Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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stablecoin news
- usdt Issuer lanyard Told That, between now and the whole of 2023, it will reduce the secured debt in its reserves to zero. It added that “in response to the most recent attack on Tether, the company reiterates that the secured loans held in its reserves are highly collateralized and covered by highly liquid assets.”
legal news
- mixture dao and seven other defendants were sued by three complainants who claimed they suffered damages after purchasing some $98 worth of computer application token. To document, the defendants were accused of selling unlicensed securities.
regulation news
- Australian The government is planning to set up a framework for licensing and regulating crypto service providers in 2023. according For the statement, “Next steps in the government’s ongoing ‘token mapping’ work will include releasing a consultation paper in early 2023 to inform which digital assets should be regulated by financial services laws.” , and the development of appropriate custody and licensing settings to protect consumers.”
DeFi News
- Major Crypto Exchanges coinbase now fully supports usd coin (usdc) Feather Avalanche (avax)“Creating the way for over 100M Coinbase users to move from cash to mainstream decentralized finance (DeFilike apps Come on, curve, trader joe, benkyeven more,” Told the announcement. It added that users can now directly on-ramp cash to USDC without the need for intermediaries such as Bridges and vice versa.
- oracle service provider chain link and for layer 2 scaling solution Ethereum dapp Development Mediation Announced the launch of Chainlink Automation, a smart contract automation solution on Arbitrum One. many projects including Category And armadillo, caskAnd DeFiEdgeThe press release states that Arbitrum is already integrating Chainlink automation into its dapps to trigger key smart contract actions on One.
investment news
- front runnerA Decentralized Sports Prediction Market Raises $4.75M Funding Round Susquehanna Private Equity Investments LLP, Soma Capital, Gilgamesh Ventures, FBG Capital, Entrepreneur Roundtable Accelerator, Toy Ventures, Gaingels, laser prime, WAGMI VENTURESAnd NOA Capital, According to an announcement, the funding will be used to enhance Frontrunner’s product and engineering team as well as streamline product development and licensing.
nft news
- This week, Auction House sotheby’s and non-profit organizations CityKids Foundation The first Keith Haring will leave non-fungible tokens (nft, In 1986, artist Keith Haring and the CityKids Foundation co-created the ‘Speak on Liberty’ banner, a 90′ x 30′ banner to headline that year’s Miami Art Week. Sotheby’s teams up with CityKids and Deepak Chopra web3 accelerator service. love To support the launch of NFTs, it said. Online bidding for ‘Speak on Liberty’ will be open from December 15 to 21 on Sotheby’s online auction platform.
- hep ,metaverse Fashion Model) and the Metaverse Protocol caduceus A press release announced the launch of a new marketplace that enables owners to have complete control over how they are styled. Users can purchase Hape clothing on-chain using Caduceus’ native token CMP and link them to their avatars in a fashion index, a wardrobe and ranking system. Stock is limited, and some items will be more limited than others.
- draft kings, Pixel Vault Inc.And this NFL Players Association (NFLPA) announced a collaboration during which select professional football players will be transformed into superheroes created by Pixel Vault, available for purchase. DraftKings Marketplace, The full list of players will be announced in the coming days, a press release said. Player cards will be playable exclusively in Reenmakers Football Contests, an NFT-based game from DraftKings.
- aboveDecentralized infrastructure for an open, AR (augmented reality)-enabled metaverse launches its Map2Earn Beta The program enables anyone with a smartphone to participate and earn rewards, said an announcement. Using the phone camera to take photos of a physical location through the OVER app, users create an OVRMap while creating a shareable 3D fly-through video of their location.
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