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Crypto NFT Daily News

Crypto News Today – GameStop NFT Marketplace is Live!

Crypto News Daily: GameStop, the well-known game distributor, announces its own NFT Marketplace, seemingly disregarding the Crypto Winter Crash.

  • The GameStop NFT Marketplace is presently in Public Beta mode
  • The NFT Marketplace has over 200 NFT Collections and over 53,000 listed NFTs.
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» GameStop NFT Marketplace Arrives Past the Crypto Winter 2022!

Crypto Today appears to be dipping again, yet GameStop went ahead to announce the launch of its own NFT Marketplace. Interested buyers and investors can use their GameStop Wallets or connect their Metamask Wallets to purchase, store and transfer NFTs.

  • GameStop plans to “expand functionality” by later introducing Web3 Gaming services.
  • GameStop NFT Marketplace allegedly already supports Immutable X, an Ethereum-based platform.
  • Together, GameStop and Immutable X have also launched a $100 million grant program, supporting Web3 talent and NFT Artists.

» More Crypto News!

→ Three Arrows Capital (3AC) Hedge Fund Founders Go Missing!

The Three Arrows Capital (3AC) Hedge Fund has been on the radar after filing for bankruptcy earlier this month. While the firm is expected to clear the liquidity proceedings, its founders are reported to have gone missing.

  •  Zhu Su and Kyle Davies are missing as per reports.
  • The British Virgin Islands court has tasked the Teneo company to oversee the 3AC Liquidation process.
  • 3AC has defaulted on a more than $650 million loan provided by Voyager Digital, a crypto broker which too has filed for bankruptcy.
  • 3AC has also reportedly failed to deliver the $270 million it owes to the blockchain.com crypto exchange platform.

→ Chinese Court Rules USDT Wage Payments Against The Law!

The Chaoyang District People’s Court in Beijing has ruled making USDT wage payments is against the law. It further adds that employers should pay the salary and wages in the Chinese Renminbi.

  • The Court ruling was partly a consequence of Mr. Shen- VP of a Tech Firm, suing his employers for paying him in USDT.
  • Mr. Shen was supposed to receive his salary in RMB with only bonuses being paid in USDT.
  • As opposed to his monthly pay of 50,000 yuan, Mr. Shen received only RMB 2,574 after subtracting the basics. The employer paid him the remaining sum in USDT.
  • China has long been on the opposing side of Crypto Adoption and Crypto use, including transfers, purchases, and even crypto mining activities.
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→ Daylight Testnet by Dusk Network Upgrades Crypto Staking Contract!

The Daylight Testnet second iteration by Dusk Network improves the blockchain stability, allowing more nodes to participate without significant effects.

  • Daylight Network participants are now enabled to make transactions.
  • At the launch, the Daylight Network will have 100 running nodes.
  • Resultant Upgrade allows for quicker CLI wallet integrations, accurate gas expenditure tracking, detailed TPS block statistics, and more.

→ Revolut Announces CryptoLearn & Earn Initiative with Polkadot!

The global financial app Revolut announced earlier in a statement it’s launching a Learn & Earn initiative. Revolut has partnered with Polkadot to make it happen, which will be accessible to all new and pre-existing users.

  • Users can earn up to $15 for completing the two provided courses and passing a final quiz.
  • Revolut, valued at $33 billion, launched its initiative in partnership with Web3 Foundation, whose rewards will be paid in DOT.
  • DOT is the native currency of the multi-chain network Polkadot.

Crypto Sale Today – July 12th, 2022

On the global crypto market, the top cryptocurrencies prices or crypto today reflect the following figures:

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  • (BTC) Bitcoin
    • Average Price: $19,750.24
    • 24h: – 0.70% ↓
  • (ETH) Ethereum
    • Average Price: $1,071.79
    • 24h: – 1.23% ↓
  • (BNB) Binance Coin
    • Average Price: $223.54
    • 24h: – 0.69% ↓
  • (XRP) Ripple
    • Average Price: $0.3132
    • 24h: – 0.84% ↓
  • (ADA) Cardano
    • Average Price: $0.4333
    • 24h: – 0.76% ↓
  • (SOL) Solana
    • Average Price: $33.37
    • 24h: – 1.12% ↓

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