Crypto digest for August 4
Here is what has happened to the cryptosphere in recent weeks. We bring to your attention 3 news about the Cardano blockchain, NFT trading volume, as well as the state of affairs in the mining company Riot Blockchain.
The popularity of the Cardano (ADA) network is growing
The fast and highly scalable Cardano blockchain with the Vasil hard fork on the horizon is growing in popularity. There are already 3,000 smart contacts on the Plutus Scripts smart contract platform based on this network.
Secondary NFT trading volume fell in July
According to CryptoSlam, NFT trading volume on the secondary market in July fell by 26% compared to June. In dollar terms, all sales totaled $647.2 million.
The number of unique buyers has also been falling for 3 consecutive months. In May there were 694,850, in June - already 574,133, and in July - only 532,378.
Riot Blockchain Reduced Energy Consumption During Mining By 28%
A bitcoin miner is working in Texas, which has been suffering from a heat wave this summer. The result of the voluntary stop of part of the mining capacities was a decrease in BTC production. In July 2022, fewer bitcoins were mined (318 BTC) than in the same period last year (443 BTC).
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