Cameo will be launching NFT passes on Ethereum to offer fans limited artwork and early access to exclusive events and new in-app features. This and more news can be found in this handy daily digest so you're always up to date with the latest developments in the crypto world.
Cryptocurrencies and altcoins
📍While the price of major cryptocurrencies is in the red, other altcoins are up 20% in the last few hours. The price of Quant (QNT), Cosmos (ATOM), Iota (MIOTA), Hereda (HBAR), MakerDAO (MKR), Nexo (NEXO), Terra (LUNA) and Ethereum Classic (ETC), has recovered between 4,3% and 23,3% in the last 24 hours, according to data from the CoinGecko monitoring platform. In the last week, the altcoins The fastest growing are QNT, MKR and TXZ. NFT and Metaverse tokens, such as Decentraland (MANA) y The Sandbox (SAND), more than 17% have been recovered in this period.
Source: CoinGecko
NFT and DeFi Markets
📍Cameo, an app for trading messages and videos from celebrities and influencers, is entering the world of NFTs. Chicago (USA) unicorn Cameo will launch a membership pass, called Cameo Pass, as NFT in the blockchain de Ethereum. With this pass, fans of the app and talent will be able to access a series of exclusive benefits, as reported by World Business Chicago. Cameo Pass will provide its holders with limited-release artwork and early access to exclusive events and new features of the app.
Cameo NFTs will be traded on February 17 on the Opensea NFT marketplace for 0,2 ethers.
📍Yuga Labs could sell a multi-million-pound stake in a new round of capital, the Financial Times reported. The developer of Bored Ape Yacht Club, one of the most successful NFT collections of all time, is in talks with Andreessen Horowitz (a16z) for a new round of funding, reported people familiar with the matter told the Financial Times. While the talks are internal and there is no guarantee of a deal, Yuga Labs could sell a multi-million-dollar stake in the new round, the publication said.
📍Disney is looking at NFTs and is looking for talent with experience in this sector of the crypto industry. The world's largest American media and entertainment conglomerate is looking for NFT talent, the company announced via the Disney Careers employment section.
Four are displayed on the portal job offers related to NFTs. The latest of these was published this week. Disney is looking for a Business Development Manager to create new digital experiences related to the technology sector, specifically the NFT space. The company has also published offers for a sales director, cultural trends manager, and an intern. Knowledge of NFTs, cryptocurrencies, and blockchain technology is among the special qualifications that Disney is requesting for these positions.
At the beginning of January, Disney announced its plans to create its own Metaverse for its theme parks.
Miners
📍Galaxy Digital's Sustainability Program will contribute to efficient energy use in Bitcoin mining. Galaxy Digital, the Bitcoin mining and financial services company, he presented a new sustainability program, which will focus on improving its energy consumption, integrating sustainable practices and promoting a new culture that helps minimize its environmental footprint. The firm, led by Michael Novogratz, said that with its new plan it will make its line of business, Bitcoin mining, a more sustainable and environmentally efficient activity.
“Bitcoin mining is one of our business lines and a key element of our business strategy, it is the supply of sustainable energy”, Galaxy Digital said.
According to the program, Galaxy Digital will make its mining operations up to 80% more efficient and sustainable. Galaxy Digital is a founding member of the Bitcoin Mining Council, which also includes MicroStrategy, Marathon Patent Group, Riot Blockchain, Hive, Hut 8, among others.
Cybersecurity
📍Solana’s interoperability protocol, Wormhole, is now live. As reported by the developers of Wormhole, the interoperability bridge between Solana and other blockchain networks such as Ethereum and BSC, all funds stolen by a hacker were restored this week. In total, the protocol lost 120.000 wETH worth $323 million during the attack. The return of the stolen funds to the protocol was made by the venture capital firm Jump Crypto, which owns the developer of Wormhole.
On Twitter, Wormhole developers said the vulnerability has been patched and that they will soon publish a detailed report on what happened.
Continue reading: Japan's digital asset regulator may ease its regulations for listing new tokens
