[Weekly News] — the 1st week of July
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Let’s find out what was the hottest bitcoin and cryptocurrency news this week!
It’s already summer! Are Reapchain investors enjoying their vacation?
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JYP Entertainment enters NFT platform business with Dunamu
Yonhap News reported that JYP Entertainment will enter the K-pop-based NFT (Non-Fungible Token) platform business in partnership with the blockchain company Dunamu.
According to the report, it is actually the first time for a large domestic music agency to officially enter the K-pop NFT platform business. JYP said, “In partnership with Dunamu, we signed a strategic business alliance the previous day to develop, provide and operate a platform business that develops, provides and operates a series of additional services, including production, distribution, and trading of NFT-linked digital goods centered on K-pop.
Foreign Press, George Soros Fund “Permission to Trade Cryptocurrencies such as Bitcoin”
Dawn Fitzpatrick, chief investment officer at George Soros Fund Management, has reportedly internally allowed active trading of cryptocurrencies, including bitcoin, in recent weeks, reported The Street.
In March, NYDIG, a cryptocurrency investment group, completed a $200 million funding round, foreign media reported that Soros Fund, Morgan Stanley, Stoneridge, and MassMutual participated.
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