The Hashdex Nasdaq Crypto ETF seeks to track the Nasdaq Crypto Index. The NCI is designed to provide an accurate representation of the investable crypto market for institutions. Its unique methodology adjusts the weight and number of constituent assets to evolve with the emerging crypto asset class market.
Hashdex Nasdaq Crypto Index ETF
Fund Objective
The Hashdex Nasdaq Crypto Index ETF investment objective is to track the investment results, before taxes and expenses, of the Nasdaq Crypto Index, which is composed of market weighted large-capitalization crypto assets.
A free to mint drop of outstanding avatar (pfp) Lucky Mnaeki version will be available exclusively to Lucky Maneki holders. You may claim as many as you own Manekis from the original drop.
n addition, the platform also witnessed the establishment of a devoted community of Unicly stakeholders.
It is worthy of note that Unicly has also become the first NFT exchange to be integrated on CoinGecko courtesy of its similarity with other promising AMM exchanges. To date, Unicly has already generated more than $20 million in volume with over $30 million in liquidity. Moreover, the value of the fractionalized NFTs on Unicly has grown to roughly $70 million.
Unicly’s native governance token dubbed UNIC is primed to have its fair launch on Tuesday 10 am EST via liquidity mining.
The Unicly protocol was launched on April 7 and has continued to witness high user traction as it attracted several significant NFT collections that were put up for fractionalization comprising eight multi-million dollar collections: Jenny DAO collection uJENNY, 50 CryptoPunks NFTs fractionalized into uPUNK, Aavegotchi’s uGOTCHI, HashMask collectionuMASK, Doki Doki collectionuDOKI, Axie collection uAXIE, Beeple collection uBEEPLE, and Autoglyphs collection uGLYPH.
The Cryptopunks did $866K of total volume in their first 3 years, they’ve done $55M in the last 24 hours. Also amazing to see Autoglyphs and Meebits in the top 10 at the same time.
A demonstration of the powerful new Meebits search engine.
search feature to the Meebits site and it is quite a powerful tool for exploring rarity and finding the perfect Meebit for your collection. This post will take a tour through the features with some example searches.
EtherRock #33 sells for 33 ether or $100K (approx.).
The stones are collectible NFTs from one of the earliest NFT projects on Ethereum.
So far, NFTs are notorious for ridiculously high prices, with the most expensive being worth $69 million.
The latest artwork to make it to the list of ‘Non-Fungible Tokens sold for outrageously high prices’ is the picture of a rock.
EtherRock #33, the JPEG of a grey-colored rock, has sold today for the amount of approximately 33 ether, the equivalent of $100,000. Notably, the rocks are one of the first crypto collectible NFT-type projects on the Ethereum blockchain. They launched shortly after CryptoPunks in 2017.
Owning up to their self-proclaimed title of ‘collectibles’, the scarcity of the rocks has pushed their prices very high. In fact, many NFTs have adopted a similar strategy to reach high prices.
For example, take Paris Hilton and Blake Kathyn, who worked together to launch the ‘Iconic Crypto Queen’ NFT. Paired with the tag line “(Virtual) blondes have more fun, right?”, the NFT’s value is $1.111211 million. Another is Quantum, by Kevin McCoy. He minted the first-ever NFT, Quantum, which is worth a whopping $1.58 million.
Finally,most expensive NFT to be sold ever: Beeple’s ‘Everydays—The First 5000 Days’. Christie’s auctioned the NFT, which sold for the mammoth price of $69 million, back in March.
The sudden rise in demand for EtherRocks comes during a late summer surge in the NFT market. The market produced $2.5 billion in transaction volume during the first half of 2021, but the hype around NFTs seemed to fade in late spring and early summer. Lately, however, transaction volumes are soaring and big-ticket sales have grabbed headlines again.
CryptoPunks has been one of the biggest beneficiaries of this year’s NFT boom, as the collection’s pixelated avatars have dramatically risen in value. The market floor for CryptoPunks hit $100,000 worth of Ethereum for the first time last week, and currently sits above $131,000 per creator Larva Labs’ official tracker.
