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TIME Magazine has continued its foray into the cryptocurrency and NFT world by partnering with blockchain-based gaming company The Sandbox to build TIME Square in the metaverse.

More info: https://bit.ly/3QN5AV9
Google Trends confirms that more people activity for phrases such as “Bitcoin is dead” has spiked, this noted by social media users as a possible sign that the market is in a “capitulation” phase.

More info: https://bit.ly/3HSjzVF
Crypto .com has recently announced about integrating Apple Pay into its application and website. Apple does not support the crypto payment directly but users of Crypto .com shall be given an option to make the in-app purchases.

More info: https://bit.ly/3xWGwSZ
In June 2022, the total mining revenue dipped below the $20 million range, with Blockchain .com data recording the lowest dip of $14.401 million on June 17.

More info: https://bit.ly/3yrZtyw
Morocco is joining the list of countries aiming to formally control the crypto sector by reportedly working on a final regulatory framework to guide the market.

More info: https://bit.ly/3HZeB9B
Cardano has shown the highest development activity in the industry, leaving behind such projects as Kusama and Polkadot, with over 350 commits made in the last month. Other notable projects at the top are Ethereum and Solana, with more than 270 commits.

More info: https://bit.ly/3I0sSCJ
Research has found that Terra Labs had close to $3.6 billion in USDT and UST that may have been used for price manipulation or money laundering in centralized and decentralized finance (DeFi) exchanges, according to a CoinDesk Korea article published on June 28.

More info: https://bit.ly/3ypjANy
Russian lawmakers recently approved a draft law that could possibly exempt digital asset issuers from making value-added tax payments. It has also established new tax rates on income earned through the sale of such assets.

More info: https://bit.ly/3OwG4Sj
In a recent interview with Bloomberg, the SpaceX CEO opened up about the reason he had gotten into the meme coin in the first place.

“I just had a lot of people who are not that wealthy, who have encouraged me to buy and support Dogecoin,” Musk said. “So I’m responding to those people. Just people that work in the factory of SpaceX or Tesla, they’ve asked me to support Dogecoin.”

More info: https://bit.ly/3ubPdHQ
A court in the British Virgin Islands on June 27 ordered the liquidation of Singapore-based 3AC, the British news agency Sky News reported on Wednesday.

3AC reportedly borrowed BTC From crypto lending firm BlockFi but was unable to meet a margin call due to the bear market. The VC firm was estimated to incur $400 million in liquidations across multiple positions.

More info: https://bit.ly/3nomV9d
Michael Saylor's company has purchased another lump of Bitcoin evaluated at roughly $10,000,000, according to a tweet the CEO posted just now.

The average price paid for Bitcoin by the software intelligence giant MicroStrategy was $20,817 per one BTC. As of now, the company has 129,699 Bitcoins in its storage worth nearly $4 billion.

More info: https://bit.ly/3I4pbwc
The Pentagon has commissioned a study that has discovered some concerning vulnerabilities, detailed in an accompanying report.

“The number of entities sufficient to disrupt a blockchain is relatively low: four for Bitcoin, two for Ethereum, and less than a dozen for most PoS networks.”

More info: https://bit.ly/3QXwcmb
Grayscale Investments has launched a legal challenge against the Securities and Exchange Commission (SEC) after being denied its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin exchange-traded fund (ETF).

More info: https://bit.ly/3y8naKA
Despite its skeptical approach to digital currencies, exacerbated by the recent cryptocurrency market crash, it looks like the Bank for International Settlements (BIS) intends to extend its hand to the new asset class by allowing banks to hold up to 1% of reserves in cryptocurrencies such as Bitcoin (BTC).

More info: https://bit.ly/3OxJ94B
Cryptocurrencies are popular, despite their wild price swings. Ergo, it is no surprise that Jacobi Asset Management announced on Thursday that it would introduce the first Bitcoin exchange-traded fund (ETF) in Europe on the Euronext exchange.

More info: https://bit.ly/3bFEkb4
The Commodity Futures Trading Commission filed a lawsuit today against Cornelius Johannes Steynberg and Mirror Trading International Proprietary Limited (MTI), charging them with fraud and registration violations.

The complaint accuses Steynberg of engaging in an international fraudulent multilevel marketing (MLM) scheme that brought in 29,421 BTC, worth over $1.7 billion.

More info: https://bit.ly/3nvQBkU
Crypto exchange platform Coinbase denied reports alleging that the company is selling its customer information to the United States Immigration and Customs Enforcement (ICE), an agency that works under the country’s Department of Homeland Security.

More info: https://bit.ly/3yzuBvZ
Ankr, a node infrastructure provider for proof-of-stake blockchains, has suffered a domain name system (DNS) hijack on the endpoints for Polygon and Fantom, according to a tweet by Polygon's chief information security officer Mudit Gupta.

More info: https://bit.ly/3y1Fy7O
Meta has begun the roll out of a non-fungible token (NFT) feature on Facebook, just a week after chief executive Mark Zuckerberg had announced the plan.

More info: https://bit.ly/3OWJYUA