Crypto News Weekly Digest 12.07.24
Back
2024-07-12
The global network of Bitcoin ATMs has decreased by 334 devices in 40 days.
The situation in the cryptocurrency market remains quite difficult. In parallel with the significant decrease in the value of the main digital coin, over the past 40 days, the global network of Bitcoin ATMs has decreased by 334 devices. Last month, 107 ATMs were out of order. This completed a series of monthly device growth that lasted 10 months. Over the past 5 days, another 227 ATMs have left the global network.
Notcoin soared by 44% in a day and returned to $0.015.
On Sunday, July 7, Notcoin (NOT) quotes returned to above $0.015. Over the past 24 hours, the gaming token has risen in price by 44%, according to CoinGecko.
On May 16, NOT was listed on the largest cryptocurrency exchanges. After the start of trading, the token price reached $0.012 and began to decline. On May 28, NOT recover to $0.009, and on May 30, it returned to $0.012.
In early June, Telegram founder Pavel Durov said that the 1 billion NOT donated to him had quadrupled in price, from $6 million to $24 million.
Let us remind you that on June 9, the Notcoin team announced the growth of the project’s user base to 40 million people. At the same time, the developers announced their intention to abandon the idea of a clicker to create a more stable model.
Celo launches Dango Layer 2 testnet.
Celo (CELO), a Layer 1 mobile blockchain, has launched the Dango Layer 2 testnet as the first major step in its plan to join the Ethereum (ETH) ecosystem.
EVM-compliant Celo voted last July to convert its Layer 1 network to a Layer 2 Ethereum chain. After eight months of evaluation, the Celo community decided to build a Layer 2 network using the Optimism (OP) Stack, joining the so-called “Superchain” ecosystem—optimism along with Base, Zora, Mode, and other Layer 2 Ethereum networks.
Open Campus is hosting a $1 million hackathon to develop decentralized applications on EDU Chain.
Decentralized education protocol Open Campus has announced a $1 million hackathon to promote the development of decentralized applications (dApps) on EDU Chain.
According to a Worldmetrics report, the global education blockchain market is expected to reach $1.34 billion by 2023. According to the report, 59% of higher education institutions have adopted or are considering blockchain technology.
Open Campus' Codex hackathon series aims to support dApp development in the sector using EDU Chain. The mainnet launch is expected later this year.
“EDU Chain, the first decentralized blockchain for education created by Open Campus, is designed to drive the democratization of education and empower all participants to contribute to the decentralized future of education,” an Open Campus spokesperson told crypto.news.
According to published press releases, the hackathon is scheduled to begin on July 8, 2024. The event is supported by renowned companies such as Animoca Brands, TinyTap, and ForbesWeb3.
Ronaldinho joined Messi in promoting Solana's WATER coin, sparking a 38.8% rise.
Ronaldinho Gaucho, a retired professional footballer, has joined with famous professional forward Lionel Messi to promote the Water Coin ($WATER) meme coin project based on Solana (SOL). On Tuesday, July 9, Messi posted a photo of the WATER project on Instagram, causing increased speculation among meme coin traders.
Even though the meme stock has fallen more than 22 percent in the past 24 hours, support from Messi and Ronaldinho is expected to attract even more investors. In addition, the developers of the WATER token have locked up more than $23 thousand of SOL units worth about $3.2 million to ensure liquidity.
Currently, the WATER project has more than 10 thousand token holders and more than 33 thousand transactions. The altcoin's fully diluted valuation was around $65 million, with an average daily trading volume of around $51 million.
The second Hamster Kombat airdrop will be launched in the next 2 years.
In an interview with The Block, the founder of the environmental blockchain game Ton Hamster Kombat said that the second season and second broadcast will take place within the next two years.
Second Hamster Kombat landing and plans for the future
The creators of Hamster Kombat, quite confident in the future of the game, have already planned a second airdrop. “The game will continue and there will be a second season with a second hand in the next two years,” they said. The founders believe that this token has great value and that it will be owned by millions of users around the world.
Like its Telegram-based counterparts Notcoin and Catizen, Hamster Kombat runs on the TON blockchain. Toncoin, the blockchain's native token, has become the eighth-largest token in the world by market capitalization, which currently stands at over $18 billion, according to CoinMarketcap.
Valora launches the Web3 Mobile Stack launcher for iOS and Android.
Peer-to-peer payments company Valora recently launched Mobile Stack, a decentralized, permissionless, and open launchpad for Web3 DApps on mobile devices.
According to Valora, in a press release published by Cointelegraph, “Only 8 of the top 100 Web3 apps on DApp Radar have a native mobile version.” The company hopes to change this by providing developers in the Web3 community with a simple, intuitive platform for deploying user-friendly, mobile-first decentralized applications.
NFT sales increased by 8% amid a general decline in the cryptocurrency market.
Sales of non-fungible tokens (NFTs) rose last week despite significant declines in the broader cryptocurrency market. There were approximately $109 million in NFT sales, up 8.1% from the previous week.
NFT transactions surge 45.57% as weekly sales hit $109M
NFT sales have rebounded over the past seven days, rising 8.1% to reach $109 million. The most expensive NFT of the week, Cryptopunk #2, sold for $386,916 yesterday. Solana's Boogle #089 brought in $191,517 five days ago, while Arbitrum's GUSDC Locked Deposit #201 sold for $90,744 two days ago. Ethereum dominated sales of blockchain-based NFTs, raking in $36.48 million in a week.