There have been a few multi-million-dollar CryptoPunk sales in recent weeks, too, including one that sold for $5.4 million worth of ETH in late July, and another that Vaynerchuk bought for $3.7 million around the same time. Last week, a CryptoPunk that was last purchased for just $443 in 2018 sold for nearly $4.4 million worth of ETH.
Bitcoin is -0.6 at $45.6k, while ETH is +1% to $3160. Movers are AXS +46%, ALICE +22%, BQX +14%, BAND HOT +13%, FET AKRO +12%, CND CHR CRV BRD +10%, CTSI -13%.
In one of the largest crypto hacks in history, $600M of TVL was syphoned from PolyNetwork overnight. Security experts and forensics are hard at work to find the path of the hack, with some saying its an inside job and others calling a security flaw in the multi-sig setup. Either way, the hacker has managed to convert some of the $600M already into other tokens, of which $33M is blocked by Tether, and is taunting everyone with messages in the Ethereum blockchain writing “WHAT IF I MAKE A NEW TOKEN AND LET THE DAO DECIDE WHERE THE TOKENS GO”.
Bitmex has settled civil charges with the CFTC and FinCEN for a $100M fine, although the “US vs. Hayes et al.” is still in motion and will be tried next year.
Coinbase posts a record profit of $1.6B in Q2 as Ethereum trading fees surpassed Bitcoin. A source within PNC Bank has said they plan to offer crypto investment services to clients through Coinbase.
VanEck has filed for a futures Bitcoin ETF after the SEC chair Gary Gensler dropped hints recently this was the easiest way to get approved.
Poly Network operates on the Binance Smart Chain, Ethereum and Polygon blockchains. Tokens are swapped between the blockchains using a smart contract which contains instructions on when to release the assets to the counterparties.
One of the smart contracts that Poly Network uses to transfer tokens between blockchains maintains large amounts of liquidity to allow users to efficiently swap tokens, according to crypto intelligence firm CipherTrace.
Poly Network tweeted on Tuesday that a preliminary investigation found the hackers exploited a vulnerability in this smart contract.
According to an analysis of the transactions tweeted by Kelvin Fichter, an Ethereum programmer, the hackers appeared to override the contract instructions for each of the three blockchains and diverted the funds to three wallet addresses, digital locations for storing tokens. These were later traced and published by Poly Network.
The attackers stole funds in more than 12 different cryptocurrencies, including ether and a type of bitcoin, according to blockchain forensics company Chainalysis.
A person claiming to have perpetrated the hack said they had spotted a “bug,” without specifying, and that they wanted to “expose the vulnerability” before others could exploit it, according to digital messages posted on the Ethereum network published by Chainalysis. Reuters could not verify the authenticity of the messages.
WHERE DID THE MONEY GO?
Coindesk reported on Tuesday that the hackers had initially tried to transfer some of the assets from one of the three wallets into liquidity pool Curve.fi, but that transfer was rejected. About $100 million was moved out of another of the wallets and deposited into liquidity pool Ellipsis Finance, Coindesk also reported.
Curve.fi. and Ellipsis Finance could not immediately be reached for comment.
But early Wednesday the hackers started transferring assets back to Poly Network and by Thursday morning had returned $342 million worth of tokens, with $268 million stolen from the Ethereum chain outstanding, Poly Network said. Around 10 a.m. ET (1400 GMT) on Thursday, Poly Network said it was still communicating with the hackers, who were gradually transferring back the remaining assets.
China’s tech crackdown extends far beyond crypto, into education and insurance.
China’s central government issued a five-year plan Wednesday that calls for tougher regulation across industries, signaling that the last few months’ crackdown on tech industries that has shaken investors’ confidence in the market will not abate any time soon.
Key to the crypto industry, the plan calls for more legislation on tech industries and the environment, intensifying law enforcement in finance and ecological management, as well as the “healthy development” of new business models in digital industries.
Chinese state-run Xinhua News Agency reported the development on Wednesday.
China, once the world’s largest bitcoin (BTC, -1.83%) mining hub, has been cracking down on crypto mining due to environmental and financial concerns. Miners are moving their operations overseas, primarily to central Asia.
