What's Hot

    Ripple (XRP): Launch of the CBDC Innovate Challenge

    June 30, 2022

    a very unprofitable cryptocurrency

    June 30, 2022

    Elrond (EGLD) creates an NFT platform for Romania

    June 30, 2022
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    THECRYPTNEWS
    • Home
    • News
    • Guides
    • NFT
    • Analysis
    THECRYPTNEWS
    Home » SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News
    News

    SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News

    AdminBy AdminDecember 23, 2021No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Source: A screenshot, Instagram / thesandboxgame

    Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

    __________

    Adoption news

    • International money transfer giant SWIFT is planning experiments in Q1 2022 to explore how it can support “interoperability in the development of the tokenized asset market,” per an announcement from the company. These experiments will use both established forms of payment and central bank digital currencies, they added.
    • Pavel Durov, the co-founder and CEO of the popular messaging app Telegram, said he is proud that the Telegram Open Network (TON) technology is still being developed, even after Telegram officially abandoned the project last year, calling the project “years ahead of everything else in the blockchain realm.” The remarks came as Donate, a Telegram-verified payments service, said it will enable donations on Telegram using the Toncoin cryptocurrency.
    • Accepting cryptocurrency payments gives businesses a competitive edge, according to respondents to a survey conducted by crypto payments firm Mercuryo. Moreover, 68% of respondents said B2B transaction fees are too high and that “it is time for an industry change,” according to the firm.
    • The decentralized application (dapp) store DappRadar said it will extend its business-to-consumer dapp store to include business partners. The announcement comes after the company last week shifted to a more decentralized model and introduced its own RADAR token.

    Exchanges news

    • Binance coin (BNB) is “moving closer to a decentralized autonomous organization (DAO) structure than an ‘exchange’ coin,” Binance CEO Changpeng Zhao said, after Binance announced a new “auto-burn” function had been integrated into the BNB protocol. The quarterly burn will be replaced with BNB Auto-Burn to provide greater transparency and predictability to the BNB Community, the company said.
    • Coinbase said it will link up with software company In fusion‘s Order Execution Management System to give institutional customers with a Coinbase Prime account the opportunity to trade seamlessly from Enfusion’s platform.
    • The decentralized exchange (DEX) Uniswap (UNI) has been deployed on the Ethereum (ETH) Layer 2 network Polygon (MATIC), according to a blog post from Polygon.

    Metaverse news

    • The Sandbox, a subsidiary of Hong Kong-headquartered publisher of mobile games Animoca Brands, announced that consulting company PwC Hong Kong has acquired a LAND site in The Sandbox metaverse. “PwC Hong Kong thus becomes the first member of an internationally recognized professional services network, and the first member firm of the PwC global network, to publicly enter The Sandbox,” said the press release shared with Cryptonews.com. (Learn more: How to Buy Virtual Land in the Metaverse: A Beginner’s Guide)

    Regulation news

    • Tea Monetary Authority of Singapore (MAS) has removed regulatory exemptions for more than 100 companies working in the crypto sector in the city-state, per a Nikkei postponement. Many of the companies had reportedly applied for licenses to offer “digital payment token services,” but had later seen their applications either rejected or withdrawn, Nikkei wrote.
    • The US Securities and Exchange Commission (SEC) has rejected a proposal by investment firm Kryptoin for a bitcoin (BTC) spot-based exchange-traded fund (ETF). The rejection comes after the regulator last month rejected a similar proposal from VanEck. So far, only bitcoin futures-backed ETFs have been accepted by the SEC.
    • Wyoming Republican Senator Cynthia Lummis, one of the crypto industry’s staunchest supporters in Congress, is planning to introduce a comprehensive bill next year that would cover everything from how digital assets are taxed and categorized to consumer protections, Bloomberg reported.

    Investments news

    • Crypto lending platform B. Protocol has raised USD 2.2m in a seed round led by the crypto investment fund 1kx, with participation from The Spartan Group, Robot Ventures, Dovey wan’s Primitive Ventures, and others. BPRO tokens to investors will be gradually unlocked from a smart contract over a 4-year period, an announcement from B. Protocol said.
    • The non-fungible token (NFT) -focused startup Arcade has raised USD 15m in a Series A round with investments from Pantera Capital, Castle Island Ventures, Franklin templeton, Quantstamp CEO Richard Ma and BlockFi CEO Zac Prince, per year announcement.

    Legal news

    • A Canadian teenager is wanted by the police as he allegedly got away with USD 16m he obtained by finding an exploit in a decentralized finance (DeFi) protocol in October. The 19-year-old, named Andean “Andy” Medjedovic, is wanted after he failed to show up for a court hearing on December 22, per multiple media reports.



    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS

    March 22, 2022

    Japan’s Crypto Exchanges Set to Speed ​​Up and Simplify Crypto Listing Process

    March 22, 2022

    Crypto Donations To ‘Freedom Convoy’ Evade Government Seizure

    March 22, 2022

    DeFiance Founder’s USD 1.76M Loss is a Lesson For NFT Investors

    March 22, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts

    • Ripple (XRP): Launch of the CBDC Innovate Challenge
    • a very unprofitable cryptocurrency
    • Elrond (EGLD) creates an NFT platform for Romania
    • Warren Buffet: His bank Nubank becomes conducive to cryptocurrency trading
    • Vitalik Buterin explains why and how he created Ethereum (ETH)

    Recent Comments

    No comments to show.

    Subscribe to Updates

    Get the latest sports news from THECRYPTNEWS.

    Advertisement

    Archives

    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021

    Categories

    • Analysis
    • Guides
    • News
    • NFT

    The leader in news and information on cryptocurrency, digital assets and the future of money, THECRYPTNEWS is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
    We're social. Connect with us:

    Facebook Twitter Instagram Pinterest YouTube WhatsApp Reddit
    Top Insights

    Ripple (XRP): Launch of the CBDC Innovate Challenge

    June 30, 2022

    a very unprofitable cryptocurrency

    June 30, 2022

    Elrond (EGLD) creates an NFT platform for Romania

    June 30, 2022
    Get Informed

    Subscribe to Updates

    Get the latest creative news from THECRYPTNEWS

    Facebook Twitter Instagram Pinterest
    • Home
    Copyright © 2021 Thecryptnews.com

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT

    DMCA - Terms and Conditions - Privacy Policy