The Azuki NFT project introduced eight non-fungible tokens for gold-plated skateboards. At the auction organized by Chiru Labs, the cheapest skate sold for 200 ETH. The buyer paid 309 ETH for the most expensive lot. — The results of the auction were announced on Azuki’s Twitter account. Skateboards currently only exist in NFT format. However, token purchasers can exchange them for actual physical items, which are now officially the most expensive skateboards in the world.

Mining is verifying and adding transactions to a public ledger (blockchain), usually done by solving complex mathematical problems. For their efforts, miners are rewarded in the form of cryptocurrency. — In the third quarter of 2022, the hash rate of the network of the first cryptocurrency increased by 73% compared to a year earlier. Energy consumption increased by only 41%, according to a report by the Bitcoin Mining Council (BMC).

Strictly speaking, noble metals include gold, silver, platinum, and several metals of the platinoid group: ruthenium, rhodium, palladium, osmium, and iridium. However, only four have become commodities and are often used for investment. — The World Gold Council plans to tokenize the precious metals market. South Korea will launch blockchain citizen IDs in 2024 — these and other important news of the cryptocurrency market in our review.

NFT is also referred to as a non-fungible token or digital tag. It is attached to various electronic objects (SMS, tweet, meme, photo, screen, track, game element, etc.) and acts as a digital asset uniqueness certificate. — LiveArtX is a new platform that uses NFTs to create a more transparent and equitable art industry. …

Bitcoin (BTC) is the world’s first and most popular cryptocurrency. As of October 3, 2022, one bitcoin costs about $20,000. Despite the popularity of bitcoin, it is still surrounded by many myths and misconceptions — this is true for the cryptocurrency market as a whole. — The bitcoin rate had updated the minimum since June 20, when the cryptocurrency traded at $18,200. In the first half of the day on October 13, the first cryptocurrency was trading in the range of $19,100 — $19,000. In the middle of the day, the price of the coin dropped…

The ratio of open interest (OI) in futures and perpetual contracts for Bitcoin and Ethereum to their capitalization has reached a record. Against the current consolidation, analysts at Arcane Research admitted that this might be a harbinger of a sharp increase in volatility. — OI to capitalization in digital gold reached 3.21%, in Ethereum — 4.24%. Analysts noticed this ratio is kept near the peaks, despite the past The Merge. Many players were hedging or taking directional positions leading up to this event.

Ordering and normalization of any functions. It can be regulated in business, healthcare, finance, and the like. — The creation and implementation of innovations will not become a “free circumvention” of regulation for participants in the cryptocurrency industry. This was stated by the head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Benham, writes The Block. During his speech at D.C. Fintech Week, the head of the…

The BNB Chain blockchain is back up after the BSC Token Hub hack. The hackers managed to steal more than $544 million worth of cryptocurrencies, but they could only withdraw $100 million. After that, the network was temporarily suspended. The BNB Chain team has announced a vote to decide the fate of the funds locked in the accounts of the hackers who tried to steal them. The total amount of cryptocurrencies “hanging” in the network is $432 million.

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