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The Terra collapse triggered a $2 trillion crypto crash earlier this year. Terra's Official Twitter account post, a newly created account, and a bio that reads "Building a new standard for DAO on Terra" A source close to the matter, granted anonymity to discuss private business matters Enterprise Protocol is intended as a new standard infrastructure to build DAOs on Terra. Read full news at :  https://cryptounity.news/terraform-labs-is-creating-infrastructure-to-build-daos-on-terra-2.0

zKEVM Rollups a new scaling solution for Ethereum, will allow the smart contract protocol to outpace Visa in terms of transaction throughput said Polygon co-founder Mihailo Bjelic. A new scaling solution zKEVM Rollups could allow Ethereum to overcome Visa in terms of transaction throughput. Polygon recently claimed to be the First to implement a zKEVM scaling solution that aims at reducing Ethereum's transaction fees and improving its throughput. This Layer 2 protocol can bundle together several transactions and then relay them to the Ethereum network as a single transaction. Read full news at :  https://cryptounity.news/ethereum-will-outpace-visa-with-zkevm-rollups

Sportzchain India's Single platform connecting sports teams and fans. has launched the alpha phase of its decentralized fan tokens platform. Fans can vote their opinions count with Sportzchain be it on deciding jersey for the team's training sessions or other elements. The users can vote polls for two Kabaddi and one Cricket team to express approval or disapproval of team decisions. the native token of the platform $SPN will be minted in August 2022, whose possession will be necessary to gain access to the Sportzchain fan tokens. Furthermore, This is the first time ever in the India arena that the platform is enabling fans to impact a team's sporting decisions like training, Jersy design, playing schedules, etc. Read full news at :  https://cryptounity.news/indian-sports-lovers-can-now-vote-for-their-favorite-teams-jersey-using-blockchain

Marriage proceedings, court case disputes, and government services may one day be offered on the Metaverse said Singapore Government Singapore's second Minister for law believes an integrated platform using the Metaverse will make the dispute resolution process more convenient and efficient. The TechLawFest 2022 on July 20 Singapore's Second Minister for law Ediwin Toung argued that even highly personalized intimate events such as the solemnization of marriages have taken place online in the Metaverse. "It would not be unthinkable that, besides registration of marriages, other government services can soon be accessed online via the Metaverse." Read full news at :  https://cryptounity.news/marriages-and-court-cases-can-be-held-in-the-metaverse

Mercedes-Benz and Polygon are working together to launch a platform for sharing data. Daimier South East Asia, which is part of the Mercedes Benz Group has launched a blockchain-based platform for sharing data that uses the Polygon scaling solution for Ethereum Layer 2. With Acentrik platform can buy and sell even though Acentrik was started by a Mercedes Benz employee also blockchain is used to trade many different kinds of data. Read full news at :  https://cryptounity.news/mercedes-benz-partners-with-polygon-matic-to-launch-a-data-sharing-platform

Binance Jumps into NFT ticketing for all of the sports club's home matches at Stadio Olimpico. Crypto exchange Binance has launched the pilot of its NFT ticketing solution with football club Societa Sportiva Lazio for 2022-2023. Binance expressed that NFT tickets will solve the issue of fake tickets and eliminate scaling, preventing stop disorder in sports events. also, NFT tickets will serve other purposes like store and match discounts, and token giveaways with S.S. Lazio. With this collaboration, NFT tickets will be available for all of S.S Lazio's home matches. Marco Canigiani, an executive at S.S Lazio expressed that current ticket holders will be able to claim their NFT tickets for free and use them to enter Stadio Olimpico and avail of the benefits that come with the digital tickets. Read full news at :  https://cryptounity.news/binance-collaborated-with-societa-sportiva-lazio-to-launch-nft-tickets

Ethereum lead developer Tim Beiko declared the final detail before the final testing phase of the Merge. The proof-of-stake Testnet transition will be on the Goerli Testnet the closest simulation of the Ethereum Mainnet. The Goerli version of the Beacon Chain is called Prater and it will be merged with the Testnet between August 6 and 12 in an upgrade called Paris. Before a prior upgrade, Bellatrix needs to occur to prepare Prater for the Merger with Goeri. Read full news at :  https://cryptounity.news/ethereum-devs-finalize-merge-testnet-details-as-eth-surges-14

