Lost Children of Andromeda, an Ethereum NFT project, is based on Jason Michael Primrose’s self published book series. BeetsDAO has backed the project. It includes multiple NFT drops and a Discord metagame. There will also be token rewards for “read-to earn”.
The Terra LUNA/UST collapse has seen digital currency markets drop in value. On May 22, the crypto economy fell 6.93% to $1.356 trillion, and today it is $1.262 trillion. Despite all the market chaos, bitcoin’s market dominance increased to 43.8%, making it the most valuable cryptocurrency since October 30, 2021. Moreover, ethereum has lost its market dominance from 19.56% in April 16 to 17.
Three Republican senators introduced legislation to protect Americans against the “Authoritarian Digital Currencies Act.”
Kalush Orchestra, winners of the Eurovision Song Contest 2022 are selling an NFT to charity. The auction will run until May 28th on MetaHistory, the official Ukrainian charity NFT museum. The auction will accept both fiat and cryptocurrency bids (via Monobank), creating friendly competition to see which currency brings the most donations.
MetaMask will pay Asset Reality, a crypto detective company, to assist users who have fallen victim to a hacking attack against their wallets.
Hang Seng Indexes in China has created a new index that tracks the performance and metaverse-related businesses in China. According to the company, the index is calculated in real time and distributed at intervals of two seconds.
This decision was made during Wednesday’s budget voting session.
U.S. U.S. Senator Ted Cruz said he is “incredibly bullish on bitcoin” and buys the cryptocurrency every week for his portfolio. Senator Ted Cruz stated that cryptocurrency “will transform the world” and said that “uncontrolled, decentralized currency will be terrifying for those who want to control currency.
StarkWare, an Ethereum scaling project, has raised $100 million in Series A funding at a value of $8 billion. StarkWare CEO Urikolodny said that the project plans to expand its ecosystem. StarkWare concluded the round last week despite the market sentiment being sour by the Terra blockchain.
In the next few days, Terra’s new blockchain will be available. It also includes a new distribution system for LUNA tokens.
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