Fidelity Files With SEC For Crypto And Metaverse Company ETFs – January 28

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $36,961

Bitcoin price has risen only slightly over the last 24 hours, currently hanging around the $37,000 level.

Top-20 altcoins are mostly stable, as Ethereum remains unchanged, Binance Coin rises 4% and Terra stands out with a 15% tumble.

Top Stories for January 28, 2022 πŸ”₯

πŸ‘‰ Fidelity Files With SEC For Crypto And Metaverse Company ETFs

Investment giant Fidelity has filed with the Securities and Exchange Commission (SEC) to launch cryptocurrency and metaverse exchange-traded funds (ETFs).

The ETFs intend to track the performance of real-world companies operating in the above sectors. In the case of the metaverse ETF, companies included must earn at least half of their revenue through metaverse-related products and services.

πŸ‘‰ LeBron James Partners With For Digital Education

NBA star LeBron James has partnered with to provide educational support and opportunities relating to blockchain and web 3. The program includes teaching blockchain technology to children in the inner city.

The deal is LeBron’s first with a crypto-related company and follows a string of crypto deals in the NBA, including’s purchase of the naming right’s to the Los Angeles Laker’s own Arena.

πŸ‘‰ DeFi Protocol Qubit Finance Hacked For $80 Million

Decentralized finance protocol Qubit Finance has been hacked for a total loss of $80 million in funds – consisting of more than 206,000 Binance Coin (BNB).

The protocol’s “QBridge” was exploited to create a large amount of false collateral, which was then used to drain the entire amount of BNB tokens stored on the platform. The exploit was carried out multiple times.