TOP FOOTBALLER LAUNCHES HIS CAREER HIGHLIGHT’S NFT COLLECTION

August 24, 2021

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TL:DR

Happy Tuesday, everyone! It’s time for our weekly newsletter. As always, we will be telling you about some of the news stories that made headlines last week and giving you a sneak peek at some of the upcoming events that we think are worth your time.

If you’re not clear about who we are and what our mission is, here is a simple summary: We’re a community of crypto enthusiasts who share our knowledge and insight on the crypto market and trends to help each other make better investment decisions. If you like what we do then please don’t forget to forward this newsletter to your friends.

Here is the top crypto-news from last week.

MARKETS

▲ Bitcoin

$48,268.62

+63.88%

▲ Ethereum

$3,212.63

+338.03%

▲ Cardano

$2.78

+1477.77%

▲ Solana

$71.48

+3775.67%

▲ Binance Coin

$483.36

+1169.30%

*Cryptocurrency data as of Monday at 7:45pm PST. YTD% Average

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Weekly Review

Last week’s market perfomance

Bitcoin is winning the race, perhaps which seems to be truer from the trends we observed this week. Since May, this is the first time Bitcoin crossed $48,000 and it only seems to be going upwards. Another coin that made news this week is none other than Cardano ADA which was $1.36 at the start of this month and now $2.6. Crazy, right?

Security

Hacker’s steal $97 million from a Japan crypto exchange

Liquid, which is a Tokyo-based cryptocurrency exchange unfortunately became another victim of the rising hacks that seem to be targeting crypto exchanges. This is another major breach that occurred just within a week’s gap of the previous one. Out of the stolen funds, $45 million worth of funds were in Ethereum tokens while the remaining were in different altcoins. Japanese authorities are examining the heist however it’s early too say how much will be recovered.

TRIVIA

When you do a transaction on the Ethereum blockchain, you are basically asking a miner to go out and receive crypto for you. What is the fee you pay the miner called?

A. Transaction Price B. Miner Fee C. Gas Fee D. Crypto Fee

Answer Below.

Finance

BlackRock has almost $400 million invested in Bitcoin Mining stocks

This week we observed some more great news surrounding Bitcoin. BlackRock which is the world’s largest asset manager has about $400 million invested in different Bitcoin mining firms that stretch all across the US. The news was made public by the US Securities and Exchange Commission’s filings. Mining is a very important part of keeping Bitcoin operational and this is indeed great news.

Technology

Binance tightens money-laundering checks as pressure mounts

Breaking the news on Wednesday, Binance hires one of the top former US treasury criminal investigator as its global money laundering officer, thus pointing towards increased policies and measures to curb illicit activities. In the past few weeks, we observed UK and US both putting immense pressure on Binance to ensure its platform is not used by the “wrong hands”. In its first move, it has tightened background checks on its users with immediate effect.

Technology

Crypto is now driving half of Robinhood’s revenues

As it seems, users of Robinhood are loving cryptocurrencies as Robinhood released its report last week which showed a major chunk about 52% of its revenue comes from crypto trading. As stated by its CFP “Robinhood is now clearly on the map of crypto trading” which of course seems to be true.

Coin Market Calendar

Date	Project	Website
08/27	Wanaka	$WANA
08/27	Marnotaur	$MAR
08/27	Paribus	$PBX
08/30	Kaby Arena	$KABY
08/30	Acala Network	$ACA
09/03	Flurry	$FLY
09/06	Bit2Me	$B2M
09/07	Moonbeam	$GLMR
09/10	Vent Finance	$VENT
09/13	Gelato	$GEL

Connect to our shareable calendar here.

Sports

Top NBA Pick paid in Bitcoin for BlockFi sponsorship deal

Cade Cunningham, who is one of the top NBA drafts signed a sponsorship deal with a famous crypto firm known as BlockFi, and guess how the company decided to pay the signing bonus? Yes, in Bitcoins. BlockFi said it will keep on doing the same with its upcoming sponsors. Cunningham on the other hand said he simply loved being paid in the “future of the money”.

NFT News

Top footballer launches his career highlight’s NFT collection

A lot of fans were taken by shock and surprise when their 32-year-old top Footballer left Barcelona Football Club which was the reason for his success. Although Messi has joined another football club he’s also making an appearance on NFTs. Known as “Messiverse” he’s all up to celebrate some of his career’s highlights on the NFT led crypto asset.

Closing

Marvel also launches its first-ever Digital comic book as NFT

After launching Spiderman’s NFT collection, Marvel is all set to launch the first-ever digital comic book which will be celebrating “Marvel Month”. There is much to be announced by Marvel about this project but the fans seem to be already geared up about it.

TRIVIA ANSWER

C. Gas Fee

Gas fees are payments made by users to compensate for the computing energy required to process and validate transactions on the Ethereum blockchain. A higher gas limit means that you must do more work to execute a transaction using ETH or a smart contract.