Quick take: 14 Ethereum addresses with no NFT history purchased 159 Meebits between March 5th and March 11th These purchases were before Yuga Labs acquired the Meebit collection created by Larva Labs The transactions have raised accusations of insider trading However, NFTs and cryptocurrencies are yet to be fully regulated 14 new Ethereum (ETH) addresses …
Continue reading “14 New ETH Addresses Bought 159 Meebits Before Acquisition by Yuga Labs”
Quick take: Time magazine has released its first-ever full magazine issue as an NFT Ethereum’s Vitalik Butern featured on the cover of the NFT issue of Time magazine Vitalik discussed the future of crypto including the dangers of overeager investors and the potential for Ethereum to change the world Time magazine has released its first-ever …
Continue reading “Vitalik Buterin Features on 1st Ever NFT Issue of Time Magazine”
Quick take: Gitcoin is hosting a fundraising campaign to benefit the humanitarian effort in Ukraine The fundraising campaign will run from the 9th to the 23rd of March $700k has been set aside by Gitcoin Grants to match individual donations According to Slowmist, $84.939 million in crypto has been donated to Ukraine Gitcoin, the platform …
Continue reading “Gitcoin Grants Aims to Raise $1M+ in Ethereum Towards Ukraine”
ApeCoin’s recently token airdrop presented a rare opportunity for an anonymous trader to gain a hefty profit from minuscule transactions fees. The trader supposedly leveraged a fractionalized NFT platform with flash mint support to make over $800,000 while paying $642 in transaction fees. The ApeDAO launched its so-called ApeCoin ERC-2O token for the Ape ecosystem …
Continue reading “Anonymous Trader Bags Over $800K Using Flash Loan on ApeCoin Airdrop”
Leading crypto exchange Coinbase is adding wallet support for Solana and SPL tokens Users will also be able to import their crypto tokens (SOL) from their existing Phantom and Solflare wallets. The Coinbase team is also working towards adding support for Solana NFTs in near future. Leading crypto exchange Coinbase has added wallet support for …
Continue reading “Coinbase Wallet adds support for Solana And SPL Tokens”
8.56% of the total ETH supply is now in ETH2 deposit contracts. The merge on the mainnet — expected later this year — would increase the yield in staking ETH. The amount of ETH waiting to activate is also at an all-time high. The amount of Ethereum staked in the ETH2 deposit contract amounts to …
Continue reading “Almost 10% of the Total Ethereum Supply Staked in ETH2 Deposit Contract”
An NFT collector lost a digital collectible from the Ether Rock collection worth $1.2 million after a major listing error. The holder put the rock up for sale but failed to set the appropriate trading currency. After setting the price in WEI instead of ETH, the million-dollar rock NFT was sniped by a bot. A …
Continue reading “$1.2M Ether Rock NFT Sniped by Bot After Listing Error”
Quick take: ApeCoin (APE) has had an eventful first day of trading hitting an all-time high of $39.40 and a low of $6.48 APE has since stabilized at $7.44 after being listed on Gemini, FTX and Binance However, if history is used as a guide, ApeCoin (APE) could experience more losses before prices stabilize The …
Continue reading “ApeCoin (APE) Plummets by 83% on the First Day of Trading”
Ethereum gas prices have soared as the ApeCoin token recorded staggering transaction and withdrawal volumes on popular decentralized exchange Uniswap. The governance token inspired by the highly-rated NFT collection Bored Apes Yacht Club has also experienced significant activity of crypto platforms like FTX. Due to massive surges in the trading activity of the ERC-20 token …
Continue reading “ApeCoin $APE Trading Volume Triggers Spike in ETH Gas Prices”
Ripple donates 1 billion XRP tokens, worth $800 million, to support development on its network. The funds will be distributed over the next 10 to 20 years. Meanwhile, Ripple is in the middle of a lawsuit with the SEC, which should see a resolution this year. Ripple Labs is donating 1 billion XRP tokens, worth …
Continue reading “Ripple Donates 1B XRP Tokens To Support Its Network Development”
In brief: The DeFi token of Aave (AAVE) is up by over 18% in the last 24 hours The double-digit increment in value comes in the backdrop of Aave’s V3 upgrade With the newest upgrade, users of Aave will enjoy cross-chain transactions, higher efficiencies, new wallet integrations and more AAVE is also exhibiting some bullish …
Continue reading “DeFi’s Aave (AAVE) Up 18% in 24hrs Amidst V3 Upgrade”
Quick take: Bitcoin hit a local high of $41,718 as anxiety grew on Wednesday, that the Fed would increase interest rates The U.S Federal reserve announced a 0.25% rate hike and signaled six more increments this year Bitcoin has since dropped below $41k to $40,600 Current prices are a relief for Bitcoin traders given Sunday’s …
Continue reading “Bitcoin Battles to Hold $41k as the Fed Raises Interest Rates by 0.25%”
Summary: $Ape Coin token is launched on 16 March, 2022 by ApeDAO The tokens goal is to steward the growth of the Ape ecosystem in a fair and inclusive way. The token is available to trade in various exchanges such as FTX & Huobi Today, on March 16, 2022, ApeCoin DAO introduced their coin $ApeCoin …
Continue reading “ApeCoin DAO Launches $APE a Token For Culture, Gaming, and Commerce”
Ukraine’s government has passed a national bill legalizing the cryptocurrency industry in the country. President Zelenskyy signed a law that approves virtual asset exchanges for legal operations and provides crypto companies with access to traditional banking facilities. President Volodymyr Zelenskyy has approved a law to effectively legalize the crypto sector in Ukraine. The nationwide policy …
Crypto proponent Michael Novogratz has made an ambitious prediction regarding the world’s leading digital currency by market cap, Bitcoin. Novogratz said cryptos will soon go viral like the internet and the price of Bitcoin could hit $500,000 much sooner than the world expects. Former hedge fund manager Mike Novogratz has said that the market price …
Continue reading “Bitcoin Will Hit $500,000 by 2025 Says Galaxy Digital Boss Mike Novogratz”
