Crypto Ping Pong Digest #8

Sup guys? The market stays still today, but we're rolling!

Your D a i l y C r y p t o D i g e s t - What's going on?

Sup guys? The market stays still today, but we're rolling!

The market is flat. BTC is now trading above $46,000, ETH is trading around $3,500. 

💪 Bitcoin dominance: 41.5%

📉 Total Cryptocurrency Market Cap: $2,082 tr

😲 Fear and greed index: 52 (neutral)

Fear & Greed Index

🚀 Gainers(Top-100)

Oasis Network (ROSE) +13.81%

Mina (MINA) +12.51%

PancakeSwap (CAKE) +10.97%

😭 Losers(Top-100)

Waves (WAVES) -9.53%

eCash (XEC) -8.96%

Zilliqa (ZIL) -7.89%

Bitcoin Market

Dutch police confiscated NFT for the first time 🙀🙀🙀

The days of crypto theft are coming to an end - The dutch police say: 🥸 "You can't get away with this sh**!" 🥸

Police in the Netherlands announced the confiscation of NFTs and cryptocurrency. This is one of the steps in the investigation of illegal identity trading.

The case involves two men, 23 and 19 years old. According to the police, they sold customers' personal data to third parties and thus made them victims of fraudsters and extortionists.

dutch police

Trezor investigates potential data breach as users cite ❌ phishing attacks ❌

Cryptocurrency hardware wallet provider Trezor has begun investigating a possible data breach that may have compromised users’ email addresses and other personal information. 😠 😡 🤬

I Declare Data Breach

Pudgy Penguins 🐧🐧 NFT Collection Looks to Next Chapter With $2.5M Sale 📈📈

The Pudgy Penguins non-fungible token (NFT) project is under new leadership after the close of a long-awaited 750 ETH ($2.5 million) sale.

A group led by Pudgy Penguins holder and Los Angeles-based entrepreneur Luca Netz will buy control of the project, along with royalties, from the original four co-founders of the project, according to people involved with the deal.

Pudgy Penguins NFT Collection

Netz will be the new leader of “The Huddle,” along with his collaborator Cameron Moulène and several others.

More Than 90% of All Bitcoin Is Now in Circulation

The 19 millionth Bitcoin was mined on Friday—a significant milestone considering there will never be more than 21 million. And it means that 13 years into its existence, over 90% of all Bitcoin is now in circulation.  ♻️ ♻️ ♻️

shiba mining

But if you're looking forward to the historic moment when the last Bitcoin is mined, hoping it's just around the corner, we hate to break it to you: you will not see it, because in all probability miners won’t accomplish that until 2140.

AVAX traders anticipate a new ATH even as Avalanche DApp use slows

AVAX price posted a multi-month higher high, signalling that the altcoin’s downtrend is over, but a decline in network activity could weigh on the current rally. Subnet adoption propels the recent price rally.

Some analysts attribute the rally to Avalanche’s incentive program to accelerate the adoption of subnets which was announced on March 9. According to the Avalanche Foundation, subnets enable functions that are only possible with “network-level control and open experimentation.”

Defi Ethereum 2.0 Avalanche Foundation

The program will allocate up to four million AVAX, worth roughly $340 million, to fund decentralized applications focused on gaming, nonfungible tokens (NFTs) and decentralized applications (DApps).

CME Group 'Looking At' Offering Solana, Cardano Futures

Solana (SOL) and Cardano (ADA) might soon have futures contracts available on the Chicago Mercantile Exchange, a CME Group executive said earlier this week.

“We’re looking at it,” she said when asked if CME was considering offering futures and other derivative products for altcoins. “We get a number of client requests for anything outside the top two—Solana, Cardano".

hands up for cardano

DeFi Lender Inverse Finance Exploited for $15.6M

Ethereum-based lending protocol Inverse Finance (INV) said Saturday that it suffered from an exploit, with an attacker netting $15.6 million worth of stolen cryptocurrency. 💰💰💰

According to Inverse, the attacker targeted its Anchor (ANC) money market – artificially manipulating token prices to borrow loans against extremely low collateral.

Bitcoin theft

The state of Web3: Community talks about opportunities around the world

Attendees of Binance Blockchain Week shared their stories around Web3 and the growth of opportunities it presents within their local communities.

The recent conference brought together crypto community members from all over the world to share their passions, meet like-minded people, learn from keynote speeches by community leaders and share their perspectives on the state of Web3.

Binance Blockchain Week Dubai 2022

That's all folks! 🐰🐰🐰

Let us know how you would rate today’s digest:😍 Loved it🤨 Could have been better🤮 Better luck next time

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.