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Crypto Market Highlights October 1, 2022

Crypto Market Highlights News Of The Day

MicroStrategy Is Experimenting With Bitcoin And Building SaaS Platform Using The Lightning Network

As the company looks for a bitcoin lightning developer, MicroStrategy seems to be doing more than merely holding bitcoin. For more specific information, you can read the article below:

https://news.coincu.com/129587-microstrategy-is-experimenting-with-bitcoin/

Opensea Encountered Technical Error, All Azuki NFT Orders Canceled

OpenSea has delisted all market orders for the NFT project Azuki. The NFT project contacted Opensea and said it was a technical error. Now that the problem has been fixed, transactions with Azuki NFT have taken place normally. For more specific information, you can read the article below:

https://news.coincu.com/129589-opensea-error-all-azuki-nft-orders-canceled/

Olympus DAO: ‘Say Bye To High APY’

In order to make the system more viable, Olympus DAO has reduced the OHM token’s yearly percentage staking reward to 7.35%. The benefits were lowered when the DAO accepted OIP-119, a governance proposal. For more specific information, you can read the article below:

https://news.coincu.com/129647-olympus-dao-say-bye-to-high-apy/

Solana Continues Having Another Outage

According to Solana statistics, a misconfigured node led the Solana network to cease processing transactions and go down on Friday, the fifth significant outage for the popular blockchain since January, when it had a spate of partial outages throughout most of that month. For more specific information, you can read the article below:

https://news.coincu.com/129695-solana-continues-outage/

FTX Spends Only $51 Million In Cash For Voyager Assets

FTX’s winning bid of $1.4 billion for the collapsed crypto business Voyager Digital was revealed earlier this week, however, court papers show that the cash paid for the firm itself is far less substantial, at $51 million. For more specific information, you can read the article below:

https://news.coincu.com/129746-ftx-spends-only-51-million-for-voyager/

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.