Daily Market Update 07/11

_{Your daily crypto and NFT recap brought to you every morning by the Mintify team. Questions or feedback? Feel free to email us at [email protected].}

Our Pick of Today’s Top News Articles

NFT Market Recap

💰️ Notable Sales:

• 42.069 Ξ Captainz #7433

• 40 Ξ Captainz #3948

• 1.7239 BTC Ordinal Maxi Biz (OMB) #56

🎉 Notable Mints:

🔊 Top by Volume:

• BAYC (1.06k Ξ) | floor of 34.48 Ξ (3% ▲)

• The Captainz (670 Ξ) | floor of 5.6 Ξ (1% ▽)

• MAYC (299 Ξ) | floor of 6.72 Ξ (1% ▲)

💨 Top by Sales:

• Fatzuki (2565) | floor of 0.07 Ξ (30% ▲)

• Superlotl By Inkbox (592) | floor of 0.0055 Ξ (45% ▽)

• INS1D3RS (348) | floor of 0.018 Ξ (10% ▽)

🫰 Biggest Winners:

• Anthony James - Platonic Solids | floor of 0.62 Ξ (149% ▲)

• Doomsday: Settlers Of The Wasteland | floor of 0.05 Ξ (68% ▲)

• QQL Mint Pass | floor of 6.75 Ξ (34% ▲)

In other news…

📰 Top Headlines:

Web3

• The next Starbucks Odyssey Journey Stamp will be "designed by Aku"

• Find Satoshi Labs, the startup behind Stepn, reveals plans to release an MMO called Gas Hero

Blockchain

• Algofi, the largest DeFi protocol on Algorand, will shut down

• Chainalysis: $130M Multichain exploit could be an inside job

• Arcadia Finance attacker used a reentrancy exploit to drain $450k; the team demands the return of funds and threatens police action

• Independent developers reveal a workaround service for tipping BTC on Damus

• Vitalik advocates for experimentation with BTC Layer-2 solutions

Finance

• Digital asset investment products have seen $500M inflows in the past three weeks, while exchange inflows are at a cycle low, indicating bullish interest is primarily from institutional investors

Government

• Brazil's CBDC pilot contains code to freeze and reduce funds, developer claims

Legal

• DOJ indicted a man for allegedly stealing $450k in crypto and NFTs through an OS spoofing scam