Good afternoon Insiders, I wanted to give you an Inside scoop on an upcoming crypto project that’s going to the moon real soon. It’s called… I’m just pulling your rug leg. Nobody’s offering to pay me to promote scam coins; I just do it for the love. Jokes aside, I wanted to let you know that I am moving from Maine to New York and will be off until Monday. Rest assured, Trevor will make sure that your daily crypto content will still be in your inbox while I'm away. Thank you for continuing to read Inside Cryptocurrency, and now back to your regularly scheduled newsletter ... | | |
The global crypto market cap is $1.82T 1.51%▼ with a 24-hour market volume of $89.25B 5.50%▼. Bitcoin's dominance is currently 42.51% 0.19%▼. CURRENT PRICES BY MARKET CAP # | Name | Price | 24h % | 1 | Bitcoin BTC | $41,158.59 | 1.76% ▼ | 2 | Ethereum ETH | $2,822.89 | 1.83% ▼ | 3 | Cardano ADA | $2.05 | 1.47%▼ | 4 | Binance Coin BNB | $363.10 | 7.46%▲ | 5 | XRP XRP | $0.9181 | 0.24% ▲ | *Prices as of 5:15 p.m. ET. | |
OpenSea has resumed the listing of Polygon-based copies of CryptoPunks following PolygonPunks’ DCMA counter-notice. PolygonPunks were delisted on OpenSea back in August following a takedown notice from CryptoPunks creator Larva Labs. More: - Larva Labs obtained a DMCA takedown notice from OpenSea after claiming that PolygonPunks infringed on CryptoPunks' intellectual property rights.
- PolygonPunks countered the notice, stating that their NFTs were removed or disabled by mistake.
- Following the relisting, Larva Labs must obtain a court order to get PolygonPunks delisted again on OpenSea.
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Mayor Jayson Stewart announced plans to give $1,000 in BTC to every household in Cool Valley, Missouri. The plan was initially to airdrop $500 to every household, but fundraising for the initiative exceeded expectations. More: - Cool Valley is a small Missouri town in St. Louis County with a population of just over 1,000 residents.
- According to 2020 U.S. census data, around 76% of residents identify as Black or African American, and 20% identify as White.
- Stewart hopes the initiative will help residents learn more about cryptocurrency and attract bitcoin events, mining facilities, and other business opportunities to the town.
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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 | |
"The Sims" video game designer Will Wright announced an upcoming release of a new NFT-based game. Wright’s upcoming game, "Proxi," will be his first in over a decade. More: - Proxi lets players create a diorama of memories using in-game items, generating a unique character avatar that allows players to interact with other players.
- Users can create their own memory NFTs as well as sell or trade them with others.
- Wright said the game is expected to be released this fall.
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▲ TOP GAINERS # | Name | Price | 24h % | 1 | OMG Network OMG | $10.41 | 15.68% ▲ | 2 | dYdX DYDX | $24.40 | 10.89% ▲ | 3 | UNUS SED LEO LEO | $2.93 | 8.30% ▲ | 4 | Binance Coin BNB | $363.10 | 7.55% ▲ | 5 | Zilliqa ZIL | $0.08027 | 3.74% ▲ | ▼ TOP LOSERS # | Name | Price | 24h % | 1 | Celer Network CELR | $0.145 | 12.51%▼ | 2 | eCash XEC | $0.0002407 | 7.04%▼ | 3 | Uniswap UNI | $22.65 | 5.95%▼ | 4 | Ren REN | $0.9112 | 5.49%▼ | 5 | SushiSwap SUSHI | $9.37 | 5.33%▼ | *Limited to cryptocurrencies in the Top 100. Prices as of 5:15 p.m. ET. | |
Ripple launched a $250M NFT creator fund to explore new use cases for NFTs. XRP jumped 7.5% immediately following the announcement. More: - Ripple is additionally offering XRP NFT integrations for both developers and creators.
- The XRP integration strives to create a better NFT experience with fewer transaction fees and a reduced environmental impact.
- Mintable and MintNFT will be the first NFT marketplaces to implement Ripple’s XRP NFT solution.
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A message from LOHIKA Silicon Valley Secrets: Leveraging Innovation & Emerging Technologies in Digital Health. Our event “Silicon Valley Secrets: Leveraging Innovation and Emerging Technologies in Digital Health” features senior engineering leaders from: You’ll also hear from Dr. Sanjiv Narayan, professor at Stanford University, who’s doing pioneering medical research using AI, machine learning and data science. Our panel will discuss what they’re seeing in healthcare innovation today and what we can expect to see tomorrow Registration is free – the webinar takes place on October 14, 2021. Register here | |
The CFTC fined Kraken $1.25M for offering crypto futures in the U.S. Kraken’s fine was the largest paid by a crypto exchange in the United States to date. More: - The CFTC stated that Kraken did not obtain a license to be a futures commission merchant and illegally offered margin trading in violation of the Commodity Exchange Act.
- Kraken allegedly violated the act between June 2020 and July 2021 when it served as the sole margin provider and maintained custody over assets purchased using margin.
- The crypto exchange has yet to comment on the decision by the CFTC.
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Dapper Labs announced a partnership with the NFL and the NFL Players Association (NFLPA). The upcoming NFT project is still unnamed but expected to launch ahead of Super Bowl LVI. More: - The partnership marks the fourth sports-based NFT project from Dapper Labs following NBA Top Shot (NBA, WNBA) and UFC.
- Similar to NBA Top Shot, the NFL NFTs will be made available on Dapper Labs’ Flow blockchain and feature video highlights.
- Dapper Labs Head of Partnerships, Caty Tedman, stated that the content approach would be “very different” from NBA Top Shot, focusing instead on the week-to-week schedule.
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- El Salvador president Bukele posted a video giving a first look at the country’s volcano-power, geothermal bitcoin mining facility.
- Lil Uzi Vert deleted a series of Tweets promoting the NFT project Eternal Beings following the project’s release.
- Bitcoin Lightning Network capacity reached an ATH of nearly 3,000 BTC.
- Coinbase announced the listing of Avalanche (AVAX) on Coinbase Pro.
- According to data from Bitrawr, 145 BTC nodes are still online in China despite the recent crypto ban.
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NFT SPOTLIGHT: "The Masque" by Osinachi Osinachi is a cryptoartist from Nigeria who produces drawings and illustrations using Microsoft Word. His works explore personal experiences within a technical environment and feature many unique color palettes influenced by African textiles. Osinachi recently collaborated with Nigerian record producer and Kanye West collaborator Don Jazzy on an NFT collection dropping today. The collection features Osinachi's signature work and Don Jazzy's music, serving as a tribute to Afrobeats. The Osinachi x Don Jazzy collaboration will be made available at 6:30 pm EST on Nifty Gateway. For more information, check out the Discord or Osinachi's Twitter. | |
Upcoming Events - September 29 - Livestream Shopping: The rise of the next billion-dollar industry (Register Here)
- October 6 - Design for Startups (Register Here)
- October 6 - VC Crypto with Troy Osinoff (Set A Reminder)
- October 12 - Join Flatfile as they announce a groundbreaking upgrade to its customer data onboarding platform. (Register Here)*
- October 14 - NFT Community Collectibles (Register Here)
- October 26-27 - Meet our Fund Fall ’21 Cohort (Register Here)
Want to see all of our upcoming events? Visit us at https://inside.com/events DID YOU KNOW WE'RE HIRING? *This is a sponsored post. | |
| | 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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