But Beijing’s push to rein in tech industries goes far beyondcrypto, and has led global investors to reconsider their exposure to China.
Share prices for Chinese tech giants like Tencent and Alibaba have been tumbling. SoftBank is holding back on investing in the country.
The plan also calls for a nationwide unified law enforcement system using internet and big data: Chinese local authorities have been experimenting with the use of consortium blockchains to integrate government data, including in the field of law enforcement.
The Ethereum-based NFT supermarket “The Sandbox” has teamed up with Skybound Entertainment to bring the Walking Dead game into the virtual world.
The Walking Dead is famous for its TV show, however the story and characters are based on the original comics from Skybound Entertainment.
Walking Dead Infiltrates Sandbox
The sandbox belongs to the NFT real estate and game developer Animoca, who calls it “partly virtual real estate, partly amusement park”. It already has an impressive list of existing partnerships like The Smurfs, Care Bears, Atari, Deadmau5, and CryptoKitties.
“The team will offer users the opportunity to purchase virtual properties near The Walking Dead’s location in the Metaverse so fans and gamers can be closer than ever to their beloved brands,” the July 8 announcement said.
The Walking Dead game will give users the ability to recreate playable stories and use characters from the series like Rick Grimes, create in-game assets, and trade assets on the sandbox marketplace. .
The sandbox supermodel is slated to be unveiled to the alpha public in the summer of 2021, and the virtual land in the game is in great demand. In February, Sandbox generated $ 2.8 million in revenue from two NFT land sales events.
NFT leases mining operations from Australian companies
Three Australian companies have teamed up to launch mining and exploration leases hosted as NFTs on the BSV blockchain.
As a provider of end-to-end technology solutions, Prime Technology Services will partner with P Predict Ecology, an environmental and environmental consultancy, to develop a blockchain infrastructure for mining company Progressive Minerals.
The use of NFT and blockchain technology will allow the company to improve records by storing accurate and transparent data that is verifiable on the blockchain.
“This is a historic problem in the industry, and Progressive Minerals’ goal is to transform the way miners work and provide a level of data integrity and transparency to everyone without knowing it,” said Mathew Hancock, chief executive Officer of Progressive Minerals.
ICA Miami buys Crypto Punk NFT
The Institute of Contemporary Art Miami (ICA Miami) has acquired CryptoPunk 5293, which will be on display this summer.
CryptoPunk NFT shows a woman with purple lipstick and a mole and was donated to the art museum by trustee Eduardo Burillo
The communication notes that the museum is committed to promoting a broad understanding of contemporary art and promoting experimentation. Alex Gartenfeld, Art Director of ICA Miami, said Larva Labs “revolutionized our understanding of the meaning of art objects and property” with the creation of CryptoPunks in 2017.
“In doing so, they helped start an iconic ‘cryptocurrency’ movement that describes the way our digital and physical worlds merge and become inextricably linked,” he added.
Connected: NFT enables gamers to have digital property rights
Escape to Mars
Escape to Mars nft
A new Mars-themed NFT project called “Mars Escape” is making its first NFT sale through July 26th.
Mars Escape’s theme is centered on “conceptual travel” to the planet, and the platform hopes to introduce users to the planet as a possible avenue for virtual “luxury travel”.
“We envision a world where luxury travel is not restricted by geography and people can access unique experiences from the comfort of their own homes,” the website says.
It teases that with the use of virtual reality, “the possibility of a luxury vacation in space suddenly becomes so much more real …”
Mars Escape NFTs feature room-like bungalows, luxury resorts, motocross events, and in-room butlers with holograms, to name a few.
The project has yet to confirm whether it will be expanded to the full official metaset at this point.
Rounding
Despite the slowdown in the NFT market, Cointelegraph reported July 7th that NFT sales were $ 2.5 billion for the first half of this year, as opposed to $ 13.00 in NFT sales of $ 7 million same period in 2020.
A growing trend this year appears to be television and movie content linked to the NFT, and a new NFT marketplace called “Vuele” announced earlier this month that the platform will host feature film sales.
The film is called “Zero Contact” and the first NFT drop will be shown in late July or early August.
