The sale of the long-awaited online non-fungible token (NFT) of Metaverse World, called “Other Side”, with the theme of boring ape, was signed by Yuga Labs on May 1st, and Ethereum’s price has increased. 55,000 Otherdeeds NFTs are on sale, and Yuga Labs tweeted that they were all sold out.
In other news, web security solutions company Cloudflare has successfully thwarted a large HTTPS-based decentralized denial of service (DDoS) attack on crypto companies.
Cryptocurrency price
The market capitalization of the world’s cryptocurrencies increased 2.16 percent to $ 1.74 trillion at 8:50 am. However, according to Coinmarketcap data, the amount of cryptocurrencies in the world has decreased by 6.68% to $ 80.16 billion.
This is the largest NFT mint in history and is several times larger, but the gas used during the mint shows that demand far exceeds anyone’s expectations. The scale of this mint was so large that Etherscan crashed.
— Yuga Labs (@yugalabs) May 1, 2022
“After a few changes, Bitcoin (BTC) is back where it started on the weekend. Bitcoin ended with a 17% retracement in April and is the worst for market leaders to date in 2022. It was the month. Ether and major altcoins follow a similar pattern. Currently, no bullish catalyst is visible, but further price collapses in the market may continue, “Bitbns CEO said. Gaurav Dahake, co-founder and founder, said.
BTC, the world’s oldest cryptocurrency, traded at $ 38,658.93, up 1.68% in the last 24 hours. Ethereum (ETH) was also trading at $ 2,840.58, up 2.68%.
Among other major coins, Cardano (ADA) rose 2.49% to $ 0.7865, ALGOland (ALGO) rose 3.63% to $ 0.5993, and Binance Coin (BNB) rose 1.98% to $ 390.41. , SOL was trading at $ 89.79, up 2.43%, and Polkadot (DOT) was up 3.56% at $ 15.40.
The biggest price increase today was MetaPay (METAPAY), which rose 536% to $ 0.000003658. The biggest loser was NINJAINU (NINJA), down 87.88% to $ 0.000001349.
Meme coin and DeFi prices
Dogecoin (DOGE) rose 1.65% to $ 0.1323. The ratio of volume to market capitalization is 0.05134. Rival Shiba Inu (SHIB) rose 4.49% to $ 0.00002143.
Dogelon Mars (ELON) rose 0.04% to trade at $ 0.0000009193 and Samoyed Coin (SAMO) rose 0.75 cents to trade at $ 0.00001513. However, Floki Inu (FLOKI) fell 3.54% to $ 0.00001513.
In the DeFi segment, YFI (yearn.finance) rose 3.42% to $ 17,186.07, Terra (LUNA) rose 4.58% to $ 83.06, Avalanche (AVAX) rose 1.28% to $ 59.02, and Uniswap (UNI). It was up 3.48% to trade at $ 7.04 and Aave (AAVE) was up 1.7% to trade at $ 146.14.
For the past 3 years @inretafo We have been working on the designation of next-generation (hybrid) public key cryptography (PKE). The result is hybrid public key encryption (#HPKE), Published today as RFC9180. https://t.co/LrPqiu2oXb
— Cloudflare (@Cloudflare) February 24, 2022
Latest update
According to Ethereum data, Ethereum users pay about 64,000 ETH (equivalent to $ 175 million) in gas charges. “This is the largest NFT mint in history and will multiply, but the gas used during the mint shows that demand far exceeds anyone’s expectations. This mint scale Etherscan crashed because it was so big. I’m sorry to turn off the Ethereum lights for a while, “Yuga Labs reported to Cointelegraph.
Cloudflare said in a blog post that the latest hacking incident involving crypto companies is one of the largest HTTP SDDoS attacks on record. At peak times, the number of requests per second (rps) on the server was reduced by 15.3 million. He also said that this was a costly hack because it involved HTTPS cryptographic hacking, and the hacker required significant computational resources to disconnect the Transport Layer Security (TLS) cryptographic connection.
