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October 3, 2024
A trader sold NFT for 0.75 ETH instead of 75 ETH by mistake
Hello everyone, this is our weekly crypto digest. Here you’ll find everything from a weekly market summary and top news to the hottest new listings on exchanges, and even memes to cheer you up. To get these updates as soon as we post them, follow us on Twitter.
Weekly Market Summary
Tesla will allow people to buy some of its branded products using DOGE. “Tesla will make some merch buyable with Doge & see how it goes” tweeted Tesla CEO Elon Musk. DOGE rose 25% on the back of this news.
A technical glitch on the leading crypto aggregator, CoinMarketCap, sent the value of crypto assets flying for a while.
The BTC rate updated its ATH and reached $853 billion, ETH was able to take first place in market cap and has risen in price by 1.25 billion% per day. Bitcoin dominance dropped up to 8%.
Coinmarketcap on its Twitter decided to ask users:
“How did it feel to be a trillionaire for a couple hours? 😂”
Quick weekly news:
- DOGE is better than BTC for payments, Elon Musk declares
- Solana Ventures Looks to Boost Web 3 Gaming With Launch of $150M Fund
- Avalanche Adds USDC Stablecoin in Continued DeFi Push
- Binance partners with the Indonesian telco to develop a new crypto exchange
Other notable events include:
- Nike enters the metaverse game
- A trader sold NFT for 0.75 ETH instead of 75 ETH by mistake
Nike enters the metaverse game
Nike announced the acquisition of RTFKT, a company that makes digital sneakers, the latest sign that the sportswear giant sees enormous financial potential in the new immersive reality known as the metaverse.
According to Nike, acquiring RTFKT will help the company to “deliver next-generation collectibles that merge culture and gaming.”
Nike’s president and CEO, John Donahoe, believes that the move helps accelerate the company’s digital transformation efforts:
“Our plan is to invest in the RTFKT brand, serve and grow their innovative and creative community and extend Nike’s digital footprint and capabilities.”
A trader sold NFT for 0.75 ETH instead of 75 ETH by mistake
The Bored Ape Yacht Club is a collection of 10,000 pieces of digital NFT art living on the ETH blockchain. On Saturday, the owner of such a piece of art sold his NFT for a fraction of what it was worth by mistake.
Max, who goes by the Twitter handle @maxnaut, said the mistake happened after “a lapse of concentration” when he accidentally listed the NFT for 0.75 ETH ($2,844) instead of 75 ETH ($284,495). “I instantly saw the error as my finger clicked the mouse but a bot sent a transaction with over 8 ETH ($34,000) of gas fees so it was instantly sniped before I could click cancel, and just like that, $250k was gone,” he said.
- Spot trading: At the spot trading front, Ethereum (ETH) and Bitcoin (BTC) have become top dogs. Polygon (MATIC) is following these two head to head with Avalanche (AVAX) and Theta Network (THETA) taking fourth and fifth places.
- Derivatives: Ethereum (ETH) and Bitcoin (BTC) have become the most traded currencies as to trading derivatives. Solana (SOL) is following these two head to head with Raydium (RAY) and SafePal (SFP) taking fourth and fifth places.
New Listings on KuCoin:
- Credefi (CREDI/USDT)
- Lovelace World (LACE/ETH LACE/USDT)
- Arker (ARKER/USDT)
- eCash (XEC/USDT)
- Heart Number (HEART/BTC HEART/USDT)
New Listings on Binance:
- BICONOMY (BICO/USDT BICO/BUSD BICO/BTC)
- Flux (FLUX/USDT FLUX/BUSD FLUX/BTC)
- Voxel X Network (VOXEL/USDT VOXEL/BUSD VOXEL/BNB VOXEL/BTC)
New Listings on Kraken:
- GameFi (GAFI/USDT)
By the way, our PRO plan includes new Exchange Listing alerts for more than 30 exchanges in our app. Become a PRO and receive an instant notification when a new coin is listed on the exchanges you’re interested in.
SHIBGF (Shiba Girlfriend) is a meme token with real utility that aims to help female entrepreneurs create truly industry-changing dApps on the blockchain by both funding and implementing their concept. SHIBGF also seeks to support programs that support female programmers and developers, as well as to grow movements that help these women succeed both in crypto and beyond.
DYOR
BUSD is a 1:1 USD-backed stable coin launched by Binance exchange (in collaboration with Paxos), which has been approved and regulated by the New York State Department of Financial Services (NYDFS). The BUSD Monthly Audit Report is available on the district’s website. Launched on 5 Sep 2019, BUSD aims to meld the stability of the dollar with blockchain technology. It’s a digital ERC-20 fiat currency and supports BEP-2 technical standard.
Recent announcements:
We have prepared top-performing coins as of December 16th for you!
Kadena has managed to become the best performing asset among TOP-100, gaining 21.15% within the last 24 hours.
NEAR Protocol was the worst-performing asset among TOP-100, losing 5.93% within the last 24 hours.
To get up-to-date reports on gainers and losers during the week, follow us on Twitter.
Top cryptomeme of the week
We hope this digest was useful and informative for you! If you want to be the first one to receive new crypto insights and stay up-to-date with the market, follow us on Twitter or Telegram. Become a better trader with the Good Crypto app!
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December 16, 2021
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