Voyager Files for Bankruptcy Protection & Facebook NFTs Coming Soon! [Crypto Espresso 07.6.22 ]

CoinMarketCap published this video item, entitled “Voyager Files for Bankruptcy Protection & Facebook NFTs Coming Soon! [Crypto Espresso 07.6.22 ]” – below is their description.

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🔵 CoinMarketCap Daily:

• Voyager Files for Bankruptcy Protection After Three Arrows Capital Defaults on $650M Loan

CEO Stephen Ehrlich says “deliberate and decisive action” is needed now — and sets out how affected customers locked out of their funds will be reimbursed.

• Britain’s Crypto-Friendly Finance Minister Suddenly Resigns

Back in April, Rishi Sunak unveiled plans to ensure stablecoins would become a recognized form of payment in the U.K — his departure may throw that policy into doubt.

• Facebook Vows to Push Ahead with NFT Plans Despite Market Crash

But an executive admits we have now seen a “pit of despair” take hold of the market — and a lot of the projects created during last year’s mania will not survive.

• Luxury Jeweler Launches Legal Fight over $7.5M Bitcoin Ransom

Graff Diamonds paid millions of dollars to the Conti ransomware group — but is suing an insurer because it is refusing to cover the payout.

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Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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In This Story: Rishi Sunak

Rish Sunak is a British Conservative Party MP, who was originally elected as a Member of Parliament in the Richmond (Yorks) constituency in 2015.

His father-in-law is billionaire founder of Indian IT giant, Infosys, NR Narayana Murthy.

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Brief Biography Here.

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