The global crypto market cap is $1.85T 2.10%▼ with a 24-hour market volume of $94.07B 4.89%▼. Bitcoin's dominance is currently 42.69% 0.05%▲. CURRENT PRICES BY MARKET CAP | # | Name | Price | 24h % | | 1 | Bitcoin BTC | $41,879.06 | 2.12% ▼ | | 2 | Ethereum ETH | $2,871.62 | 3.22% ▼ | | 3 | Cardano ADA | $2.08 | 4.04%▼ | | 4 | Binance Coin BNB | $338.01 | 0.16%▼ | | 5 | XRP XRP | $0.9165 | 1.38% ▼ | *Prices as of 5:15 p.m. ET.
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 A Chainalysis report found that central, northern, and western Europe (CNWE) ranked the highest in crypto adoption. Over $1T worth of digital assets was purchased in CNWE over the past year. More: - CNWE accounted for 25% of the total crypto market activity between July 2020 and June 2021.
- DeFi was reported to be the fastest-growing sub-sector in the area in terms of transaction volume.
- The U.K. was the largest crypto economy in CNWE with $170B in transactions.
- Just under 50% of crypto transactions in the U.K. were through DeFi protocols.
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 Facebook has announced a $50M fund for metaverse development. The XR Programs and Research Fund will fund internal and external projects and research over the next two years. More: - The announcement outlines Facebook’s plans to “responsibly” build the metaverse, including developments for privacy, economic opportunity, safety, and inclusion.
- Facebook will initially partner with several initiatives, including Women in Immersive Tech, Africa No Filter, the Organization of American States, and others.
- Independent international research on metaverse technology will be conducted by Seoul National University, the University of Hong Kong, the Centre of Technology, Howard University, and others.
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 A message from VOICE Introducing Voice: an NFT platform for emerging creators The NFT market surged to new highs in the Q2 of 2021, hitting $2.5 billion in sales so far this year. Yet even during its busiest time, there were fewer than 50k active participants - meaning there’s a long way to go before the technology hits the mainstream. (source) That’s because hurdles are high for creators looking to get involved. A steep learning curve and complex onboarding have kept the technological benefits of NFTs to a relatively small audience - until now. Introducing Voice, a carbon neutral NFT platform built specifically for emerging creators. The platform is environmentally friendly and has a clear path to becoming decentralized and portable. Voice is easy to use for both creators, who can mint for free, and collectors, who can use credit cards to purchase. The platform is being built with real-time feedback from both established curators and emerging creators. Voice believes that NFTs can change how we all share, collect and exchange ideas. Start minting today for free at Voice.com
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 🍋 Fresh Funding🍋 Angle Labs, DeFi/Stablecoins: $5M ⮕ The funding round was led by a16z and participated in by Fabric VC, Wintermute, Divergence Ventures, Global Founders Capital, and others. More: - Angle Labs is a DeFi startup developing derivative-backed stablecoins for decentralized ecosystems.
- The fresh funding will be used to further the Angle protocol and integrate Angle’s agToken stablecoin.
- In addition to a USD stablecoin, Angle Labs is developing other fiat-backed stablecoins, including the Japanese yen, Korean won, and the British pound.
Roll, Social Tokens/Infrastructure: $10M ⮕ The Series A funding round was led by IOSG Ventures and participated in by Animoca Brands, Alchemy, Huobi Ventures, Gary Vaynerchuk, and others. More: - Roll is a social token infrastructure platform built on the Ethereum blockchain aiming to create tokens that bridge Web2 and Web3 systems.
- Roll’s social token API allows for tokens to be integrated directly into social platforms and Web3 DeFi infrastructure like Uniswap (UNI).
- The fresh funding will be used to continue building the API and develop integrations for social web platforms.
- Roll’s API is expected to be open for developers by early 2022.
