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Twitter chief Elon Musk caused a non-fungible token to skyrocket on Wednesday after he tweeted it to his nearly 140 million followers. Musk tweeted a Milady NFT meme, which has since gained popularity. Musk tweeted about the photo, saying, “No meme.” “I love you.” Milady Maker is a collection of 10,000 NFTS profiles, according to OpenSea Marketplace. The NFTs focused on cartoon characters, priced at around 5 ETH a piece as of Wednesday afternoon. The NFT style is “inspired by the Japanese Y2K subculture,” according to their website. The previous day, NFTs traded close to 3 ETH and almost double…
Bankrupt cryptocurrency finance company Celsius Network LLC has selected Fahrenheit as the winning bidder, which will provide the capital and team to operate the new company. Fahrenheit, which includes a group of cryptocurrency companies, was selected as the winning bidder on Thursday morning, according to a press release. The Blockchain Recovery Investment Consortium (BRIC) has been selected as a preliminary bid. The official committee of Celsius unsecured creditors tweeted, “The committee thanks Celsius and the bidders for their efforts in creating tremendous value for Celsius users.” Celsius filed for bankruptcy last July, and New York regulators subsequently accused former Celsius…
Demand for ETH reserves has increased since the Shanghai update was implemented on the Ethereum mainnet a month ago. This allows Ethereum validators to withdraw all or part of their holdings of Ether (ETH) tokens from their original smart contract. According to wenmerge.com, the wait time for an ETH holder to join Ethereum’s network as a new validator is 27 days and over 7 hours for him, and he has 50,398 potential validators in the queue. increase. An Ether holder can earn a 4-5% yield on her through token staking by setting up as a network validator. ETH staking has…