Your Favorite Crypto Digest From TradeCrypto.com #137

The statistics:

Market is in the sidebar, some of the alts are green, some are red. BTC is now trading above $19,475, ETH is trading around $1,325.

💪 Bitcoin dominance: 41.05%

📉 Total Cryptocurrency Market Cap: $ 0,909 tr

😲 Fear and greed index: 21 (Extreme Fear)

🚀 Gainers (Top-100)

• XRP (XRP)+10.93%

• UNUS SED LEO (LEO)+9.04%

• Maker (MKR)+7.14%

😭 Losers (Top-100)

• PancakeSwap (CAKE)-2.15%

• Uniswap (UNI)-1.90%

• Toncoin (TON)-1.72%

Wow, cool. Debut Warner Music/OpenSea collaboration will be a release of NFT Label Passes for Probably A Label, the Web3 record label he launched 📢 last month with Warner Records. Core to Probably A Label’s mission is harnessing Web3 technology to allow artists and their fans to reclaim music ownership rights.

The NFT Label Pass will allow holders to license songs 🎵 from a members-only community music library, to create and own stakes in community-generated, IP-backed virtual artists, to attend exclusive live events like artist meet-and-greets and dinners with music executives, and to access Probably A Label’s upcoming music drops.

Be careful on the net. Crypto exchange 💱 Crypto.com is the latest target of a fraudulent job advertisement scheme by the North Korean-linked hacker group Lazarus. The malware attack encourages members of the crypto community to download a PDF document showcasing the open vacancies at Crypto.com. When the interested candidate proceeds to download 📩 the PDF job description, they unknowingly fall victim to a trojan horse attack in which their personal data and financial information are compromised.

This will be interesting to see. Continuing its recent rollout, tech giant Meta announced that its NFT collectibles support is now available 📲 to all Facebook and Instagram users within the United States. Meta first began enabling NFT support on its platforms in May with Instagram, and then added Facebook support in June.

In both cases, the firm started with a limited number of users, but has gradually expanded the pool over time. Now anyone in the U.S. can showcase their NFTs, joining users 👥 in some 100 other countries across Asia-Pacific, Africa, the Middle East, and Americas.

A beautiful symbolism. The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic “Euro-Skulptur” monument in Frankfurt. Frankfurt-based crypto startup Caiz Development will provide 1 million euros, or about $961,000 💰 , in funding over the next five years to rescue the famous sculpture depicting the symbol for the Euro. Announcing the news, Caiz said that the firm saw a good marketing opportunity in supporting the sculpture by obtaining unique exposure.

The fans have been waiting. Star Atlas is arguably one of the most ambitious NFT-driven games on the horizon, although it could be years before the Solana-based outer space strategy game 🎮 fully takes shape. Eager players won’t have to wait that long to get a small taste, however: a limited demo has just been released via the Epic Games Store.

Launched today as part of a live-streamed event, Star Atlas: Showroom is a pre-alpha demo of the Unreal Engine 5 technology powering the game. Developer ATMTA also released 🔍 a toolkit that lets other studios connect Unreal Engine 5-based games to the Solana blockchain.

Very cool. The United Arab Emirates (UAE) Ministry of Economy has announced a new headquarters located where anyone in the world can visit — the Metaverse. UAE Minister of Economy Abdulla bin Touq Al Marri stating, 💬 “this is not a proof of concept, this is our third address” before giving a live tour of the virtual headquarters. The headquarters will feature a multiple-story building, each serving a different purpose. Visitors will be able to take a ticket, which will prompt a “customer happiness center employee” to join the Metaverse and interact with the visitor.

Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies 💱 to cash if there is demand, said President Kassym-Jomart Tokayev. “We are ready to go further. If this financial instrument shows its further relevance and security, it will certainly receive full legal recognition,” Tokayev stated.

Conclusion: End of the month. We could see strong volatility today as companies might close their positions. While the market is stable, we are watching for new projects, or rather old ones becoming part of Web3. All of this suggests that crypto will not disappear from people's lives just yet.

What is Crypto Ping Pong digest?

TC lads here are working quite hard and from time to time we gotta chill. Recently, 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.

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.