Snap reportedly plans to let users showcase NFTs as filters
    17 Jul 2022
    217 Views

    Snap (ex-Snapchat) plans to allow users to showcase NFTs on its app, as social media platforms increasingly turn to digital collectibles as a means of attracting influencers and their fans despite the crypto crash. According to sources of FT, the US-based social media platform is preparing to test a feature that would allow NFT artists…

    Circle reveals its reserves which back USDC stablecoin
    17 Jul 2022
    246 Views

    Circle Internet Financial released a detailed yet unaudited breakdown of its reserve assets for the firm’s USD Coin (USDC), showing $42.1 billion in short-term US government bonds and $13.6 billion in cash. Lately, crypto firms and their finances are under increasing scrutiny in the ongoing crypto credit crisis. Published in the company’s blog post on…

    Fidelity hires more crypto stuff amid growing institutional interest
    17 Jul 2022
    288 Views

    Fidelity Digital, the crypto subsidiary of the global asset management giant Fidelity Investments Inc., will reportedly hire 100 more people to service the growing needs of institutional investors. As Bloomberg reported, Fidelity Digital is planning to increase its staff size by about 70% to handle the growing patronage from big-money crypto investors. Numbering at least…