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Ripple Submits Crypto Regulation
Ripple Partners With Fluf World To Bring ‘Open Metaverse’ via the Root Network

Ripple and Fluf World announced partnership to launch ‘Open Metaverse’ via The Root Network. The Root Network will connect to the Global XRP community to grant access to NFTs over FLuf’s ecosystem. The Open Metaverse allows other projects to mint, buy, sell, or trade in-network tokens on The Root Network Ripple, the company behind XRP, has partnered with Fluf World to launch an ‘Open Metaverse’ via The Root Network. According to the Fluf world’s press release, the partnership claims to bring great possibilities to both of their communities by expanding the utility of XRP as its default gas token.  The

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CZ Amid LUNA Crash: “Manage Your Risks. We Can Handle Ours”
CZ Clarified a News Title, Saying It’s a ‘Little Off’

Binance’s chief Changpeng Zhao said the title from an article of Fortune is a ‘little off’. The title stated that CZ says the crypto downturn is far from over. Zhao clarified that he couldn’t predict the future of the market. Binance’s CEO Changpeng Zhao, commonly known as CZ, complimented a certain article from New York-based multinational business magazine Fortune. In a tweet, the Binance chief said it was a “good article.” Yet, he corrected the title part of it saying it’s “a little off.” Zhao said the article was published after he did a couple of interviews from livestreams. Adding

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What-happened-With-Celsius,-and-How-its-Crypto-Lending-Burned-Out
What happened With Celsius (CEL), and How its Crypto Lending Burned Out

Crypto lending firm Celsius opened a bundle of loans. The firm bought more than $500M worth of stETH but its value dropped due to extreme market conditions. The situation has caused the firm to halt withdrawals. Earlier this week, the crypto market was in turmoil after Celsius’ amassed $20 billion in assets at its peak had been dissolved, which led into a solvency crisis. Technically, Celsius is a do-it-all app that provides its customers seamless and trusted access to crypto services. The company is a custodial asset manager that allows users to access regulated loans and yield, for a transaction

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USDC-Issuer-Circle-to-Launch-Euro-Backed-Stablecoin-EUROC
USDC Issuer Circle to Launch Euro-Backed Stablecoin EUROC

Issuer of USDC, Circle, will launch a new stablecoin called Euro Coin (EUROC) EUROC will be officially launched on June 30th. Developers can now start integrating Euro coin’s smart contract today. Circle, the financial tech firm behind USDC, will be launching a new stablecoin called Euro Coin (EUROC). The new stablecoin was designed with a full-reverse model same as USDC to ensure the coin is redeemable 1:1 for euros. Even though traders have lost their trust to stablecoins due to the recent depegging of UST, the fintech still decided to launch the additional stablecoin backed by euro reserves. A euro-denominated

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MicroStrategy-CEO-Michael-Saylor-Bitcoin-is-the-Best-Performing-Asset
Michael Saylor: Bitcoin is the Best-Performing Asset

MicroStrategy CEO Michael Saylor explained on CNBC why Bitcoin is the best asset. Saylor said today is the best time to buy Bitcoin amid the crypto meltdown. Bitcoin is currently trading at $21,105.83, down 0.05% over the last 24 hours according to CoinMarketCap. MicroStrategy CEO Michael Saylor talked about Bitcoin on CNBC news telecast Wednesday amid crypto meltdown, explained why it is the best-performing asset compared to gold and other investments. He emphasized why he thinks that Bitcoin will out-perform other assets. Saylor claims Bitcoin is the ‘first and the only legitimate scarcity’ in the universe.  In August 2020, his

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Crypto-Giant-Binance-Opens-2000-Positions-Amid-Industry-Wide-Downsizing
Binance Opens 2000 Positions Amid Industry-wide Downsizing

Binance’s CEO Changpeng Zhao shared to his 6.4M Twitter followers about the company’s 2,000 open positions amid market crash. The company was hiring despite vast layoffs from other industries and firms. Zhao said the company is now preparing for the next bull market. Leading cryptocurrency exchange Binance braggingly announced that the company is hiring 2,000 new employees amidst the ongoing crypto market crash. Changpeng Zhao, the founder and CEO of Binance, confirmed on Wednesday the company’s massive hiring despite the multiple layoffs from other crypto exchanges. However, the top executive didn’t provide details about what positions are available. BInance’s action was

