That's Your Lot-Crypto News Round Up, Feb. 15th
It's been a while...... https://www.youtube.com/watch/araU0fZj6oQ In the burgeoning Crypto Art space, graphic designer David Rudnick sold a Valentine's Day NFT for nearly $20k. Rudnick sold the piece on Zora- a "marketplace to buy, sell and trade limited-edition goods" which is well worth checking out for anyone interested in NFTs. https://decrypt.co/57782/david-rudnick-nft https://store.zora.co/introducing-zora Crypto enthusiasts and bag holders were feeling the love over the Valentines Day weekend as both Bitcoin and Ethereum recorded new all time highs. Bitcoin flirted with the $50k target while earlier on in the weekend Ethereum broke past $1,800. Both assets and the market in general has corrected since but overall things continue to look positive for crypto in 2021. https://decrypt.co/57729/market-corrects-after-bitcoin-ethereum-break-records In other record breaking news, bitcoin miners recorded $354 million in revenue last week which breaks the previous record from 2017. https://www.coindesk.com/bitcoin-mining-record-weekly-revenue-price It wasn't all happy news however as apparently more than $1.87 billion was liquidated in the futures market as a result of bitcoin not breaking the $50k target. https://www.theblockcrypto.com/linked/94849/bitcoin-price-sunday-futures-liquidations Institutional adoption of crypto continues to accelerate worldwide. Japanese firm SBI is looking to make crypto a core revenue stream. SBI are reportedly in talks with foreign financial firms about a joint venture. SBI previously got involved in crypto lending and recently announced plans to add XRP to this service. https://www.coindesk.com/sbi-financial-firms-joint-cryptocurrency-venture-acquisitions https://www.coindesk.com/leading-japanese-financial-firm-sbi-holdings-rolls-out-crypto-lending-services UK crypto exchange EXMO was the victim of a DDoS attack, having previously been targeted back in December.The number of attacks reported on crypto exchanges recently coupled with numerous court cases for fraud is certainly worrying. https://www.coindesk.com/uk-crypto-exchange-exmo-offline-amid-ddos-attack Right, that's your lot. Have a great week. And remember if the weather is nice, try to get outside. https://www.youtube.com/watch?v=mVQpfoqsY8Q
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