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Highlights
- Bitcoin is down just 0.42% at US$47,014
- STEPN is a Web3 lifestyle app with inbuilt Game-Fi and Social-Fi elements that rewards players through exercise by letting users earn tokens by walking, jogging, or running outdoors
- STEPN's GMT governance token has soared in value climbing over 100% in the past seven days
Bitcoin has remained steady overnight despite one of the biggest heists in crypto history where hackers absconded with over half a billion US dollars in cryptocurrency.
It was discovered yesterday that the Ronin Network, which acts as a bridge for transferring funds into and out of NFT gaming platform Axie Infinity’s token, Axie, was robbed of 173,600 in ether and 25.5 million in stablecoin USDC.
Despite this, Bitcoin actually is down just 0.42% at US$47,014.
Moving on to altcoin News now. STEPN's GMT governance token has soared in value climbing over 100% in the past seven days.
The platform itself is a Web3 lifestyle app with inbuilt Game-Fi and Social-Fi elements that rewards players through exercise by letting users earn tokens by walking, jogging, or running outdoors. The revolutionary platform hopes to push its users toward a healthier lifestyle.
STEPN has already amassed over 100,000 downloads on the Google Play store and over 144,000 followers on Twitter despite still being in the public beta phase.
The game currently runs on the popular Solana blockchain but says it plans to expand its decentralised wallet in the near future, to offer multi-chain asset deposits and withdrawals.
STEPN further saw gains overnight and currently trades at US$1.82.
Winners and Losers
Note: Growth from the 24 hours prior to 12:30pm AEDT
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