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Market News 10 Articles
IreneDAO：Photo NFTs of a Weblebrity Transforms the Grassroots Creator Economy
Author：Gate.io Researcher: Edward H.
01 March 17:30
Summary
1. Instagram celebrity Irene Zhao converted a set of her photos into NFTs and put them on sale on January 14th. This created much of a stir in the crypto community and the price increased over ten times within a few days.
2. The IreneDAO NFTs contain 1106 collections in total. Each N...
Blockchain Bridge Blasted For $326 Million
Author：Gate.io Researcher：Matthew W-D
01 March 12:26
【TR; DR】
In one of the most shocking hacking incidents reported in recent years, the popular cryptocurrency platform, Wormhole, identified a significant exploit occurring within the bridge between the Ethereum and Solana blockchains. Officially confirming the hacking via Twitter, Wormhole...
India’s Upcoming Crypto Survey
Author：Matthew W-D， Gate.io Researcher
01 March 12:17
【TR; DR】
As 2021 arrived and concluded without so much as an acknowledgement of the Indian government’s propositions to introduce their much awaited crypto regulation bill, the revelation of an upcoming Budget review will divulge further into India’s plans. The Budget is anticip...
What You Need to Know About Azuki - the Popular NFT Project
Author：Gate.io Researcher：Ashley. H
28 February 17:08
Summary
1. The most popular NFT project at the moment is Azuki, with sales of up to nearly $300 million in the past month, an increase of over 5 times yearly
2. Azuki is a typical "two-dimensional IP" NFT project. Its series of NFTs contains 10,000 anime-style avatars in total.
3. Azuki's t...
Trade Leveraged Tokens & Complete Tasks to Win $6,000 Airdrops；Vitalik Backs Ukraine；Warren Buffett Advises Against Holding Gold & Bitcoin；Russia Allows“Conditional”Crypto Trading
Author：Byron. B & Charles. F & Peter. L _Gate.io Researchers_
25 February 17:10
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Gate.io. Market quick snap
Author：
24 February 21:32
[TL;DR]
Bitcoin and Ether have plunged more than 8% over the past 24 hours to 34800, according to Gate.io, as Russia Attacks Urkarain.
Bitcoin, like Gold, is widely accepted as a safe haven currency in those tail-risk events, like war, or tapper from the Fed. However, at the same time, Gol...
Crypto market drops as tension rises between Russia and Ukraine
Author：Gate.io Researcher：M. Olatunji
24 February 17:56
[TL;DR]
Tensions between Russia and Ukraine are high. The United States is keeping a close eye on the situation across the Atlantic, with President Joe Biden indicating that the US will intervene if required. But While his administration considers sending soldiers to Eastern Europe, American...
Iran，one of the countries to test a National Cryptocurrency
Author：Victor KOMBOU, Gate.io Researcher
24 February 17:08
[TL;DR]
1. Iran to test a national cryptocurrency
2. Iran's stock market should be rebalanced thanks to blockchain technology
3. Iran: Crypto payments for international trade
4. Can Iran's National cryptocurrency escape US sanctions or fight inflation?
According to a senior official...
NFT Gets to the Heart of the Beijing 2022 Olympic Winter Games
Author：Aziz. H, Gate.io Researcher
24 February 14:18
[TL;DR]
After the Summer Olympics in 2008, China is hosting the 24th Winter Olympics. The event inspired the launch of Alibaba's NFT tokens.
Alibaba, a giant Chinese multinational technology company, announced the launch of four non-fungible tokens (NFTs) inspired by the sports on display...
Myanmar’s Military Government to Launch a Digital Currency
Author：OLATUNJI. M, Gate.io Researcher
24 February 13:43
TL;DR
Since the ouster of the democratically elected government of Myanmar by a military coup in February 2021, the economic woes have further worsened. With an economic growth rate of -18%, the Myanmar Military Government plans to launch a digital currency to help their local economy....
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