Daily Crypto NewsEDITION #295, 05 May 2022

Gem City wears Gucci

Hey Moni Maker 👾

A new degen collection from Gucci has arrived in shops all over the metaverse today. T-shirts, jeans and shirts with the Bored Apes Yacht Club print. Recall that before the Great Mass Adoption, Bored Apes was one of the most popular NFT collections in cryptocurrency.

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1) https://rift.finance/

EXVERSE mint 21:00 МСК

Okay, young blockchain builder. Celestia is the kind of project that can help you quickly deploy your blockchain without hassle. Celestia has its approach to scalability: blockchain consensus layers and data availability are separated from the execution layer. That is, nodes execute transactions for a specific application, rather than everything happening in the blockchain only. You can check out Github here.

DYOR? Check the link

What's the point of Hop in general? When you exchange your ether from L1 to L2, you will feel a considerable fee. So the guys decided, what if you connect to L2 at once and work between L2 networks, not even touch L1. An interesting idea, what about the implementation?

The implementation is going according to plan; ETH, DAI, USDT and MATIC have been added and support for Arbitrum and Optimism. TVL has grown to $130,000,000 and a cumulative volume of $2,000,000,000. There are plans to move to decentralisation and put Hop's management in the hands of the community.

Make Ethereum cheap again?

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