Daily Market Update 11/22

Top Stories

SZN2 Updates

📣 Announcements:

• Earn XP through “Direct Minting” on Mintify

• Progressive raffle roll-outs throughout the SZN

• Increased Daily Seasonal XP Limit: 100 XP → 1,000 XP

• XPStore rewards entry limits; optimizing for overall fairness

🎟️ Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 54.1 Ξ BAYC #9169

• 20 Ξ MoonCat #2882

• 11 Ξ Pudgy Penguin #4710

🎉 Notable Mints:

• 09:00 AM Alpha Centauri Kid: ‘Warothy’ on Avant Arte

• 09:00 AM Velocity Series 4 by Jack Butcher (SIGNATURE)

• 11:00 AM MICHAEL HAFFTKA: ‘Three Legs Explosion’ on Noble Gallery

• 11:00 AM Meme Card #169: ‘Concrete Dreams’ by Dylan Wade

• 11:59 AM R1b2: ‘Circle Of Life’ on Alba.art

• 12:00 PM Shadow War: Agents

• 01:00 PM Olga Fradina: ‘Naïve’ on ArtBlocks

⬆️ Top by Volume:

• BAYC, floor of 26.4 Ξ (4% ▽)

• DeGods, floor of 3 Ξ (2% ▽)

• Yogapetz, floor of 0.5 Ξ (15% ▲)

⬆️ Top by Sales:

• Seekers Of Paragon, floor of 0.033 Ξ (144% ▲)

• Together, floor of 0.012 Ξ (28% ▽)

• Sofa Vision, floor of 0.1 Ξ (13% ▽)

🪅 Biggest Winners:

• Chameleon Travel Club, floor of 0.28 Ξ (57% ▲)

• WADE Friends & Family, floor of 0.87 Ξ (24% ▲)

• ChronoForge, floor of 0.18 Ξ (20% ▲)

Other News

Web3

• Animoca, Ubisoft: partner to bring Champions Tactics™ Grimoria Chronicles into the Mocaverse

• Aragon DAO: to allocate 300k $USDC for legal action against founders

• Sam Altman: Worldcoin involvement reportedly unchanged

Blockchain

• Circle: publishes “bridged USDC standard;” unofficially deployed bridged USDC can later become native and official

• Uranium-backed Uranium3o8: launch to disrupt highly-regulated heavy metals market; “strict compliance protocol” to redeem physical

• Easy Crypto, Labrys: launch NZ dollar stablecoin $NZDD, backed 1:1 by cash in trust, regulated by NZ FMA

Finance

• Mt. Gox creditors: reportedly receive email hinting at soon-to-come repayments; Mt. Gox trustee holds nearly $5B $BTC

• $BNB, wider market: fumbles 5-month highs; high volume amid Binance, DOJ settlement

• Privy: secures $18M Series A funding led by Paradigm to make building crypto apps easier, more accessible

• CoinGecko: acquires Zash to bolster its API service

Artificial Intelligence

• OpenAI: reinstates Sam Altman as CEO, Greg Brockman to return, new board to be appointed

• Microsoft, Salesforce, others: offer to match OpenAI employee positions

• Anthropic: launches Claude 2.1, offering 200k-token context window amid recent Google partnership and uncertainty at OpenAI

Government

• Grayscale, SEC: meet to discuss spot Bitcoin ETF details

Business

• Cruise (GM) CEO: resigns following the suspension of its driverless testing permit, safety incidents, operational setbacks

• Apple CEO Tim Cook: optimistic for future of AI, life changing and limitless possibilities but needs regulations to prevent misuse

• Zeal wallet: led by former Revolut employees aims to solve wallet security issues

• Coinbase CEO: says Binance charges prove “following the rules” was the right decision, team believes in “the rule of law”

• Phoenix Group: says its IPO on the ADX was 33 times oversubscribed

Legal

• Binance, DOJ: $4.3B settlement; Binance to exit US, CZ to step down and plead guilty to AML violations; Richard Teng named CEO

• Binance, CFTC: agree to $2.85B settlement; adding to DOJ fines

• CZ: released on $175M bond, must return before sentencing

• Britannia Financial: Tether partner reportedly sued over $1B deposit, failed to pay full price of revenue-generating assets

• Genesis: sues Gemini over $689M of preferential transfers

• OpenAI, Microsoft: sued for unauthorized use of authors’ work, copyrighted material