Snoop Dogg has apparently teamed up with Clay Nation to sell some of his unreleased music and limited-edition products on the Cardano (ADA) network as non-fungible tokens (NFTs).
In other news, Ethereum’s (ETH) decentralised finance (DeFi) ecosystem has been hacked again, resulting in a $15 million loss for investors. This hack was aimed against Inverse Finance, an Ethereum blockchain-based DeFi system.
At 8.50 a.m., the global crypto market cap had risen by 1.05 percent to $2.15 trillion. According to Coinmarketcap data, worldwide crypto volume fell 13.51 percent to $94.5 billion.
“Bitcoin crossed $47,300 over the weekend and has slightly retraced to about $46,000. Ether and other major altcoins are in the green,” says Gaurav Dahake, CEO and founder, Bitbns.
Prices of Cryptocurrencies
Bitcoin (BTC), the world’s oldest cryptocurrency, was trading at $46,121.05 in the last 24 hours, up 0.48 percent.
ETH was also trading at $3,503.17, up 1.5 percent.
Cardano (ADA) was up 2.08 percent at $1.18, Algorand (ALGO) was up 0.91 percent at $0.9218, Binance Coin (BNB) was up 1.79 percent at $445.38, Solana (SOL) was up 1.32 percent at $136.94, and Polkadot (DOT) was up 0.98 percent at $22.97, among other significant coins.
Bitcoin Metaverse (BITMETA) was the top gainer today, up 2576.39 percent to $0.001016. TRVL (TRVL) was the worst performer, down 20.76 percent to $0.1578.
Prices For Meme Coins And DeFi
Dogecoin (DOGE) was trading at $0.1452, up 4.67 percent. It has a volume-to-market-cap ratio of 0.05865. Shiba Inu (SHIB), a competitor, was up 3.33 percent at $0.00002681.
Dogelon Mars (ELON) rose 1.25 percent to $0.000001024, while Floki Inu (FLOKI) rose 9.19 percent to $0.00003464. However, Samoyed Coin (SAMO) fell 9.01 percent to $0.0223.
YFI (yearn.finance) was up 5.15 percent in the DeFi category, trading at $24,338.23. Terra (LUNA), on the other hand, dropped 0.15 percent to $115.05. Avalanche (AVAX) increased 0.26 percent to $97.53, Uniswap (UNI) increased 0.81 percent to $11.80, and Aave (AAVE) increased 1.74 percent to $241.14.
Clay Nation tweeted, “It’s official: Snoop Dogg and Champ Medici will cooperate with Clay Nation to bring you legendary mementos, unreleased tracks, and limited edition pitches.”
“This morning, Inverse Finance’s money market, Anchor, was subjected to a capital-intensive manipulation of the INV/ETH price oracle on Sushiswap, resulting in a sharp rise in the price of INV, which subsequently enabled the attacker to borrow $15.6 million in DOLA, ETH, WBTC, & YFI,” according to a tweet from Inverse Finance, an Ethereum-based DeFi protocol.