The global crypto market cap is $2.12T 1.34%▲ with a 24-hour market volume of $155.75B 16.13%▼. Bitcoin's dominance is currently 41.29% 0.28%▼. CURRENT PRICES BY MARKET CAP | # | Name | Price | 24h % | | 1 | Bitcoin BTC | $46,627.79 | 0.40% ▲ | | 2 | Ethereum ETH | $3,471.62 | 1.43% ▼ | | 3 | Cardano ADA | $2.51 | 2.73%▲ | | 4 | Binance Coin BNB | $420.37 | 0.51%▲ | | 5 | Solana SOL | $189.38 | 3.26% ▲ | *Prices as of 3:00 p.m. ET.
| |
 Sotheby's Bored Ape Yacht Club auction closed today with a bid of $24.39M. The final bid cost over a $6M premium from Southby's expected $15M-$18M price range. More: - The Bored Ape Yacht club auction featured 107 Bored Apes, 3 M1 Mutant serums, and 3 M2 Mutant serums.
- The total amount of NFTs auctioned was around 1% of the total supply of Yuga Labs' Bored Apes.
- The average Bored Ape price purchased at auction was $241,500.
- This week's average Bored Ape sale price on OpenSea has been $164,000 (46 ETH).
| |
 Ukraine legalized crypto, allowing citizens to use bank accounts for crypto transactions. The “Virtual Assets Bill” was passed by a 276-100 vote by the Ukrainian government. More: - The new regulation legalizes crypto transactions and exchange operations and establishes guidelines for investor protection.
- The bill defines virtual currencies as intangible assets expressed by a set of data in electronic form.
- Because virtual currencies are intangible assets, they may not be used as currencies to pay for goods and services.
- Similarly worded crypto regulations have been established in Singapore, Hong Kong, Japan, and Germany.
| |
 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
| |
 🍋Fresh Funding🍋 SolRazr, DeFi/Development: $1.5M ⮕ Moonrock Capital, CMS Holdings, Skynet Trading, Genesis Block Ventures, and others participated in the funding round. More: - SolRazr is the Solana (SOL) based DeFi developer ecosystem offering a launchpad, accelerator, and developer tools.
- The fresh funding will be used to accelerate Solrazr’s growth toward SolRazr Build v1, which is expected sometime by the end of this year.
- The project will enable retail investors to invest in Solana-based startups through an NFT-based allocation model.
| |
▲ TOP GAINERS | # | Name | Price | 24h % | | 1 | Algorand ALGO | $2.35 | 43.53% ▲ | | 2 | Harmony ONE | $0.184 | 31.39% ▲ | | 3 | Raydium RAY | $14.79 | 26.54% ▲ | | 4 | Cosmos ATOM | $26.87 | 25.96% ▲ | | 5 | Arweave AR | $65.52 | 24.91% ▲ | ▼ TOP LOSERS | # | Name | Price | 24h % | | 1 | Perpetual Protocol PREP | $18.26 | 12.05%▼ | | 2 | Amp AMP | $0.05357 | 4.59%▼ | | 3 | Celsius CEL | $5.82 | 4.31%▼ | | 4 | THORChain RUNE | $8.90 | 3.56%▼ | | 5 | eCash XEC | $0.00025 | 3.16%▼ | *Limited to cryptocurrencies in the Top 100. Prices as of 3:00 p.m. ET.
| |
 Andreessen Horowitz (a16z) hired former CFTC Commissioner Brian Quintenz. A16z stated that Quintenz would help the firm with its ongoing policy and regulatory procedures. More: - Quintenz will join a16z as an advisory partner for their crypto investment team.
- During his time with the CFTC, Quintenz oversaw the first regulated derivative contracts for BTC and ETH in the U.S.
- The addition of a key government regulator comes as the SEC ramps up scrutiny against DeFi and crypto products.
| |
 A message from EXODUS Meet the company that set a new crypto public offering record Exodus, one of the most popular cryptocurrency apps, is on a mission to help half the world exit the confines of traditional finance by 2030. Exodus already made history by completing a groundbreakingSEC regulated offering on its platform. After receiving commitments worth $60,000,000 within 5 days of the offering going live, it quickly sold out of its maximum permitted $75 million in shares. On September 14, Exodus shares will be available to most of the world on tZERO alternative trading system. You’ll be able to buy shares with Bitcoin, Ethereum, or USDC. Shares will then be represented digitally and secured by the blockchain. Why invest in Exodus? 🚀 Exodus is growing fast. The company achieved its highest quarterly revenue to date and its monthly active users has increased 320% year on year. 🚀 If DeFi speaks to you, then this is your chance to invest early in a company that embodies the best of the DeFi movement. INVEST TODAY
| |
 Mastercard acquired blockchain analytics company CipherTrace. Mastercard stated that the acquisition is aimed to increase its compliance with crypto regulations. More: - CipherTrace primarily gathers crypto data reports on crypto trends and builds DeFi compliance tools.
- Unlike similar competitors such as Chainalysis or Elliptic, CipherTrace offers fewer tools for blockchain surveillance.
- With the acquisition, Mastercard hopes to bring “trust and transparency” to the world of digital assets.
- Specific terms of the acquisition were not disclosed, but the deal is expected to close this year.
| |
A man from Mattituck, N.Y., was arrested for running 46 crypto mining rigs out of the Suffolk County offices. He is being charged with public corruption, third-degree grand larceny, computer trespass, and official misconduct. More: - Christopher Naples allegedly hid the mining rigs under removable floorboards inside server racks and embedded them into unused electrical panels.
- Forensics on 10 machines found that they had been running since February and cost Suffolk County $6,000 in electricity.
- When the devices were shut down, the temperature in the office buildings dropped 20 degrees.
- If convicted, Naples could face up to 15 years in prison.
| |
QUICK HITS - One company is planning to manage custom apps on up to 400,000 edge devices. Download the FREE Guide to Edge Computing and find out how.*
- CoinShares’ digital asset fund report found continuing positive sentiment from investors across all cryptos, with Solana (SOL) and Cardano (ADA) surging in popularity.
- VanEck’s bitcoin (BTC) ETF received an extension notice from the SEC for another 60 days of review. A decision will now be made sometime around Nov. 14.
- Steve Harvey changed his Twitter profile picture to an NFT from the Solana Monkey Business collection.
- Robinhood announced that it would integrate dollar-cost averaging functionality into its crypto trading platform. NOTE: Inside.com's founder and CEO, Jason Calacanis, is an investor in Robinhood.
- Blockchain-based game company The Sandbox purchased Bored Ape #3749 for a record 740 ETH ($2.9M). The Sandbox has purchased 3,880 ETH ($13M) of NFTs to date.
- Huge opportunities arise for the martech industry as people spend an average of 6.5 hours online per day. Find out more.*
* This is sponsored content.
| |
Upcoming Events - September 8-11 - LTX Quest: Meet thousands of leading Latinx professionals at the largest Latinx networking event in the world. (Free ticket on us)*
- September 15 - The Business of Psychedelics (Register Here)
- September 21 - AMA with Katie Stanton of Moxxie Ventures (Register Here)
- September 21-23 - Opticon21: The Path to Potential. Take your organization from stable to adapt (Register Here)*
- September 22 - The Housing Startups Boom (Register Here)
- September 29 - Livestream Shopping: The rise of the next billion-dollar industry (Register Here)
- October 6 - Design for Startups (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. | |
| |
| |
