According to crypto asset market data website CoinGecko, the value of the NFT SOCKS tokens—each backed by a pair of Uniswap-branded socks that can be redeemed for the token—reached an all-time high of $92,763.27 on Feb. 16. At their highest, the 500 SOCKS had a market cap of about $28 million.
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Robinhood CEO Vlad Tenev faced some tough questions after cutting off GameStop buys—now congress is asking them again (Photo: CNN)Robinhood probably profited from traders ‘protesting with Dogecoin’
The exchange apparently became the world’s top Dogecoin holder thanks to its users investing in the coin
When Robinhood temporarily barred its retail customers from buying GameStop stocks, purportedly as a reaction to reddit’s r/WallStreetBets community buying it in an attempt to squeeze out the major hedge funds shorting the video game retailer’s stock, many decided that they would protest by buying Dogecoin instead. However, the plan may have backfired in a big way, according to blockchain analytics firm Elliptic’s chief scientist and co-founder, Tom Robinson.
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Bitwise Asset Management CIO Matt Hougan calls DeFi "the story of 2021" (Photo: Bitwise Asset Management)Bitwise launches DeFi Crypto Index Fund
Bitwise Asset Management’s new index fund includes nine decentralized finance cryptocurrencies, including Uniswap, Aave, and Maker
The new Bitwise DeFi Crypto Index Fund seeks to take advantage of the rapidly growing DeFi market, which is increasingly seen as a viable alternative to traditional finance, offering peer-to-peer financial services like loans and lending, decentralized exchanges, and derivatives, among others.
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Verge, PornHub’s first crypto, suffers 51% attack a half million blocks deep
Hackers reversed all the transactions processed on the Verge network in the last 200 days
“The past 200 days worth of $XVG transaction history just vanished," tweeted Coinmetrics network data product manager Lucas Nuzzi. "This is likely the deepest reorg that has ever taken place in a 'top 100' cryptocurrency.”
