Get the daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the tales flying individually distinct of today’s crypto news.
__________
NFTs news
- Ecommerce giant eBay posted two new trademark applications towards the US Patent and Trademark Office (USPTO) on June 23, indicating plans associated with NFTs, including exchanges, marketplaces, and buying and selling, in addition to online stores with virtual goods. This news was initially tweeted by USPTO licensed trademark attorney Mike Kondoudis. The applications are available here and here.
- Interoperability NFT protocol Holograph announced a partnership with fellow interoperability protocol LayerZero to provide its bridging means to fix create so-known as “multichain NFTs”.
DeFi news
- Liquidity network Alkemi announced their lending product Alkemi Earn is going to be built-into the crypto wallet Ledger Live’s Uncover section. Ledger Live users can earn a yield on their own assets through DeFi lending and borrowing through this integration, they stated.
- Digital asset prime brokerage and exchange BEQUANT announced adding DeFi access for institutional clients, recognized through its recent integration with blockchain firm Fireblocks. Clients can mix-margin between centralized and decentralized exchanges, with DeFi marketplaces integrated onto BEQUANT’s platform, they stated.
Gaming news
- Ronin (RON), Ethereum (ETH) sidechain built particularly for that play-to-earn game Axie Infinity (AXS), announced the reopening of their Ronin Bridge after it had been stopped carrying out a major hacking incident in March this season. “All user money is fully backed 1:1 through the new bridge. All users happen to be made whole,” they added.
Crime news
- The Santander United kingdom bank cautioned about “celebrity-endorsed” crypto scams, stating that, per their data, the typical worth of scam in Q1 2022 was GBP 11,872 (USD 14,504) up 65% year-on-year, there would be a 61% rise in situation volumes from Q4 2021 to Q1 2022. According to current growth, Santander expects an 87% rise in amount of cases in 2022 when compared with 2021.
- The funds from mix-chain bridge provider Harmony’s Horizon Bridge hack have started to move in to the Tornado Cash ether mixer, which might imply that the attacker doesn’t have aim of accepting the USD 1m bounty offered.
- The United States Department of Justice billed Dominic Pineda and Shon Morgan with conspiracy to commit robbery in May 2020, by taking part in an agenda to interrupt right into a home in New You are able to, USA, and take advantage of its residents of money and bitcoin, that the defendants thought to be worth millions of dollars. The crime has a maximum term of twenty years imprisonment.
Investments news
- Crypto exchange FTX is exploring whether or not this could possibly acquire application-based brokerage Robinhood Markets Corporation, Bloomberg reported, citing undisclosed individuals with understanding from the matter. No ultimate decision has been created and FTX could opt against going after an offer, it added.
- Institutional digital assets data provider Kaiko elevated USD 53m inside a Series B funding round brought by Eight Roads. The proceeds from the funding will be employed to expand Kaiko’s global presence, they stated.
- Web3 network peaq elevated USD 6m inside a seed funding round brought by Fundamental Labs. The funds will mainly be employed to grow the event team, they stated.
- Decentralized betting project Azuro announced it elevated USD 4m inside a recent funding round, getting the entire elevated to USD 7.5m.
- Alternative investments solution company Accelerate Financial Technologies announced that it’ll launch the Accelerate NFT Fund on This summer 29, which is supposed to provide investors with “secure and diversified exposure” towards the NFT market.
Exchanges news
- Aurore Lalucq, a French person in the ecu parliament’s Committee on Economic and Financial Matters, has advised Autorité plusieurs Marchés Financiers, in france they markets regulator, to examine its ruling that approved crypto exchange Binance to function inside the country, per the Financial Occasions. She described the agency’s decision as “incomprehensible”.
- KuCoin announced it’ll offer euro buying and selling pairs against bitcoin (BTC), ethereum (ETH), and tether (USDT) included in its expansion within the European market, using the new pairs to get on the KuCoin place market beginning June 28.
Financial aspects news
- Christine Lagarde, President from the European Central Bank (ECB), has reaffirmed the bank promises to raise its three key rates of interest by 25 basis points in the next meeting on This summer 21, plus they still be prepared to enhance the rates again in September.
Adoption news
- Faustin-Archange Touadéra, president from the Central African Republic, mentioned the government promises to launch the formerly announced Sango blockchain program, which aims to tokenize the nation’s natural sources, throughout an event on This summer 3.
Taxes news
- Russian lawmakers approved a draft law that will potentially exempt issuers of cryptoassets from value-added tax, Reuters reported. It might also establish tax rates on earnings earned in the purchase of digital assets. The present rate on transactions is 20%, just like for normal assets. Underneath the new law, if approved, the tax could be 13% for Russian companies and 15% for foreign ones.
