Facebook’s metaplans to explore NFTs, smart contracts, and DAOs in 2022
The new Meta-CTO Andrew Bosworth set out the vision of introducing and working with blockchain technology and various cryptocurrencies for the social networking giant.
Bosworth said Meta should develop NFT and focus on additionally considering investing in areas like Web3, smart contracts and DAOs.
Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021
According to analytics firm Glassnode, since a spike in old hand selling after BTC/USD crossed 2017’s all-time highs of $20,000 last year, strong hands have stayed firm.
Even the run to nearly $70,000 failed to break the trend significantly, and selling still appears to be coming from newer market entrants.
Top 03 daily losers
After a strong growth in November, Thetan Arena (THG) has dropped by more than 60% in value this month, after the 20.01% decrease in the last 24 hours.
During the same time period, ICX and FOR both lost an average of 16% of their value, but in a 1-week period, these two assets both have returned an average of 20% profit to their investors.
Nearly $262 million ETH moves to Binance as Ethereum dips beneath $4,000
WhaleAlert reports that nearly $262 million worth of ETH tokens have been moved to crypto exchange Binance. Ethereum dips below the $4,000 mark as the entire cryptocurrency market tumbles to selling pressure.
75,615 Bitcoins wired by anonymous wallets as BTC dives below $50,000
According to crypto tracking platform Whale Alert, anonymous crypto wallets have transferred a mind-blowing $3.9 billion worth of Bitcoin within just a couple of hours.
Meanwhile, the flagship cryptocurrency, Bitcoin, has failed to hold above the $51,000 level and is already down over 5%.
There were more than 100 million tweets mentioning Bitcoin in 2021
According to data from analytics company Visibrain, there were 101 million tweets containing the word “Bitcoin” in 2021. This represents an increase of 350% from the volume recorded in 2020.
SHIBA INU Whale holding 1 trillion tokens acquires $3.9 million SAND
A crypto whale currently holding 1 trillion SHIBA INU tokens and ranked sixth on WhaleStats, has increased his SAND holdings.
According to the whales’ surveillance website, the investor has bought an additional 585,844 SAND tokens, or $3,913,438 worth. This brings the total balance of SAND tokens held by the large investor to 3,132,275, or $19,528,762 worth.
DODO launches on Aurora to encompass the features of NEAR blockchain
DODO, a DeFi protocol that uses unique proactive market maker (PMM) algorithm, is officially launching on the NEAR Protocol, using Aurora as the Ethereum-compatible scaling solution.
DODO have reached an agreement with the NEAR team to have DODO as the ‘blue chip’ decentralized exchange (DEX) on their platform.
Top 5 most-mentioned cryptocurrency on social media
Bitcoin, the largest cryptoasset by market capitalization, has attracted 286.6 thousand comments and has become the most-mentioned cryptocurrency on social media in the past 24 hours.
ETH was followed by market leader Bitcoin which had over 84.32 thousand comments on social media. SHIB also made the list along with CAKE and DOGE. These had over 58.84 thousand, 47.12 thousand, and 46.29 thousand comment respectively.
DeFi traders push Terra’s UST stablecoin to $10B market cap
The Terra blockchain’s fast growing stablecoin UST, which had surpassed its rival DAI to become the largest decentralized stablecoin, has how attained another milestone: a market capitalization of $10 billion.
The fast growth in UST comes as the Terra blockchain has become a major player in the DeFi sector, where stablecoins play a critical role in staking, liquidity management and yield-generating.