A week after committing to free speech, Meta blocks decentralized competitor
Mark Zuckerberg’s company is forcibly removing any links to competing platforms mere days after declaring, “More Speech and Fewer Mistakes” across its platforms.
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Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) begins a new week with a bullish surge above $22,000 as the Federal Reserve injects liquidity into the United States economy.In a move which can rival any classic Bitcoin comeback, BTC/USD is up a full 15% off the two-month lows seen on March 10.The volatility — and at least temporary relief for bulls…

Why are major global brands experimenting with NFTs in the Metaverse?
Blockchain is a core technology that differentiates itself from other technologies by having solved the double expense with the emergence of the Bitcoin blockchain in 2008. Nonfungible tokens, or NFTs, were driven by blockchain technology which brought scarcity and interoperability to nonfungible tokens. But, what do blockchain technology and NFTs have to do with Metaverse?…

Bitcoin top signal from 2017 reappears, but here’s why it may not matter this time
In 2017, the price of Bitcoin (BTC) reached as high as $20,000 and crashed rapidly. Now the same on-chain top signal has reemerged, according to researchers at Glassnode. But besides much stronger fundamentals this time around, the ongoing rally feels significantly different for other reasons too.Bitcoin typically pulls back when whales take profit, causing a…

EToro Confirms Tokenized Asset Trial on Facebook Libra
United Kingdom-based trading platform eToro has conducted a successful trial of issuing tokenized assets on Facebook’s Libra protocol. The company confirmed the results in a blog post on June 20.According to a Github repository detailing its activities, eToroX, the firm’s recently-launched innovation and research offshoot, managed to debut its eToken on Libra.eToken is the technology…

Anti-war Russians start donating crypto to support Ukraine
While the West is growing increasingly concerned over Russia’s potential use of cryptocurrencies to evade sanctions, some Russians are using their Bitcoin (BTC) to help Ukrainian people.Pavel Muntyan, a renowned Russian animation producer and creator of the animated web series “Mr. Freeman,” has called on anti-war Russians to support Ukrainian citizens amid Russia’s ongoing military…

US House kills IRS DeFi broker rule, Solana won’t cut 80% inflation rate: Finance Redefined
In a significant regulatory development for the crypto industry, the United States House of Representatives voted to nullify a bill that threatened the privacy-preserving properties of decentralized finance (DeFi) protocols. In the wider crypto space, one of the Solana network’s most significant governance proposals was rejected; it sought to implement a mechanism to reduce Solana’s

Binance secures 21st global crypto license in Brazil
The approval makes Binance the first crypto exchange to have a broker-dealer license in Brazil.

Tether treasury receives two $50M USDT lump sums from Bitfinex
Two transactions showed lump sums of $50 million in USDT transferred from Bitfinex to the Tether treasury only a few minutes apart. 485 Total views 5 Total shares Two 50 million Tether (USDT) transactions have been transferred from Bitfinex to the “Tether Treasury” address, according to transfer receipts from Whale Alert. Both transactions took place on