Top Crypto News today: Ethereum’s first mainnet shadow fork goes live

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.*