Your Favorite Crypto Digest From TradeCrypto.com

The market is green. BTC is now trading above $43,000, ETH is trading around $3,200.

💪 Bitcoin dominance: 41.6%

📉 Total Cryptocurrency Market Cap: $2,16 tr

😲 Fear and greed index: 37 (fear)

🚀 Gainers(Top-100)

NEAR Protocol (NEAR) +23.96%

Etherium Classic (ETC) +7.19%

eCash (XEC) +5.86%

😭 Losers(Top-100)

Anchor Protocol (ANC) -5.05%

Terra (LUNA) -4.02%

Decred (DCR) -2.31%

HSBC launches metaverse portfolio for wealthy Asian clients

HSBC Holdings has launched a fund to capture investment opportunities in the metaverse for its rich clients🤑🤑🤑 in Hong Kong and Singapore as financial services companies tap into Silicon Valley's new virtual reality.

Metaverse Discretionary Strategy portfolio, managed by its asset management arm, will focus on investing💹💹💹 within the metaverse ecosystem across five segments - infrastructure, computing, virtualisation, experience and discovery, and interface.

CertiK reaches $2 billion valuation with new funding from Goldman Sachs and others

Blockchain security firm CertiK has reached a valuation of $2 billion💰💰💰 in a new funding round, as a rise in crypto scams underlies the need for more security🛡️ and protection🛡️.

The firm has raised $88 million in a Series B3 round.

MicroBT unveils new series of Whatsminer bitcoin mining rigs

MicroBT announced its latest generation of bitcoin miners, the M50 series, which includes the M50, the M50s and the M53.

The new WhatsMiner M50S can produce up 🏭🏭🏭 to 126 terahash per second (TH/s) at an efficiency of 26 joules per terahash (J/T) and the WhatsMiner M50 can achieve 114 TH/s at 29 J/T, according to the company's presentation.

Binance Leads $150M Funding Round of Sky Mavis, the Creator of Axie Infinity, to Restore Funds on the Ronin Bridge

Binance announce that it has led a $150 million USD funding round of Sky Mavis, the creator of leading NFT breakout title Axie Infinity🐣🐣🐣, to restore funds on the Ronin Bridge, with participation of Animoca Brands, a16z, Dialectic, Paradigm and Accel.

The round will be used to reimburse user funds affected by the Ronin Validator Hack.

67% of Cardano holders underwater and most bought less than 1 year ago

As Cardano (ADA) prices fall back towards the psychological one dollar💲💲💲 level, more and more investors are finding themselves with unrealized losses by holding on to the digital asset.

Cardano’s ADA token has had a bearish week🐻🐻🐻. The price has fallen 11.4% since Monday resulting in more holders being in the red. More significantly, ADA is now 64.7% below its September 2 all-time high of $3.09 and is in danger of falling below a dollar over the next few days should the trend continue.

Robinhood rolls out wallets to 2M waitlisted users, plans to integrate Lightning

Cryptocurrency and stock trading app🏛️🏛️🏛️ Robinhood will roll out its digital wallet feature for 2 million additional users.

The platform is planning to integrate the Bitcoin Lightning Network to reduce the time and cost of transactions as well as their carbon footprint.

Texas Man Sentenced to Prison After Laundering $1.4 Million in Crypto

Deependra Bhusal has been sentenced to 46 months in federal prison for his involvement in a crypto money laundering 🧼🧼🧼conspiracy in the Eastern District of Texas.

Bhusal was involved in a multi-year money laundering conspiracy that involved laundering funds from a multitude of scams🐱‍🚀🐱‍🚀🐱‍🚀.

Full frame image of US dollar currency banknotes in various denominations in soap water.

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What is Crypto Ping Pong digest?

So all the TC lads here are working quite hard and from time to time we gotta chill.

That’s why we got ourselves a ping pong table to complete our lazy-bag-stuffed chill zone. As you all know our main hobby is Crypto, so even while we play we don’t really shut up about it. Ever.

During the game, we have a rule not to discuss serious topics like analytics, predictions, etc.

So memes, leaks, gossips naturally come about – we collect them and share them with you in this interstellar space on our site we like to call Crypto Ping Pong digest.