Cryptocurrency Surge Leads to Coinbase App Crash, Aptos Sets Sights on Hong Kong, and Telegram Introduces TON Incentive Program
Bitcoin jumped and Coinbase’s app crashed, while Aptos eyes Hong Kong and Telegram rolls out rewards with TONWelcome to TechCrunch Crypto, formerly known as Chain Reaction.
This week in web3Crunching numbersThis week the crypto market was very hyped up as the two biggest cryptocurrencies by market capitalization, bitcoin and ether, both jumped about 23.6% and 18%, respectively, on the week, according to CoinMarketCap data.
The total crypto market cap increased 19.4% over a seven-day period to $2.34 trillion.
Our favorite ‘Crypto Twitter’ postICYMI, last week a lot of crypto people were tweeting about emails from Satoshi Nakamoto, the creator of Bitcoin.
In June 2022, Magic Eden raised $130 million in a Series B round that granted it unicorn status.
