We had a pretty rough weekend after Jerome Powell's Jackson Hole talk. The market decided to take risks and we saw Bitcoin drop below $20,000 and ETH to around $1,400. We saw a little bit of a rebound today. The most interesting thing happening in the crypto market recently is the NFT project DigiDaigaku, which saw its base price explode from ~3ETH to ~12ETH. Catalysts include this Friday’s $200 million funding round and airdrop. There have also been some dramatic and problematic reports about Mt.Gox and Ava Labs.
⛓ Crypto News:
- MtGox will not be distributing any tokens this week, next week or the week after that. Its currency withdrawal system has not yet been launched. For now, users can’t even transfer BTC and BCH.
- A website calling itself the “whistleblower” has sparked heated discussion in crypto circles by accusing Ava Labs of paying lawyers to hurt competitors and get regulators involved. Ava Labs responded to the accusation, calling it "conspiracy theory nonsense," and the whistleblower response called it false statements from unknown sources and illegally obtained, highly edited video clips that did not provide accurate contextual context for the conversation. .
- AntPool will not maintain customer assets on Ethereum after merger amid 'risk of censorship'
- Binance confirmed that it has frozen access to corporate accounts belonging to Tezos tool contributor "Baking Bad" due to requests from law enforcement.
- Grayscale said in a recent little-known filing: ZEC, ZEN and XLM are a security.
- SushiSwap lowers proposed salary for its 'executive chef' role after community backlash
- Coinbase Open to listing assets related to ETHPoW fork
- The Taliban is clamping down on cryptocurrencies as some citizens view them as a security of value Storage means
- FTX Sam Bankman-Fried denies plans to acquire Huobi
- Security warning ⚠️: Chromium-based browsers like Chrome, Brave, Edge allow websites to modify clipboard without user permission
- KuCoinWallet Bug hunter plans to release
- Polkadot Ecosystem Weekly Digest: Kylin Network Winning Polkadot’s 25th parachain auction, OAK Network partners with Gem, KILT will be moved to Polkadot by the end of September
- Nansen adds Sudoswap support
- Sui blockchain creator Mysten Labs encounters Discord hack
- Polkadot Parachain Moonbeam integrates cross-chain information transfer protocol LayerZero
- Google and Apple Ranked in the App Store Sweatcoin, a top three fitness app with 100 million users, will be launched on DAO
- PlutusDAO released on Maker - Release announcement: plvGLP
- Fantom blockchain launched an NFT market WigoMarket
- Solana launched the first zero-fee DEX - Tsunami
- one using tubby cats as collateral ETH lending protocol tubbysea goes online
- Stride announces economic model of token $ST a few weeks after launch
- Aptos introduces Proton testnet
- Influenceth TestNet is about to launch
- Stargaze V7 upgrade
- PolymerFi testnet v2 goes online on SecretNetwork testnet
- Shell v2 test The net is still running
Data:
- Nansen Smart Money Holdings Token Inflows and Outflows: Tracking What Whales Are Doing…
- Inflows: WETH ($29.7M), CETH ($17.6M), cbETH ($2.8M), LINK ($291k) ), aWETH_v2 ($247,000).
- Outflows: USDC ($17.6 million), WBTC ($9.3 million), USDT ($3.8 million), DAI ($1.1 million), aLINK_v2 (656k).
- Nansen Popular contracts:
- DigiDaigaku: 1896 ETH
- We Are ALL the SA: 1405 ETH
- Black Box: 584 ETH
- Commoners by Commonopoly: 496 ETH
- ENS: 372 ETH
NFT/Metaverse News:
- DigiDaigaku continues to be popular.The official tweet announced $200 million in financing and an airdrop coming this Friday
- Meta now allows you to issue NFTs and other digital collectibles on Facebook
- BarrelDAO launched an NFT series and sold out quickly. Enables are redeemable limited-edition Solana-themed beers
- Taco Bell and Metaverse platform Decentraland are teaming up to offer couples in the U.S. the chance to get married in the Metaverse realm
- Formula 1 files for 2023 Las Vegas Strip Grand Prix Trademarks, listing NFTs and cryptocurrencies among various potential goods and services offered
Capital Markets:
- Limit Break, the gaming company founded by Gabe Leydon, acquired a license last year from Buckley Ventures led a $200 million financing round. Other investors include Paradigm, FTX, CoinBase, etc.
- Fintech company Lightnet Group, the creator of a blockchain-based cross-border payments infrastructure, has secured a $50 million commitment from investment group LDA Capital.
- Solana ecosystem cash flow protocol Zebec closes $8.5 million in funding, with participation from Circle Ventures
- GammaX raises $4 million to launch cryptocurrency derivatives exchange on Ethereum Layer-2
- Cryptocurrency-based photo and video sharing social network Pixie Completed new round of financing from KuCoin Ventures
Encryption Big V’s remarks:
