πŸš€ Thor got Thanosed πŸ”¨

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    πŸš€ Thor got Thanosed πŸ”¨

    Ready to enjoy the weekend, Geckos?


    Have you ever dreamt of buying a Picasso's?


    Digital asset-focused Swiss Bank, Sygnum, has partnered with Artemundi to offer fractionalized ownership shares in Pablo Picasso's painting "Fillette au bΓ©ret".


    A wide range of investors can get exposure to the artwork through NFTs that represent ownership over the $3.68 million painting, which will be issued for $6,000 each.


    The original painting will not be sold and will be kept in a high-security facility.


    Sygnum Bank will sell the tokenized assets to sophisticated and institutional investors, with secondary trading taking place on SygnEx, the bank's digital asset trading platform.


    In today's news, Square to develop Bitcoin DeFi services, THORChain suffers a hack, and ShapeShift is shutting down.


    Read on!


    We have exciting news!

     

    We know how fast the DeFi space has been developing over the last year and as a result, our How to DeFi book was quickly outdated. That's why we've been working hard over the past five months to write not one, but TWO DeFi books! 

     

    After months of hustling, we are proud to introduce our newly published 'How to DeFi: Advanced' and an updated 'How to DeFi: Beginner' book πŸ’š

     

    How to DeFi: Beginner is still your friendly beginner guide to starting your DeFi journey with new updates including two new chapters on DEX Aggregators and Governance, updated protocols such as Maker and Uniswap, more protocol coverage including Aave, 1Inch, and more, as well as updated tutorials. 

     

    Meanwhile, How to DeFi: Advanced is for those who are ready to dive into the deep end. We've packed as much as we could to cover 10 different DeFi categories in 200 pages. Just some of the topics we've included are Algo-Stablecoins, Yield Aggregators, Fixed-Interest Rates, DeFi Index, and so much more!

     

    You can grab your copy right here!

    24h Hot Searches Worldwide πŸ‘€

    • THORchain                       (-18.4%)

    • Metahero                         (+25.3%)

    • Alien Worlds                    (-30.2%)

    • Smooth Love Potion       (-28.2%)

    • Axie Infinity                      (-21.9%)

    • Million                                (+0.9%)

    • My DeFi Pet                      (-24.8%)


    It'd be nice to practice trading crypto before jumping into the real thing. Oh, wait β€” that's exactly what you can do on eToro! Creating an account will give you immediate access to a $100k virtual portfolio. Analyze the market and follow top traders in our vast social community of crypto knowledge β€” all before spending a single dollar. 

    Discover the crypto trading platform trusted by millions. Download the app today.

    Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

    The Rise of Bitcoin dApps


    Square CEO Jack Dorsey has stated that the company is forming a new division dedicated to developing DeFi services for Bitcoin (BTC).


    Bitcoin currently lacks smart contract functionality, making it harder to compete with Ethereum-based DeFi (ETH) and its inter-operable 'Money Legos.'


    The new service is expected to rely on additional infrastructures like bridges and side chains to develop smart contracts.


    Cointelegraph

    Mjolnir has Cracked


    The THORChain (RUNE) network is still down after a multi-million-dollar breach in which the hacker stole $7.6 million worth of crypto assets.


    THORChain has since reassured users that the project's treasury is capable of compensating lost funds.


    The project is also preparing a proposal for the hacker to return the stolen assets in exchange for a bug bounty.


    Cointelegraph

    ShapeShift to be Dissolved


    ShapeShift founder Erik Voorhees announced today that he is shutting down the company and converting it into a DAO, citing "regulatory friction" as a reason.


    Voorhees will no longer be the CEO of ShapeShift, and his stake in the company will be reduced from 30% to 5% of the company's tokens (FOX).


    Existing employees will receive a compensation package in FOX tokens as well as a portion of the earnings from the sale of the company's assets over time.


    CoinDesk

    Axie Infinity's trading volume 131x Year-to-Date, signaling the explosive growth in its popularity.

    We are halfway through 2021 and our Q2 2021 Quarterly Cryptocurrency Report is now out!


    In our report, we observed that even though Axie Infinity (AXS) has been on the market for more than three years, its popularity held off until Q2 2021. 


    In May, players could migrate their Axies and trade freely on Axie Infinity's Ronin-based marketplace. Combined with a surge in the media's attention on its play-to-earn elements, Axie Infinity saw a 131x increase in just six months!


    Learn more about the state of the crypto market through our Q2 2021 Report 

    Hybrid PoW/PoS

     

    It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.

     

    Learn about other Crypto terms here

    Here are the top trending coins for this week!

    NFT of the Day πŸ–ΌοΈ

    The Birth of Snow White


    Artist: Estelle So

    Gallery: OpenSea

     

    Which apple is the most famous to you?
    The Garden of Eden's apple?
    The Judgement of Paris's apple?
    Isaac Newton's apple?
    William Tell's apple?
    Paul CΓ©zanne's apple?
    Or Steve Jobs' apple?
    I think of Snow White's apple first.
    Snow White almost lost her life because of the poisoned apple, but thanks to the apple, she meets the prince and leads a new life.

     

    Check out other NFTs on CoinGecko

    ___________________________________________________________________


    Submit your favorite NFTs here for a chance to be featured as our NFT of the Day!

    ____________________________________________________________________________________

    This NFT is is is one of the several featured at CryptoArt Week Asia (CAWA).  Showcasing more than 300 of Asia's biggest names in crypto art from 19 counties, and a week-long programme of curated exhibitions and events. CAWA runs from 9 to 17 July in Singapore, and also at various satellite locations throughout Asia.

    Track us everywhere.

    Stay connected with us.

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    and be rewarded with some CoinGecko goodies!



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