The city of Chandler, located in Arizona (United States), is the latest city to offer cryptocurrencies as a payment option to its residents. This 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 city of Chandler, Arizona, is the latest to integrate cryptocurrencies into its payment methods. Chandler Deputy City Manager and Chief Financial Officer Dawn Lang reported that the American city is the latest to offer cryptocurrencies as a payment option to its residents. As the official explained, citizens of Chandler can now use Bitcoin (BTC), Ethereum (ETH) y Litecoin (LTC) to pay their utility bills.
Chandler will rely on a payment provider and Paypal to receive the payments. cryptocurrencies, and handle their conversion, to protect against market volatility. Likewise, City Councilman Mark Stewart pointed to the integration of these cryptocurrencies as payment methods in the city as an important fact to stay at the forefront of current development and innovation.
📍Terra Labs continues to accumulate bitcoins and adds another 2.943 BTC to its balance sheet. The company behind the Terra blockchain and UST stablecoin is becoming the new “Michael Saylor” of the crypto industry. It has now added another 2.943 bitcoins to its balance sheet, worth nearly $140 million.
In total, the Terra BTC address has 30.727,97 BTC (more than 1.447 billion dollars). Terra Labs' Bitcoin investment is part of its digital workplace strategy to ensure the parity of its decentralized stablecoin UST.
Cryptocurrencies and stablecoins
📍Ethereum Layer 2 gas consumption hits a new high this month. According to data from Dune Analytics, cited By Colin Wu, Ethereum Layer 2 gas consumption has hit a new monthly all-time high, surpassing 33.800 billion gas currently. The previous high was seen in November.
NFT and DeFi Markets
📍Azuki NFT collection sets new record at $1,4 million El NFT Azuki #9605 was recently sold for a total of 420,7 ETH, valued at over $1,4 million at the time of sale. The buyer, the collector known as “Bitcoin4Freedom” on Twitter, called Azuki #9605 the “crown jewel” of the popular crypto collection.
Currently, the minimum price of these NFTs is 18,69 ETH (about $63.580) on the NFT marketplace Opensea. The second most expensive NFT from the Azuki collection was sold in January this year for 120 ETH.
Cybersecurity
📍ApeCoin-related phishing on Twitter this week leads to the theft of 35 high-value NFTs, Elliptic reports. Blockchain forensics firm Elliptic reported that phishing attacks related to the launch of ApeCoin (APE) this week, from verified accounts on social media network Twitter, resulted in the theft of at least 35 NFTs, from valuable collections such as Bored Ape Yacht Club, Mutant Ape Yacht Club, and Bored Ape Kennel Club.
According to The Block, several verified Twitter accounts were hacked to post links about the launch of ApeCoin, which led to malicious websites, from where hackers could trick users into accessing their NFTs. Unsuspecting users who clicked on such links lost their assets. In total, the 35 NFTs stolen this week amount to nearly $900.000, the company said.
Elliptic also reported that, regarding the multi-million dollar hack of the Ronin Network, the attacker has begun laundering the stolen ETH through major cryptocurrency platforms.
Rules and Regulations
📍In Kyrgyzstan, a parliamentarian calls on the Central Bank to regulate cryptocurrencies and launch its own CBDC. MP Karim Khanjeza has suggested to the Central Bank of Kyrgyzstan to introduce a bill that would allow the country to legalize cryptocurrencies and issue its own national digital currency, called CBDC. The news is God according to the country's news agency, AKIpress News.
Continue reading: ApeCoin and 4 new cryptocurrencies join the Bit2Me wallet
