Key Points: OKX becomes Manchester City’s official sleeve partner for the men’s and women’s teams. This denotes their third sponsorship manage the club in barely a year. Through innovative initiatives and player murals, the partnership highlights the integration of Web3 in sports. OKX revealed during an exclusive panel discussion at the Etihad Stadium that it had become…
Read more
Key Points: QuickNode adds support for XRP Record, helping Web3 reception. XRPL offers unwavering quality, quick exchanges, and various use cases. Developers can create high-quality digital applications thanks to QuickNode’s streamlined infrastructure. An intriguing platform announcement has been made by QuickNode, a leading provider of blockchain infrastructure solutions. It upholds the XRP Record (XRPL), making…
Read more
Important issues: Coinbase offers Bitcoin ETF services through partnerships with Bitwise, Valkyrie, and others. This could boost revenue in a time of low crypto-exchange volumes. The exchange’s function as a provider of custody and market monitoring addresses concerns regarding fraud, which is crucial for Bitcoin ETF approval by the SEC. Coinbase is included in revised…
Read more
Central issues: The company that makes Azukis NFTs, Chiru Labs, releases a new NFT collection called “Elementals,” which sold out in 15 minutes and made $38 million. However, complaints start coming in that it is too similar to the original Azuki collection. Azuki concedes issue and recognizes that “the [profile picture NFTs] feel comparative and,…
Read more
Central issues: For the week ending June 28, loans under the Bank Term Funding Program (BTFP) of the Federal Reserve reached a record amount of $103.08 billion. The Fed is still bailing out banks, despite its efforts to reassure investors that the banking crisis is over, according to the milestone figure. According to market analyst…
Read more
Key Points: The official Twitter account had been hacked, according to the Manta Network project’s announcement. The attacker used this opportunity to inform users of a fictitious airdrop with Binance Labs. Users should avoid clicking on any links, according to the project’s comment on the post announcing the hack. The ZK Layer 1 project invested…
Read more
Key Points: Coinbase President Brian Armstrong has reprimanded Apple for eliminating Damus from their racks. He believes this to be rude to clients and obliterates Damus’ picture. The organizer behind this open social application has promised to advance since Apple’s standard has been manhandled and twisted. Coinbase CEO commented that Damus being removed from the shelves was…
Read more
Key Points: The 8th Proof of Reserve report from OKX showed a reserve ratio of over 100% for 22 coins, totaling $11.3 billion. The trade holds back nothing review level straightforwardness and issues month to month save testaments. Users can independently verify solvency using the enhanced PoR system with zk-STARK. OKX, the second largest offshore…
Read more
Key Points: SmartBCH Alliance Limited’s debt is partially paid off by CoinFlex. From CoinFlex, SPV takes over 1:1 peg maintenance between sBCH and BCH. A portion of Coinflex’s debt to SmartBCH Alliance Limited has been paid back by the cryptocurrency exchange in the United Kingdom. The cross-chain bridge between BCH and sBCH was created by…
Read more
Key Points: Riot makes a strategic acquisition of 33,280 cutting-edge bitcoin mining machines from MicroBT to take advantage of the rising demand for Bitcoin mining and its potential for profitability. The deal has a staggering total value of $162.9 million, or approximately $21.5 per terahash (T). This acquisition reflects Riot’s strategic focus on expanding its…
Read more
