1.GuildFi unveils Marketplace terms Project Morroc:
Project Morroc is a distribution point where members will be able to browse through all items available in GuildFI items such as NFTs, gaming tickets and whitelists. Through Marketplace, GuildFi users can access and play exciting games for free such as Axie Infinity,Pegaxy and WonderHero. GuildFi has $GF as governance token (current price: $0.25, current market cap: $10M) and GXP as utility token. GXP stands for Game Experience Points, which can be collected via playing the games. Marketplace is expected to leverage the usage of GXP in GuildFi’s ecosystem.
GuildFi is a Web3 infrastructure to connect games, NFTs, and communities, with an aim to maximize players’ benefits and enable interoperability across the Metaverse. It is founded in late 2021 by Jarindr Thitadilaka
2. OpenSea is hit by data breach
In a blog post published late on June 29, OpenSea said that an employee of Customer.io had “misused their employee access to download and share email addresses – provided by OpenSea users and subscribers to our newsletter – with an unauthorized external party.”
The leaked information included email addresses, according to the blog post, and OpenSea warned users that this could result in a “a heightened likelihood for email phishing attempts.”
Opensea is the world's first and largest web3 marketplace for NFTs and crypto collectibles. The company was founded by Devin Finzer and Alex Atallah in 2017. In January 2022, its valuation reached a whooping $13.3bn.
3. Grayscale Investments initiates lawsuit against the SEC
Grayscale files a petition to SEC to challenge its decision to deny conversion of $13.5 billion Grayscale Bitcoin Trust (GBTC) to a spot-based bitcoin exchange-traded fund (ETF). The conversion, if approved, would provide a low-cost and easily accessible way for individuals and institutions to invest in bitcoin.
Grayscale Bitcoin Trust is solely and passively invested in BTC, enabling investors to gain exposure to BTC in the form of a security while avoiding the challenges of buying, storing, and safekeeping BTC, directly. A Bitcoin ETF is an exchange-traded fund composed of bitcoin or assets related to Bitcoin's price. Unlike GBTC which is traded over-the-counter, Bitcoin ETF are traded on a traditional exchange, thus accessible to a relatively wider range of investors.
Grayscale Investments LLC. is a digital currency investing services company. The Company provides market information, investment exposure, and investment products to the developing digital currency asset class
4. Coinbase unifying USD and USDC order books
On July 13, Coinbase Exchange will be unifying USD and USDC order books. As part of the unification process, USDC order books will be merged under USD order books to create a better, more seamless trading experience with deeper liquidity for USD and USDC.
Coinbase Exchange users will be able to deposit USD or USDC and their account will be automatically credited on a 1:1 basis with USD. The unified USD balance can be used to trade on USD order books or withdrawn to either USD or USDC.
Coinbase is a US-based secure online platform for buying, selling, transferring, and storing digital currency. It is a leading centralized crypto exchange with approximately 98 million verified users, 13,000 institutions, and 230,000 ecosystem partners in over 100 countries with $256B assets on platform and $309 Quarterly volume traded
5. Microstrategy acquires another 480 BTC
MicroStrategy has purchased an additional 480 bitcoins for approx $10.0 million at an average price of $20,817 per Bitcoin. As of 6/28/22 MicroStrategy holds 129,699 bitcoins acquired for approx $3.98 billion at an average price of $30,664 per bitcoin. MicroStrategy makes the first large Bitcoin investment of $250 million in August 2020 as a treasury reserve asset, citing declining returns from cash, a weakening dollar and other global macroeconomic factors.
MicroStrategy Incorporated is an American company that provides business intelligence (BI), mobile software, and cloud-based services. Founded in 1989 by Michael J. Saylor, Sanju Bansal, and Thomas Spahr, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps. It is a public company headquartered in Tysons Corner, Virginia. Saylor is widely known as a Bitcoin proponent, and he leads the company’s Bitcoin investment strategy
