Daily Market Update 12/11

Top Stories

SZN2 Updates

📣 Announcements:

• Earn XP through “Direct Minting” on Mintify

• Revealer 2.0, Blockaid integration, Custom Gas Presets, Site Actions

• Now supporting Valeria Games, SuperRare, Reservoir, and Zora listings

🎟️ Active Raffles:

NFT Market Recap

💰️ Notable Sales:

• 115 Ξ Autoglyphs (#113)

• 1,400 SOL Mad Lads (#764)

• 20 Ξ Pudgy Penguins (#490)

• 15.69 Ξ The Captainz (#6920)

• 2 Ξ Axie Infinity

🎉 Notable Mints (EST):

• 08:00 AM Space Nation – Enforcer Founder Edition Spaceship

• 11:00 AM Dominikus: ‘Æons’ on gmstudio

• 12:00 PM Valeria Trading Card Game: Booster Box / Founders Set

• 01:00 PM Short Stories by MAX CHADWICK

• 06:30 PM Rich Caldwell: ’12 Days of Art’ on Foundation

⬆️ Top by Volume:

• Lil Pudgys, floor of 1.1 Ξ (3% ▽)

• Pudgy Penguins, floor of 11.1 Ξ (9% ▽)

• Creepz By OVERLORD, floor of 3.1 Ξ (22% ▽)

⬆️ Top by Sales:

• Sugartown Oras, floor of 0.59 Ξ (54% ▲)

• BONIGO, floor of 0.04 Ξ (18% ▽)

• MetaTrustDAO, floor of 0.083 Ξ (74% ▲)

🪅 Biggest Winners:

• MetalCore Infantry Genesis, floor of 0.12 Ξ (244% ▲)

• Exosama, floor of 0.4 Ξ (111% ▲)

• ChronoForge Support Airships, floor of 0.29 Ξ (68% ▲)

Other News

Web3 & Blockchain:

• Pixelmon: confirms future $MON ecosystem token, details TBA

• Jack Butcher, Salvino Armati: collab for Oviators physical eyewear

• Immutable: to integrate Transak on/off-ramp payments for its zkEVM

• Novel Wallet: low-tech prototype book for Bitcoin private key backups

• TON Blockchain: slows to 1 TPS, millions in queue following Ordinals-inspired protocol launch

• KyberSwap Exploiter: moves $50M $HXA using “transfer from function”

• Lifinity, $700k $USDC: drained by arbitrage bot in IOC order bug

• Uranium Finance Hacker: may have cashed out via vintage MTG trading cards, ZachXBT reports

Crypto & Financial Markets:

• $ETH Bullish End-Jan. 2024 Options: 2 puts for every 10 calls

• Chainlink V0.2 Staking: pulls in $632M $LINK in 6 hours; rallies 12%

• Immutable $IMX: surges; Investment manager VanEck predicts within top 25 by marketcap following game releases

• Solana $BONK: flips $PEPE by market cap, third largest memecoin

• Marinade’s $MNDE: hits ATHs following $JTO airdrop; lower market cap, higher TVL, analysts debate premium

• YieldMax Indirect $MSTR Exposure: preps to offer a “synthetic covered call strategy”; largest publicly traded BItcoin holder

AI, Quantum & Emerging Tech:

• Avail fine-tuned GPT-4 model: can help scan documents, scripts, & save movie producers time

• OpenAI COO Lightcap: AI “can deliver substantive business change”, but cant do everything

• ChatGPT: passes clinical neurology exam with 85% score, future uses

• Mistral AI: secures $415M funding led by a16z, Lightspeed Ventures

• Google: praised, then accused of Gemini demo video being fake; execs claim its interactions were “shortened for brevity”

Government, Policy & Regulation:

• EU “Historic” Regulation Deal: governing use of AI in biometric surveillance, LLM systems, pre-market entry transparency

• DOJ: monitorship over Binance in new compliance obligations

• Crypto Provisions: dropped from must-pass military-funding bill

• US Lawmakers: legislation to counter crypto’s role in terrorism

• UK National Audit Office: FCA lacking specialist skills; slow response, action in crypto regulation

• Tether: freezes 41 wallets tied to sanctions, using Tornado Cash

Business, Corporate Strategy & Legal:

• Google: updates policy to allow US-based crypto trust ads from Jan.

• Microsoft UK Antitrust Probe: into OpenAI collab, non-voting board seat

• Nirvana Co-Founder & Bass Guitarist: Krist Novoselic led Microsoft shareholder proposal to reevaluate AI approach