Ethereum’s consensus layer, Ethereum 2.0, has just surpassed 10 million ETH locked in its staking contract, representing over 8% of the available ETH in circulation on the market. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.

Cryptocurrencies and altcoins

📍‌Ethereum 2.0 has just surpassed 10 million ethers locked in its smart contract. The Ethereum 2.0 Beacon Chain shows that there are currently 10.386.350 ETH locked in the Ethereum staking network. This amount of ethers exceeds a value of $27.000 billion, based on the ETH unit price of $2.606. 

Ethereum 2.0 Beacon Chain Statistics.
Source: Ethereum Launchpad

The ethers locked in Ethereum 2.0 represent about 8,6% of the total supply of ETH available on the market. 

Bitcoin and Blockchain Adoption

📍‌A British company will build a Bitcoin mining center in Argentina by 2023. The FMI Minecraft Management capital company will invest 20 million dollars for the construction of a mining center Bitcoin in the province of Neuquén (Argentina), specifically in the Zapala Free Trade Zone. According to reported The company says that the area is adjacent to the Vaca Muerta oil field, one of the most important in the country, with an extension of more than 30 thousand kilometers. 

Currently, miners of cryptocurrencies, They are locating themselves in strategic areas, close to oil exploitation areas, to take advantage of associated gas as an alternative energy source. Initially, the Bitcoin mining center in the Zapala Free Trade Zone will operate with 30.000 ASIC miners.

📍‌Spanish ham company Navidul, which implements blockchain, receives ANICE award. Navidul has been awarded the ANICE prize for entrepreneurship, for implementing technology blockchain to ensure the traceability of food in the meat sector. 

NFT and DeFi Markets

📍‌Axie Infinity transactions accounted for nearly two-thirds of all NFT volume in 2021. The data revealed in the NFT annual market report NonFungible’s NFT data indicates that Axie Infinity NFT transactions dominated in 2021, accounting for nearly two-thirds of the total volume generated through NFTs last year. Second and third place go to sports NFT platform NBA Top Shot and gaming ecosystem Loot, respectively. 

The report highlights that “NFT” was named the word of the year in 2021. It also points out that the Metaverse and Blockchain gaming sector is gaining great traction in the face of digital collectibles. Axie Infinity became the most popular Play to Earn blockchain game in the entire industry, due to the unprecedented economic opportunities it offers its players. 

Development and Technology 

📍‌Nodle wins Polkadot's latest parachain auction. Nodle, the collaborative, decentralized Internet of Things (IoT) network powered by smartphones, has won the 7.528th parachain auction on the Polkadot scalability blockchain. This auction is the last of the second round of auctions conducted by the development team of this blockchain. In total, Nodle received 2,48 contributions from its community, which is equivalent to more than 42 million DOT, worth approximately $XNUMX million.

Nodle developers reported that the space gained on Polkadot will help the project and its NODL token to be interoperable with other decentralized applications built on this blockchain, as well as with other blockchain networks that connect to Polkadot's decentralized and scalable ecosystem. 

📍‌Microsoft offers support for the Astar Network incubation program. The tech giant reported which will support the protocol of DApps Astar Network, a multi-chain blockchain built on Polkadot, is to power its incubation program, designed to build and deploy the future of Web3. Microsoft will support selected technology projects in the Astar program with its expertise and access to its resources and tools, in order to help them grow and succeed in the global market.

Continue reading: The President of the United States signs executive order to regulate cryptocurrencies