Crypto.com users can trade in 175 OTR stores, BTG Pactual launched crypto trading platform, CDPQ wrote off its stake in Celsius + more news

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Adoption news

• Crypto.com Wallet customers can now buy everyday items, such as petrol, coffee and sandwiches across 175 On the run (OTR) fuel and convenience stores across Victoria, South Australia. and Western Australia use crypto by using the Crypto.com app to scan a QR code on their phone. Peregrine Corpthe owner of OTR, plans to roll out the feature to an additional 250 retail locations across the country, the announcement said.
• Brazilian investment bank BTG Pactual launched a crypto trading platform. Called Cointhe platform will offer its users access to bitcoin (BTC), ether (ETH), solana (SOL), polkadot (DOT) and cardano (ADA), the company said in a press release.

Investment news

• The CEO of a major Canadian institutional investor recently said he has written off his company’s stake in Celsius ( CEL ), Bloomberg reported. Charles Emond, CEO of Caisse de Depot et Placement du Quebec, discussed investing $150 million in the troubled crypto lender, which filed for Chapter 11 bankruptcy last month, saying that while due diligence was “quite extensive,” it’s not a guarantee of success. He added that he has “empathy” for the thousands of investors whose funds Celsius had unlocked.
• Lending protocol for non-custody Yupana.Finance said it provides credit protocol benefits to the Tezos (XTZ) community, allowing them to borrow, lend and earn rewards. In the press release it was stated that the developers of Madfisha software development company in the Tezos ecosystem, has tested Yupana “extensively” and that it has already launched on the Tezos network.
• Blockchain cybersecurity firm dWallet Labs has raised USD 5 million to build its solutions on top of Odsy network, says a press release. The pre-seed funding was led by Node capital and Digital currency groupand joined Amplify Partners, Lightshift Capital, Liquid2 Ventures, Collider Venturesand more, as well as founders and angel investors from Coin base, Ethereum, Celo, Angel list, Everything, Spearheadand others.
• Singapore based crypto staking firm RockX has been recognized by Wagering of rewardsa central information hub and data aggregator for crypto staking, as a Verified Staking Provider effective July 20, 2022. RockX provides non-custodial staking services for all major Proof-of-Stake public blockchains, and is one of 22 providers globally to have applied for and received confirmation, while four of these are based in Asia, says a press release shared with Cryptonews.com.

Payment news

• Crypto platform Wirex has introduced new payment methods to make it easier for users to top up and withdraw money from their accounts. The methods include SEPA Instant and Faster Payments, which allow UK and EEA customers to transfer GBP and EUR between Wirex and bank accounts more easily, it said.

Security news

• Blockchain Interoperability Protocol Celer network was forced to shut down its cBridge product after being subjected to a Domain Name System (DNS) hijacking attack. To reduce the potential threat, the company asked the users to revoke approval for a number of contracts, including Polygon (MATIC), Avalanche (AVAX) and others. After this, the team tired that the cBridge frontend user interface (UI) is now up again with additional monitoring in place.

Stablecoin news

• Tetherthe issuer of the USDT stablecoin, said it is updating its underwriting and attestation processes, and officially began working on BDO Italythe Italian member firm of BDO global organization, top five ranked global independent public accounting firm, in July 2022 for its quarterly attestations. Tether will also focus on moving towards releasing its certificates from a quarterly basis to monthly reports.

Legal news

• A Russian man accused of laundering cryptocurrencies stolen through ransom attacks has been extradited from the Netherlands to the United States, where he will face charges of aiding and abetting money laundering and other criminal offenses. United States Department of Justice announced. 29-year-old Denis Mihaqlovic Dubnikov is looking at a prison sentence of 20 years, should he be convicted. The money he allegedly laundered came in through the Ryuk ransomware strain.

Game news

• The sandbox‘s Alpha Season 3 will launch on August 24, the company confirmed in a press release today. It said this will be the biggest Alpha season to date, as it includes 98 experiences over 10 weeks, meaning players will get new content every day.
• Online multiplayer IO game Snooker announced its BBT theme rooms for ecosystem partners – a branded, token-gated experience where projects can engage with their community. It also means the potential for collaboration in the Web3 area, says a press release shared with Cryptonews.com. Snook’s partnership with blockchain domain name builder Unstoppable domains enables Snook users to log in with their Unstoppable Domain and play against other UD holders. The game also cooperated with Lobster DAO and launched a LobsterDAO BBT-themed room, and it will host an exclusive game night for all LobsterDAO NFT holders.
• Game oriented blockchain Oasis announced the winners of the Web3 gaming event it had recently held in Seoul, South Korea. PROBLEM POINT: Cyber ​​​​Galza Battle Royale-style action game won the competition, bringing the developers, Catze Labs600,000 of Oasys’ original tokens, OAS, as well as first negotiation rights with Arriba, BNE 021 Fundand DJT Ventures. Pomerium, Epic Leagueand The Tanuki squad shared second place, winning OAS 200,000 each.

Career news

• Crypto exchange CEO Genesis TradingMichael Moro, has resigned from his position, at a time when his company is facing heavy losses due to the fall in Three Arrows Capital. According to Bloomberg, he will be succeeded by the current Chief Operating Officer, Derar Islam, who joined the company two years ago.