Justin Sun Says He's Ready To Spend $5B On Acquisitions As Crypto Firms Struggle
Tron founder Justin Sun says he’s willing to spend up to $5 billion to help ailing crypto firms. Sun told The Block that Tron is engaging an investment bank to advise on potential deals.
Logan Paul's Most Expensive Pokemon Card Is Becoming An NFT
YouTuber and new professional wrestler Logan Paul had bought himself the world’s most expensive Pokemon card in the form of the extremely rare Pikachu Illustrator.
Solana Labs Is Being Sued For Selling Unregistered Securities
The class-action lawsuit filed by the Solana investor claims that SOL is unregistered centralized security.
Bored & Hungry NFT Restaurant To Open 2nd Location In Seoul Korea
Bored & Hungry, the first NFT-themed restaurant will open its second location in Seoul, South Korea. Its mother company, Food Fighters Universe, signed a deal with Hungry DAO for the international launch.
Spain’s Largest Bank Santander To Hold Digital Awards Ceremony In The Metaverse
Santander is going to hold an awards ceremony in the Decentraland metaverse on July 14 for its ‘Santander X Global Challenge | Blockchain,’ the bank said in the announcement on its website on July 7.
Italian Government Halts Sales Of NFTs Based On Masterpieces From The Country’s Museums
The Italian government has put a hold on the sale of NFTs based on classic Italian Renaissance paintings, the Art Newspaper reports.
“Given that the matter is complex and unregulated, the ministry has temporarily asked its institutions to refrain from signing contracts relating to NFTs,” a spokesperson for Massimo Osanna, the director general of museums in Italy,
Texas & Alabama Regulators Are Increasing Scrutiny Into Celsius & Voyager
State securities regulators have started investigating the embattled crypto companies that went underwater during the recent market turmoil. Texas and Alabama regulators are reportedly expanding investigations into Celsius and Voyager.
AMC Stock Climbs Higher As CEO Rolls Out NFT Incentives
AMC Entertainment is in the spotlight for the second straight day thanks to tweets from its CEO. The company will now give out NFTs to its shareholders. AMC still needs a stronger catalyst than that and it reports earnings in one month.
NBA All-Star Bam Adebayo Will Join The NFT Initiative
Bam Adebayo, a Miami Heat center, NBA All-Star, and philanthropist, will join the NFT initiative Black is Beautiful as a Founding Collaborator with a focus on elevating artists of color throughout the Web3 sector and beyond, House of First and The Painted House announced today.
Bitcoin, Ethereum, Cronos, & Stellar Daily Crypto Price Analysis
The crypto market has shown a decline in its performance as it has shed 1.42% over the last day. Bitcoin has also turned bearish as its gains have been reduced to 1.94%. Ethereum is no better than Bitcoin, as it has shed 2.57%. Cronos and Stellar are both bearish as they have shed 1.19% and 3.01%.
Source
