Skip to content

Tengruipharm

Just another WordPress site

  • npressfetimg-40746.png
    Aussie Haircare Revamps Packaging to Showcase Hairstyling … – happi.com Haircare
  • npressfetimg-50898.png
    Dr. Colleen Hanlon Provides Tips on How to Quit Smoking in 2023 – DocWire News Quit smoking
  • npressfetimg-36479.png
    Tips on how to maintain a healthy lifestyle while sticking to your budget – CTV News Atlantic Budget lifestyle
  • npressfetimg-16070.png
    Snowflakes, candy canes top designs for festive fingernails – Toledo Blade Nail stylist
  • npressfetimg-8968.png
    So you decided to stop drinking? I did – and these are my year’s lessons – The Guardian Stop drinking
  • npressfetimg-24296.png
    Miami is the least affordable housing market in the U.S.—see which other cities made the list – CNBC Housing market
  • npressfetimg-42167.png
    Projects and Self-Development Go Hand in Hand – ATD Self-development
  • npressfetimg-2760.png
    Housing market predictions: Six experts weigh in on the real estate outlook in 2023 – USA TODAY Housing market
npressfetimg-240.png

From bitcoin volatility to multimillion-dollar hacks: 7 crypto updates you should know – CNBC

Posted on December 12, 2021 By Cryptocurrency No Comments on From bitcoin volatility to multimillion-dollar hacks: 7 crypto updates you should know – CNBC

The overall cryptocurrency market took a hit over the weekend.

Bitcoin, the largest cryptocurrency by market value, plunged to a low near $43,000 on Saturday night. Its price has since bounced back and is currently trading at around $49,149, according to Coin Metrics.

On Saturday, ether, the second-largest cryptocurrency, also fell to around $3,500. Ether is currently trading at around $4,179.

Along with the volatility this weekend, here are seven things that happened in crypto this past week.

1. Metaverse land sales top $100 million in a week

Virtual real estate has increasingly become a hot commodity.

Sales of NFTs, or nonfungible tokens, representing metaverse land surpassed $100 million in the last week alone, crypto analytics firm DappRadar reported on Tuesday.

The Sandbox, an Ethereum-based metaverse and game where users can buy land and in-game assets as NFTs, had more than $86 million in trading volume. Decentraland, an Ethereum-powered virtual reality platform, had more than $15 million traded for land NFTs.

“Outputting record sales numbers and constantly increasing NFT prices, virtual worlds are the new top commodity in the crypto space,” DappRadar wrote in a blog post.

2. Jack Dorsey’s Square changes corporate name to Block

On Wednesday, Jack Dorsey’s payments company Square announced it is renaming itself Block, effective Dec. 10.

Block “has many associated meanings for the company — building blocks, neighborhood blocks and their local businesses, communities coming together at block parties full of music, a blockchain, a section of code, and obstacles to overcome,” Block said in a statement.

Square Crypto, a separate part of the company “dedicated to advancing bitcoin,” will change its name to Spiral.

“We built the Square brand for our seller business, which is where it belongs,” Dorsey, co-founder and CEO, said in a statement. “Block is a new name, but our purpose of economic empowerment remains the same. No matter how we grow or change, we will continue to build tools to help increase access to the economy.”

The rebranding came after Dorsey announced his departure as CEO of Twitter. Chief Technology Officer Parag Agrawal is taking over the role, the company said on Monday.

3. Facebook retreats from crypto ad ban

4. DeFi project BadgerDAO hacked, losing about $120 million

On Wednesday night, BadgerDAO, a decentralized autonomous organization focused on bridging bitcoin with decentralized finance applications, was reportedly hacked, losing about $120 million, according to blockchain security and data analytics firm Peckshield.

An investigation to determine what happened is still ongoing.

In the meantime, BadgerDAO froze all smart contracts, which are digital agreements written in code and stored on the blockchain. In turn, users remain unable to deposit, claim rewards or withdraw funds from the BadgerDAO application, according to its …….

Source: https://www.cnbc.com/2021/12/06/crypto-news-bitcoin-volatility-196m-bitmart-hack-new-opensea-cfo.html

Cryptocurrency Tags:RSS Feeds

Post navigation

Previous Post: GameStop, Pfizer, Stitch Fix, SentinelOne: What to Watch in the Stock Market Today – The Wall Street Journal
Next Post: Why This Cryptocurrency Soared Nearly 30% Today With the Overall Crypto Market Down – The Motley Fool

Related Posts

  • npressfetimg-12505.png
    German regulator warns of new banking and crypto malware ‘Godfather’ – Cointelegraph Cryptocurrency
  • npressfetimg-26668.png
    Dollar dominance: Russia, Iran eye gold-backed stablecoin for foreign trade – Markets Insider Cryptocurrency
  • npressfetimg-27061.png
    DoJ crypto announcement – live: ‘Major’ move expected as press release teases new cryptocurrency action – The Independent Cryptocurrency
  • npressfetimg-24294.png
    Bahamas authorities seized $3.5 billion in FTX assets – Axios Cryptocurrency
  • npressfetimg-34333.png
    Crypto Lender Nexo Is Fined $45 Million – The New York Times Cryptocurrency
  • npressfetimg-1300.png
    My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud – Reuters Cryptocurrency

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Archives

  • February 2023
  • January 2023
  • December 2022
  • January 2022
  • December 2021

Categories

  • Advertise online
  • Affiliate Marketing
  • Bad habits
  • Budget lifestyle
  • Celebrities
  • Content marketing
  • Cryptocurrency
  • E-commerce
  • Fashion clothing
  • Financial independence
  • Graphic design
  • Haircare
  • Healthy habits
  • Housing market
  • Investments
  • Makeup
  • Motivation
  • Nail stylist
  • Passive income
  • Personal finances
  • Personal style
  • Quit smoking
  • Retire
  • Self-development
  • Stock market
  • Stop drinking
  • Tattoos
  • Time management
  • Watches
  • Youtube Marketing

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Recent Posts

  • 4 side hustles for Gen Z that can bring in hundreds or even thousands of dollars a month – CNBC
  • Earn Passive Income With This Side Hustle That’s Perfect for Introverts – Yahoo Finance
  • Extreme Saving Method Speeds Up Early Retirement Option – AARP
  • Demystifying the Concept of Financial Independence Through Free Education – Daily Scanner
  • Americans prefer to cling to cash after shaken by stock market volatility – Yahoo Finance

Recent Comments

    • npressfetimg-10226.png
      I am 60 and plan to retire in March. I have $113K in my 401(k) and no other savings, but I will get an early retirement package of 9 months salary. Should I get a pro to help me? – MarketWatch Retire
    • npressfetimg-27011.png
      Good Day LA’s Tony McEwing announces retirement – FOX 11 Los Angeles Retire
    • npressfetimg-9316.png
      Sponsored articles on BusinessTech – The best way to advertise online – BusinessTech Advertise online
    • npressfetimg-16522.png
      How Can I Make a Good Poster for Free? – Native News Online Advertise online
    • npressfetimg-671.png
      How Year-End Money Advice Has Changed With COVID-19 – GOBankingRates Personal finances
    • npressfetimg-4250.png
      Hodinkee’s Tool Watch of the Year – The Tudor Pelagos 39 – HODINKEE Watches
    • npressfetimg-40023.png
      The Most Common Money Mistakes – The Everygirl Personal finances
    • 8 Tips for Quitting Alcohol That Actually Work – CNET Stop drinking

    Copyright © 2023 Tengruipharm.

    Powered by PressBook News WordPress theme