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Get daily, small-cap cryptocurrency and blockchain news – explore stories that fly under the radar of today’s crypto news.
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Stablecoin news
- USDT issuer Tether he said that starting now and until 2023, it will reduce the secured loans in its reserves to zero. It added that “in response to the latest attack on Tether, the company reiterated that the secured loans held in its reserves are over-collateralized and backed by extremely liquid assets.”
Legal news
- Mixed DAO and seven other defendants were sued by three complainants who claimed they were harmed after receiving approximately $98 worth of merchandise. COMP signs. Per In the document, the suspects were accused of selling undocumented securities.
Regulatory news
- The Australian the government plans to create a framework for licensing and regulating cryptocurrency service providers in 2023. According to The statement added, “The next steps in the Government’s ongoing ‘token mapping’ work will include the release of a consultation document in early 2023 to inform which digital assets should be regulated by financial services laws and the development of appropriate custody and licensing parameters to protect consumers.”
DeFi news
- Great cryptocurrency exchange Coinbase now fully supports USD Coin (USDC) about Avalanche (AVAX)“Creating a way for over 100 million Coinbase users to move from cash to advanced decentralized finance (DeFi) programs like Aave, Curved, Trader Joe’s, BENGIand more,” he said announcement Users can now transfer cash directly to USDC and vice versa without the need for intermediaries such as bridges.
- Oracle service provider Chainlink and scaling solution for Layer 2 Ethereum dapp development Arbitration Arbitrum has announced the launch of Chainlink Automation, a smart contract automation solution on One. Including a number of projects COTI and Armadillo, A pitand DeFiEdgeThey are already integrating Chainlink Automation into their software to enable key smart contract functionality in Arbitrum One, according to a press release.
Investment news
- ForerunnerThe decentralized sports prediction market raised a funding round of $4.75 million Susquehanna Private Equity Investments LLP, Soma Capital, Gilgamesh Ventures, FBG Capital, A roundtable accelerator for entrepreneurs, Toy Ventures, Gaingels, Ledger Prime, WAGMI Venturesand NOA Capital. According to an announcement, the funds will be used to scale Frontrunner’s product and engineering team, as well as streamline product development and licensing.
NFT news
- Auction house this week Sotheby’s and non-profit organization CityKids Foundation the first Keith Haring will throw a non-workable token (NFT). In 1986, artist Keith Haring and the CityKids Foundation created the ‘Speak for Freedom’ banner, along with a 90′ x 30′ banner that headlined this year’s Miami Art Week. Sotheby’s will work with CityKids and Deepak Chopra’s Web3 accelerator Seva. Love He said to support the launch of NFT. From December 15 to 21, the online auction for “Speak of Freedom” will be open on Sotheby’s online auction platform.
- Hape (metaverse fashion models) and metaverse protocol Caduceus It announced the launch of a new marketplace that allows owners to take full control of their style while entering the world of fashion, according to a press release. Users can purchase Hape clothing chain items using Caduceus’ local token CMP and add them to their avatars in the Fashion Index, wardrobe and ranking system. Stock is limited and some items will be more limited than others, he added.
- DraftKings, Pixel Vault Inc.and NFL Players Association (NFLPA) has announced a partnership where select professional football players will be transformed into purchasable superheroes created by Pixel Vault. DraftKings Marketplace. The full list of players will be announced in the next few days,” the press release said. Player cards can only be played here Reignmakers Football contests, DraftKings’ NFT-based game.
- IT’S OVERA decentralized infrastructure for an open, AR (Augmented Reality)-enabled metaverse, its own Map2Earn Beta The program allows anyone with a smartphone to participate and win prizes, says an announcement. Using the phone’s camera to take photos of a physical location through the OVER app, users create an OVRMap, while also creating a shareable 3D aerial video of their location.
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