Latest price and news from the crypto space
Latest price from our hand picked list of digital assets
 

The world’s largest company by revenue, Walmart, is letting customers buy bitcoin at dozens of its stores in the U.S. via bitcoin automated teller machines (ATM) that were installed at some of its locations.

Ethereum scalability solution Polygon has avoided an $850 million hack thanks to a white hat hacker who identified a critical vulnerability. The hacker was awarded $2 million as a bounty.

The Houston Firefighters’ Relief and Retirement Fund, which has $5.5 billion of assets, has invested $25 million in Bitcoin and Ether through the Bitcoin-focused subsidiary of asset manager Stone Ridge, NYDIG.

Axie Infinity Shards (AXS) are the governance token of the popular blockchain-based game Axie Infinity. The game was created by SkyMavis and allows players to earn income through non-fungible tokens (NFTs), by breeding, battling, and trading digital pets called Axies.

Sponsored: Buy bitcoin and 100+ cryptocurrencies with 20+ fiat currencies. New users can enjoy 0% credit/debit card fees on all crypto purchases made in their first 30 days. Join 10 million users and download the Crypto.com App now.

Top stories in the Crypto Roundup today:

  • Walmart Adds Bitcoin ATMs to Its Stores
  • Polygon Avoids $850 Million Hack
  • Houston Pension Fund Invests in Crypto
  • What are Axie Infinity Shards (AXS)?
  • Sponsored: Crypto.com - The World’s Fastest Growing Crypto App

 
24 hours chart of the price of BTC
 

Walmart Adds Bitcoin ATMs to Its Stores

 

The world’s largest company by revenue, Walmart, is letting customers buy bitcoin at dozens of its stores in the U.S. through bitcoin automated teller machines that were installed at some of its locations.

Molly Blakeman, Walmart’s communications director, was quoted saying:

“Coinstar, in partnership with Coinme, has launched a pilot that allows its customers to use cash to purchase bitcoin. There are 200 Coinstar kiosks located inside Walmart stores across the United States that are part of this pilot.”

The ability to buy bitcoin is enabled by cryptocurrency wallet and payment firm Coinme, which specializes in bitcoin ATMs. To buy BTC at Walmart, users have to set up a Coinme account and pass a know-you-customer (KYC) check. The ATMs charge a 4% fee on buying bitcoin and a 7% cash exchange fee.

 
Read More
 

Polygon Avoids $850 Million Hack

 

Ethereum scalability solution Polygon has avoided an $850 million hack thanks to a white hat hacker who identified a critical vulnerability. The hacker was awarded $2 million as a bounty.

According to the platform that hosts Polygon’s bug bounty program, Immunefi, this is the highest bounty ever paid in the decentralized finance (DeFi) space. The white hat hacker, Gerhard Wagner, found a problem in the Polygon Plasma Bridge allowing an attacker to exit their burn transaction from the bridge multiple times.

The Polygon Plasma Bridge ensures cross-communication between Polygon and Ethereum. According to a report, an attack launched with just $100,000 could have resulted in a loss of $22.3 million, or a combined total of $850 million in a full string of attacks.

The bug has since been fixed and no user funds were lost. The entire issue, from the bounty payout to deploying the fix on the network, was mitigated within one week.

 
Read More
 

Houston Pension Fund Invests in Crypto

 

The Houston Firefighters’ Relief and Retirement Fund, which has $5.5 billion of assets, has invested $25 million in Bitcoin and Ether through the Bitcoin-focused subsidiary of asset manager Stone Ridge, NYDIG.

The Chief Investment Officer for the fund, Ajit Singh, said:

“I see this as another tool to manage my risk. It has a positive expected return and it manages my risk. It has a low correlation to every other asset class.”

State and local government pension funds are a powerful investing force that oversees over $5.5 trillion in assets. Houston’s step follows two Virginia pension funds that first bought cryptoassets two years ago, and recently said they are ready to expand their investments by $50 million.

Singh noted he believes the cryptocurrency investment will pay off. Per his words, the fund has been studying cryptocurrencies to add to its portfolio for “quite some time,” and concluded it “became an asset class we could not ignore anymore.”

 
Read More
 

What are Axie Infinity Shards (AXS)?

 

Axie Infinity Shards (AXS) are the governance token of the popular blockchain-based game Axie Infinity. The game was created by SkyMavis and allows players to earn income through non-fungible tokens (NFTs), by breeding, battling, and trading digital pets called Axies.

Players need AXS tokens to trade Axies and can stake their coins to earn weekly rewards and participate in the protocol’s governance. New players have to buy at least three tokens, priced in ether, to truly participate in the game.

Each Axie is an NFT on its own with different attributes. These pets can enter battles to earn experience points and more. They can also be bred together to create new Axie NFTs with different attributes. These new Axies can then be used or sold on the Axie marketplace.

The Axie Infinity game was created back in 2018 by Sky Mavis, a firm co-founded by Trung Nguyen and Aleksander Larsen. In total, the Axie Infinity team now has 25 full-time employees actively working on improving the game.

 
Read More
 

Crypto.com - The World’s Fastest Growing Crypto App

Buy bitcoin and 100+ cryptocurrencies with 20+ fiat currencies. New users can enjoy 0% credit/debit card fees on all crypto purchases made in their first 30 days. Join 10 million users and download the Crypto.com App now.

 
Learn more here
 

Press Release

State of the Crypto by Top Tier Exchange Volume

Toplist 20 coins by top tier volume

Build your project with CoinDesk Data

 
social icon twitter social icon linkedin
 

Terms | Privacy

13 Charles II St, SW1Y 4QU

London, UK

This email may include advertisements by third parties. None of the advertised or promoted products and services have been verified or approved by us and this email is not any endorsement by us of the third party or of their products or services.

 
 
Download our App from the google play store
 
 
Download our App from the apple store