Ripple announced the opening of a new office in Toronto, Canada, with the intention of hiring 50 engineers, with the goal of hiring hundreds of other blockchain software developers, including scientists with experience in applied machine learning and scientists with experience in data management. — According to a statement made by the Ripple team on June 22, the new office is expected to play a vital role as a technology hub for blockchain and cryptocurrency solutions, as well as simplify the development of its operations in North America and other parts of the world.

As the cryptocurrency industry grows, organizations and individuals are increasingly using non-fungible tokens to communicate with their audiences. — Concrete statistics Data from Michael Kondoudis’ The Law Office of Michael E. Kondoudis’s June 13 chart show that there were more than 4,000 NFT-related trademarks in the United States as of January 1. and May 31, 2022. The exact number is 4,049. This means that, on average, 27 new NFT trademarks were…

Short-term Bitcoin holders appeared to be capitulating, according to Yassine Elmandjra, an analyst at ARK Investment Management. — The MVRV report, which measures the market value of Bitcoin in relation to its realized value, decreased by 35% from the break-even point.

Bank of America CEO: We have hundreds of blockchain patents, but regulators block us — However, this area is still largely unregulated, and some financial experts say that the lack of regulations (or agreement on them) is slowing down the spread of the new asset class. One of them is Brian Moynihan, who is the CEO of Bank of America (NYSE: BAC). In an interview…

Do you think that you will succeed? — After the sudden collapse of the stable algorithmic currency TerraUSD (UST), the company decided to create a new blockchain that will launch tokens in proportion to the number of people affected. Do Kwon’s proposal accepted by the majority In all, 65.5% of all votes supported Kwon’s proposal. Only 13.2% who opposed…

Anthony Scaramucci, CEO of SkyBridge Capital, recently told Business Insider that he bought a large Algorand (ALGO). Scaramucci says he likes the technology used in the project. — Silvio Micali, an Italian computer scientist, created the Algorand blockchain, a high-speed blockchain. In Micali’s view, Bitcoin, the first cryptocurrency, is just a “Neanderthal”. No extreme panic Scaramucci, who has gone through eight bear markets, believes that most traders have not given up yet because they are not in a state…

After cryptocurrency prices fell sharply, JPMorgan (NYSE: JPM) said that the fair price of Bitcoin is 28% higher than today ($ 29,811). This means that there is a “considerable advantage here” to Bitcoin, which is the most popular cryptocurrency. — Bitcoin is becoming the preferred alternative asset according to JPMorgan According to a Market Insider report, the bank said in a May 25 note that cryptocurrencies are now more important to it than real estate as an “alternative asset.”

The Norwegian parliament has rejected a proposal to ban Bitcoin mining, allowing the country’s crypto-mining industry to thrive. — Environmental protection — the main reason for the ban proposal The proposal, which was first discussed by the Red Party in March, was rejected by a parliamentary vote on May 13. …

Following last week’s spectacular collapse of the Terra ecosystem, Ethereum founder Vitalik Buterin says he has an idea of ​​how to compensate TerraUSD (UST) owners. — Help for UST holders from the crypto community The idea was first proposed by a Twitter account called PersianCapital and involves prioritizing the smallest holders to help them regain 100% of their lost funds through Anchor, Terra’s loan protocol.