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▲ TOP GAINERS | # | Name | Price | 24h % | | 1 | eCash XEC | $0.0002607 | 12.25% ▲ | | 2 | dYdX DYDX | $21.90 | 10.30% ▲ | | 3 | Axie Infinity AXS | $69.79 | 9.62% ▲ | | 4 | Uniswap UNI | $24.13 | 7.18% ▲ | | 5 | OKB OKB | $15.93 | 6.73% ▲ | ▼ TOP LOSERS | # | Name | Price | 24h % | | 1 | Terra LUNA | $34.48 | 9.08%▼ | | 2 | Ren REN | $0.9639 | 8.28%▼ | | 3 | Decred DCR | $98.35 | 7.73%▼ | | 4 | Filecoin FIL | $56.42 | 7.49%▼ | | 5 | NEAR Protocol NEAR | $6.54 | 6.59%▼ | *Limited to cryptocurrencies in the Top 100. Prices as of 5:15 p.m. ET.
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Crypto companies have continued to leave China after the announced crypto ban. Over 18 crypto exchanges and related service providers have pulled out so far. More: - Crypto exchange Biki has halted deposits on its platform and will only allow users to withdraw currencies. All services will be suspended on Biki by Nov. 30.
- Bitmart will also end its services on Nov. 30 as well as delete all user accounts.
- Ahead of the transaction ban, but months after the ban on crypto mining, e-commerce giant Alibaba announced it would stop selling mining machines online.
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 A message from RETOOL Introducing Retool for Startups It's easy to solve less critical work with out-of-the-box tools. But what about the internal tools that are core to your business? We see a lot of technical founders and engineers spend a lot of time building (and rebuilding) the same tools: But building from scratch can take weeks and distracts your team. Retool gives technical folks a head start. You can use pre-built UI components, database integrations, APIs, and advanced features (like granular permissions) to create any CRUD app, dashboard, or tool you want. It's more speed and fewer guardrails, so you can solve problems fast and get back to building your product. Oh, and it’s free for startups for up to a year! Sign Up Now
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 IP addresses from mainland China are being blocked from CoinGecko, CoinMarketCap, and TradingView. CoinGecko CEO Bobby Ong said the crypto data provider is not blocking IPs on their end. More: - Tests from Greatfire.org suggest that the blocked IPs are part of China’s crackdown on crypto.
- The censorship of companies providing crypto market information expands the scope of the PBoC’s notice to halt token trading and issuance.
- The exodus of crypto exchanges in China and censorship of crypto data providers suggest that the latest ban is being taken more seriously than other previous bans.
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 U.S. Sens. Maggie Hassan (D-N.H.) and Joni Ernst (R-Iowa) introduced legislation to track international crypto mining. If passed, the bill would require the Treasury to submit a report on virtual currencies and competition to Congress. More: - The report generated from the bill would look at how much crypto was mined between 2016 and 2022.
- In tracking how much crypto was mined, the Senators hope to better understand how governments and private entities use crypto.
- The current draft is silent on whether proof-of-stake (PoS) coins would be included in the report.
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QUICK HITS - Learn what iOS 15 means for your email marketing — and how SMS marketing, with a 95% open rate, can help you reach them.*
- Former CFTC Commissioner Dan Berkovitz will replace John Coates as general counsel for the SEC as Coates moves to a new position at Harvard.
- Christie’s “No Time Like Present” NFT sale totaled $12M in the combined sales of CryptoPunks, Bored Ape Yacht Club, and Meebits.
- Immutable X’s IMX token sale raised $12.5M and sold out in under an hour.
- Bitfinex’s $22.5M transaction fee for a $100,000 transaction was returned by the Ethereum miner.
- Deutsche Bank analyst Marion Laboure stated that Bitcoin (BTC) is not a dependable payment system but will continue to survive as "digital gold."
- The best customer experiences start with Zendesk. Qualifying startups get 6 months free — apply now!*
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Upcoming Events - September 29 - Livestream Shopping: The rise of the next billion-dollar industry (Register Here)
- September 29 - Investing in early-stage crypto projects with Sam Lessin (Set A Reminder)
- October 5 - Join Flatfile as they announce a groundbreaking upgrade to its customer data onboarding platform. (Register Here)*
- October 6 - Design for Startups (Register Here)
- October 6-7 - Scale AI TransformX: Driving AI from Experimentation to Reality (Register Here)*
- October 14 - NFT Community Collectibles (Register Here)
- October 26-27 - Meet our Fund Fall ’21 Cohort (Register Here)
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 |  | Griffin McShane is a J.D. candidate currently living in Portland, Maine. He is a graduate of Providence College, where he studied both computer science and business. Griffin aspires one day to go to the moon and bring some of his altcoins along for the ride. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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