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Reddit launches NFT Avatar marketplace, new game investment and More News

NFTs News

Social network Reddit is launching a new NFT-based avatar marketplace that allows users to purchase blockchain-based profile pictures at a fixed rate. It said it is releasing 90 different designs with the total number of NFTs to be sold during this early access period being “tens of thousands”, but users will not need a crypto wallet to purchase them.

Investment News

Web3 games company Planetarium Labs has raised $32 million in a Series A funding round led by Animoca Brands. The money will be used to build basic tools for community-driven game and player management, they said.

Gaming blockchain project Oasys has completed a $20 million private token sale led by blockchain investment and finance platform, Republic Capital. The money will be used to strengthen partnerships, invest in new business development and marketing initiatives, and increase the number of local employees, they said.

Political News

British Prime Minister Boris Johnson has announced that he will leave office as soon as a successor is chosen, after losing support from a majority of his ministers and Conservative lawmakers, according to Reuters.

Regulatory News

A legal advisory notice issued by the U.S. Office of Government Ethics prohibits U.S. officials who personally invest in cryptocurrencies from working on crypto-related policies and regulations that could affect affect the value of their property. The directive applies to all White House employees and employees of all federal agencies, including the Federal Reserve and the Treasury.

Belgium’s regulator, the Markets and Financial Services Authority, is seeking comments on their communications regarding the classification of cryptocurrencies as securities, investment instruments or financial instruments. main.

Mining News

Bitcoin (BTC) mining company Riot Blockchain has announced that it has produced BTC 421 in June 2022, an increase of approximately 73% over the June 2021 output of BTC 243. As of June 30, By 2022, Riot has held about 6,654 BTC, all produced by what the company says is self-mining.

Career News

Cryptocurrency exchange Binance.US has announced the appointment of Jasmine Lee as its Chief Financial Officer. Lee was previously the CFO and CEO of Acorns, a micro-investment app company.