CRYPTO investors saw Bitcoin and Shiba Inu recover some ground on Tuesday as a new “utility NFT” offers domain security for those with Ethereum and Polygon coin in their cryptocurrency wallets.
Bitcoin was up by 1.06% by the end of the day, putting the coin’s value at $42,541 after its massive crash in early 2022.
Over the last seven days, Shiba Inu has also struggled, but a 2.60% increase Tuesday put the coin back at $0.00002750, according to.
A new startup, Unstoppable Domains, will offer single sign-on service using NFT domains for Etherum and Polygon.
CoinDesk reports that the “Login with Unstoppable” service will allow users to create a unique username in the form of an NFT, which will work “like Google sign-in, without the snooping and with much more flexibility.”
Unstoppable Domains CEO Matthew Gould told the outlet, “We think NFT domains are a really great place for building digital identity.”
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Dogecoin spikes after Tesla news
Dogecoin saw a more than 20 percent jump after Elon Musk announced Tesla would start accepting it as payment.
He said in a Tweet that Tesla would allow purchases of some merchandise with Dogecoin and “see how it goes.”
Dogecoin went from a fraction of a penny in worth at the start of 2021 to a record-high price above 74 cents in May, CNBC reported.
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Fake websites and crypto
One fairly widespread scamming technique involves websites that appear to be a…