Daily Market Update 8/11

In Today’s Market Update, We Cover Roblox Experimenting with AI, FingerprintsDAO X Larva Labs, SoFi on Proposed SEC Rules, Epic Games' App Store Request Denied, and More.

Author

Jake
August 11, 2023

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

Roblox is experimenting with AI game-building; it wants to let creators design games through prompts

SoFi Bank says there is "no assurance" of it meeting Federal Reserve crypto standards if the proposed SEC rules go into effect

FingerprintsDAO partners with Larva Labs to release the Voxelglyph membership NFT

Supreme Court Judge rejects Epic Games' request to loosen Apple App Store payment rules

NFT Market Recap

💰️ Notable Sales:
🎉 Notable Mints:

Parallel: BASE Starter Decks & Cardback

We are excited to announce that Parallel Starter Decks will be available as one of the first #OnchainSummer drops on BuildOnBase!

Starter Decks include 40 cards to get started playing and earning $PRIME with your favorite faction.

app.mintify.xyz/collection/parallel-base-starter-decks-cardback

Trigger by Jeremy Booth

Friday is going to be a wild ride thanks to alphadoggg_

“Trigger” Coming to Doggg Tag holders Friday, August 11th!

app.mintify.xyz/collection/trigger-by-jeremy-booth

🔊 Top by Volume:
💨 Top by Sales:
⛓️ NFT Volume by Blockchain:

  • ETH: $13.37M (45% ▲)

  • BTC: $382k (33% ▲)

  • SOL: $1.15M (33% ▽)

  • MATIC: $1.98M (16% ▽)

🪙 Top Tokens:

  • BTC: $29,434 (0.6% ▽)

  • ETH: $1,848 (0.6% ▽)

  • BNB: $240 (0.9% ▽)

  • XRP: $0.632 (0.5% ▽)

  • DOGE: $0.075 (0.6% ▽)

📊 Market Stats:

  • Global Crypto Market Cap: $1.18T

  • BTC Dominance: 50.43%

  • BTC OI: $10.07B

  • Fear & Greed: 51

💹 Indices:

  • DOW: $35,158 (0.1% ▽)

  • S&P500: $4,450 (0.4% ▽)

  • NASDAQ: $13,619 (0.8% ▽)

In other news…

📰 Top Headlines:
Web3

  • FingerprintsDAO partners with Larva Labs to release the Voxelglyph membership NFT

  • Jack Butcher's Infinity Checks contract was exploited and drained due to a bug, the team has taken responsibility, and all deposits will be refunded

  • Jack Butcher opens the Opepen opt-in window for his collab with Pudgy Penguins

  • Farm Girl café will drop a Web3 loyalty program granting free daily coffee (35 NFTs), daily Roll Babys (25 NFTs), and an exclusive tier of lifetime benefits (10 NFTs)

Blockchain
Finance

  • Gemini begins accepting XRP deposits (trading TBA)

  • Xverse raises $5M in a round led by Jump Crypto

Government

  • Chinese police begin monitoring Web3 and deep fake AI more closely amid heightened scams

  • India reveals plans for a native web browser that uses tokens to sign documents digitally

  • France updates its regulations for DASPs in anticipation of MiCA

Business

  • Supreme Court Judge rejects Epic Games' request to loosen Apple App Store payment rules

  • Roblox is experimenting with AI game-building; it wants to let creators design games through prompts

  • Solana drops its Saga smartphone price to $599

  • SoFi Bank says there is "no assurance" of it meeting Federal Reserve crypto standards if the proposed SEC rules go into effect

Legal

  • Argentina launches an investigation into the Worldcoin Foundation over data privacy

  • Bittrex has settled with the SEC, agreeing to pay a $24M fine for offering US investors access to unregistered securities

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