The Oakland Athletics have held their first-ever Bitcoin ticket sale, selling an entire private suite for the season worth 1 BTC, valued at nearly $59.000. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
Bitcoin and Blockchain Adoption
📍The Oakland Athletics sell their first tickets for the entire season in Bitcoin. On Twitter, the sports presenter Raj Mathai The company noted that New York-based platform Voyager Digital LLC rented the team's first private suite for 1 BTC, as the Oakland Athletics had announced in mid-March.
This is the first time a major league sports team has offered its tickets in Bitcoin.
📍The mining difficulty Bitcoin network value hits new all-time high above $23 trillion, data shows data from BTC.com. As of today, the network difficulty is 23.137.439.666.472. Since the beginning of this year, Bitcoin's difficulty has grown by 15%. This metric is a feature of Bitcoin, which guarantees that the mining times of each block, approximately 10 minutes, are met according to its original design, regardless of the number of miners connected to the network and the hash power they add up to between them.
NFT and DeFi Markets
📍The NFTs continue to lead the crypto industry. Recently, a portrait of WikiLeaks founder Julian Assange sold for 1 BTC, valued at the time of this writing at almost $59.000 on the Scarce City platform.
📍The Weeknd, a well-known Canadian singer, will launch an exclusive NFT on Saturday, containing a single audio track available exclusively through the token. The Weeknd is following in the footsteps of several artists of his ilk, who have celebrated successful sales within this growing sector of the crypto industry.
On his Twitter, the artist said he was very excited about the launch of his first NFT on the Nifty Gateway marketplace.
CBDC and Central Banks
📍The CBDC DCash, promoted by the Eastern Caribbean Central Bank, entered into circulation this Thursday in the 4 countries that make up the Caribbean union. According to the Spanish President Pedro Sánchez’s announcement DCash is a digital currency that has been in development since 2019 for the Caribbean countries Antigua and Barbuda, Nevis and Saint Lucia, Grenada, and Saint Christopher. The launch of the digital currency was carried out by the governor of the central bank through several live platforms.
📍The Boston Federal Reserve announced The Fed is expected to have the code and a prototype of the digital dollar ready for public evaluation by the end of the year. The United States recently revealed that it is considering the development of a CBDC for the dollar as a high priority, given the popularity of cryptocurrencies and digital assets in society. The Fed also noted that it will take extreme care to ensure that the creation of this currency does not disrupt the functioning of its financial and banking system.
Development and Technology
📍The developers of ZKsync They hope to launch a scalability solution for Ethereum by August of this year, and bring this network to process about 20.000 transactions per second (TPS). The dream of the Ethereum crypto community and its developers is to guarantee low gas fees, which allow easy access to investors and users. For this, it is necessary to scale the network, to avoid congestion and therefore high fees, as Coin Metrics recently pointed out.
ZKsync presents its new version 2.0, which could arrive in August, and which presents a new holistic architecture that offers a combination of zkRollup and zkPorter accounts to scale the network, and make it much more suitable for the development of NFTs.
Cybersecurity
📍Coldcard Walleta whirlpool bath, hardware wallet for Bitcoin, appears to have a security vulnerability that can allow a person to steal the stored funds. An anonymous security researcher, known as LazyNinja, details that Secure Element (SE), an isolated chip integrated into the Coldcard MK3 model that stores the wallet's keywords, can be physically manipulated to forcibly access the wallet and the BTC stored within it.
LazyNinja assured that although it is a difficult vulnerability to exploit, requiring the physical presence of the device and a person with high knowledge, it is not impossible to do. In fact, LazyNinja published an example of how he managed to exploit this vulnerability, modifying the access PIN and setting a new key that allowed him to access the same wallet and control the available funds.
Regulations
📍The United States Internal Revenue Service (IRS) asks Circle Internet Finance hand over the private data of clients who carried out transactions with amounts greater than $20.000 in cryptocurrencies between 2016 and 2020. The tax entity has the support of a Massachusetts Court, which issued a order which requires Circle to provide its customers' information to the IRS, so that the entity can verify whether these customers are complying with their fiscal and tax obligations in the country.
Continue reading: 7.000 UK companies, including crypto, forced to report annual financial crimes by FCA