JPMorgan reveals Ethereum’s main rival in NFT

Hello everyone! The global crypto market cap is $2.04 trillion with a 24-hour volume of $50.97 billio

CryptoSlate Newsletter @cryptoslate

Hello everyone! The global crypto market cap is $2.04 trillion with a 24-hour volume of $50.97 billion. The price of Bitcoin is $43,292.00 and the BTC dominance is at 40.2%.

JPMorgan reveals Ethereum's main rival in NFT Analysts at JPMorgan have stated that Ethereum's dominance in the NFT space is being threatened by the Solana blockchain which has witnessed tremendous growth in the past year. cryptoslate.com

Legal Thoughts on the Metaverse (I): Intellectual Property Rights | Footprint Analytics About the Metaverse For the last year, the metaverse has become a flashpoint of blockchain hype, culminating in Facebook renaming itself Meta, with the support from Cryptovoxels, one of the well-known projects in the Metaverse track. cryptoslate.com

Bitcoin sits at the last level of crucial price support Trading activity on Wednesday indicates that Bitcoin bulls are fighting hard to keep the market price of bitcoin (BTC) above the crucial support level at around $42,000. cryptoslate.com

ESMA vice-chairman calls for ban on proof-of-work crypto mining In an interview with Financial Times Vice-chairman of European Securities and Markets Authorities (ESMA) Erik Thedèen urged EU regulators to restrict the usage of the proof-of-work model while mining cryptocurrency. Thèedeen further stated that extensive usage of the proof-of-work mining model poses serious harm to the environment and should be banned to promote a sustainable […] cryptoslate.com

Google Pay hires former PayPal executive to expand crypto services According to Bloomberg, Google Pay, one of the leading digital wallets for payments, has hired former Paypal executive Arnold Goldberg, in a bid to expand and accelerate its crypto operations. Goldberg will be responsible for heading Google's payment division to expand the firm's financial service domain which also includes cryptocurrency-related services. Google hires ex PayPal […] cryptoslate.com

Opera Internet Browser is BETA testing a Crypto Browser to integrate Web3 applications The world of Web3 is heating up and some of the major internet players are getting involved in the action. cryptoslate.com

World's first DeFi ETF to be listed on the Brazilian stock exchange in February Hashdex, a global crypto-focused asset manager recently announced the approval of the world's first DeFi exchange traded fund (ETF). The ETF will be listed on the Brazilian stock exchange, B3, under the ticker symbol DEFI11 on February 17th. cryptoslate.com

NGRAVE crypto wallet raises $6 million NGRAVE, a cryptocurrency hardware wallet manufacturer, announced today that it has completed a $6 million seed funding round. cryptoslate.com

2021 was the year of institutional crypto adoption Despite the volatility the crypto market experienced in 2021, the year turned out to be a net positive for almost every aspect of the crypto industry. cryptoslate.com

Not so fast, are "Eth killers" as speedy as they claim? For a few years, Ethereum reigned alone as the only realistic smart contract blockchain on the planet. cryptoslate.com

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