Yuga Labs, NFT Collection Bored Ape Yacht Club may quickly discover itself on the end of a significant case. New York law association is establishing a class action case against the crypto sphere administrator including it of falsely fluffing the cost of BAYC NFTs and crypto token, Apecoin, by facilitating them as expansion help with bound recoveries, despite main value failures. The live ApeCoin price today is $6.66 USD with a 24-hour trading volume of $654,202,173 USD ApeCoin is up 13.41% in the last 24 hours. The current CoinMarketCap ranking is #31, with a live market cap of $2,044,159,944 USD. It has a circulating supply of 306,875,000 APE coins and a max. supply of 1,000,000,000 APE coins. Read full news at :  https://cryptounity.news/bored-apes-producers-encountering-class-action-case

A Solana-themed store is set to open its doors in New York City. called Solana Spaces, the new store is located in Hudson Yards and is being launched in collaboration with the Solana Foundation. Crypto companies and Web3 brands have been steadily making inroads into mainstream culture, with celebrities like Tom Brady, Steve Aoki, Snoop Dogg, and Elon Musk getting in on the action. Ethereum NFT collection Bored Ape Yacht Club has even branched out into IRL products and business including a Bored Ape-themed restaurant in Los Angeles, Solana which recently declared plans to create and launch its Android smartphone also appears to see value in going the bricks and mortar route. Read full news at :  https://cryptounity.news/solana-set-to-open-retail-store-and-web3-embassy-in-new-york

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc has partnered with FOMO Pay a One-stop QRcode Payment Solution Provider leading Singapore-based digital payment solution provider. FOMO pay is planning on using Ripple's crypto-enabled enterprise technology which is supposed to be enabled over the cross border. FOMO pay is used to employ the traditional payment system for cross-border settlement of Euro and US Dollar trades it takes 2 days. The firm will be able to conduct instant settlement with very low transaction costs with this integration. Read full news at :  https://cryptounity.news/ripple-partners-with-fomo-pay-to-enable-cross-border-payments

Kraken is a United States–based cryptocurrency exchange and bank, Kraken may face a probe for letting Iran users trade crypto. Crypto Exchange Kraken Is reportedly under investigation for the Alleged US. Sanctions violations. The New York Times reported on Tuesday Kraken is suspected of letting users in Iran and other places buy and sell digital assets violating U.S sanctions in place since 1979. The Treasury Department's Office of Foreign Assets Control has been investigating Kraken since 2019. The Treasury is examining if the exchange facilitated the trading of assets in accounts based in Iran, Syria, and Cuba. A former employee reportedly allegedly said that Kraken had been generating revenue from users in those countries. Read full news at :  https://cryptounity.news/kraken-is-under-investigation-for-serving-in-iran-in-violation-of-us-sanctions

Cardano displayed bearishness on its trading chart over the last 24 hours. The broader market also displayed a bearish spell over the last few days. Bitcoin was bordering the $20,000 mark. ADA $0.56 resistance mark but it fell to sustain itself above that price mark. The bears have exerted pressure on the market and the technical outlook has also pictured bearishness on the chart. The live Cardano price today is $0.466675 with a 24-hour trading volume of $658,579,739 ADA to USD price in real-time. Cardano is down 0.93% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $15,745,166,528 USD. It has a circulating supply of 33,739,028,516 ADA coins and a max. supply of 45,000,000,000 ADA coins. Read full news at :  https://cryptounity.news/cardano-ada-falls-to-0.46-is-the-uptrend-invalidated

Ajay Kumar Choudhary Executive Director of fintech at the Reserve Bank of India (RBI) has said that the Central Bank is promising to the process of executing the rollout of the digital rupee. The executive remarked while delivering a keynote address at the pickup Fintech Conference and Awards organized by the FICCI Ajay Kumar expressed that the RBI would leverage the Union Budget 2022-2023 that gives legal backing to the CBDC to implement it in a phased manner for wholesale and retail segments. Also, Ajay Kumar added RBI is working on the phased implementation of a CBDC in both retail and Wholesale segments. Read full news at :  https://cryptounity.news/reserve-bank-of-india-phased-retail-and-wholesale-cbdc-implementation-still-in-the-works

