✅ BTC Is Close to $17,000 Again
It was a relatively good week for digital gold: it finished with a weekly gain of 2.1%. Despite this, BTC has yet to break through the resistance level that has held the asset since mid-December. Bitcoin is now trading at $16,940.
As for Ethereum, this asset was doing much better. During the week, the coin grew by 5.26% to $1,263 per unit. But there is still the impact of the general decline in the asset price, as only 20% of ETH stackers are in the profit zone.
Overall, the top 10 assets have performed well. ADA (16.3%) also shows the most favorable results besides the significant coins.
Actual quotes as of the morning of 09.01:
✅ LG Will Add Metaverse to Its TV Sets
Korean tech giant LG Electronics has signed a cooperation agreement with metaverse developer Oorbit. VentureBeat reports it regarding the company’s announcement at the CES 2023 exhibition.
The goal of the collaboration is to develop virtual world technology in its TV sets and promote the concept to millions of users of LG products.
✅ E-commerce Service Shopify Added Support for Avalanche
Sellers of e-commerce giant Shopify will be able to mine and list non-fungible tokens (NFTs) through their online stores using one of the platform’s blockchain applications, Venly. Avalanche announced it in their Medium blog.
According to the developers, merchants now do not need to direct customers to popular NFT marketplaces. Instead, they can use Venly to create NFTs on the Avalanche blockchain.
✅ White Hacker Saved About $200 Million by Discovering Three Parachain Vulnerabilities on Polkadot
Cybersecurity expert Immunefi discovered a software vulnerability that could have been used to steal about $200 million from three Ethereum-compatible parachains on Polkadot: Moonbeam, Astar Network, and Acala. The Block reported this.
A researcher nicknamed pwning.eth reported a critical vulnerability in Frontier software, which is used to “wrap” native tokens in parachains on Polkadot. The report was written on June 27 last year but was only recently disclosed.
✅ TON Launched TON Storage
The Open Network (TON) blockchain announced the launch of TON Storage, a decentralized file-sharing and storage solution. The developers said the service is capable of solving many data volume problems.
The storage provides for peer-to-peer file sharing via “torrents.” They are transmitted through a decentralized, secure, private computer network on the TON blockchain. It will allow users to freely and securely exchange files of any size since all data is automatically backed up and encrypted.
✅ The UK Criminal Investigation Agency Has Launched a Search for a “Crypto Investigator”
The UK’s National Organised Crime Agency plans to create a specialized group on cryptocurrency and virtual assets. The Financial News reports this.
Candidates for the “crypto investigator” position are expected to provide strategic and tactical advice in investigations and have extensive experience in blockchain-based investigations of serious and organized crime.
😏 Would you like to become a “crypto-investigator”?