Bitcoin network difficulty reaches all-time high as miners pursue 2M BTC
Just when the Bitcoin (BTC) miners helped release the 19th millionth BTC in circulation on Friday, the BTC network’s mining difficulty reciprocated by reaching an all-time high of 28.587 trillion.
Bitcoin’s network difficulty correlates to the computational power required to mine BTC blocks, which currently demands an estimated hash rate of 201.84 exahash per second (EH/s), according to data from Blockchain.com.
SHIBA INU presents SHIB metaverse with over 100K land plots
SHIBA INU has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times.
The SHIBA INU team also announced the prices of the plots, which depend on their location, detailing that they will be sold for ether instead of the metaverse’s native token.
5 new assets on ONUS
$LBP: platform that allows users to participate in project’s native token sale rounds.
$LOOKS: NFT exchange on Ethereum, developed to be the NFT marketplace for the community.
$XCN: blockchain-based technology company on a mission to enable a smarter and more connected economy.
$AUTO: yield farming aggregator running on 15 different EVM-compatible networks.
$REP: a decentralized prediction market protocol built on the Ethereum platform in 2014.
Russian Finance Ministry Official says Russia won’t try to ban home cryptocurrency mining
Alexey Yakovlev, deputy head of the Financial Policy Department of the Russian Ministry of Finance, said it would be pointless to try to ban crypto mining at home because it would be difficult to enforce such a ban.
Crypto news outlet Forklog quoted Yakovlev as announcing during a video conference call that the ministry was finalizing new terms to bring such crypto-related activities into the legal realm.
KFC joins the Metaverse world
KFC, an American fast food restaurant chain headquartered in Louisville, Kentucky, has filed trademarks in order to become a part of the Metaverse.
Its filings indicate that it plans to offer virtual food and beverage products. The company also intends to operate a virtual restaurant that will feature both virtual and actual goods.
1.5 billion SHIB burnt in just 1 week
According to shibburn, in the last 7 days, there have been a total of 1,496,133,933 SHIB tokens burned, equivalent to $39,438 at the current SHIB/USD exchange rate.
Whale accumulated $1.4 million in AAVE, $1.5 million in SHIB
According to WhaleStats, an investor has acquired $1.5 million in SHIB and almost the same worth of AAVE. This investor just bought 5,465 AAVE, equivalent to $1,408,419 USD and 58,505,930,053 SHIB, equivalent to $1,532,270 USD.
Terra LUNA hits All Time High
Terra’ LUNA cryptocurrency has surged to a new all-time high of $117.89 registering another 8.57% gain earlier today. LUNA is now trading at a price of $117.60 with a market cap of $41.7 billion.
Ethereum whales accumulated FTT this week amid crypto market turnaround
According to the crypto-tracking platform WhaleStats, the top 100 richest ETH addresses’ top target over the last week, excluding ETH and stablecoins, was FTX Token (FTT).
Over a seven-day timeframe, ETH whales gobbled up an average purchase amount of more than $5.1 million worth of FTT, the exchange token of FTX, a cryptocurrency derivatives trading platform for futures, leveraged tokens and over-the-counter trading.
Top 5 Trending Assets
BSW is currently leading the Top Trending on the ONUS app after experiencing continuous growth in recent days. BSW has received 150.73k views in just 24 hours. That is, two people learn about BSW on the ONUS app every second.
ADT came in second with 146.5k views, followed by GMT, ZIL, and H3RO3S – assets that are frequently discussed in ONUS communities.