Tether and Bitfinex have launched Keet, a P2P chat app with integrated Bitcoin Lightning & $USDT payments support. Keet launched by Bitfinex and Tether is a free video calling app that makes use of peer-to-peer technology to facilitate real-time audio/video calls, text chat, and file sharing. This eliminates a single point of failure and centralized data collection. Read full news at :  https://cryptounity.news/tether-and-bitfinex-have-launched-keet-p2p-chat-app

The crypto market cap is down by about $50 billion daily as bitcoin as well as most altcoins have turned red. BTC stood primarily approx $23000 the asset took a dip south and dropped to a 6-day low. The altcoins are also deep in the red today, with ETH, SQL, and MATIC plunging by more than 5%. The live Bitcoin price today is $22,013.59 with a 24-hour trading volume of $28,885,366,664. Bitcoin is down 3.08% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $420,521,566,591 USD. It has a circulating supply of 19,102,818 BTC coins and a max. supply of 21,000,000 BTC coins. Read full news at :  https://cryptounity.news/crypto-markets-lost-50b-as-bitcoin-slumped-to-6-day-low

Shiba Inu Gets Major Boost After Listing On coins.ph Popular Crypto Exchange in the Philippines Coins.ph has Launched in 2014, Coins.ph is the most established crypto brand in The Philippines and has gained the trust of more than 16 million users. Through the easy-to-use mobile app, users can buy and sell a variety of different cryptocurrencies and access a wide range of financial services. The BSP regulates Coins.ph as the first blockchain firm in Asia to get a license as an Electronic Money issuer and Virtual Currency exchange. Coins.ph is the first crypto-based company in Asia to hold both Electronic Money issuer and Virtual Currency issuer license from a central bank it has 300 happy employees and 7 million active monthly users. Read full news at :  https://cryptounity.news/shiba-inu-gets-major-boost-after-listing-on-coins.ph

Xiaomi, one of the giant mobile manufacturers and tech brands in the world, has expressed a patent that implements blockchain technology for the creation of its virtual characters. The patent file in China, mentions that the creation of these characters will be randomized by the introduction of a gene sequence, responsible for determining the looks of the characters. Xiaomi a Chinese company known for mobile phones and gadgets has expressed a patent filing that includes blockchain in the process of the making of its virtual characters. The name of the patent is "Virtual Character Processing Method, Device and Storage Medium" which was introduced in January 2022, and was just disclosed by Xiaomi. Read full news at :  https://cryptounity.news/xiaomi-files-patent-to-create-its-own-blockchain-powered-virtual-characters

In the broader investigation of fraud, South Korean prosecutors have raided the Terraform Labs house. Raids were conducted by the Korean Joint Financial and Securities Crime investigation Team on crypto exchange and offices, including the Terra co-Founder's residence and his payment app Chai corp over allegations that fraudulent activities may have triggered the demise of TerraUSD Stablecoin. The authorities conducted raids in 15 locations including Bithumb, Upbit, Coinnone, and other exchanges, earlier this week to probe a fraud case linked to the crash of TerraUSD and LUNA Classic The investigators find some proof of misconduct by TerraForm employees. The team is now looking into the potential transfer of funds to different companies owned or operated by DoKwon to evade taxes. Read full news at :  https://cryptounity.news/terraform-labs-co-founder-residence-raided-by-south-korean-authorities

Google Pay has integrated Crypto.com its payment functionality for purchase. Global cryptocurrency wallet and exchange platform Crypto.com is adding Google Pay as a payment method for Android users to buy cryptocurrencies. Google Pay is estimated to have over 100 million users who could make use of the latest payment gateway to cryptocurrency markets. The integration process will be complete within the next week, users need to set up their Google Pay accounts to be linked with a credit or debit card and will be able to choose the payment option when on the Crypto.com app. Read full news at :  https://cryptounity.news/crypto.com-integrates-google-pay-payment-option-for-android-users-to-buy-cryptocurrencies

