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Top 10 Crypto News, 23rd June
Top 10 Articles For The Day. Trending News That You May Have Missed Out On. We Find The News So You Don't Have To!
Ankita K.
1:33 23rd Jun, 2022

RBI, Indian Banks To Pilot Blockchain Trade Financing: Report

HDFC Bank, ICICI Bank and State Bank of India are among the banks participating in the project designed to prevent loan fraud. The Reserve Bank of India (RBI) is looking to develop a proof-of-concept blockchain project focused on trade financing, alongside multiple top Indian banks, the Economic Times reported on Thursday.

eBay Acquires UK-Based NFT Marketplace KnownOrigin

E-commerce giant eBay has picked up Manchester-based NFT marketplace KnownOrigin, for an undisclosed sum, in a deal finalized on Tuesday. The acquisition comes as the current market climate and appetite for NFTs has wavered in recent months.

A ‘Very Ambitious’ $100M Metaverse R&D Hub Is Being Built In Melbourne

Thailand based metaverse startup Translucia Global Innovation has partnered with the Australian software development firm Two Bulls and set aside an initial budget of $100 million to build a Metaverse Research and Development Center (MRDC) in Melbourne.

Meta Set To Begin Testing NFTs On Instagram Stories With Spark AR

Earlier this week, Meta also announced it would join with other tech companies to create a Metaverse standards body. Instagram's parent company, Meta, announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform Spark AR.

Coinbase To Replace Its Pro Service & Buddle It Under One Roof

Coinbase will replace its professional-focused service with “Advanced Trade” which is expected to rolled into its standard platform. Coinbase is ending its more than four year run with its Pro service in a move viewed by some as bundling fees into one platform.

Stablecoin Dominance Hits All-Time High As Crypto Winter Deepens

When traders and investors exit their crypto asset positions, they usually convert them into stablecoins before taking them off exchanges as fiat. That exodus has been going on for the past six weeks, causing the stablecoin market share to grow.

New York City Pride Parade Will Also Be Marching Through The Metaverse

LGBT event organizers see the metaverse as technology of the emerging Web3.0 world that opens doors and opportunities for marginalized communities.

Bybit Enters Into Settlement Agreement With Ontario Securities Commission (OSC)

Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day after the OSC released a Statement of Allegations against the crypto asset trading platform.

Singapore Regulator Vows To Be ‘Unrelentingly Hard’ On Crypto

Singapore will be “brutal and unrelentingly hard” on bad behaviour in the crypto industry, according to its fintech policy chief, marking a stark shift in rhetoric after years of the city-state courting the sector.

Bitcoin, Ethereum, Solana, & Polkadot Daily Crypto Price Analysis

The crypto market has remained bearish as the losses amounted to 0.86%. Bitcoin has changed little as the amount of losses is about 1.05%. Ethereum has also been attempting to revive value as it has shed 2.94%. Solana and Polkadot are both bearish as they have shed 2.24% and 1.39%.

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