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🪨 Here We Go Again: Pet Rock JPEGs on Bitcoin, Ethereum Sell for Over $100K On Friday, two separate on-chain images of illustrated rocks—one hosted on Ethereum as an NFT, the other inscribed on Bitcoin as an Ordinal—sold for six-figure respective sums on secondary markets. An NFT from the EtherRocks collection, EtherRock #95, traded hands this morning for 100 ETH, or just over $209,000. Just hours prior, an Ordinal from the visually identical Bitcoin Rock collection sold for 2.99 BTC, worth just over $111,000 at writing.

🟦 #2 What is Arbitrum? Arbitrum is developed by Offchain Labs, a US-based company focused on building scalability solutions on the Ethereum network. Offchain Labs was founded by Ed Felten, a professor of computer science at Princeton University and former deputy CTO (Chief Technology Officer) at the White House during President Obama’s administration. Along with his two partners, Steven Goldfeder, and Harry Kalodner, they published research results on Arbitrum technology in 2018.

🌭 Shiba Inu Shiboshi NFTs Appear On a Billboard in New York A massive integer billboard advertising the Shiba Inu cryptocurrency has appeared in New York City’s Times Square. “We will reach the moon soon”, referring to a famous phrase in the cryptocurrency realm.