Polygon's zKEVM will inherit Ethereum's security while increasing throughput and reducing fees using zero-knowledge proofs. Polygon has launched an Ethereum-compatible scaling solution called zKEVM. zKEVM zero-knowledge proofs will enable developers to seamlessly deploy an Ethereum smart contract that scales infinitely and drastically reduces fees. Read full news at :  https://cryptounity.news/polygon-launches-new-ethereum-compatible-scaling-solution-zkevm

Bitcoin Price increased 18.76% in the last 7 days, and 7.52% in the last 24 hours it might reach the $24K level, but indicators Turn Green. The price is now trading above the $22,750 level and testing the 100 hourly moving average. There is a bullish signal with approx $22,750 on the hourly chart of the BTC/USD pair. The pair may rise to the $25,000 levels. Bitcoin is the Most Trending coin on CoinMarketCap. The live Bitcoin price today is $23,537.76 with a 24-hour trading volume of $48,330,961,856 Bitcoin is up 7.40% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $449,531,950,674 USD. It has a circulating supply of 19,098,331 BTC coins and a max. supply of 21,000,000 BTC coins. Read full news at :  https://cryptounity.news/bitcoin-price-surge-could-extend-above-24k

Rarible the largest NFT Marketplace has declared that it has integrated with the Metaplex Protocol Menas NFTs can now be traded on the Solana Blockchain through the Marketplace. After Ethereum, Flow, Tezos, Polygon, and Immutable X, Solana is the sixth blockchain to join the Rarible ecosystem. Because of its unique mix of proof-of-history and proof-of-stake consensus processes. Read full news at :  https://cryptounity.news/rarible-integrates-solana-nfts-and-offers-no-gas-fees

The Reserve Bank of India wants to ban or limit crypto but it is Effective only with Significant International Collaboration. India's Finance Minister Nirmala Sitharaman expressed in a speech at the Lok Sabha lower house of India's bicameral Parliament that crypto is a danger to international regulatory arbitrage and that it should be banned On Monday. Thirumavalavan Thol a Parliament Member asked the finance minister whether the Reserve Bank of India has recommended framing suitable laws to restrict the use of cryptocurrency in India and whether the government has any plan to a law restricting the use of cryptocurrency in India. Read full news at :  https://cryptounity.news/the-reserve-bank-of-india-must-collaborate-to-properly-regulate-or-ban-crypto

The cryptocurrency market continues to move away from pessimism and the global market cap reclaims the $1 trillion milestone, Terra LUNA leads the most trending cryptos in CoinMarketCap as investors bet on higher prices. Terra(LUNA) also known as Terra 2.0 and the platform's old chain, Terra Classic (LUNC) are attracting tremendous interest among crypto traders up on the day by 6.61% and 1.89% consecutively. While LUNC is ranked third highest. The live Terra Classic price today is $0.000104 USD with a 24-hour trading volume of $159,239,210 USD Terra Classic is down 1.88% in the last 24 hours. The current CoinMarketCap ranking is #212, with a live market cap of $684,219,661 USD. It has a circulating supply of 6,565,315,225,908 LUNC coins. Terra LUNA is highlighted by the CoinMarketCap dashboard which shows that the token is the most searched on the CoinMarketCap platform out of all the cryptocurrencies as of July 18 Investors may still feel that LUNA and Terra Classic have a shot at

ETH surged by as much as 40.58% in the last two days the ETH chart is high following a massive increase in the past hours. The live Ethereum price today is $1,521.90 with a 24-hour trading volume of $30,414,229,585 ETH to USD price in real-time. Ethereum is up 6.50% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $185,074,197,957 USD. It has a circulating supply of 121,606,972 ETH coins Read full news at :  https://cryptounity.news/ethereums-explodes-40.58-pulled-in-last-two-days-price-rises-above-1500

According to Shiba Inu Lead developer, Shytoshi Kusama one seeming requirement for massive Shiba Inu burns, He says the project is working towards it on many levels. Also said "Massive burns will require a true community effort and we are working towards it on many levels. Will take time and I hope the timing works out perfect!" Read full news at :  https://cryptounity.news/shiba-inu-lead-dev-states-requirements-for-massive-shib-burns-over-1-billion-shib-burned-in-7-days

