.
Epic Games won’t ban games with NFT support from its store
Tim Sweeney promised that the game creators would be able to express themselves and make the content they consider necessary. The support of non-fungible tokens will not be a verdict for the developers and their products on the site of Epic Games.
The U.S. has decided when it will pass a law to regulate cryptocurrencies
The law, which will regulate cryptocurrency transactions and the entire industry, will be considered as early as next year. Senator of Wyoming Cynthia Lumiss announced this information.
Bonuses for voluntary quitting: BlockFi begins new staff reductions
BlockFi continues to optimize its staff, and some employees will be fired, even though the company received a loan from the FTX exchange of four hundred million dollars.
The Dutch Central Bank fined Binance $3.37 million
The Central Bank of the Netherlands imposed a fine of €3.320 million because Binance does not have the necessary licenses.
The UN suggested that developing countries should “forget” about cryptocurrency
Following UNCTAD’s report on the cryptocurrency market, the UN recommended that countries with developing economies stop advertising cryptocurrencies.
Hyosung ATMs will support bitcoin in the U.S.
South Korean company Hyosung, which specializes in the production of ATMs, decided to add DigitalMint services to the store, which is now being developed.
$670 million in crypto losses from hacker attacks in Q2 of 2022
The bounty platform Immunefi carried out research and found out that in the second quarter of this year, losses of crypto projects from hacking attacks amounted to 670 698 280 US dollars.
A hacker stole about $1.5 million from the Omni protocol
The heist was carried out because the platform provided a borrowing service on the security of non-fungible tokens. In this case, we are talking about NFTs from the Doodles collection.
BTC/USD: the price of the cryptocurrency went up
Over the past 24 hours, the price of bitcoin has exceeded $22 thousand. The growth of the bitcoin quotation began on Thursday, July 7, when the price reached $21,000.
Solana has been sued in the US due to illegal profits from SOL
The claim – illegal profits from SOL, and the plaintiff in this lawsuit is Californian investor Mark Young. He will be represented in court by Roche Freedman, a firm that specializes in jurisprudence.
Jeremy Allaire spoke about USDC collateral
Against the backdrop of the market crisis and the fall of Terra, users began to lose confidence in cryptocurrencies, and even though USDC is one of the most stable in the market, the crisis affected it as well.
Sango Coin: CAR launched its digital currency
The CAR digital currency launch was presented during the broadcast of the country’s leader Faustin-Archange Touadéra. The President spoke about the benefits of Sango Coin and the plans of the state to develop the country’s crypto sector.
What are wrapped tokens and why do you need them?
Due to the impossibility of using a token based on one blockchain in applications built on another blockchain, cryptocurrency owners need a wrapped token. In this article, we will tell you about a wrapped token, its mechanism, possible applications, “pitfalls”, how it differs from a stablecoin, and what cross-chain bridge technology has to do with it.
Facebook to start testing the support of NFT
Some authors who use the social network Facebook will be able to start using NFT as Meta has begun implementing tokens on its main platform.
Grayscale will sue the regulator because of the refusal to convert GBTC to ETF
Despite the regulator’s claims that bitcoin is considered a commodity by the SEC, Grayscale’s request to convert GBTC trust to a bitcoin ETF was denied.
In the US, Dynamics Mining terminated the agreement with Compass Mining due to debts
The termination of the contract for the supply of mining equipment concerns facilities in the US in the state of Maine. The reason for the termination of the agreements was the debts of Compass Mining.
In the US, the head of the SEC confirmed that bitcoin is classified as a commodity
The fact that bitcoin is considered by the SEC as a commodity was stated by Commission сhairman Gary Gensler.
The Metaverse will have its own wallet
The wallet, which will be used in the Metaverse, will be a restart of the already existing Facebook payment system. The wallet will keep current functions and obtain new ones that meet the standards of the metaverse.
The Shopify platform expands an NFT usage format
For better interaction with buyers on the Shopify e-commerce platform, online store sellers will be offered to use NFT.
OSC bans KuCoin in Canada and fines Bybit
The decision to terminate the operation of crypto exchanges was made following the court proceedings.
ZigZag DEX is to airdrop a governance token
The crypto asset will be available for purchase from June 24. 2 million tokens out of the available 100 will be released for sale. It will be possible to pay for ZZ using USDC.
The UK did not support the idea of regulating non-custodial wallets
As part of the fight against financial fraud and the sponsoring of terrorism, the FATF developed rules according to which it was necessary to establish the sender and recipient of transferred funds.
A unique avatar: Zuckerberg launches a virtual clothing store in his metaverse
Exclusive items from authentic brands that can be purchased for your account will be presented in Meta.
