Leading Ethereum Layer-2 scaling platform Arbitrum is currently testing its "Nitro" upgrade, with a mainnet release to come if successful.
| | | 📈 30 Second Cryptocurrency Price Summary |
| Bitcoin price has not yet managed to break through resistance at $24,000, as price continues to hover just below the level. |
| Top-20 altcoins have mostly cooled off from their recovery rallies, as Ethereum drops 3%, XRP drops 2% and BNB stands out with a 7% gain. |
Top Stories for July 29, 2022 🔥 |
| Leading Ethereum Layer-2 scaling platform Arbitrum is currently testing its "Nitro" upgrade, with a mainnet release to come if successful. |
| Nitro is designed to increase transaction throughput and decrease costs on the platform, taking the platform to several times the Ethereum base layer's capacity. |
| Arbitrum currently ranks #1 in total value locked (TVL) for optimistic rollup scaling platforms, as well as #7 across all blockchains in crypto. |
| KuCoin has become the first major crypto exchange to offer NFT exchange-traded funds (ETFs), as it launches the products in partnership with Fracton Protocol. |
| The ERC-20 tokens in the ETFs each represent a 1/1,000,000 ownership in the underlying assets, enabling users to invest in expensive NFT collections at just a fraction of the cost required to buy an item outright. |
| Celsius users have been advised to be on the lookout for phishing scams, as the firm reveals some consumer information has been leaked in a third-party data breach. |
| According to Celsius, a list of user emails has been leaked by an employee at one of its messaging vendors, Customer.io. The number of emails leaked has not been disclosed. |
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