Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO
LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners.
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Reddit NFT avatars selling for a premium on OpenSea
Reddit’s launch of limited edition NFT avatars has led to a large premium on secondary sales on OpenSea. 2758 Total views 404 Total shares Sales of recently launched Reddit blockchain-based avatars are rising on nonfungible token (NFT) marketplace OpenSea, outperforming the platform’s proprietary store.Reddit, the “front page” of the internet, plugged into the burgeoning world…

Bundesbank Head Says Don’t Suppress ‘Innovative Concepts’ Like Libra
The head of Germany's central bank Jens Weidmann spoke in favor of Facebook’s Libra during a recent G7 event.Bundesbank head warns against suppressing innovationWeidmann, Bundesbank President and the Governing Council member of the European Central Bank, argued that global regulators should not suppress the project in its infancy, according to an email newsletter in a…

New Ripple president says her job is to continue to scale amid crypto winter
Veteran Ripple executive and former general manager Monica Long said the company has seen record growth in recent months despite crypto winter. 140 Total views 1 Total shares Own this piece of history Collect this article as an NFTMonica Long has been named the new president of Ripple, moving up from the general manager position.…

XRP holds $2 support as chart pattern hints at 73% gain
XRP (XRP) stabilized near its $2 support after today’s marketwide sell-off sent the altcoin and several other cryptocurrencies close to their swing lows. Data now shows the XRP/USD pair exhibiting early signs of a bullish breakout. Ripple’s RLUSD integration could boost XRP price Ripple’s integration of its RLUSD stablecoin into its cross-border payments system, Ripple

Trader turns $1K into $750K trading Tron memecoin SunWukong
The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet.

Global inflation mounts: How stablecoins are helping protect savings
Economies around the world are facing a motley of challenges caused by rising inflation. High inflation devalues national currencies, which, in turn, pushes up the cost of living, especially in scenarios where earnings remain unchanged.In the United States, the government has responded aggressively to inflation. The nation hit a 9.1% inflation rate in June, prompting…

Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.

Japan to Check Money Laundering Policies of Crypto Exchanges Ahead of FATF Inspection
Japan’s Financial Services Agency (FSA) is reportedly cracking down on crypto exchanges that offer anonymous transactions or have weak identity verification practices in preparation for inspection by the Financial Action Task Force (FATF) this fall. Nikkei Asian Review reported the development on May 22.The FATF will reportedly send its investigatory arm to review the strength…