The global crypto market cap is $2.56T 2.63%▼ with a 24-hour market volume of $130.79B 25.75%▲. Bitcoin's dominance is currently 46.33% 1.19%▼. CURRENT PRICES BY MARKET CAP # | Name | Price | 24h % | 1 | Bitcoin BTC | $62,795.84 | 5.46% ▼ | 2 | Ethereum ETH | $4,076.53 | 0.12% ▲ | 3 | Binance Coin BNB | $471.72 | 5.58%▼ | 4 | Cardano ADA | $2.15 | 1.35%▼ | 5 | Solana SOL | $182.55 | 5.30% ▲ | Source: CoinMarketCap, 2:00 EST | |
17% of Ethereum addresses have purchased 80% of Ethereum-based NFTs since April. The report on NFT transactions from April 1 to Sept. 25 comes from blockchain analytics firm Moonstream. More: - The report does not include data from Layer 2 networks like Polygon or centralized APIs like OpenSea API.
- 64,717 wallets accounted for the transaction of 145,303 Ethereum Name Service (ENS) NFTs.
- Moonstream made all of the information available on Kaggle and stated that they would add OpenSea and other API data in the future.
| |
TOP ETHEREUM NFT COLLECTIONS # | Name | 24h Volume | 24h % | 1 | Axie Infinity | $16.88M | 2.04%▼ | 2 | CryptoPunks | $9.08M | 153.41% ▲ | 3 | ASM AIFA Genesis | $6.78M | - | 4 | Bored Ape Yacht Club | $4.65M | 23.26%▼ | 5 | Jungle Freaks | $1.72M | 31.68% ▲ | Source: DappRadar, 2:00 pm EST | |
A Binance Smart chain proposal similar to Ethereum’s EIP-1559 could go to vote soon. The proposal recommends the regular burning of a portion of the blockchain’s transaction fees. More: - The proposal currently suggests a 10% burn, which would reduce the supply of BNB by 681 ($334,000) per day.
- For the proposal to go to vote, proponents would need to deposit at least 2,000 BNB.
- BNB already features regular quarterly burns from the Binance exchange. Last week, the exchange burned 1,335,888 BNB ($659M).
| |
A message from YOTASCALE Do You Have Team Level Visibility Of All Your Cloud Costs? We offer team-level visibility into your cloud infrastructure costs, including Kubernetes, containers, and microservices, with trustworthy actionable recommendations to empower engineering teams to successfully reduce cloud costs. Our demo will show you how: - To get team level visibility into your current cloud costs down to the team level
- To monitor for cost anomaly detection, with contextual alerts via Slack, Teams an Email
- To eliminate unused and wasted resources based on actual usage and discount programs
Get in touch with our team to help improve your team's visibility. Claim your Free Demo | |
🍋Fresh Funding🍋 zkLink, DEX: $8.5M ⮕ The seed funding round was led by Republic Crypto and participated in by Arrington Capital, DeFi Alliance, Huobi Ventures, Ascensive Assets, Morningstar Ventures, and others. More: - zkLink is a decentralized exchange (DEX) that uses zero-knowledge rollup (zk-rollups) to reduce gas fees and extend computing and storage resources.
- The fresh funding will be used to expand the zkLink team and launch the platform on the mainnet.
- The testnet for zkLink’s cross-chain token swap is currently available on Ethereum (ETH), Binance Smart chain (BNB), Polygon (MATIC) and Huobi Eco Chain (HECO).
| |
▲ TOP GAINERS # | Name | Price | 24h % | 1 | Nexo ONEXO | $2.26 | 13.23% ▲ | 2 | THORChain RUNE | $8.84 | 11.23% ▲ | 3 | UNUS SED LEO LEO | $3.34 | 7.36% ▲ | 4 | NEAR Protocol NEAR | $9.35 | 6.79% ▲ | 5 | The Graph GRT | $0.9136 | 6.62% ▲ | ▼ TOP LOSERS # | Name | Price | 24h % | 1 | dYdX DYDX | $19.27 | 6.27%▼ | 2 | Binance Coin BNB | $471.72 | 5.58%▼ | 3 | Hedera HBAR | $0.3785 | 5.28%▼ | 4 | Bitcoin BTC | $62,848.94 | 5.35%▼ | 5 | Stacks STX | $2.28 | 4.53%▼ | Source: CoinMarketCap, 2:00 EST *Limited to cryptocurrencies in the Top 100 | |
THORChain’s RUNE token jumped 35% after Etherum (ETH) network interoperability was re-enabled. RUNE hit a record high of daily transaction volume at $43M. More: - THORChain is a liquidity protocol for cross-chain trading between different blockchain networks.
- Following multiple hacks costing the project $13M, THORChain decided to temporarily disable trading on the Ethereum network back in July.
- Over the course of the hacks, RUNE dropped 82% from its ATH set in May.
- THORChain is expected to expand onto other chains, including Binance Smart Chain, Dash, and Cryptonote.
| |
A message from LEMONADE Keep your things safe with Lemonade, the top-rated renter's insurance in America. Getting renters insurance may sound complicated, but Lemonade makes it a sweet deal. Sign up online in just 90 seconds and get AI-powered coverage instantly for as little as $5 a month. That’s all it takes to be protected from situations like stolen property, damage from fires or leaks, others’ accidents in your home, and other dreaded mishaps. Through Lemonade, certain claims can be paid in seconds. Not only does Lemonade have your back, but they also take care of the community; the company will donate unused premium dollars to the cause of your choice. Get Lemonade today and have peace of mind later. | |
Polygon (MATIC) paid $2M to a white hat hacker for reporting a double-spend bug on Polygon’s Plasma Bridge. The $2M bug bounty reward potentially saved $850M in crypto from being compromised. More: - The double-spend vulnerability would have allowed hackers to burn transactions up to 223 times.
- White hat Gerhard Wagner, who found the bug, suggested that it was due to reusing someone else’s code and not understanding what it did.
- The $2M bounty reward is the highest-paid award to date. The record was previously held by Alexander Sclindwein, who was paid $1.05M for finding a vulnerability in Belt Finance’s protocol.
| |
QUICK HITS - Electric raised $90M in Series D to free you from IT overload. *
- Walmart has launched over 200 Bitcoin (BTC) ATMs at locations in the U.S.
- Reddit is hiring a senior backend engineer to build out its own NFT marketplace.
- A JPMorgan analyst suggested that inflation concerns were a greater influence on Bitcoin’s (BTC) latest ATH than the launch of a Bitcoin ETF.
- Animoca Brands founder Yat Siu called Facebook and Tencent threats to an open metaverse.
- Five Star Bank and UNIFY Financial Credit Union began offering BTC trading through Q2 Holdings and NYDIG.
- Ethereum’s Altair upgrade is expected to take effect by Oct. 27.
- Good news: Semrush has a huge database of backlinks, updated at lightning speed. Better news: It's FREE to try for all of 2021! *
*This is a sponsored post. | |
|
| | Griffin McShane is a New York transplant currently living in Brooklyn, NY. He is a graduate of Providence College, where he studied both computer science and business, and the University of Maine School of Law, where he earned his JD. Beyond his work at Inside, Griffin has written articles for CoinDesk and is a member of the International Association of Privacy Professionals (IAPP). | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
Get 95% accuracy in cloud cost allocation, actionable recommendations and continuous cost anomaly detection with Yotascale. | |
Keep your things safe with Lemonade, the top-rated renter's insurance in America. | |