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McDonald’s launches “My Happy Place” metaverse in Singapore


The renowned American fast food chain McDonald’s launched the “My Happy Place” metaverse in Singapore in collaboration with Bandwagon Labs. Bandwagon Labs is the metaverse wing of Bandwagon, a top entertainment media technology organization.  McDonald’s and Bandwagon Labs are both highly...

Stacks (STX) breaks a major resistance level


Stacks ($STX) was trading within a confined range of $1.675 and $2.135. It has finally broken out of that range to mark a surge of 6.38% in the last 24 hours and 24.87% in the last 7 days. The token value is $2.37 at the time of writing this article. The community is speculating that …

Lift Dollar, a new stablecoin from Paxos International


The new project exemplifies Paxos International’s dedication to supporting widespread stablecoin usage and industry expansion. The most notable advantage of the new offering is that investors will profit from the yield obtained on reserves. The new product introduction serves to solidify...

Solana surges amid memecoin activity and DeFi


Solana ($SOL) was seen marking an uptick of 5% amid a rise in trading activities. It pertains to an increase in interest in meme coins. The scenario affects Solana because it demonstrates its ability to handle a larger number of transactions with scalability. Other factors that have contributed...

Investor Confidence Soars With $488M Inflows Into US Bitcoin ETFs


On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from the 11 publicly traded funds. U.S. Spot Bitcoin ETFs See More Inflows on 17th...

ByBit appears to enable registrations and authentications in China


According to Wu Blockchain, a news organization based on social media, users in China can now use Bybit’s registration and authentication services to proceed with know-your-customer processes on the platform. They can do this by submitting their ID, passport, driver’s license,...

NEX is now a formal participant in the Chainlink BUILD program


In order to advance the ecosystem’s overall expansion, NEX collaborates with the Chainlink BUILD program. This will be accomplished by obtaining the necessary technical assistance and the availability of Chainlink’s oracle solutions. Additionally, the promotion of the development...

Cathie Wood's Ether ETF Pullback Is Likely Due to Fee War


Cathie Wood's Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say

Misyon Bank launches an Avalanche-based asset tokenization platform


Turkey-based Misyon Bank, an investment bank and one of Turkey’s first neobanks, has recently launched a platform that enables the tokenization of real-world assets on the Avalanche blockchain network. Misyon Bank announced this on June 5, describing it as a comprehensive platform that enables...

Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer


Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up...

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