"Tech giants announce Metaverse Standards Forum" June 22, 2022

Today’s blockchain and cryptocurrency news Brought to you by web3 with a16z Bitcoin is up slightly at $20,426 Ethereum is up slightly 2% at $1092 and Binance Coin is up slightly at $215 Tech giants announce Metaverse Standards Forum BlockFi picks up $250M in bailout from FTX. Bitfarms sells 3k BTC Tether to launch GBPT stablecoin pegged to British pound. Binance raising $50M Moonpay launches HyperMint Links: Tether's GBPT Exclusive: MoonPay launches utility minting service called HyperMint Zac Prince on Twitter: "Today @BlockFi signed a term sheet with @FTX_Official to secure a $250M revolving credit facility providing us with access to capital that further bolsters our balance sheet and platform strength." / Twitter Meta and Microsoft team up to create metaverse standards; Apple, Google sit out | Ars Technica Binance.US Targeting $50M Follow-On Raise at $4.5B Valuation Bitfarms sells 3K bitcoins to improve liquidity amid 'extreme volatility' (NASDAQ:BITF) | Seeking Alpha Learn more about your ad choices. Visit megaphone.fm/adchoices