Union Bank of India jumps into Metaverse World, why bitcoin is rising – will bitcoin crash 2022

Union Bank of India in partnership with Tech Mahindra has launched the ‘Uni-Versus’ Metaverse Project. Meanwhile, the NFT fund of bankrupt Three Arrows Capital is now equal to a portion of what it was a few months ago.
Union Bank of India jumps into Metaverse World, why bitcoin is rising - will bitcoin crash 2022

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Union Bank of India, a state-owned public zone bank, has attached with Tech-Mahindra to open a digital front room and a banking sandbox surroundings in Metawors World. The virtual lounge is named ‘Uni-Year’ and will provide customers with all kinds of banking information such as deposit rates, loan rates, details of government welfare schemes, and more.
“you select a virtual avatar for your Bank Account Profile Picture, input the financial organization lounge, and get proper of entry to the banking services accessible. Currently, we are providing information services through which customers can get details about social security services, loans, and other banking products, ”said Rajiv Mishra, Chief Technology Officer (CTO), The Union Bank of India, in an interview with our Financial Expert officers. Said in an interview.

#UnionBankOfIndia is taking the next step in digital banking with its very own Metaverse Lounge. Say hello to the Uni-verse.

Read more about it here: https://t.co/xcPlqlS1w0#metaverse #GoodPeopleToBankWith #AmritMahotsav pic.twitter.com/O145ENZfK2

— Union Bank of India (@UnionBankTweets) July 8, 2022

In other news, Three Arrows Capital, which recently went down due to high levels of crypto betting, now has another set of problems on its hands. Its non-fungi token (NFT) fund, which aimed to raise $ 100 million a few months ago, is now worth $ 4.2 million and is the only institutional investor to have repaid all its investments.
According to CoinMetrics researcher Kyle Waters, Three Arrows spent an estimated $ 21 million to build this NFT fund portfolio and this collection includes many blockbuster NFT purchases, Coindesk reported.

Cryptocurrency prices

Global cryptocurrency market capitalization fell 2.79 percent to $ 917.21 billion as of 8.50 am. According to Coinmarketcap data, global crypto volume fell 0.56 percent to .2 54.28 billion.
Bitcoin (BTC), the world’s oldest cryptocurrency, traded down 3.45 percent at $ 20,562.84 in the last 24 hours. Ethereum (ETH) fell 3.34 percent to 15 1,152.85.
Among other important currencies, Cardano (ADA) was down 2.9 percent at 45 0.4585, Algorand (ALGO) was trading at 30 0.3036 with a loss of 4.58 percent, Solana (SOL) was down 4.56 percent at $ 35.63, Polkadot (DOT) It was down 4.44 % at 7 6.76, and Binance Coin (BNB) was down 2.35% at 231.21.
Today’s top gain was Chillies (CHZ), up 5.25 percent at 10 0.1067. The stop loss was STEPN (GMT), down 9.75% to 0.8873%.
Coin and DeFi prices
Dogecoin (DOGE) was down 2.92 percent at 6 0.06623. It has a volume to market cap ratio of 0.03411%. Anti-Shiba Inu (SHIB) was down 2.15 percent at 00 0.00001108.

Dogelon Mars (ELON) lost 2.52 percent to trade at 00 0.000000321, FLOKI lost 3.57 percent to 00 0.000006408, and Samoyed Coin (SAMO) lost 6.48 % to $ 0.008638.
On the DeFi segment, YFI (Year-Finance) was down 8.06 % at, 5,887.81%, and Terra Classic (LUNC) was trading at 9 0.0001079, down 3.91 percent. Avalanche (AVAX) was down 3.56 % at .6 18.68, Uniswap (UNI) was trading at 10 6.10 with a loss of 3.09 percent, and Aave (AAVE) was down 1.65 percent at 77.22.

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