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Cosmos Check-In #2

Welcome to Flagship’s Cosmos Check-ins! Our goal is to provide you with up-to-date and in-depth news about the Cosmos Ecosystem in less than 7 minutes! Grab a coffee, and let’s dive in.

WBTC’s recent depeg, and what you need to know to protect yourself

WBTC’s recent depeg, and what you need to know to protect yourself

What happened during the WBTC depeg, and what can you do to keep yourself safe? Read to find out more.

Better Connected With Moss, Creating the Essential Web3 Communication Infrastructure

Press Release: Better Connected With Moss, Creating the Essential Web3 Communication Infrastructure

It’s tough to keep track of your favorite projects in crypto. They are smattered across Discord, Telegram, Twitter and Medium, with each platform in varying states of being updated, and different announcements appearing in different places.

Fidelity has started opening retail bitcoin trading accounts

Fidelity Investments has started opening retail bitcoin trading accounts

They sent emails explaining new access to buy and sell bitcoin on the Fidelity platform to some users.

Kraken has settled with the US Treasury's OFAC for sanctions violations

Kraken has settled with the US Treasury's OFAC for sanctions violations

As part of a deal "to settle its potential civil liability" related to breaking sanctions against Iran, the American cryptocurrency exchange consented to pay more than $362,000.

Singapore mandates that for every $100 of Bitcoin exposure, banks must hold $125

Singapore mandates that for every $100 of Bitcoin exposure, banks must hold $125

According to the MAS minister, bank exposure to cryptocurrencies in Singapore is "insignificant."

Game7 provides Web 3.0 gaming companies with grants totaling $100 million for open-source technology

Game7 provides Web 3.0 gaming companies with grants totaling $100 million for open-source technology

Game7 aims to help teams develop cutting-edge open-source infrastructure to support the blockchain gaming industry's growth and promote cooperation.

The crypto lender BlockFi has filed for bankruptcy protection

The crypto lender BlockFi has filed for bankruptcy protection

This filing follows an announcement earlier this month by BlockFi that it had temporarily suspended withdrawals.

As buying pressure decreases, XRP wipes $800 million from its market cap in a single day

As buying pressure decreases, XRP wipes $800 million from its market cap in a single day

XRP has experienced a consistent uptrend in recent weeks despite the cryptocurrency market as a whole being in a bearish state.

Will Bitcoin Miners Capitulate? Is Bitcoin in Danger?

Will Bitcoin Miners Capitulate? Is Bitcoin in Danger?

As selling pressure and market volatility rise, the Bitcoin price is having a hard time recovering.

Web3 Delight Abu Dhabi – Unleashing the potential for the future tech development

Press Release: Web3 Delight Abu Dhabi – Unleashing the potential for the future tech development

This fusion of the Web3 world brought together Crypto, Metaverse, DeFi, GameFi, NFTs, DAOs, and more to create an immersive experience like no other.

Analysts say a crypto drought contributes to the Venezuelan currency's nearly 40% drop against the dollar

Analysts say a crypto drought contributes to the Venezuelan currency's nearly 40% drop against the dollar

In just one month, the bolivar, Venezuela's fiat currency, has lost nearly 40% of its value relative to the US dollar.