Plus: The Ethereum Domain Service (EDS) introduced support for traditional domains
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The global crypto market cap is $2.08T 4.03%▲ with a 24-hour market volume of $109.18B 0.79%▼. Bitcoin's dominance is currently 43.63% 0.44%▼. CURRENT PRICES BY MARKET CAP | # | Name | Price | 24h % | | 1 | Bitcoin BTC | $48,408.96 | 3.20% ▲ | | 2 | Ethereum ETH | $3,251.44 | 4.40% ▲ | | 3 | Cardano ADA | $2.83 | 12.95%▲ | | 4 | Binance Coin BNB | $488.54 | 1.93%▲ | | 5 | XRP XRP | $1.14 | 5.01% ▲ | *Prices as of 4:30 p.m. ET.
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 An infrastructure bug found in 54% of Ethereum nodes has been causing the nodes to fork from the network. The scope of this issue is still being investigated and has raised concerns of double-spending attacks. More: - The bug has been identified as affecting older versions of Geth clients (v1.10.7 and earlier); a Go implementation of an Ethereum client used to connect nodes with the Ethereum network.
- Geth clients make up nearly 75% of all clients on the Ethereum Mainnet. Over 70% of all Geth clients are currently running on Geth v1.10.7 and earlier.
- Ethereum Virtual Machine (EVM) compatible chains, including Binance Smart Chain (BNB) and Polygon (MATIC), are also impacted.
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 Ringers #879 sold for a record 1,800 ETH (~$5.8M) on NFT marketplace OpenSea. The NFT was purchased by Singapore-based crypto investment firm Three Arrows Capital. More: - Ringers #879 was created by artist Dmitri Cherniak and minted on Art Blocks back in February.
- The purchase by Three Arrows was the largest on Art Blocks, surpassing the previous record of 100 ETH (~$2.6M).
- Three Arrows has been actively purchasing NFTs from Art Blocks. Last year, the firm bought at least 10 NFTs from the Tyler Hobbs Fidenza collection for around 320 ETH (~$1M) apiece.
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Multi-chain smart contract platform Moonriver launched on Kusama (KSM). The launch of Moonriver enables interoperability of Ethereum-compatible smart contracts and DApps on Kusama. More: - Moonriver is the sister network of Moonbeam, an Ethereum-compatible smart contract platform for the Polkadot (DOT) ecosystem.
- Moonbeam is still under development and is expected to launch on the Polkadot mainnet sometime this year.
- Following the launch, Moonriver’s native token MOVR is now freely transferable and available for network participants.
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▲ TOP GAINERS | # | Name | Price | 24h % | | 1 | Arweave AR | $39.96 | 57.34% ▲ | | 2 | Celo CELO | $4.12 | 24.41% ▲ | | 3 | Tezos XTZ | $5.36 | 19.34% ▲ | | 4 | Terra LUNA | $31.45 | 17.01%▲ | | 5 | Solana SOL | $85.89 | 15.31%▲ | ▼ TOP LOSERS | # | Name | Price | 24h % | | 1 | Mdex MDX | $1.47 | 1.93%▼ | | 2 | Revain REV | $0.01336 | 0.84%▼ | | 3 | Amp AMP | $0.06037 | 0.40%▼ | *Limited to cryptocurrencies in the Top 100. Prices as of 4:30 p.m. ET.
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 Solana (SOL) reached its second ATH in the past week. SOL jumped 22.7% over the past 24 hours, achieving a new high of $83.21. More: - SOL has enforced its position as the 10th-largest crypto by market cap and is rapidly closing in on the Crypto Top 5.
- Osprey Funds filed with the SEC on Tuesday for the creation of the Osprey Solana Trust.
- The price jump comes despite negative news about Solana-based Luna Yield’s $6.7M exit scam.
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The Cuban government announced that it would recognize and regulate bitcoin. The extent of regulations and what regulations mean for the future of cryptocurrencies in Cuba have not been revealed. More: - The central bank stated it has the power to authorize the use of bitcoin and other cryptocurrencies for the socio-economic interests of Cuba.
- The resolution will provide checks for banks to prevent "illegal" crypto transactions.
- Enacting regulations may signal the Cuban government’s awareness that citizens use bitcoin to circumvent U.S. embargo restrictions.
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- The Ethereum Name Service (ENS) added support for .com, .org, .io, and other traditional domains.
- CNBC’s Jim Cramer stated on “Mad Money” that investors should invest 5% of their investment portfolios into crypto.
- A lawsuit was filed in Colorado state court against the parents of a hacker who stole 16.4 BTC (~$1M).
- CryptoPunks reached $400M monthly sales in August, almost half of the total monthly NFT sales.
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 |  | Griffin McShane is a J.D. candidate currently living in Portland, Maine. He is a graduate of Providence College, where he studied both computer science and business. Griffin aspires one day to go to the moon and bring some of his altcoins along for the ride. |   | | 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. | |
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