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CryptoPunk Makes Waves Surpassing 1 Billion Transactions

CryptoPunks surpassed 1 billion lifetime transactions earlier today. The NFTs recorded $140 million in transactions over the last 24 hours. Also, CryptoPunks signed a Hollywood deal with UTA. CryptoPunks, the viral non-fungible token (NFT) sensation, is making waves, surpassing 1 billion lifetime transactions. According to Larva Labs, CryptoPunks recorded $140 million worth of transactions in the last 24 hours. Several factors have contributed to the spike in CryptoPunk interest. First, CryptoPunks are currently hot among Chinese investors. As a result, several leading Chinese tycoons have invested in the NFTs. In fact, some recent Chinese CryptoPunk buyers include Meitu founder Cai

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Bilaxy Exchange Hot Wallet Hacked
Bilaxy Exchange Hot Wallet Hack by Unknown Villains

Bilaxy, a Seychelles-based international cryptocurrency exchange, announced a hacking incident on its platform. In detail, the exchange states that unknown hackers penetrated its platform’s hot wallet. Indeed, this notice made by the exchange shock the crypto world, especially the investors inside the platform. On the other hand, the exchange also advised the crypto community to refrain from sending more funds to Bilaxy. As of writing time, the Bilaxy exchange website cannot be accessed. Furthermore, there is no clear statement about what type and how much crypto asset has been stolen by the hackers. However, the exchange says that they are

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RIZIN to Launch NFT Marketplace on IOST
Japanese MMA Organization RIZIN to Launch NFT Marketplace on IOST

Japanese mixed martial arts and fighting organization RIZIN has announced the launching of its NFT marketplace. The official website “RIZIN Fighting Collection” is already up. According to an announcement, the NFT collection will be formally released by the end of the year. The marketplace will be using the IOST blockchain as well. While NFTs have existed back in the early days of crypto, they have become the driving force behind the space this year. In fact, various artists and notable personalities started their crypto journey through NFTs. Moreover, NFTs contribute a sizable number of transactions and trades within the entire

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Cardano (ADA) Hits New ATH
Cardano (ADA) Hits New ATH, How Soon Will It Hit $5?

Cardano (ADA) just set a new ATH at $2.84.  Analysts believe that another new ATH will soon replace it.  Many reasons are factoring into this possibility Cardano (ADA) just set a new all-time high (ATH) of $2.84 only a few hours ago. Analysts believe that this new ATH will only hold its place for a short period of time. This is because it is very likely that the ADA price will continue to soar.  In fact, analysts believe that the price of Cardano (ADA) could not just surpass $3 but could even hit the $5 mark. Over the last month,

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Iran Resumes Crypto Mining in September
Bitcoin Regains $50K Foothold As Iran Resumes Crypto Mining in September

Iran will approve crypto mining in September. The lifting of the ban will only be for approved crypto mining firms. Meanwhile, Bitcoin price has reached $50,000 again. Bitcoin price is back at $50,000, amid recent news that Iran is undergoing preparations to approve crypto mining activities of authorized miners possibly in September. The announcement was made by Tavanir, the country’s foremost energy corporation.  Previously, the country banned crypto mining even for firms that have received approval from the government. According to the country’s leadership, this was due to power issues given the energy sucked by crypto mining farms for their

1 min read
$150 ADA Prediction Article Taken Down
$150 ADA Prediction Article Taken Down After Charles Hoskinson Calls “Pure Lies”

Charles Hoskinson denied having predicted the price of ADA by end of the year. CoinGape, which published an incorrect news, took down the article. ADA recently hit its ATH price of $2.64. Crypto insight provider CoinGape recently took down an article allegedly quoting Charles Hoskinson saying ADA price will hit $150 by the end of the year. According to Hoskinson, CoinGape has published “straight up lies”. Hoskinson denied having predicted the price of ADA. CoinGape responded, informing that they have taken down the article. They also said that they will improve their source verification moving forward. Meanwhile, another person commented

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46M Americans Hold Bitcoin
46M Americans Hold Bitcoin, BTC Offers Financial Freedom

