Daily Crypto News | June 22nd, 2022

1. Black Hills Energy Of Wyoming Agreed To Supply Power For Crypto Mining

As it is seeking to attract Bitcoin miners to the area, the state of Wyoming has so far completed a deal with one crypto mining facility, which guarantees the facility power supply under Wyoming’s Blockchain Interruptible Service Tariff. Black Hills expects this firm to soon become one of the leading crypto mining companies in the region

“We are excited to serve this new type of customer and to explore the benefits we can provide to other flexible load customers over the longer term,” Black Hills Corp. CEO Linn Evans shared his opinion. The company believes bringing blockchain companies that need energy to the state will benefit its people with taxes and employment.

2. Twitter’s Board Urges Shareholders To Approve Of Elon Musk’s Takeover

According to SEC filing, Twitter’s board is unanimously encouraging the approval of Elon Musk’s $44 billion offer to be the new owner of the social media giant.The board’s recommendation is only taking Musk’s deal closer to reality. The only thing left is the official approval of the shareholders in an upcoming event.

Members of the board shared in the Securities and Exchange Commission filing that the takeover is “advisable and in the best interests of Twitter and its stockholders.” Calculated correctly, the offer allows Twitter shareholders to gain $54.20 a share, which is currently at about $39.

3. Celcius Token On A 300% Rise Due To A GameStop-like Event

CEL’s price started at $0.67 on June 19 and skyrocketed to $1.59 on June 21, marking a 180% increase when put next to the crypto market’s 12.37% rise at the same time.

The spike started after an independent market analyst, PlanC, declared that it would reward $20 million to anyone who could find proof that shows the Celcius Network was under a third party’s attack, leading to the temporary withdrawal and transaction suspension by the crypto lender.

This led to a new wave of craziness on social media, with the hashtag #CelShortSqueeze becoming top treding on Twitter, and the key phrase “CEL short squeeze” hit a perfect score 100 on Google Trends.

4. Uniswap Labs Is Acquiring NFT Aggregator Genie

NFT trading platform OpenSea might have found a new competitor, as Uniswap is clearly hinting its future participation in the NFT market. Uniswap Labs, the mother company of the Ethereum decentralized exchange Uniswap, is now purchasing the NFT aggregation platform Genie.

We’re trying to bring everything we brought to the ERC-20 space to the NFT space,” Uniswap founder and CEO Hayden Adams shared his thoughts on Tuesday following the official announcement. With Genie, Uniswap now has an aggregator that allows users to buy multiple NFTs at once and see listings on different marketplaces, a perk unique to Genie.

5. Japan Producing A Movie Series Based On The Crypto Space

Unlike China, Japan is showing its appreciation for the development of the crypto world. A Japanese film studio Noma has made an official announcement about its three feature films that take place in a crypto environment. The first one is called The Rhetoric Star and is already in production, premiered 2024.

Animator Haruna Gohzu, an experienced member in popular anime productions that created Pokémon and the Demon Slayer movie, will be in charge of the animation part of the movie. This series is said to change the way people view crypto and appreciate the world’s steer to “a virtual future dependent on blockchain, cryptocurrency, NFTs and the like.”

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