Daily Crypto NewsEDITION #294, 30 August 2021

NFTs are crazy, and you?

Hey Moni Maker

Today, in 1901, Hubert Cecil Booth patented the electric hoover. Yeah, dust and dirt in the flat is awful! But much worse when it's in the brain. Our Digest fixes it. Yeah?

Let’s go!

P.S. Yes, we overslept a bit today. But that didn't make the Digest any worse.

As Decrypt reports, NFT project Bored Ape Yacht Club raised $96 million in a public sale of 10,000 Mutant Apes in a single hour on Saturday night, and airdropped a further 10,000 vials of mutant serum that let existing holders of the Ethereum-based NFT mint new apes for free.

Launched in April 2021, Bored Ape Yacht Club originally comprised 10,000 randomly generated NFTs. Each comes with different characteristics—for instance, some wear tweed suits while others smoke. The project is similar to CryptoPunks, whose 10,000 computer-generated avatars look similarly vacant and are even more expensive.

So what?

Yep. NFT hype. NFT. What other words to add for seo?

Continuing our posts pretending to be cool investors! We bought 1inch today. Wow, we got how much profit already; we made +38 bucks, yo! What would you buy in 2 weeks?

And why?

Steph Curry is scribbling away at the Bored Ape Yacht Club discord!

So to speak, he's dropped the ball.

OpenSea got into the Alexa ranking! Specifically, in the top 1000 of all sites.

This confirms that NFT will be around for a long time to come, and all that. Or maybe not. WE DON'T KNOW.

As Blockworks reports, Twitter and Square CEO Jack Dorsey said that Square’s new business, TBD, will be created to help “build an open platform to create a decentralized exchange for bitcoin,” he wrote in a tweet Friday.

“We believe Bitcoin will be the native currency of the internet. While there are many projects to help make the internet more decentralized, our focus is solely on a sound global monetary system for all. But including all requires a few pieces we think are missing,” Square CTO Mire Brock said.

Brock added that getting bitcoin typically involves exchanging fiat at a centralized custodial service like CashApp or Coinbase, but there are a number of issues at these on-and-off ramps.

Prove it! Connect your Metamask and answer with the amount you spent in the chat.

Axie Infinity made more money in a month than the entire Las Vegas gambling industry

Axie Infinity is an NFT-based online game developed by Vietnamese studio Sky Mavis. They earned $845M in the last month, while the Vegas gambling business earned only $794M.

Haha Money Printer Go Brrrrr. It is a meme. It shows a certain machine that prints money without rest and leads to inflation.

And more you can find in our Glossary!

And you...buy Bitcoin! (it's a good time!)