Bitcoin price holds steady amid spot BTC ETF outflows and uptick in unfriendly regulation
Bitcoin price holds above $63,000 even as regulatory enforcement ramps up and spot BTC ETF outflows raise concern.
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IMVU to integrate Immutable X for NFT gaming
Together Labs partnered with Immutable X to facilitate carbon-conscious NFT activity within the IMVU ecosystem. 437 Total views 23 Total shares Immutable X, the scaling solution for layer-2 NFT protocol Immutable, has penned an agreement with Together Labs to integrate into the platform's native social metaverse IMVU. The partnership will foster the creation and distribution…

Telegram issues official statement on Pavel Durov detention
The Telegram team said, "Telegram's CEO Pavel Durov has nothing to hide and travels frequently in Europe."

Who said you can’t spend crypto? Redditor sells free Moon tokens to pay rent
This Reddit user has found a unique way to make ends meet during the pandemic. 1144 Total views 3 Total shares A Reddit user by the name of “satoshinakamoto7” claims to have used their free MOON tokens to pay this month’s rent, offering another sign that cryptocurrencies are beginning to add real value to people’s…

India’s Payments Platform Vajra Gets the Blockchain Ball Rolling
While the Indian government is uncertain about the use of cryptocurrency, the National Payment Corporation of India, or NPCI, officially announced its permissioned blockchain-based platform, Varja, to make the payment process easier, faster and more transparent. After detailed research, the NPCI has developed a distributed ledger technology mechanism to provide a highly secure, tamper-proof database for…

Grayscale launches Bitcoin Miners ETF to offer BTC mining exposure
Grayscale’s new ETF, MNRS, tracks Bitcoin mining firms and infrastructure, offering investors exposure to the mining industry without direct BTC investment.

Web3 adoption’s main issue: Seed phrases won’t work for 95% of mainstream users
Crypto wallets with easier sign-in options and recoverable passwords could become the industry standard in the future.

Australian baseball club Perth Heat to pay athletes in Bitcoin
Perth Heat will use the Bitcoin Lightning Network to make payments to professional baseball players and staff. 324 Total views 13 Total shares Australian baseball club Perth Heat has announced a partnership with Bitcoin payment processor OpenNode to accept and make payments in Bitcoin (BTC). The partnership allows Perth Heat to pay professional players and…

Fed demands Voyager remove ‘false’ claims deposits are FDIC insured
The Fed and FDIC allege that Voyager “made various representations online" that its funds were FDIC insured. 161 Total views 38 Total shares Cypto lender Voyager Digital has been directed to remove “false and misleading” statements that its user’s deposit accounts are FDIC insured.In a joint letter written on July 28 by Seth Rosebrockfrom &…