Earlier this month, Ethereum network participants upgraded and implemented the Arrow Glacier upgrade, which delayed the network’s transition to a Proof-of-Stake consensus algorithm. The network’s hashrate has since grown to a record high of 1 petahash.
Decentralized finance (DeFi) money market platform Aave has added a new market using real world assets instead of cryptocurrencies. Aave users are able to lend and borrow using cryptocurrencies, with rates adjusting based on market demand.
The South Korean government has moved to block the release of play-to-earn (P2E) games and asked both Apple and Google to remove existing ones from their app stores. P2E games have been seeing their popularity explode over the last few months.
NFTs have taken the world by storm this year. From the recent involvement of brands like Adidas and Nike, the cultural storm surrounding Bored Ape Yacht Club and CryptoPunks, growing volumes and much, much more. This week, we examine the biggest NFT collections and artists of 2021, in partnership with NFT data and discovery platform Masterpiece.
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Top stories in the Crypto Roundup today:
- Ethereum’s Hashrate Hits Record High of 1 Petahash
- Aave Launches Market for Real-World Assets
- Korean Government Orders App Stores to Drop P2E Games
- NFT Spotlight Biggest NFT Collections and Artists of 2021
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