What Happened To Crypto And NFT In A Week

At the time of the rapid development of cryptocurrencies, it can be challenging to track and structure the events that have occurred recently. Today, the NFT Politan team will dedicate you to the latest NFT news.

News from the world of cryptocurrencies

1. Bitcoin rose amid falling US inflation.

After the data on the slowdown in inflation to 8.5%, the bitcoin price increased by 5.93% ($ 1,380.89), pulling Ethereum along with it (+17.13% – the equivalent of $292.46).

 Total value at the time of publication of the article: BTC is worth $24,673.00, ETH is $1,999.32.

2. Arrest of developer Tornado Cash

On Friday, August 12, one of the developers of the service, Alexey Pertsev, was arrested.

The Dutch Tax Information and Investigation Service believe that Aleksey is the beneficiary of laundering activities through Tornado Cash. At the moment, Alexey is consulting with lawyers, and some representatives of the crypto community are in support of the developer.

Tornado Cash is a service that allows you to hide transactions in the blockchain system.

3. Ethereum final preparations before going to proof-of-stake

You and I know how long Ethereum has been trying to go to the proof-of-stake algorithm (staking). However, the third and final merger of the Beacon chain is now taking place on testnet (Ethereum’s test environment). 

After successful testing, the transition to PoS should be expected next month.

4. Sunstroke by the Solana Ecosystem

Over the past 7 days, the SOL token has shown an increase of 16.48%. 

More prominent cryptocurrencies have given the main impetus: the rise in BTC since August 8th has affected many cryptocurrencies.

It is worth noting that SOL itself has all the ability to shoot.

5. The wolf is fed by mindfulness

A crypto enthusiast shared how he earned $80,000 in 24 hours by investing only $1,000.

It’s all about tracking the markets. Noticing that Coinbase received a large investment, the trader suggested that such a significant investment would affect Coinbase shares. 

After analyzing the situation, the enthusiast invested $1,000 in stocks. As a result, the assumptions came true, and the purchased shares began to cost $80,000. 

News from the NFT world

1. “Quartering Cryptopunk”

Representatives of the NFT-infrastructure Unique Network decided to hold an auction of dividing the Cryptopunk #3042 token into 56 thousand parts, distributing it among the users participating in the action. 

The idea of ​​the service developers is based on the fact that each user can own an expensive NFT token.

2. Building NFTs for the masses

Startup Fair.xyz offers a service that allows you to replace the development team.

Already, the creators have managed to attract millions of dollars. The NFT giant Opensea was also among the investors, allocating $4.5 million for the development of the startup.

3. Samsung web3 integration

The NFT sphere is increasingly interested in global corporations. The company is working on creating digital products and integrating them into the physical world. At the moment, holders of New Galaxy tokens can experience all the delights of ownership: Receiving certificates for purchasing new devices, drawing Galaxy Store gift certificates, and other benefits available only to holders.

4. Dubai Integrates Blockchain into Passport Issuance System

The Dubai Police is developing a function to issue a certificate of lost passport.

Innovations are directly related to the gradual integration of blockchain into the lives of citizens. 

The service of obtaining a certificate of loss of a passport is available not only to citizens but also to residents of the country and citizens of the Persian Gulf countries. Another step into the future from Dubai authorities

5. Tracking stolen NFTs

Worldwide NFT Heists, a project from Comparitech, allows you to track the theft of tokens and monitor the top NFT thefts – the developers have integrated a rating system into their resources.

Dear friends! Stay with us for the latest news.

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