Trading volumes on OpenSea Marketplace decreased by 75% for the month In June, NFT marketplace sales were less than $1 billion for the first time since June 2021, Bloomberg writes. Sales of the largest NFT marketplace, OpenSea, were $670 million in June, down 75% from…
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Hacker hacked into blockchain bridge and stole $100 million worth of cryptocurrency
The team at the affected Harmony project is working with authorities to find the culprit and recover the stolen funds A hacker hacked the Horizon blockchain bridge running on Harmony’s network and stole $100 million worth of cryptocurrency. The attacker conducted 11 transactions within 18…
Cristiano Ronaldo will release NFT on the Binance platform
The first collection of tokens developed by the crypto-platform with the footballer will be launched by the end of the year Soccer superstar Cristiano Ronaldo will release several NFT collections in collaboration with the Binance platform. The athlete has entered into a multi-year partnership with…
Bi currency investments: how it works in the world of cryptocurrencies
In the period of increased turbulence in the markets, when spot trading becomes too risky and traditional deposits do not bring income, investors are considering more sophisticated tools Bi currency investments refer to structured products that include more than one asset and have a fixed…
Bitcoin Price Prediction in July 2022
On the morning of June 14, bitcoin fell to $20.8K for the first time since December 2020. The cryptocurrency has fallen 36% over the past week and now trades 68% below its all-time high of $69,000 set in November 2020. The final wave of structural…
Ropsten test network begins migration to PoS as part of Ethereum 2.0
This transformation will be a dress rehearsal for the main network’s transition to the new algorithm in August Ethereum begins migrating its oldest test network, Ropsten, to the new Proof-of-Stake consensus algorithm. The test merge can be seen in a YouTube broadcast. The transition of…
New technology will allow cryptocurrencies and NFTs to be inherited
Kirobo platform’s latest development will help automatically execute the last will of an asset owner without intermediaries A new mechanism that allows you to bequeath cryptocurrencies and NFTs to your loved ones has been announced by Israeli firm Kirobo. A holder of digital assets in…
The world's first cryptopolice to start operating in June
South Korea accelerated the creation of a Digital Assets Committee after the recent collapse of UST and LUNA tokens The Digital Assets Committee, the world’s first ministerial-level regulator, will begin work in June. The South Korean government will accelerate the launch of a new body…
What the change of Ethereum algorithm will lead to. The main negative consequences
Changing the way tokens are mined entails a transformation of the entire ecosystem. John Belford discusses the possible effects of changing the protocol The Ethereum blockchain is scheduled to switch to Proof-of-Stake (PoS) mining in August 2022. This will mean the end of ETH mining…
What are blockchain bridges and why do they matter?
Lack of interoperability has become a serious problem with the growing number of DeFi networks. How do firewalls allow you to take the best from different platforms? There are many different blockchain-based networks in the cryptocurrency world, such as Ethereum, Binance Smart Chain, Algorand, Avalanche,…