South Korean automobile company Hyundai is getting into NFTs the newest evidence is the company's latest trademark filings covering a wide range of NFTs and virtual reality possibilities. Hyundai has more plans for the Metaverse. Hyundai has filed a US trademark application for NFTs + NFT-backed media, Issuing trading and verifying NFTs, Virtual clothing, Footwear, sports gear, Virtual avatar + car images, and more. Hyundai filed the new trademark application on July 6, 2022, they cover NFTs as well consider VR apparel, footwear, and sports equipment. Read full news at :  http://cryptounity.news/hyundai-files-new-trademark-for-nfts-and-vr

The outlet will only be disclosed to holders of Otherside land conspiracies in its 1st phase. Otherside, the much-predicted metaverse gaming outlet from the producers of the Bored Ape Yacht Club is accessible for business. The Yuga Labs developed game asked 4,300 players "Voyagers" for a first peek tech demo and the trip of the immersive ape avatar-guided online outlet. all Otherside performers will be expected to undertake or view one of these "First Trips" to be able to partake in the game, which has yet not fully debuted. All 4,300 players who participate in Yesterday's digital outing to the "Biogenic Swamp" that includes the center of Otherside were holders of "Otherdeeds" which transfers conspiracies of digital land within the outlet in a lite paper released shortly after yesterday's first Trip. Read full news at :  https://cryptounity.news/bored-ape-metaverse-otherside-opens-by-yuga-labs

India’s finance minister, Nirmala Sitharaman has expressed on the G20 countries to bring crypto within the Automatic Exchange of Information framework. More than 100 countries have adopted the common reporting standard under the framework. She describes cryptocurrency during the G20 Ministerial Symposium on tax and development in Bali, Indonesia on Friday. Tax transparency is an area where considerable progress has been made with the Automatic Exchange of information in respect of financial accounts also talked about Our investigation have shown that numerous layers of entities are often set up by tax evaders to conceal their unaccounted assets. Read full news at :  https://cryptounity.news/india-calls-on-g20-to-bring-crypto-within-global-automatic-exchange-of-information-framework

Viacom18 Studios collaboration with HeyHey! to launch NFTs for its upcoming sports drama Shabaash Mithu NFT holders together with audiences and lovers will probably be allowed to say the free NFTs that may enable them to be part of the Shabaash Mithu NFT movie membership the different sets of NFTs that customers should purchase will give patrons entry to unlock offline experiences. HeyHey helps join followers with over 2500 artists on its sturdy roster starting from well-known Indian names akin to Govinda Amish Tripathi Sharman Joshi, Evelyn Sharma, and Elnaaz Norouzi, amongst others. NFT holders including spectators and enthusiasts will be allowed to claim their free NFTs which will allow them to be a part of the "Shabash Mithu" NFT film club and enjoy the many benefits along with the update they received. The second set of NFTs that consumers can buy will give buyers exclusive access to unlocked offline experiences. Read full news at :  https://cryptounity.news/viacom18-stu

Ethereum's transition journey from PoW to PoS journey could bring up to years as it began with the launch of Beacon Chain in December 2020 Ethereum network is nearing the merger phase of its crucial transition from proof-of-work mining consensus to proof-of-stake, Ethereum devs offered an endless merger date during a conference call on Thursday. Read full news at :  https://cryptounity.news/ethereum-devs-confirm-the-perpetual-date-for-the-merge

Rarible.com the multi-chain NFT marketplace has just expressed its cooperation with the Metaplex Protocol created on Solana. Rarible is closer to requesting an interoperable NFT occasion. Rarible's partnership with Metaplex Procol caused Solana the sixth blockchain benefited from the marketplace. Ethereum, Flow, Polygon, Tezos, and inflexible X. NFT users can presently investigate exhibitions across many blockchains in a single platform. Solana blockchain to assure its longevity and long-term achievement declared Alex Salnikov Co-producer and Chief Strategy Officer at Rarible. Read full news at :  https://cryptounity.news/rarible.com-has-just-declared-its-cooperation-with-the-metaplex-protocol-created-on-solana