Author: WebsCrypto

While the price of BTC continues to fall, Bitcoin’s mining difficulty and hash rate have both returned to highs, and the latest on-chain data shows that instead of falling, hash rate and difficulty have risen rapidly.

As many Web3 and NFT enthusiasts expressed their dissatisfaction with the X2Y2 team’s revised creator royalty policy on social media.

Ethereum’s price jump from mid-July to mid-August is likely to continue to fade as investors gain a better understanding of ethereum’s technical upgrade and future blockchain upgrades, Bank of America said in a report Friday. influences.

Analysts at financial services firm HC Wainwright and Jefferies lowered their price forecasts for Argo Blockchain following its results.

The community-managed brewery bucket DAO recently released Solana Summer Shandy beer.

The Triple A report shows that there are currently 320 million cryptocurrency holders in the world, of which the top five countries are the United States (46.02 million, accounting for 13.74% of the population), India (27.41 million, accounting for 2.00% of the population), Pakistan (26.45 million, 11.50% of the population), Nigeria (22.33 million, 10.34% of the population) and Vietnam (20.21 million, 20.27% of the population).

The research report shows that the demand analysis value of the global blockchain technology market size and share revenue in 2021 is about 4.8 billion US dollars, and it is expected to reach about 69 billion US dollars in 2030.

MakerDAO says it has issued over 89 million DAI via real-world assets (RWA). Maker Governance’s new proposal, MIP6, has been voted on to use Robinland’s (RBLD) tokenized real estate-backed loans as collateral in the Maker Protocol.

The underlying infrastructure of Web3, Caduceus, recently announced that the GPU mining client will be launched soon, and will announce the mining details such as the relevant economic model and hardware configuration.

Acala officially announced that it has identified the remaining 51 million aUSD in the aUSD error minting event, the vast majority of which remain in Acala’s relevant addresses, and about 70% of related transactions still need to be tracked.

According to a report released by Galaxy Digital Research called “NFT Licensing Survey: Fact and Fiction”, the vast majority of NFT holders will not own the IP of the assets they purchase.

Tether officially issued a statement stating that it has not received any instructions from relevant law enforcement agencies to freeze Tornado Cash sanctioned addresses related to OFAC, and will maintain the status quo and wait for instructions.

Bitcoinmagazine publishes an opinion editorial titled “How STARLINK is Changing Bitcoin Mining and Improving Decentralization,” written by former Coinspree CEO El Sultan, stating that 60% of Bitcoin traffic over the past five years has passed through just three ISPs (ISP), with a high degree of centralization.

SensorTower, a mobile application data analysis company, reported that during the first half of 2022, global metaverse applications have received 170 million downloads, of which game applications have been downloaded as high as 110 million, accounting for 67.3%.

Cross-chain interoperability protocol Nomad tweeted that it partnered with Metagame to create a revenue-earning white-hat hacker NFT to reward white-hat hackers who have paid them back.

Blockworks Research analyzed the reasons why BendDAO affected the decline in BAYC floor prices on social media, and pointed out that there may be problems with the cascading liquidation mechanism designed by BendDAO, that is, when the value of loan collateral declines and approaches the borrowed value, such as through liquidation The threshold will auction the collateral.

SudoRare shut down its website and social media accounts after stealing 519 ETH worth about $815,000 from consumers’ accounts.

Analyst Venturefounder tweeted that the actual price of Bitcoin is the value of all Bitcoins at the purchase price divided by the number of Bitcoins. This is the average cost basis to buy all Bitcoins. $21,700 is the actual price of Bitcoin right now.

Cryptographer David Chaum, the godfather of cryptocurrencies, said in an interview that it is great that Bitcoin has raised the profile of his vision to a level that those in power cannot ignore, and that is a game-changer.

According to Glassnode data, the current open interest of ethereum options has reached 6.6 billion US dollars, a record high, at the same time, Bitcoin options outstanding contracts are 4.8 billion US dollars.