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  • Fintech Firm Arranges the First Digital Asset Deal in Russia
    on June 29, 2022

    VTB Factoring, a subsidiary of Russia’s state-owned bank VTB, announced on Wednesday that it conducted the first cash-backed major transaction with crypto assets. According to the bank, the transaction resembled the issuance of short-term […]

  • Who Will Build the Metaverse?
    on June 29, 2022

    Will the metaverse be developed by incoming web3 natives, existing web2 powerhouses, gamers, NFT pioneers or someone else entirely? The answer is unlikely to be clear-cut, in the same way, that we cannot point to a single faction that built out the […]

  • CoinFLEX Issues rvUSD Token to Cover for Investor’s Default on Debt
    on June 29, 2022

    Coin Futures Lending Exchange (CoinFLEX) issued a new token called Recovery Value USD (rvUSD) on Tuesday. The token, whose issuance will be halted on July 1, 2022, is targeted at covering the shortfall in the trading platform’s books. […]

  • Old BTC Supply Hits All-Time High
    on June 29, 2022

    Dormant BTC addresses are rising sharply in the latest crypto winter. According to the data published by Glassnode, a prominent on-chain analysis platform, Bitcoin supply that was last active at least 10 years ago touched another all-time high of […]

  • Three Arrows Capital Gets Liquidation Order from BVI Court
    on June 29, 2022

    A court in the British Virgin Islands (BVI) has ordered the liquidation of Singapore-based Three Arrows Capital (3AC), a cryptocurrency-focused hedge fund, according to a Sky News report. Though there is no official confirmation, the court order […]

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