Reddit Launches NFT Avatar Marketplace, New Gaming Investments + More News

Source: Adobe/prima91

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

  • Social networking Reddit is launching a brand new NFT-based avatar marketplace that enables users to buy blockchain-based profile pictures for any fixed interest rate. It stated it’s releasing 90 different designs using the final amount of NFTs opting for purchase within this early-access phase being “tens of thousands”, however that users won’t require a crypto wallet to purchase them.

Investments news

  • Web3 game company Planetarium Labs elevated USD 32m inside a Series A funding round brought by Animoca Brands. The funds will be employed to build out fundamental tools for community-driven gaming and player governance, they stated.
  • Gaming blockchain project Oasys completed a personal token purchase round of USD 20m brought by blockchain financing and investment platform, Republic Capital. The funds will be employed to strengthen partnerships, purchase new marketing and business development initiatives, while increasing local headcount, they stated.

Politics news

  • British pm Boris Manley has announced that he’s departing office when his successor is selected, after losing support from nearly all his ministers and Conservative lawmakers, per Reuters.

Regulation news

  • A legitimate advisory notice from the united states Office of presidency Ethics bans US officials who’re personally committed to crypto from focusing on crypto-related policies and rules that may affect the need for their assets. The directive pertains to all White-colored House staff and also the employees of federal agencies, such as the Fed and Treasury Department.
  • Belgian regulator, the Financial Services and Markets Authority, is seeking comments on its communication around the classification of cryptoassets as securities, investment instruments, or financial instruments.

Mining news

  • Bitcoin (BTC) miner Riot Blockchain announced it created BTC 421 in June 2022, a rise of roughly 73% when compared to June 2021 manufacture of BTC 243. By June 30, 2022, Riot held roughly BTC 6,654, all created through the company’s self-mining operations, they stated.

Career news

  • Crypto exchange Binance.US announced the appointment of Jasmine Lee as Chief Financial Officer. Lee was formerly a Chief Financial Officer and Chief Operating Officer of Acorns, a micro-investing application company.

Latest stories

You might also like...