Diablo IV Fashion Line Can Summon an AR Demon
News

Diablo IV Fashion Line Can Summon an AR Demon

This story comes from GG. Your Web3 Gaming Power-Up Discover GG What does one wear for a visit to the realm of pure evil? Fashion designer and digital creator Charli Cohen would say denim is in style. Timed to coincide with the recent launch of Blizzard Entertainment’s hotly anticipated game, Diablo IV, a game-themed apparel collection dropped last week at…

Continue Reading

Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
News

Maple Finance announces direct lending to fill the void left by BlockFi, Celsius

Web3 lending platform Maple Finance has announced the launch of a direct lending program, according to a June 28 fact sheet from the platform’s development team. The program is intended to replace services previously provided by Celsius, BlockFi and other now-bankrupt lenders. The first lending pool will be available sometime in July, the company stated. Introducing Maple Direct, the new…

Continue Reading

The Metaverse is Coming to Bitcoin, Declares Bitmap Theory
News

Crypto Firms Swan, Coinbits Disclose Prime Trust Ties as Fallout Continues

Crypto companies that were partnered with Prime Trust are clearing the air about the safety of customers’ assets following the custodian’s failure.  Some firms—many of which declare proudly that they are ‘Bitcoin only’—are in worse shape than others.  “There are still many unknowns, but we intend to fight for our members that have funds locked up with Prime Trust,” tweeted…

Continue Reading

BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
News

BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report

The Bank for International Settlements (BIS) Innovation Hub published an interim report on Project Mariana, its collaboration with the central banks of France, Singapore and Switzerland, on the use of wholesale central bank digital currency (wCBDC) in tokenized foreign exchange trading. The project is a proof-of-concept that considers questions relating to credit and settlement risk and interoperability. Specifically, the project…

Continue Reading

Ex-Trader Finally Ordered to Pay $54 Million Fine by CFTC
News

Ex-Trader Finally Ordered to Pay $54 Million Fine by CFTC

Another crypto fraudster that profited heavily from the 2017 ICO bull mania is finally receiving his just deserts, a whole 41 months after he was charged by the Commodity Futures Trading Commission (CFTC) on February 11, 2020. Previous CFTC cases against financial fraudsters in crypto, such as CabbageTech, Mirror Trading International, or Empowercoin have taken far less time to resolve.…

Continue Reading

Staked ETH surpasses 23 million in June — Nansen
News

Staked ETH surpasses 23 million in June — Nansen

The volume of Ether staked keeps reaching new heights since the Shapella upgrade in April, crossing 23 million Ether locked in June.  According to data from analytics firm Nansen, a total of 23.3 million Ether (ETH) was staked as of June 27, amounting to $43.1 billion at the time of writing and representing nearly 20% of the current $220 billion supply of…

Continue Reading