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Crypto News of the Day: Meta tests NFTs on Instagram Stories, Tether launches British pound-pegged stablecoin
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DeFi / NFTs / Trading

Crypto News of the Day: Meta tests NFTs on Instagram Stories, Tether launches British pound-pegged stablecoin

APX
By APX
3 years ago
2 mins read
Crypto News of the Day: Meta tests NFTs on Instagram Stories, Tether launches British pound-pegged stablecoin

Hello, ApolloXplorer!

Have you seen today’s key headlines yet?

#1. Tether will launch British pound-pegged stablecoin

Tether will launch stablecoin GBPT, pegged to the British pound, next month.

GBPT will be supported by the Ethereum blockchain initially.

GBPT is set to become the fifth fiat currency-pegged stablecoin launched by Tether, joining USDT, EURT, CHNT, and the recently launched MXNT.

Source: Decrypt

#2. Meta to begin testing NFTs on Instagram Stories

Meta will begin testing NFTs on Instagram Stories using its augmented reality platform Spark AR.

“We're expanding our test so more creators around the world can display their NFTs on Instagram,” CEO Mark Zuckerberg said.

Zuckerberg also confirmed that Facebook is set to support NFTs in the future.

#3. eBay buys NFT marketplace KnownOrigin

E-commerce giant eBay has acquired NFT marketplace KnownOrigin for an undisclosed sum.

KnownOrigin is one of the first NFT marketplaces and has generated $7.8 million in sales since its launch in 2018, according to DappRadar data.

The move comes among a number of NFT marketplace acquisitions, such as Uniswap Labs’ acquisition of NFT aggregation platform Genie

Source: Decrypt

#4. Chainalysis to help organization victims of crypto crime

Blockchain analytics firm Chainalysis has launched a 24/7 hotline to support organizations affected by crypto-related exploits.

The firm will pair affected organizations with experts working to trace and recover the stolen funds, and potentially liaise with law enforcement.

The expert team will also help to propose an asset recovery counsel.

#5. >50% of Latin Americans have paid with crypto

A new payment methods survey from Mastercard found that around 51% of survey respondents in LATAM have already made a transaction with crypto.

Over one-third say they have made a payment for an everyday purchase with a stablecoin.

The survey also found that 95% of respondents plan to use a digital payment method in the coming year.

Source: Blockworks

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