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Bi-Weekly News Recap

News From Our Partners

AssetDash

AssetDash hosted the Sharky Finance team in their podcast show, to discuss NFT-collateralized loans. Listen to the episode on Spotify or Youtube. Keep an eye out for AssetDash updates on their Twitter, as they continue to work on adding new asset classes to their portfolio-tracking platform.

Blockasset

On May 31st, Blockasset held a flash sale which allowed investors to buy floor NFTs and stake them for 60 days to obtain $BLOCK rewards. Also, the latest BLOCKPARTY episode features Dana White, Laura Sanko, AJ Vaynerchuk; watch it here.

Genopets

$GENE single-asset staking launched on May 27th. Read all about it here. On June 3rd, Genopets also completed their Water Crystals NFT sale; all details about the sale can be found here. Genopets is the first Move-to-Earn game, having launched in the Fall of 2021.

Aleph Zero

Aleph Zero is the first Substrate solo-chain to become available in the Talisman wallet (access all the details here). You can also use the SubWallet and Nova Wallet with $AZERO. As a reminder, $AZERO staking launched early 2020 and more than 70% of the total supply is currently staked.

Notable Investment News

Swash

AdShares partnered with Swash to launch sAds, their native ads feature allowing users to earn against their ad attention. Read the official announcement here. AdShares operates a decentralized system connecting publishers and advertisers.

Major Headlines in Crypto

Binance gets approval to operate in Italy, will open office in Milan

https://cointelegraph.com/news/binance-gets-approval-to-operate-in-italy-will-open-office-in-milan

City of Shenzhen airdrops 30M in free digital yuan to stimulate consumer spending

https://cointelegraph.com/news/city-of-shenzhen-airdrops-30m-in-free-digital-yuan-to-stimulate-consumer-spending

Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests

https://cointelegraph.com/news/wealthy-coinbase-clients-are-still-hodling-bitcoin-since-december-2020-data-suggests

Polkadot’s Moonbeam Adds Liquid Staking Giant Lido

https://www.coindesk.com/business/2022/05/31/polkadots-moonbeam-adds-liquid-staking-giant-lido/

Immutable proposes the Otherside metaverse should be built on its Layer 2 network

https://www.theblockcrypto.com/post/149623/immutable-proposes-the-otherside-metaverse-should-be-built-on-its-layer-2-network

Once-Resistant Kanye West Files NFT Trademark Applications

https://www.coindesk.com/business/2022/06/01/once-resistant-kanye-west-files-nft-trademark-applications

South Korean government becomes an early investor in the Metaverse

https://cointelegraph.com/news/south-korean-government-becomes-an-early-investor-in-metaverse

US energy company opens crypto mining facility in Middle East to use stranded natural gas

https://cointelegraph.com/news/us-energy-company-opens-crypto-mining-facility-in-middle-east-to-use-stranded-natural-gas

Crypto.com gets nod in Dubai and FTX launches in Japan

https://cointelegraph.com/news/crypto-com-gets-nod-in-dubai-and-ftx-launches-in-japan

Central African Republic announces plan to tokenize country’s minerals

https://www.theblockcrypto.com/post/150041/central-african-republic-announces-plan-to-tokenize-countrys-minerals

Ethereum’s Ropsten test merge expected to initiate in next 48 hours

https://www.theblockcrypto.com/post/150450/ethereums-ropsten-test-merge-expected-to-initiate-in-next-48-hours

FTX will not freeze hiring amid layoffs at other crypto firms, CEO states

https://cointelegraph.com/news/ftx-will-not-freeze-hiring-amid-layoffs-at-other-crypto-firms-ceo-states

PayPal adds new crypto services including transfers to other wallets

https://www.theblockcrypto.com/linked/150437/paypal-adds-new-crypto-services-including-transfers-to-other-wallets

Edge launches flagship cryptocurrency Mastercard at Consensus 2022

https://invezz.com/news/2022/06/08/edge-launches-flagship-cryptocurrency-mastercard-at-consensus-2022/

Jay-Z, Jack Dorsey Unveil ‘Bitcoin Academy’ for Brooklyn Public Housing Residents

https://www.coindesk.com/business/2022/06/09/jay-z-jack-dorsey-unveil-bitcoin-academy-for-brooklyn-public-housing-residents/

UFC Taps VeChain as First Official Layer 1 Blockchain Partner

https://www.coindesk.com/business/2022/06/09/ufc-taps-vechain-as-first-official-layer-1-blockchain-partner/

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DISCLAIMER: Content in this article does not constitute financial advice. Cryptocurrencies are volatile assets. Always do your own research and invest at your own risk.

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