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come every saturday Hodler’s Digest helps you keep track of all the important news stories that happened this week. Check out his week on Cointelegraph, including the best (and worst) quotes, adoption and regulation highlights, major coins, and predictions, in one link.
According to a report by crypto analytics firm Messari on Tuesday, the crypto sector has raised $30.3 billion this year, already surpassing the entire 2021 total of $30.2 billion. This figure was achieved through 1,199 funding rounds in the first half of the year, with more than a third of his capital, or $10.3 billion, directed towards the centralized financial sector. Notably, the NFT Gaming sector has raised more than his $4 billion of decentralized finance overall. By comparison, DeFi was able to raise just $1.8 billion.
Bitcoin maxi Michael Saylor is set to step down as CEO of MicroStrategy on August 8th. President Phong Le takes over as CEO and Saylor assumes new role as Executive Chairman. We believe that splitting the roles of Chairman and CEO will allow us to better pursue two corporate strategies: acquiring and owning Bitcoin and growing our enterprise analytics software business.
Ethereum co-founder Vitalik Buterin believes the Metaverse platform, derived from Mark Zuckerberg’s Meta, will “misfire.” Buterin pointed to the meta, but his comments focused broadly on the sector as a whole, saying, “The definition of the ‘metaverse’ is still not well defined. Knowing what people actually want is It’s too early.
Collapsed cryptocurrency lending firm Voyager Digital has been cleared by a New York judge to return $270 million worth of client funds. The company also said it had received several “higher and better” takeover offers than Sam Bankman-Fried’s Alameda Research submitted in his July.
Instagram has NFT support in 100 countries across Africa, Asia Pacific, Middle East and the Americas. As part of this move, users can integrate her Coinbase or Dapper Labs wallets and post her NFTs based on Ethereum, Polygon, or Flow. The move sent the price of Flow blockchain’s native token, FLOW, skyrocketing on Thursday. Pumping 54% It reaches the intraday high of $2.83.
Bitcoin for the weekend (Bitcoin) is $23,276.79,ether (ethereum) and $1,708.47 When XRP and $0.37The total market capitalization is $1.09 trillion, according to Go to Coin Market Cap.
Among the 100 biggest cryptocurrencies, this week’s top 3 altcoin risers are Flow (flow) 44.86%, Filecoin (FIL) 37.69% and optimism (OP) at 25.60%.
This Week’s Top 3 Altcoin Losers Are Qtum (QTUM) 16.41%, Bitcoin Gold (BTG) 14.30% and Bitcoin Cash (BCH) 9.63%.
For more information on crypto prices, be sure to read Cointelegraph’s market analysis.
“Most people think the Metaverse is a virtual place similar to Ready Player One in the movies. They’re wrong. The Metaverse is not a place. It’s an instant.”
Evan Luthra, Forbes 30 Under 30 Entrepreneur
We saw decentralized markets, decentralized lending models and DeFi in general not collapse. There was no contagion there. did.”
Jonathon Miller, Managing Director, Kraken Australia
“The definition of the ‘metaverse’ is still murky. It’s too early to know what people actually want. So anything Facebook creates now will fail.”
Ethereum co-founder Vitalik Buterin
“I want to encourage people to have some faith in the future and to make decisions that make delayed gratification morally commendable and wise. Inflation hurts those people.”
Jordan Petersonclinical psychologist
Regardless of how those funds are stored, whether they are locked in a smart contract or stored in a centralized custodian, that storage point will be the target.
Chainalysis, Blockchain Analysis Company
Of the billions of people on the planet and the large number of institutional investors, many are not interested in the technical means, workflows, or holding their own private keys.
Will Peck, Head of Digital Assets, WisdomTree
Technavio, a technology research and advisory firm, released a report on Metaverse market finance that estimates the market share of the sector to be $50.37 billion by 2026. Growth in 2022 he is projected to reach 20.11%, so so far it doesn’t look too far off.
According to a report by blockchain analytics firm Chainalysis, cross-chain bridge hacks have resulted in $2 billion in losses across 13 different attacks so far in 2022. Chainalysis suggests that bridges are often targeted by hackers because they have a central custody point for funds backing the bridged assets on the receiving blockchain that are targeted by hackers. .
Solana users were asked to abandon hot wallets and move funds to cold storage following a critical exploit this week that siphoned an estimated $8 million from nearly 8,000 compromised wallets. The hack was reportedly carried out via a security breach in the network of Web3 wallet provider Slope, which also affected Phantom wallet users.
Halborn, a blockchain security firm, sent out a warning on Thursday about a new phishing campaign targeting MetaMask wallet users. Active phishing campaigns use realistic-looking emails branded with MetaMask to entice users to comply with Know Your Customer (KYC) regulations and verify their wallets, essentially tricking users into giving up their passphrases. let me provide.
Many blockchain companies now see regulation as inevitable, but where to draw the line between protecting users and keeping lifelines out of the industry or forced out of the United States? There is a growing debate about
The film industry is one of the most centralized and traditional industries. A handful of movie studios and streaming conglomerates hold the largest share of the global movie market.
A new amendment recently signed by the country’s president could boost energy grid renovations while keeping overall prices relatively modest.
