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

Today’s blockchain and cryptocurrency news
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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

• 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