Daily Market Update 8/23

Top Stories

NFT Market Recap

💰️ Notable Sales:

• 61.00 Ξ CryptoPunks #4722

• 19.80 Ξ Otherdeed #57

• 10.10 Ξ Redacted Remilio Babies #1396

🎉 Notable Mints:

⬆️ Top by Volume:

• BAYC, floor of 23.45 Ξ (2% ▽)

• DeGods, floor of 3.49 Ξ (6% ▽)

• MAYC, floor of 4.5 Ξ (0.4% ▽)

⬆️ Top by Sales:

• DMX, floor of 0.007 Ξ (50% ▽)

• DeGods, floor of 3.49 Ξ (6% ▽)

• San FranTokyo Genesis Pass, floor of 0.079 Ξ (24% ▽)

🪅 Biggest Winners:

• Bored Milady Maker, floor of 0.095 Ξ (46% ▲)

• Ape Reunion, floor of 0.046 Ξ (45% ▲)

• BEEPLE - SPRING/SUMMER 2021, floor of 8.69 Ξ (45% ▲)

Other News

Web3

• The Doodles Community Council launches its Inkubator Phase 2

• Mercedes reveals “NXT Icons,” a collection reinterpreting Mercedes-Benz designs; “Maschine" holders get free claims

• The Weeknd and Binance will offer Souvenir and Tour NFTs for attendees and global fans

• Vinnie Hager’s new generative art collection, “Diary,” consists of 100 original drawings and comes with a claimable physical piece

• Rumble Kong partners with Web3-familiar game development studio Hermit Crab

Blockchain

• Starkware will open-source the “Magic Wand” of its zero-knowledge proof cryptography

• World Mobile, a decentralized wireless network, launches on Google Play for Australia, Canada, the UK, and the US

Finance

• Nodal Power raises $13M to continue converting methane gas produced by landfills into electricity to sell to local electricity grids and power its Bitcoin mining operation

Artificial Intelligence

• The Imperial College London partners with FluidAI to address issues in the digital asset market using AI

Government

• US District Court used Jurat’s on-chain enforcement tool to lock sanctioned individuals from accessing their accounts

• Thailand is threatening to block Facebook due to “cyber crooks”

• Cheongju authorities seek to seize crypto from anyone owning at least $750 in crypto taxes

Business

• Binance US moves to reenable its fiat onramp through a Moonpay partnership

• ONE Store and Polygon Labs partner for Web3 games and dApps in the platform’s global launch

• EDX Markets selects U.S. federally chartered crypto bank Anchorage Digital to provide custody for its upcoming clearinghouse

Legal

• Chinese official Xiao Yi sentenced to life in prison for illegitimately operating a $329M Bitcoin mining enterprise

• BlockFi is fighting FTX and 3AC's claim to billions in creditor funds

• SBF pleads not guilty to fraud and money laundering charges linked to the fall of FTX

• Atomic Wallet faces class-action lawsuit over major $100M breach

• Former OpenSea head of product sentenced to three months