Ripple applies for licenses in the UK and Ireland “McNuggets Land” for The Sandbox | Summary of important breaking news on the morning of the 22nd

Summary of important breaking news on the morning of the 22nd

This is a summary of notable news related to virtual currency until the morning of Japan time.

Ripple Apply for License in UK and Ireland (Attention: ★★★☆☆)

Ripple is applying for a cryptocurrency-related license in the United Kingdom (UK), Ireland.

The company is applying for a cryptocurrency company registration in the UK and a payment mechanism license in Ireland, Sendi Young, Ripple’s European manager director, told DL News.

According to Young, Ripple wants to invest heavily in these regions in Europe to drive exponential growth.

connection: Summary of the “Ripple trial” filed by the US SEC (December 2020-July 23)

Opened “McNuggets Land” at The Sandbox in Hong Kong (Attention: ★★★☆☆)

Hong Kong’s McDonald’s (Mac) opened its own session “McNuggets Land” in the Web3 metaverse “The Sandbox”.

McDonald’s Hong Kong is launching the first metaverse experience: McNuggets® Land in The Sandbox to celebrate the Chicken McNuggets’ 40th Anniversary with a series of exclusive rewards!

Get ready to party with your favorite Chicken McNuggets in the metaverse today… pic.twitter.com/5kO3IPCOAq

— The Sandbox (@TheSandboxGame) July 20, 2023

The campaign marks the 40th anniversary of the launch of Chicken McNuggets, and users in Hong Kong have the opportunity to win coupons for free Chicken McNuggets 365 days a year.

The Sandbox is a Web3 gaming metaverse with 40 million users. We have partnered with apparel and IP (intellectual property such as characters) brands around the world such as The Walking Dead, Atari, Gucci, and Toei Animation.

connection: What is the Metaverse NFT game “The Sandbox (SAND)”?

Conic Finance hacking 1,700 ETH outflow (Attention: ★★★☆☆)

DeFi protocol Conic Finance lost more than 1,700 ETH ($3.2 million) in a fraudulent outflow on the 21st.

Conic has reached out to the exploiter via a tx sent from the official Conic Multisig address (https://t.co/L4HvNSdt34).

Other txs claiming to recover funds on behalf of Conic are a scam.

— Conic Finance (@ConicFinance) July 21, 2023

According to blockchain security firm BlockSec, the cause of the hack was “read-only reentrancy.” Read-only reentrancy is a common bug that allows attackers to trick smart contracts by making repeated calls to the protocol to steal assets.

Conic Finance, which launched on March 1, is a service that manages assets in the Curve ecosystem.

Launch MetaMask Snaps within the year (Attention: ★★★☆☆)

Cryptocurrency wallet giant MetaMask plans to launch the Snaps protocol later this year.

Snaps is a JavaScript program first announced in 2020. Developers can build user-specific specifications on MetaMask, allowing users to access dApps on different networks and store cryptocurrencies other than ERC.

connection: How to use the virtual currency wallet “MetaMask” that even beginners can understand

List of major economic indicators after this week (Attention: ★★★★☆)

List of major economic indicators after next week

・7/18 (Tue) 21:30 US June retail sales
・7/19 (Wednesday) 18:00 EU June consumer price index
・7/20 (Thursday) 21:30 Number of new unemployment insurance applications for the previous week
・7/21 (Friday) 08:30 Japan June National Consumer Price Index
・7/27 (Thursday) 03:00 Policy rate announcement after the US FOMC meeting ・Fed Chair Powell regular press conference (03:30)…

— CoinPost Virtual currency media[WebX held in July](@coin_post) July 18, 2023