Over the past seven days, X2Y2 generated $144.16 million worth of NFT sales compared to OpenSea’s $117.64 million, while Crawley Town F.C. is set to launch a tokenized third kit. Yuga Labs has finally broken its silence over the conspiracy theory that alleges the team embedded alt-right and Nazi memes/imagery into the artwork and branding behind the Bored Ape Yacht Club (BAYC). As Cointelegraph previously reported, the BAYC conspiracy theory was once again brought into the limelight on June 20 after YouTuber Philion published a video exploring the supposed evidence that artist Ryder Ripps initially compiled at the start of this year.In a Medium blog post shared via Twitter on June 25, Yuga Labs co-founder Gordon Goner said that the team finally decided to clear the air after the theory had gotten so much attention that one of their favorite podcasters was talking about it. “We’ve not responded in further detail to these allegations because frankly they are insanely far-fetched.”“That said, we woke up this morning to a podca///ster we respect talking about this conspiracy theory, and that was pretty surreal. Made us feel like it was time to come out and put an end to all this,” he added. In particular, Ryder Ripps alleged the BAYC NFT artwork featured racist caricatures of Black and Asian people, and the project’s logo and branding have several nods to certain Nazi symbology and language. The artist also made a BAYC derivative NFT collection called RR/BAYC as a satire and protest against Yuga Labs. While the team didn’t address all of the points outlined against the BAYC, it flat out denied the allegations that its logo was derived from the Nazi Totenkopf (skull and crossbones) symbol. It also reiterated that using Apes in the BAYC is a nod to crypto degens and not…

Learn to manage and run a Lightning node at a profit. Also, discover various Lightning Network problems and how to address them. What are the various Lightning Network problems?Routing fees, channels being fraudulently closed, the exposure of nodes to online theft and malicious attacks are a few problems with the Lightning Network.Routing fees are among the vital Lightning Network problems that are required to transfer payments between channels. However, nodes do not get any reward in return for facilitating payments. Also, fraudulent channel closure, which means one party closes the channel without notifying the other party, leading to offline transaction risk is another issue with the LN.To transmit and receive payments on Bitcoin’s Lightning Network, nodes must always be online, making their private keys susceptible to hacks, thefts and scams. However, cold storage can help prevent the loss of keys and users’ funds.Moreover, participants may be unable to retrieve their money back quickly enough if the payment channels become overloaded due to a malicious attack. Therefore, before investing in any projects, ensure that you conduct reasonable due diligence, such as assessing different blockchains and analyzing crypto tokens.How to operate a profitable lightning node?Lightning nodes search out the most efficient method for processing transactions. To be lucrative, you’ll need to set your own node’s charge low enough that you’re considered affordable by the network but high enough that it turned out to be one of the best ways to earn passive income with crypto.Running a node is more like art than a science because special care and attention are required for each channel. When assessing fees, traffic flow, which channels to open and close, and rebalancing, you need to look at how traffic moves and how much it costs to move the traffic by focusing on a more macro view over…

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This Week  SBF and Alameda step in to prevent crypto collapse contagionSam Bankman-Fried stated on June 20 that his firms Alameda Research and FTX would be stepping in to help companies with liquidity troubles amid the current bear market. Over the course of the week, Alameda dished out a loan of roughly $500 million to Voyager Digital, which is suffering from exposure to the potentially insolvent Three Arrows Capital, while FTX supplied BlockFi with $250 million worth of credit.  New video revives debate over Bored Ape Yacht Clubs alleged racist imageryYouTuber Philip Rusnack, known as Philion, published a video this week on Yuga Labs Bored Ape Yacht Club nonfungible token (NFT) project, arguing that the team has embedded alt-right inside jokes, Nazi imagery and racist caricatures of Black and Asian people in the artwork depicted in the tokenized avatars. Such a notion has been a long-running conspiracy theory in the NFT community, and while many people laugh it off, others take the supposed evidence as gospel.  Risky business: Celsius crisis and the hated accredited investor laws June 21, 2022 Soulbound Tokens: Social credit system or spark for global adoption? June 16, 2022 The trouble with automated market makers June 10, 2022 Thailands crypto islands: Working in paradise, Part 1 June 8, 2022 You can now clone NFTs as Mimics: Heres what that means May 31, 2022  Bitcoin dead Google searches hit new all-time highWith Bitcoin crashing back down to the lower $20,000s, Google searches for Bitcoin dead spiked in the week of Friday, June 18, and hit some of the…