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Miami Teaming Up With TIME, Mastercard and Salesforce to Launch 5,000 NFTs

Miami Mayor Francis Suarez is planning to launch 5,000 Ethereum NFTs in collaboration with TIME, Mastercard and Salesforce. The collection will be designed by 56 local artists, “representing the city’s 56 square mile area,” according to the city’s press release. “The Hash” panel discusses how the plan could expand Web3 adoption.

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Bitcoin Back Above $23,000 Ethereum on a Tear

Crypto analysts say it’s time to look beyond the Fed after the second consecutive interest rate raise. In the meantime, ETH is up strongly after tenth shadow fork goes live ahead of the merge in September.

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Ether Futures See $230M in Liquidations as Merge Pushes ETH to $1.5K

GlobalBlock CEO Rufus Round discusses his crypto markets analysis as futures tracking ether (ETH) saw over $230 million in losses in the past 24 hours as buying pressure built up on the world’s second-largest crypto by market capitalization ahead of an essential catalyst in September.

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Ethereum Surges Ahead of Merge Event

Delphi Digital Markets Associate Jason Pagoulatos discusses the potential factors driving ETH's price higher as it surges roughly 12% in the last 24 hours ahead of its merge with the Beacon Chain to transition from proof-of-work to a proof-of-stake consensus model. Plus, the impact of China's slowing GDP growth on global finance and other macro headwinds to watch.

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Wobble in stETH's Price Shows Fear Celsius Might Dump $435M Stake

The discount on stETH, a derivative of ether, surged as the crypto lender reclaimed and then transferred almost 10% of the total supply of the token.

A key market metric known as the "stETH discount" suggests market speculation that Celsius Network might dump a big stake. (Creative Commons, modified by CoinDesk)

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Nansen Research: Terra Collapse Triggered StETH’s Depeg

As the Three Arrows Capital (3AC) fiasco continues to ripple through the industry, staked ETH (stETH) has “depegged” from its prior one-to-one relationship with the spot market value of ether.

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Ukraine Sells Donated CryptoPunk NFT for $100K to Support War Effort

Ukraine has sold CryptoPunk #5364, the highly valued NFT it received as a donation in March during its fundraising campaign against Russia’s attacks. Alex Bornyakov, the country’s deputy minister of digital transformation, announced the sale in a tweet. The NFT was sold to an anonymous buyer for 90 ETH, worth roughly $100,000.

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Expensive NYC Building Listed on NFT Marketplace OpenSea

A New York City office building went on sale for $29 million, with the rights to purchase the property listed as a non-fungible token (NFT) on OpenSea. The listing’s price, however, was set in ether (ETH), which has plummeted over 40% since the start of June.

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