In today’s crypto news, The first mainnet shadow fork of Ethereum went live yesterday as the developers of Ethereum continue their work to migrate to the proof-of-stake mechanism from proof-of-work. Read more on this crypto news below.
Uniswap lab, the parent company behind the decentralized finance (DeFi) platform Uniswap has launched a venture capital arm to start its investments in Web3 projects. Uniswap Labs Ventures is a new division that shall invest in companies working on Web3 across various stages. More on this crypto news is below.
NBA has decided to expand its metaverse presence. The documents indicate that NBA plans to convert trading cards, game tickets, programs, and other memorabilia into NFTs. Read detailed NFT news below.
Crypto Prices Today
| Price Trend | Price for April 13, 2022 | Percentage change |
| The global cryptocurrency market cap | $1,873,711,606,312 | 0.9% |
| The total crypto market volume | $91,948,105,044 | -11.2% |
| Bitcoin Price | $40,150.35 | 0.23% |
| Ethereum Price |
$3,059.66
|
1.70% |
*All prices are latest by 11:30 AM, 13 April 2022.
Top Gainers and Losers Today
Top 3 Crypto Gainers
| Cryptocurrency | Price (Latest by April 13, 2022) | Change in % |
| Shiba Inu (SHIB) | ₹0.0021 | 16.65% |
| ApeCoin (APE) | ₹962.78 | 9.18% |
| Compound (COMP) | ₹10,466.52 | 8.52% |
*All prices are latest by 11:30 AM, 13 April 2022.
Top 3 Crypto Losers
| Cryptocurrency | Price (Latest by April 13, 2022) | Change in % |
| Alpaca Finance (ALPACA) | ₹44.05 | 17.82% |
| Kyber Network (KNC) | ₹298.92 | 9.58% |
| Monero (XMR) | ₹18575.28 | 3.87% |
*All prices are latest by 11:30 AM, 13 April 2022.
Crypto News Global
Ethereum’s first Mainnet Shadow Fork goes live
The first mainnet shadow fork of Ethereum went live yesterday as the developers of Ethereum continue their work to migrate to the proof-of-stake mechanism from proof-of-work. According to Paritosh Jayanthi, an Ethereum Foundation Developer, the shadow fork is a way to stress-test the assumptions across the state growth and syncing. This shall also provide the developers a way to check whether the assumptions actually work on the existing testnet or not.
Read: Proof-of-work vs Proof-of-stake
Source: Coindesk
DeFi giant Uniswap launches venture arm to invest in various crypto companies
Uniswap lab, the parent company behind the decentralized finance (DeFi) platform Uniswap has launched a venture capital arm to start its investments in Web3 projects. Uniswap Labs Ventures is a new division that shall invest in companies working on Web3 across various stages.
The investments shall directly be made to the balance sheet of the company although the amount that shall be shared has not been disclosed yet. Uniswap has already invested in 11 companies across the Web3 ecosystem before coming up with this dedicated venture arm.
Read Uniswap vs PancakeSwap: A comparative analysis
Source: Techcrunch
Top NFT & Metaverse News today
NBA files trademark applications to create unique NFTs
NBA has decided to expand its metaverse presence. According to Josh Gerben, a trademark attorney, the league filed a trademark claim for the phrase “The ASSOCIATION” on April 6. The documents indicate that NBA plans to convert trading cards, game tickets, programs, and other memorabilia into NFTs.
It is no surprise to the NFT lovers as NBA Top Shots have been quite popular since their inception. The other details regarding this campaign are yet to be disclosed.
Read: How to build an NFT community| Step-by-Step guide
Source: DKnation
NEW COIN LISTING ON COINDCX
| New Coin | Market Cap | Circulating Supply |
| Coti (COTI) | ₹20,104,306,745 | 1.05B COTI |
| SuperFarm (SUPER) | ₹19,579,716,640 | 404,410,904.42 SUPER |
| XDC Network (XDC) | ₹51,057,501,935 | 12.31B XDC |
| Anchor Protocol (ANC) | ₹46,788,516,691 | 277,754,693.59 ANC |
| Stacks (STX) | ₹117,418,138,560 | 1.31B STX |
*All prices are latest by 11:30 AM April 13, 2022.*
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