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Terra's LUNA leaps

TOP TRENDING ASSETS

What percentage of customers are buying or selling an asset

XRP

(XRP)

88%

buying

Hedera HashGraph

(HBAR)

80.95%

buying

Cardano

(ADA)

73.76%

buying

Stellar Lumens

(XLM)

73.2%

buying

Shiba Inu

(SHIB)

73.01%

buying

View all assets

Trading activity in the past 24 hours on the Uphold platform as of 9am EST 19th April 2022

All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.

WHAT'S UP

Terra, The Sandbox, STEPN Form Power Trio

Terra's LUNA rose as much as 17% in the past 24 hours to reach $90 following a bruising stretch of several days.

As of Tuesday at 8:18 a.m. (EST), LUNA, 8th-largest digital asset with a market cap of $32 billion, was still greening up, sitting at $90.54 after a one-hour rise of 0.4%.

The platform’s native stablecoin TerraUSD (UST) has overtaken Binance USD (BUSD) as third-largest stablecoin (with market cap of $17.6 billion) behind Tether (USDT) and USD Coin (USDC), Finbold said.

Meanwhile, The Sandbox (SAND), 42nd-largest coin, increased 11% in the past 24 hours. Bloomberg reported the blockchain-based online game is looking to raise $400 million in fresh funding.

No. 62, STEPN, is the biggest gainer among the Top 100. The exercise-based platform's native asset GMT has soared 30% since this time yesterday.

WHAT'S DOWN

NFT Of Famous First Tweet Falls Off Cliff

“Just setting up my twttr."  That’s the first-ever tweet. It was March of 2006. It came from Twitter cofounder Jack Dorsey. Microblogging was on the map.

“This is not just a tweet!" That’s a March 2021 tweet from Sina Estavi, head of Malaysia-based blockchain company Bridge Oracle, after paying $2.9 million for a non-fungible token (NFT) version of Dorsey’s first tweet.

Perhaps trying to cash in on the furor surrounding Elon Musk’s attempt to take over Twitter, Estavi recently put the digital artifact up for resale – but the highest bids came in at less than $14,000.

That’s a reflection of a “maturing NFT market,” said The Wall Street Journal.

Estavi is said to be rethinking the sale.

WHAT'S NEXT

Ethereum's PoS Evolution Measurably Momentous

The Ethereum blockchain's long anticipated transition to a Proof-of-Stake (PoS) consensus mechanism – what had been dubbed Eth2 (or ETH 2.0) but is now known as the “consensus layer” – is gaining momentum, based on the level of ETH being staked in support of it.

Despite a decline in ETH price during Q1 ‘22, the amount of total staked ETH for the consensus layer in that same period increased by 25%, according to CoinGecko.

FOCUS

Crypto Industry Put On Alert Over Possible Cyberattack From North Korea

The Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the U.S. Treasury Department (Treasury) has just issued a joint Cybersecurity Advisory (CSA) to highlight the cyber threat associated with a North Korean state-sponsored group, according to CISA.

The advisory specifically cites several target areas of the industry, including exchanges, decentralized finance (DeFi) protocols, venture capital funds and individual holders of large amounts of crypto-related assets, including NFTs, Decrypt noted.

The advisory also references a strategy dubbed “TraderTraitor.” It involves spearphishing messages sent to employees in crypto companies. These messages often mimic recruitment strategies, offering high-paying jobs to entice victims.


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