The Shiba Inu team has announced a major partnership with The Third Floor (TTF), the busiest visualization company known to be working on dozens of Marvel blockbusters. TTF will help define virtual environments for the SHIB metaverse project. The American company worked on such projects as "Avengers: Infinity War", "Wonder Woman", "Thor: Ragnarok", "Mad Max: Fury Road" and other important films.
Polygon Launches New Ethereum Compatible Scaling Solution zkEVM
Polygon has launched a custom Ethereum-compatible scaling solution called zkEVM. Based on zero-knowledge proofs, zkEVM will enable developers to seamlessly deploy any Ethereum smart contract, which scales infinitely and significantly reduces fees.
Tesla Sold 75% of Its Bitcoin Assets in the Second Quarter
Electric vehicle maker Tesla sold most of its Bitcoin (BTC) assets in the second quarter, according to new financial statements released on Wednesday. "By the end of Q2, we had converted approximately 75% of our Bitcoin purchases into fiat currency," Tesla said in its quarterly report. "Transformations in Q2 added $936 million in cash to our balance sheet."
Investors No Longer See Crypto as a Long-Term Asset Creator
For some investors, the appeal of cryptocurrencies as a long-term investment that will help build wealth in the long run seems to be waning. Bankrate's tenth annual study, released on July 20, found that they specifically participated in a survey of Americans who prefer long-term investments to make a profit, with cryptocurrencies ranking low in their selection.
Morgan Stanley Offers to Buy El Salvador's Damaged Bonds After Bitcoin Investment Fails
El Salvador's President Nayib Bukele's Bitcoin (BTC) investment appears to be backfiring under the impact of the recent cryptocurrency market crash, leading American investment bank and financial services firm Morgan Stanley to encourage investors to buy the country's low-performing bonds.
Crypto Regulation is Coming in the UK
A bill on the use of stablecoins as a form of payment was introduced in the UK Parliament on Wednesday. According to the statement, the developing technology is thus adapted to the financial resources and rules of the country. In addition, Financial Markets Infrastructure Areas will be established for studies and tests in the field of technology. Treasury Secretary Nadhim Zahawi said in a statement: "Today is a landmark day for financial services in the UK."
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, Emir Tanju and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.