Over 46 million Americans now hold Bitcoin.  This proves that most people are against banning Bitcoin.  CEO of MicroStrategy — Michael Saylor, believes that Bitcoin will bring financial freedom. The journey of Bitcoin (BTC) continues with much gusto. Twitter account — Documenting Bitcoin, continues to make records of its every milestone.  As of today, the latest one says that over 46 million Americans are holding BTC. In detail, Documenting Bitcoin tweets saying — Bitcoin is for everyone.  It goes on to highlight that 46 million Americans now hold BTC. This means that most individuals are now aware of the pioneer

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Axie Infinity Launches Dedicated Server for Esports
Axie Infinity Launches Dedicated Server for Esports

Axie Infinity has launched another server dedicated to esports. At least 31 tournaments have been approved, wherein 5,560 AXS have been committed. The first tournament will happen on August 21. Popular NFT game Axie Infinity announced that it has launched another server dedicated to esports. This server will cater to tournaments that will be held to ensure seamless connection and exclusive entry for participants. According to the announcement, at least 31 tournaments have already been approved by the Axie Infinity team. Moreover, they are keen to approve more tournaments before the end of the year. As tournament prize pool, the

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CoinDCX Now India’s First Crypto Unicorn
Crypto Exchange CoinDCX Now India’s First Crypto Unicorn

Crypto exchange CoinDCX is now India’s first crypto unicorn, valued at $1.1 billion. Coinbase Ventures, Block.one, and Polychain Capital joined the funding round. CoinDXC will use the funds to expand and enhance its communication channels. Indian cryptocurrency exchange CoinDCX has now become the first crypto-based unicorn in the country. Specifically, the exchange is now valued at least $1.1 billion. The recent milestone is due to a successful series-C funding round led by B Capital Group, an investment firm co-founded by Eduardo Saverin, who also happens to be the Co-Founder of Facebook. Other notable entities also joined the funding round, including

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Invested in Crypto in Early 2021
How Much Will Your $1K Be Worth If You Invested in Crypto in Early 2021?

Traders would have made significant profit if they invested in crypto in early 2021. Top gainers are Telcoin, Polygon, and Dogecoin. Meanwhile, Bitcoin and Ethereum are having a price correction. While the crypto market has not yet returned to full swing, a number of popular coins and tokens are beginning to show bullish signs. Most of these have been having an impressive 7-day run, especially XRP, which is at 54.1%, and ADA, currently sitting at 42.5%. As if these are not enough cause for celebration, Twitter user Jon Erlichman wrote a list of cryptocurrencies and other assets that would have

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Mark Cuban Picks DOGE
Elon Musk Not Dogecoin’s Only Fan, Mark Cuban Picks DOGE

Elon Musk and Mark Cuban agree over the power of Dogecoin.  Both believe that DOGE is an excellent option for payment transactions.  The DOGE community is what makes the crypto special. The ultimate Dogecoin (DOGE) fan — Elon Musk, meets another firm believer — Mark Cuban. The two titans of their industries have agreed on the fact that DOGE is the ‘strongest’ crypto for transacting payments.  For a long time, Elon Musk has been quite vocal about his love for the community-driven meme crypto. For instance, his tweets go from trashing Bitcoin to elevating Dogecoin. One tweet even said ‘DOGE

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CryptoPunks Rock NFT Sells for 33 ETH
CryptoPunks Rock NFT Sells for 33 ETH Worth $103,000

An NFT of a rock, EtherRock #33, sold for 33ETH or $103,000 recently.  The rock NFT is part of the CryptoPunks collection launched in 2017. Also, the rock NFT is proof that the NFT boom is far from over. The non-fungible token (NFT) boom is far from over. In fact, earlier this week EtherRock #33, a JPEG of a grey rock, sold for 33 ETH equivalent to about $103,000. To clarify, at the time of writing ETH is trading at $3,149.75 up 20% in the last week. The exorbitantly priced rock NFT is part of the CryptoPunks rock NFT series

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