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Ethereum, the world’s second-largest cryptocurrency by market capitalization, has hit $4,000 for the first time since May 14. Its current price is just over $4,000, an increase of 4% in the past week.
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In brief
Animoca Brands has raised $65 million at a valuation of $2.2 billion.
The firm invests in NFT-centric projects and also publishes its own crypto games.
In brief
Martha Stewart has launched an NFT platform offering Ethereum collectibles.
The first drop features Halloween-themed collectibles, including auctions for carved pumpkin NFTs.
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A new NFT collection features paintings of Stan Lee done in collaboration with the late Marvel Comics creator before his death.
Buyers will receive both the NFT version and artist Rob Prior’s original physical painting.
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An owner of a CryptoPunks avatar turned down a $9.5 million offer for his NFT.
The owner, an NFT smart contract developer, explained why he refuses to sell the CryptoPunk for any amount.
Ethereum’s native token Ether (ETH) has rallied by more than 415% this year to over $3,800, and two major bullish patterns developing on its charts highlight the scope for another upside move, ultimately toward the $6,200-$6,500 price range.
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In brief
DeFi protocol Indexed Finance was hacked Thursday for $16 million.
Those working on the project say they have found out who the hacker is.
It is one of many DeFi projects that have been hacked this year.
Ethereum is an open-source blockchain-based software platform with thousands of decentralized applications (DApps) that powers its native cryptocurrency, Ether (ETH), that can be sent and received globally without any third-party interference.
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Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), continues focusing on advancing the developer activity on the network.
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