Tokens.com Launches The UPS Store’s Metaverse Business Center in Partnership with Coffee Digital

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Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that invests in web3 assets and builds businesses linked to crypto staking, the metaverse and play-to-earn gaming. The UPS Store launched its first step into the metaverse by building a content destination to help promote its new campaign ‘Be Unstoppable.’ This installation was developed in the Decentraland metaverse platform by Coffee Digital and Metaverse Group. It includes a multi-level building, where small business owners and the next generation of entrepreneurs are able to visit and learn how to build a successful and sustainable business.

Broker-dealer INX makes bid for Voyager’s assets

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Broker-dealer and digital assets trading platform INX is making a play for bankrupt crypto lender Voyager Digital’s assets. INX joins other industry players such as CrossTower, Wave Financial and Binance.US in the bidding process. Voyager filed for Chapter 11 bankruptcy protection in July due to its over $650 million exposure to the collapsed crypto hedge fund Three Arrows Capital (3AC). Crypto exchange FTX.US initially won the bidding process for Voyager’s assets in September. The auction process for Voyager’s assets reopened after the FTX Group filed for Chapter 11 bankruptcy protection.

Sam Bankman-Fried says FTX US is “fully solvent” and “withdrawals could be opened up today.”

https://twitter.com/Web3Grandpappa Sam Bankman-Fried says FTX US is “fully solvent” and “withdrawals could be opened up today.”

Senior Senate Democrat wants crypto exchange info after FTX collapse

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Senate Finance Committee Chair Ron Wyden, D-Ore., wants information on how large crypto exchanges conduct business, including whether they use customer funds for undisclosed purposes, following the collapse of FTX.

Brazil’s long-awaited crypto bill inches to the finish line after seven years

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After a series of legislative twists and turns spanning seven years, Brazil’s long-awaited crypto bill could finally reach the president’s desk. Brazil’s Chamber of Deputies voted on Tuesday to pass on a crypto regulation bill to Brazil’s president, Jair Bolsonaro, whose term ends on Dec. 31.

OpenSea announces support of NFT collections built on BNB Chain

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OpenSea took to Twitter to share that by listing non-fungible tokens built on the BNB Chain it would be able to handle trades for collections created by players like Goodfellas NFT and Pixelsweeper. Last month, OpenSea announced users could list and sell Avalanche-based NFTs.

Prosecutors seek arrest warrant for Terraform Labs’ co-founder Daniel Shin: Yonhap

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The Seoul Southern District Prosecutors Office said Wednesday that it is seeking the arrest warrant over Shin allegedly taking illegal profits from Terra, the blockchain ecosystem overseen by Terraform Labs.

The same authorities reportedly raided the offices of Chai Corporation, a payments technology company founded by Shin, earlier this month. Authorities in South Korea have previously issued a warrant for the arrest of Shin’s co-founder at Terraform Labs, its CEO Do Kwon, as well as asking Interpol to issue a red notice for Kwon’s arrest. That came despite Kwon’s claims that he is not on the run.https://www.theblock.co/post/190856/prosecutors-seek-arrest-warrant-for-terraform-labs-co-founder-daniel-shin-yonhap

Bitso cuts more staff in fresh round of layoffs

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Mexico-based crypto exchange Bitso has let go of an unspecified number of workers in a fresh round of layoffs, about six months after cutting about 80 employees. “Bitso made the difficult decision to reduce its workforce as part of a strategic restructuring,” .

Bitso declined to specify the number of affected employees and in which countries it was cutting teams. One of the staff members cut, Bruno Cavalieri, formerly a growth content writer for the firm, said on LinkedIn he was among “dozens” cut. Brazilian crypto publication Portal do Bitcoin first reported the Bitso layoffs, saying about 100 people were let go in Mexico and Brazil, citing information from former employees.https://www.theblock.co/post/190758/bitso-cuts-more-staff-in-fresh-round-of-layoffs

Nexo secures registration in Italy

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Crypto lender Nexo has gained a registration as a “virtual currency operator” in Italy, the company said in an announcement today. This allows the European-based firm to legally provide its services to Italian citizens. The license is issued by Organismo Agenti e Mediatori. The European Union is set to pass a set of laws on crypto assets that will allow firms to passport their license across the 27-nation bloc. Nexo plans to take advantage of this under the Markets in Crypto Assets regulation, according to the statement. The new rules are anticipated to come into force in 2024. Nexo’s website shows registrations in several U.S. states and six other countries.

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