The Largest Crypto Hack, Bitcoin Volatility, and Azuki Airdrop: This Week’s Crypto Recap

One of the most popular NFT series – Azuki – also airdropped additional NFTs to its holders while the anticipation and hype more or less doubled its value.

Bitcoin was trading at around $44K this time last week, but it didn’t take a lot for the cryptocurrency to start moving higher.

Solana managed to increase by a whopping 26% on news of OpenSea integration, whereas LUNA is up 10.9% as Do Kwon doesn’t seem keen on halting the Bitcoin buys.

Meanwhile, Axie Infinity’s Ronin bridge got exploited for a whopping $600 million.

Stepping into the realm of NFTs this week, it was the Azuki collection that stole the show and outperformed all others in terms of both floor price increase and overall volume.

MicroStrategy to Buy More BTC Following $205M Bitcoin-Collaterized Loan From Silvergate.

The institution believes that the total addressable market for it would be between $8 trillion and $13 trillion by 2030.

The world’s largest marketplace for non-fungible tokens, OpenSea, teased that they will be integrating Solana next.

Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping.

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