CRYPTO DIGEST

🗓 Friday — Saturday

4.03.22–5.03.22

📌 How much has the cryptocurrency market lost in 24 hours

The market capitalization of the cryptoindustry fell by almost in 24 hours. Bitcoin also lost 4% in price, from $44,000 to $41,000. The price of ether is down 5%, while its price jumped to $3,000 on Thursday afternoon. Today, ETH is trading around $2,700.

📌 Major U.S. miner more than doubles capacity

Mawson, an Australian company in Sandersville, Georgia, announced that it is expanding its corporate mining capacity to 7.5 Eh/s, corresponding to the introduction of 150 mW of equipment.

📌 Nexus launches its own token

The Nexus Project team announced on Twitter that it is launching its own NXD token on the Polygon blockchain network (MATIC). The platform was chosen as the first technical base because of its high processing power and decentralized architecture based on Proof-of-Stake (PoS). In addition, the platform provides good transaction fees.

📌 Ethereum developers announced the launch of the latest public testbed

The developers of Ethereum have approached the final stage of work before the second largest cryptocurrency’s transition to the Proof-of-Stake consensus mechanism. They announced the launch of the last public test network prior to the merger of the existing Ethereum blockchain with the new version, which had been under preparation for several years.

📌 1inch Network introduced a new feature

DeFi-project 1inch Network unveiled a P2P-order feature that allows digital assets to be exchanged directly between users. We’ll see if this feature will really be introduced.

📌 Project Nexus Moves to the Second Level

Nexus, an enterprise networking platform for loyalty programs, has launched a smart contract on Polygon. This is a Layer 2 protocol for scaling the Ethereum blockchain. Nexus customers will be able to save on NXD native token transfer fees, while retaining access to all the familiar smart contract features because of Polygon’s full EVM compatibility.

📌 How much Ethereum miners earned

Income of Ethereum miners in February amounted to 1.19 billion dollars.

Most of that revenue came from the block grant ($1.09 billion) and only a small portion from transaction fees ($109.77 million).

📌 Updating Metaverse

The SandStorm project announced the launch of the world’s first platform that will connect major global brands to the meta-universe. This happened during the SXSW 2022 SandStorm event.

📌 How do you get a burger with Bitcoin?

Burger chain Shake Shack said that for every purchase made using the Cash App digital wallet offered by Block Inc. through the middle of this month, it will refund customers 15% of the amount spent in BTC. Do you want some burgers?

📌 Bitcoin mining became easier for the first time in six months

The Bitcoin blockchain mining difficulty graph registered its first correction of 1.49%, after an uninterrupted six-month rise to historic highs. This parameter is governed by time-cost statistics for the continuation of the blockchain, measured every 2016 blocks.

🔥 Rate:

🪙 Bitcoin — $39 067,10 (-0,25%)

📈 S&P 500 — $4.328,87 (-0,79%)

🌕 Gold — $1.970,64 (+1,80%)

⬛ Oil Brent — $118,03 (+6,85%)