Blocknity

Cathie Wood’s investment management firm, ARK Invest, has sold $12 million worth of Coinbase (COIN) shares. Those who follow the cryptocurrency market closely have seen the news that ARK regularly invests in Coinbase stocks. The relative rise in the market in recent weeks has brought Coinbase shares to almost the highest levels of the year.

Royalty payments in the NFT space fell to the lowest in the past two years. Royalties for artists and developers in the NFT space continue to decline with the rise of platforms allowing optional royalty payments, such as Blur and OpenSea. NFT Royalty Fees Decline As CoinDesk noted, NFT royalty payments hit a two-year low in June. NFT royalty payments hit a record high in April 2022, according to a report from data analytics platform Nansen.

The floor price of the Bored Ape Yacht Club (BAYC) NFT collection fell below 30 ETH the other day. Users who follow the NFT space must have heard of the BAYC NFT collection. The NFT collection, in which many world-famous names have invested, is also one of the most followed collections on the leading NFT marketplace, OpenSea. However, there has been a severe decrease in the floor price of the collection recently.

South Korea’s National Assembly passed the “Virtual Asset User Protection Act.” Efforts continue to regulate the cryptocurrency market and industry globally. The priority of these efforts stands out as protecting users. South Korea’s Crypto Act South Korea’s National Assembly passed the “Virtual Asset User Protection Act” on Friday, the first step towards establishing a legal framework for digital assets in the country. The law will come into effect next year.

The NEAR Foundation, the organization behind the NEAR protocol, announced that it has partnered with Alibaba Cloud to accelerate Web3 development. The NEAR Foundation is the nonprofit behind NEAR, one of the leading blockchain protocols. The foundation continues to support activities to increase blockchain adoption globally. Recently, the foundation signed a cooperation with the global trade giant Alibaba.

World-famous sports club FC Barcelona has partnered with the NFT collection World of Women to launch a new digital collection item. Barcelona has partnered with the NFT collection and project World of Women to launch the second digital collector’s item in the ten-piece “Masterpiece” collection. FC Barcelona Collaborates with World of Women As CoinDesk points out, NFT titled “Empowerment” was created by World of Women artist Rhi Madeline.

The cryptocurrency market is struggling to catch a bullish mood again under the leadership of Bitcoin. According to CoinMarketCap data, the total value of the cryptocurrency market has increased by about 5% in the last 24 hours, reaching $1.18 trillion. The main factor that accelerated the rise in the market was the sudden price increase in BTC. Bitcoin Gains 20% This Week The leading cryptocurrency Bitcoin has gained 5% in the last 24 hours.

Blockchain security firm CertiK discovered a bug on Sui Network. This bug could cause the network to become the target of malicious attacks. CertiK is one of the blockchain industry’s leading security and auditing firms. The company’s latest audit on Sui Network has once again demonstrated how important security is in the blockchain and crypto space. Sui Foundations’ Awards to CertiK As CoinDesk stated, the security firm discovered a critical bug during its audits on the Sui Network.

Hebys, the world’s first NFT search engine and multi-chain marketplace, is launching its own token today. Hebys recently announced its agreement with GAMI Launchpad and stated that the first IDO of the $HEBYS token will occur on GAMI. As of the last day, the time given to meet the criteria for participation in the GAMI launchpad has been completed. Today, the launchpad will be finalized in two rounds.