<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The previous week was full of impactful news in the field of blockchain and we are happy to share our weekly news digest - &ldquo;Adoption time&rdquo; with you - the most important crypto-related events gathered in a single article. Coming every Monday it will help you to find out new opportunities to use your crypto, reveal fresh-released crypto-projects and share relevant adoption cases.
<h2 dir="ltr" style="line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;"><span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Three Arrows Capital Files For Bankruptcy</h2>
<span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img src="https://simplehold.io/api/file/62c2c0f40a68c70023dc8bb5-buy8uiou.png" alt="" width="1600" height="900" />
<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Crypto investment firm Three Arrows Capital, also known as 3AC, filed for Chapter 15 Bankruptcy.
&nbsp;
<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Earlier, a court in the British Virgin Islands ordered the fund to liquidate due to an inability to pay off debt. And the Monetary Authority of Singapore reprimanded Three Arrows on Thursday for providing it with &ldquo;false information&rdquo; and being &ldquo;misleading.&rdquo;
<h2 dir="ltr" style="line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;"><span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Nayib Bukele Has Spent Another $1 Million to Buy the Dip</h2>
<span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img src="https://simplehold.io/api/file/62c2c10d0a68c70023dc8bb7-jbuio98h.png" alt="" width="1600" height="900" />
<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">On 01.07 Nayib Bukele announced on his Twitter that El Salvador is buying 80 BTC (~$1.5 million) more.&nbsp;
&nbsp;
<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">By the moment of writing, El Salvador hold approximately 2,301 BTC
<h2 dir="ltr" style="line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;"><span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Facebook Test Ethereum and Polygon NFTs in Profiles</h2>
<span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img src="https://simplehold.io/api/file/62c2c1240a68c70023dc8bb9-erafvd.png" alt="" width="1600" height="900" />
<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Facebook has begun rolling out NFTs for some US creators on its flagship social network. Currently only Ethereum and Polygon NFTs are available but the company is going to add support to Solana and Flow soon.
&nbsp;
<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Thus, soon Facebook users will be able to connect their cryptocurrency wallets to Facebook accounts&nbsp;
<h2 dir="ltr" style="line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;"><span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Napster Is Launching Its Own Token On ALGO</h2>
<span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img src="https://simplehold.io/api/file/62c2c1410a68c70023dc8bbb-98iujk.png" alt="" width="1600" height="900" />
<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Veteran music streaming app Napster is making steps towards Web3, with the announcement of a planned $NAPSTER token launch on Algorand.
<h2 dir="ltr" style="line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;"><span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">MicroStrategy Has Invested $10 million in BTC</h2>
<span style="font-size: 16pt; font-family: Arial; color: #000000; background-color: transparent; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"><img src="https://simplehold.io/api/file/62c2c15a0a68c70023dc8bbd-oj98huiyg.png" alt="" width="1600" height="900" />
<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">Cloud software company MicroStrategy today announced another Bitcoin buy&mdash;spending this time $10 million on the cryptocurrency<span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> <span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> <span style="font-size: 11pt; font-family: Arial; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;">The company has already spent over $3.98 billion on BTC, and owns 129,699 digital coins, according to statements from its CEO Michael Saylor.
&nbsp;
💚&nbsp; Try out a&nbsp;<a style="font-weight: bold;" href="https://click.simplehold.io/0nEk/74bycn5w">SimpleHold&nbsp;</a>mobile wallet app. 📱 💚&nbsp; Find us on&nbsp;<a href="https://twitter.com/SimpleHold">Twitter</a>,&nbsp;<a href="https://t.me/simplehold_io">Telegram</a>, and&nbsp;<a href="https://www.reddit.com/r/SH_Cryptowallet/">Reddit</a>. See u around!&nbsp;👋🏻

News about cryptocurrencies use-cases and their mass adoption around the world. 

Adoption Time

Get Your Multicurrency SimpleHold Wallet Today!

Related Articles