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Metamask Unveils Digital Asset Portfolio dApp - Top Crypto Updates

Metamask has launched a new beta decentralized application (dApp) for managing crypto and NFT portfolios. Other crypto updates include Bitcoin and Ethereum price movements, Binance's ETHW mining pool, Warner Music Group's partnership with OpenSea, and Meta opening NFT sharing on Instagram and Facebook to all US users.

By Cherian Varghese2 min read
Metamask Unveils Digital Asset Portfolio dApp - Top Crypto Updates
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Key takeaways

  • Metamask has launched a new beta decentralized application (dApp) for managing crypto and non-fungible token (NFT) portfolios on different platforms.
  • Bitcoin is currently trading at $19,530.66, an increase of 0.92% over the previous day, and Ethereum is up 1.37% over the last 24 hours to $1,339.76.
  • Crypto exchange Binance announced an Ethereum Proof-of-Work (ETHW) mining service for its users, leading to a 12% surge in ETHW over 24 hours.
  • Warner Music Group will partner with NFT marketplace OpenSea to accelerate its artists’ expansion into Web3.
  • Meta has launched NFT collectibles support for all Facebook and Instagram users in the United States.

Metamask unveils all-in-one digital asset portfolio dApp

Metamask has launched a new beta decentralized application (dApp) that serves as a one-stop shop for managing crypto and non-fungible token (NFT) portfolios on different platforms. Users can access this dApp by clicking the “Portfolio” link on their browser extension’s home screen to connect multiple accounts. The dApp is available on the browser extension and for mobile users as well.

Crypto prices today: Bitcoin up 1%, ETH rises 1.3%

Bitcoin is currently trading at $19,530.66, an increase of 0.92% over the previous day. Ethereum is up 1.37% over the last 24 hours to $1,339.76. Solana rose 2.45% to $34.11, while Cardano is trading higher by 1.32% at $0.436. Avalanche (AVAX) rose 1.2% to $17.38. The global crypto market cap stands at $944.04 billion, a 0.72% increase over the previous day.

ETHW surges as Binance launches Ethereum Proof-of-Work mining pool

Crypto exchange Binance announced an Ethereum Proof-of-Work (ETHW) mining service for its users. Those who take part in the pool will not be charged a fell until October 29. Following this news, ETHW (the new asset born out of Ethereum’s merge earlier this month) surged 12% over 24 hours.

Mining pools are formed when groups of crypto miners want to share resources to allow other miners to work with them and collectively have a better chance of processing a transaction.

Warner Music Group partners with OpenSea

Warner Music Group will partner with NFT marketplace OpenSea to accelerate its artists’ expansion into Web3. The collaboration will grant Warner Music artists early access to new OpenSea products, improved discoverability on the NFT marketplace, and featured portions of the OpenSea site for upcoming NFT projects.

Meta opens NFT sharing on Instagram, FB to all US users

Meta has launched NFT collectibles support for all Facebook and Instagram users in the United States. Users can now connect wallets from Coinbase, Dapper Labs, MetaMask, Rainbow, and Trust with Instagram to post digital collectibles minted on Ethereum, Polygon, and Flow. Insta users can also crosspost their NFTs to their Facebook accounts.

Frequently asked questions

What is Metamask's new dApp?

Metamask's new dApp is a beta decentralized application that serves as a one-stop shop for managing crypto and non-fungible token (NFT) portfolios on different platforms.

What is the current price of Bitcoin?

Bitcoin is currently trading at $19,530.66.

What is the current price of Ethereum?

Ethereum is currently trading at $1,339.76.

Which companies are partnering for Web3 expansion?

Warner Music Group will partner with NFT marketplace OpenSea to accelerate its artists’ expansion into Web3.

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