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P2E NFT Bird World Launches on Binance NFT
P2E NFT Bird World Launches on Binance NFT today

Bird World NFTs will be available at the NFT marketplace of Binance today. Each mystery box that contains the NFTs will be sold for 500 BUSD a piece.  The NFTs will be used for its upcoming GameFi and metaverse game. Bird World, the first NFT bird game based on the BNB Chain network blockchain, announced via Twitter the launch of its NFT collection today on Binance NFT marketplace at around 5:00 am UTC. The problem of most “play-to-earn” games on the market today is that they focus on the revenue side rather than the overall gameplay, matches aren’t always fair,

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Think-Tank-Infrawatch-PH-Asked-Central-Ban-to-Suspend-and-Ban-Binance-in-the-Philippines
Think-Tank Infrawatch PH Request To Suspend and Ban Binance PH

Think-tank Infrawatch PH wrote to the central bank of the Philippines to suspend and ban Binance. The think-tank agency stated that the request was due to the exchange’s action to operate without Virtual Asset Services Provider (VASP) license. Last week, Binance said the company is processing its VASP and EMI license in the country. Think-tank Infrawatch PH wrote to Banko Sentral ng Pilipinas, central bank of the Philippines, on Wednesday asking to “suspend and ban” the leading crypto exchange Binance for operating in the country in the absence of a Virtual Asset Services Provider (VASP) license. The letter’s opening as

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BSC, Animoca Brands Launch $200M NFT Gaming Fund
Bill Gates: Crypto and NFTs Are “100% Based on Greater Fool Theory”

Microsoft co-founder Bill Gates thinks that crypto and NFTs are “100% based on greater fool theory.” Gates jokingly said “digital images of monkeys” will “improve the world immensely.” The billionaire confirmed that he’s not involved in crypto and won’t buy it. Bill Gates, the multi-billionaire Microsoft co-founder, talked about his views in regards to cryptocurrencies and NFTs at TechCrunch talk on climate change Tuesday. Gates, who is currently the fourth-richest person in the world, is not a fan of crypto and NFTs as he categorized both of them as “100% based on greater fool theory.”  The multi-billionaire sarcastically stated that

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SuperRare-Partnered-with-Vertical-Crypto-to-Launch-3-day-NFT-festival-in-London (1)
SuperRare Joins Vertical Crypto to Launch 3-Day NFT Festival in UK

Vertical Crypto collaborated with SuperRare and Tezos for a 3-day festival for art and culture. This will be the first NFT festival in London that features art, fashion, and music. The event is going to be held at Fabric London from July 6-8 and tickets are now available. SuperRare, a marketplace exclusive for crypto artworks, announced a partnership with Vertical Crypto to present ‘Proof of People’, London’s first captivating 3-day festival for art and culture from July 6th to 8th. The festival will exhibit art, fashion, and music among other things through a metaverse culture and NFT-backed technology perspective. The

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Binance-Refugee-Crypto-Card-Helps-70,000-Ukrainian-Refugees
Binance Refugee Crypto Card Helps 70,000 Ukrainian Refugees

Binance launched a Refugee Crypto Card to help displaced Ukrainians.  Almost 70,000 refugees have been issued this card already.  Around 4,000 have got their approval and 1,700 have begun to receive funds. Binance issued crypto cards for its users in the war-torn regions for Ukrainians. In detail, the card allows its holder to receive financial support and make payments. This is one of the many possibilities of crypto that Binance has always promised to deliver.  So far, from late April till Early June, about 70,000 refugees have gotten their Binance Refugee Crypto Card. The card made its debut in April

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Bitcoin Is 9th Most Valuable Asset in the World, Beats META
Multi-Billionaire Ricardo Salinas to Buy More Bitcoin Amid Crypto Crash

Multi-billionaire Ricardo Salinas Pliego is buying more Bitcoin despite the market crash. He stated that the crash was painful, yet he’ll regret not buying at this price. The current price of Bitcoin is at $22,381.46. Ricardo Salinas Pliego, the chairman and CEO of Salinas Group, shared to Twitter his views about the current Bitcoin crash. Noting that he’ll regret not buying more at Bitcoin’s current price. I’m not sure what hurts more the nose surgery or the #Bitcoin crash 😂😆. I do know that in a couple of days my breathing will be much better than before… About the bitcoin

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