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- Daily Market Update 10/02
Daily Market Update 10/02
In Today’s Market Update, We Cover Amazon’s Newest Free NFTs, the 10-Year Anniversary of Ross Ulbricht’s Sentence, MoMA Embracing Web3, SBF’s Trial Calendar, and More.
Your #1 NFT, Crypto, and FinTech News Aggregator. Curated daily by our in-house team of analysts. Listen to our podcast on Spotify or Apple Music.
Top Stories
NFT Market Recap
💰️ Notable Sales:
58 Ξ CryptoPunks #1101
38 Ξ BAYC #38
11.5 Ξ Opepen Edition #6824
🎉 Notable Mints:
⬆️ Top by Volume:
⬆️ Top by Sales:
Sugartown Oras, floor of 0.28 Ξ (13% ▲)
FEWOCiOUS X FewoWorld: Fewos, floor of 0.14 Ξ (22% ▲)
🪅 Biggest Winners:
NFArcade Pass, floor of 0.15 Ξ (181% ▲)
Kitaro World, floor of 0.11 Ξ (45% ▲)
Velocity Series: Velocity Pass, floor of 1.86 Ξ (43% ▲)
⛓️ NFT Vol. by Blockchain (7D):
🪙 Top Tokens:
| 📊 Market Stats:
💹 Indices (Futures):
|
Other News
Web3
Amazon rolls out the third monthly pack of free Mojo Melee NFTs and in-game currency for Prime subscribers
Museum of Modern Art (MoMA) will launch a special collection of 15 artist-designed postcards on Oct. 3
Cool Cats initiates Round 2 of the Eternals Reveal
PROOF partners with Pace Gallery to bring Joy Division and Peter Saville to the blockchain on Oct. 9 and Oct. 11
VeeFriends partners with Gregorys Coffee to release Pumpkin Chai Lattes at all Gregorys Coffee locations throughout Oct.
Milady’s continue their descent as founders trade accusations in dueling lawsuits
Web3 remembers the 10-year anniversary of Silk Road founder Ross Ulbricht’s double life sentence in prison
ESET researchers reveal findings that the North Korean hacking collective, the Lazarus Group, is using a new “sophisticated” malware that is far more difficult to detect than its predecessor
Blockchain
ETH inflation rises for the first time since the Merge as network activity slows down and transaction fees drop
Polygon welcomes Google Cloud as a validator on the network
Circle launches its Perimeter Protocol smart contract codebase aiming to serve as an open-source foundation for tokenized credit markets
Solana’s TVL makes new ATHs for this year at $338.8M
Friend.tech revenue surges over 10k ETH as TVL breaches 30k ETH
Finance
OpenTrade rolls out a tokenized US Treasury bill pool for individual accredited investors, regulated institutions, companies, funds, and DAOs
FTX exploiter observed by Arkham Intelligence moving $8M of assets for the first time since last year
Bitwise’s ETH ETF will launch today, Oct. 2
Grayscale seeks to convert its ETH Trust to a Spot ETH ETF
$200M in $AXS, $OP, and $APT tokens will unlock this month
Bitcoin’s 2-month high triggered $100M in short position liquidations
Artificial Intelligence
Microsoft is forming a nuclear power team to advance its AI plans with Small Modular Reactors and microreactors
OpenAI silently integrated DALL-E 3 AI image generation in Bing
Mistral AI, a new open-source LLM, aims to deliver a fusion of power and accessibility while providing an alternative to ChatGPT, Claude AI, and Google Bard
Supermodel Naomi Campbell walked the Parison Fashion Week runway on Friday sporting the Humane AI pin, which the company set a Nov. 9 date for its official unveiling
Scientists from Quantinuum, research institute QuTech, and the University of Stuttgart achieved a crucial milestone of implementing a quantum error correction
Government
Rio de Janeiro, Goiás, and Paraná will be the first states to issue on-chain identification documents as Brazil prepares to roll out its blockchain-based national identity program
National Bank of Georgia is preparing a limited live CBDC pilot with Ripple Labs and nine other companies
House passes a 45-day funding bill that likely avoids a shutdown
Business
VanEck announces it will donate 10% of all ETH ETF profits to core devs
Michael Lewis claims SBF looked into paying Trump $5B not to run for president
Coinbase has secured a payment institution license in Singapore
VC firm Paradigm criticized the SEC for bypassing standard rulemaking procedures in its legal action against Binance
Legal
Do Kwon dismisses Slack chat discussions surrounding transaction manipulation to attract investors as taken out of context
Co-founder of the defunct 3AC hedge fund, Su Zhu, has been arrested in Singapore after attempting to leave the country
SEC alleges FTX’s former auditor, Prager Metis, committed hundreds of violations related to auditor independence
Public court docket published a newly released calendar for SBF’s trial
Legal experts say SBF has a few potential pathways to acquittal
Judge Lewis Kaplan says SBF cannot blame FTX’s lawyers for its collapse or operations in his opening statements
Federal prosecutors want to call former FTX customers, investors, and employees in its upcoming trial against SBF
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