Cryptocurrency exchange FTX is reportedly in talks to acquire a stake in crypto lender BlockFi. The Wall Street Journal quoted BlockFi spokesperson saying, “We are still negotiating the terms of the deal.”

Football superstar and six-time Ballon d’Or winner, Cristiano Ronaldo, has signed an exclusive multi-year nonfungible token (NFT) partnership with the world’s largest cryptocurrency exchange by market volume, Binance. The collaboration aims to introduce soccer fans to the Web3 ecosystem through global NFT campaigns.

Tencent’s WeChat intends to impose penalties on public accounts facilitating secondary trading of non-fungible token (NFTs). Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule.

Anatoly Yakovenko, the CEO of Solana Labs has finally announced details of its upcoming smartphone called ‘Saga’. The flagship phone will be loaded with a pro-Web3 decentralised app store featuring dApps. A crypto wallet called ‘Solana Pay’ will be pre-installed in Saga to process transactions via QR codes.

Most of the major cryptocurrencies, particularly altcoins saw a sharp jump in the last 24 hours amid a risk on sentiment globally, with Polygon, Avalanche, XRP, and Solana leading the returns chart.

Coinbase-funded Vauld crypto exchange has laid-off 30 percent of its staff amid the ongoing market slump in the crypto industry. Vauld is headquartered in Singapore, but most of its workforce reportedly operates from India. For those being let go, Vauld is paying them salaries for two months, extending a 12-month medical insurance, and helping them find other jobs in …

Shopify has unveiled a range of new features which includes the ability for online merchants to create “tokengated” stores designed to incentivize fans to hold brand tokens.

Chainalysis blockchain research firm has launched a 24-hour hotline. Every distressed victim who reaches out for help will be addressed by a team of researchers who will try to trace the lost or stolen crypto funds in case of a hack attack. Local authorities could also be involved in more serious cases.

E-commerce giant eBay has acquired Manchester-based NFT marketplace named ‘KnownOrigin’ for an undisclosed amount of capital. Founded in 2018, KnownOrigin allows NFT artists and collectors to make, purchase, and re-sell non-fungible tokens (NFTs). The deal that was finalised on June 21 has onboarded the three co-founders of KnownOrigin — Andy Gray, David Moore, …

Meta founder Mark Zuckerberg said that the company will add more options for creators to earn on Facebook and Instagram, as well as expand some of its current monetisation capabilities to include more creators.