Author: CryptoHoppers
The Aptos Foundation has recently introduced a proposal to deploy Aave V3 on the Aptos blockchain. This move is part of Aave’s open governance process and could mark a major milestone for both platforms. Aave Labs has already taken concrete steps towards this goal. They’ve developed integration code and successfully deployed it on the Aptos testnet, laying the groundwork for a potential mainnet launch. Aptos Foundation has introduced a proposal to deploy Aave V3 on Aptos Mainnet as part of Aave’s open governance process. Aave Labs has built integration code and deployed it onto the Aptos testnet. If approved, this…
Key Takeaways Grayscale’s Bitcoin Mini Trust continued its strong performance on Thursday, attracting an additional $191 million in inflows. The Grayscale Bitcoin ETF has suffered over $19 billion in losses post-ETF conversion. Share this article Grayscale’s Bitcoin Mini Trust got off to a strong start after pulling in $191 million on Thursday, its second day of trading, data from Farside Investors shows. The surge marks a 960% uptick from its initial day’s $18 million.The fund, operating under the BTC ticker, comes as part of Grayscale Investments’ ongoing efforts to attract investors with a low-cost option for gaining exposure to Bitcoin.…
RTFKT, the innovative creator-led company renowned for its next-gen sneakers and metaverse collectibles, has officially unveiled its eagerly awaited collection, Project Animus. This project marks a significant milestone in RTFKT’s journey, introducing a new dimension to their digital universe after a long development period. However, the initial market response has been underwhelming, with the revealed Animi trading at a floor price of 0.05 ETH, significantly lower than the 0.09 ETH floor price of the eggs. The Genesis of Project Animus Initially introduced in October 2022, Project Animus features a unique ecosystem of digital creatures called Animi. These Animi are designed…
Cleanspark Inc. has completed the acquisition of its first bitcoin (BTC) mining site in Wyoming and secured 75 megawatts (MW) of power contracts. The Las Vegas-based company plans to add over 2 exahash per second (EH/s) to its mining capacity through a 30 MW immersion-cooled data center expected to be operational by the end of […] Source link
The BNB Smart Chain (BSC) experienced a mixed performance in the second quarter (Q2) of the year as the broader cryptocurrency market cooled off after a strong price surge in March. While BNB, the native token of the BSC, remained mostly flat, down 5% quarter-over-quarter (QoQ), the network’s key metrics showed both positive and negative trends. Binance Smart Chain Revenue Plunges According to a recent report by market intelligence platform Messari, the chain’s revenue, which measures the total fees collected by the network, fell 28% QoQ to $48.1 million during Q2, although it was only down 8% year-over-year from $52.4…
Decentralized finance protocol Aave is seeing a significant spike in whale activity as the market looks to bounce from the recent dump that pushed most altcoins to key support areas earlier this week. On July 31, Lookonchain shared details indicating whales had aggressively accumulated Aave (AAVE) over the past two days. According to the data, whales withdrew over 58,848 AAVE worth $6.47 million from exchanges during this period. In one instance, the whale address 0x9af4 withdrew 11,185 AAVE worth $1.23 million from Binance. Meanwhile, another address moved 21,619 AAVE worth over $2.38 million from the exchange and deposited the tokens…
Key Takeaways Grayscale’s Ethereum ETF lost nearly $2 billion in outflows since its ETF conversion. Ethereum Mini Trust’s lower fees have attracted over $200 million in inflows. Share this article Investors have yanked almost $2 billion from Grayscale’s Ethereum exchange-traded fund (ETF) since it was converted from a trust, data from Farside Investors reveals. The fund, operating under the ETHE ticker, saw its market value plummet to $6.7 billion amid Ether’s price decline.Grayscale’s ETHE shed $133 million on Wednesday, a significant loss but not its worst day on record. The fund saw its largest outflow on its ETF debut day,…
SuperRare and Colonna Contemporary have partnered to present “The Elephant” by Amit Sharma, a captivating collection that marries real photographs with Generative AI. This innovative series investigates the psychological phenomena associated with False Memory, delving into how we perceive and remember the world around us. The Concept of “The Elephant” Amit Sharma’s “The Elephant” is an artistic exploration of the intricate play between perception and belief. By augmenting real photographs with Generative AI, Sharma invites viewers to question their understanding of reality. This series is divided into three thematic movements: residual memory, source confusion, and half-truth, each reflecting different aspects…
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes this move will establish credibility for the currency and demonstrate national support for it. Senator Hagerty Discusses Trump’s Bitcoin Strategy U.S. Senator […] Source link
Are you ready to cut ties with your Best Buy credit card? Before diving into the specifics of cancellation, let’s acknowledge that this decision often comes with both financial and logistical considerations. Perhaps you’ve been shouldering annual fees, grappling with a less-than-ideal credit limit, or simply want to streamline your financial profile. Whatever your reasons, you should make sure to approach the cancellation process with care to avoid any potential setbacks. Let’s explore the steps to cancel your Best Buy credit card effectively and weigh the benefits and drawbacks that come with this choice. Key highlights: Prepare necessary account details…