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  • eBay ventures into metaverse and NFTs with three trademark applications

    eBay ventures into metaverse and NFTs with three trademark applications

    American eCommerce giant eBay is the latest mainstream brand interested in the metaverse after submitting various trademark applications for different products in the space.

    The company applied for non-fungible tokens (NFT), NFT exchanges and NFT trading, virtual goods marketplaces, and online retail stores with physical and virtual goods. The application was submitted before the United States Patent and Trademark Office (USPTO) on June 23.

  • American consumers holding on to crypto in spite of market correction

    American consumers holding on to crypto in spite of market correction

    According to a new survey conducted by Morning Consult, 19% of U.S. adults reported owning digital assets in mid-June after the price of the world’s largest cryptocurrency plunged below the $20,000 level.

    The percentage of American cryptocurrency owners has remained unchanged since the start of the year despite the fact that Bitcoin was trading at a much higher price in January.

  • USTC rises 244.9% after 24h

    USTC rises 244.9% after 24h

    Terra Classic USD (USTC), the stablecoin of the Terra Classic ecosystem, has managed to register a surge of more than 638% over the past 7 days.

    USTC’s trading volume reached $457.17 million, 7 times the average trading volume of the previous 10 days. With these achievements, USTC has become the leading asset in the Top Gainers on ONUS.

  • Whale accumulated more than 4,300 BTC

    Whale accumulated more than 4,300 BTC

    According to Whale Alert, in the last 24 hours, 4,386 BTC was transferred from Coinbase to an unknown wallet. This amount of Bitcoin is worth $90,767,802.

  • European Union plans to ban interest payments on deposits in stablecoins

    European Union plans to ban interest payments on deposits in stablecoins

    European Union plans to ban interest payments on deposits in stablecoins

    The European Union is preparing to ban cryptocurrency platforms from charging interest on stablecoin deposits, according to Patrick Hansen, head of strategy at DeFi at Unstoppable Finance.

    Lawmakers will set high regulatory requirements for issuers of all types of stablecoins, with no exceptions being made for algorithmic ones. The decision will be announced at a meeting of representatives from the European Parliament, the European Commission and the Council of the European Union on June 30.

  • Bitcoin miners sell their holdings amid crypto winter’s chill

    Bitcoin miners sell their holdings amid crypto winter’s chill

    According to Glassnode, Bitcoin miners have been forced to tap into their cryptocurrency stashes as a plunge in prices, rising energy costs, and increased competition bite into profitability.

    Bitfarms said it sold roughly 3,000 Bitcoin in June to reduce its debt and Core Scientific sold more than 2,000 BTC in May to pay operating costs. Only Marathon still insists that they will continue to accumulate Bitcoin.

  • Central African Republic president launches crypto initiative following Bitcoin adoption

    Central African Republic president launches crypto initiative following Bitcoin adoption

    Central African Republic president launches crypto initiative following Bitcoin adoption

    Faustin-Archange Touadéra, president of the Central African Republic, has announced the government will be launching Sango, an initiative centered around developing the country’s blockchain infrastructure.

    The Sango project’s plans include building a “legal crypto hub” aimed at attracting businesses and global crypto-enthusiasts, expanding the adoption of Bitcoin in the country, and creating a virtual “crypto island” — a special economic zone in the metaverse.

  • Harmony hackers begin laundering Ethereum stolen from Horizon bridge

    Harmony hackers begin laundering Ethereum stolen from Horizon bridge

    The hackers responsible for stealing $100 million in altcoins from Harmony Protocol’s Horizon bridge have begun to launder the funds, according to PeckShield.

    The hackers sent three transactions from the address used in the June 23rd hack totaling around 30K ETH (around $36 million) to the mixing service Tornado Cash, with $64 million still in the hacker’s Ethereum wallet, according to blockchain analysis by the blockchain security company.

  • SHIBA INU burn portal hits another significant milestone in amount of SHIB burned

    SHIBA INU burn portal hits another significant milestone in amount of SHIB burned

    After the SHIB burn portal launched, SHIB owners went to burn their tokens in great numbers, resulting in an astounding eight billion tokens being destroyed in less than 24 hours.

    As the SHIBA INU burn portal continues to achieve new milestones, recent reports indicate that more than 56 billion SHIB tokens have been burned.

  • Metaverse features expected in HTC’s new phone

    Metaverse features expected in HTC’s new phone

    HTC is expected to launch a new mobile phone with metaverse features on Tuesday, as the virtual reality (VR) gear and smartphone maker continues its Web3 expansion. HTC is among the early phone makers to experiment with blockchain technology.