The global crypto market cap is $2.27T 1.77%▲ with a 24-hour market volume of $140.35B 12.32%▲. Bitcoin's dominance is currently 41.53% 0.26%▼. CURRENT PRICES BY MARKET CAP # | Name | Price | 24h % | 1 | Bitcoin BTC | $50,134.45 | 1.26% ▲ | 2 | Ethereum ETH | $3,914.62 | 3.17% ▲ | 3 | Cardano ADA | $2.96 | 0.11%▼ | 4 | Binance Coin BNB | $489.53 | 0.68%▲ | 5 | XRP XRP | $1.29 | 2.26% ▲ | *Prices as of 5:00 p.m. ET. | |
DEX platform Uniswap Labs is reportedly under investigation by the SEC. The SEC is searching for information related to how investors interact with Uniswap and DeFi exchanges generally. More: - A representative from Uniswap labs said the company is committed to compliance and will help provide information to the regulator.
- SEC Chairman Gary Gensler previously acknowledged that DeFi projects might be subject to regulation.
- Uniswap is one of the largest DeFi exchanges on the market, generating $1B in revenue through fees in just August alone.
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Binance and APENFT announced a 60-day charity mystery box collaboration. The “ApeAvatar” event is set to begin on Monday, Sept. 6. More: - In addition to the sale of NFT mystery boxes, "Charity Avatars" of ape-style versions of famous crypto figures like Changpeng Zhao and Justin Sun will be available for auction.
- APENFT pledged to donate $5,000 for each avatar claimed to various international philanthropic organizations.
- Binance previously collaborated with APENFT for the "Genesis" NFT event in June, where an Andy Warhol NFT "Three Self-Portraits" sold for $2.8M.
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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 | |
🍋Fresh Funding🍋 Parcel, DAO: $2.5M ⮕ The seed funding round was led by Dragonfly Capital with participation from A Capital, compound, Consensys, Scalar Capital, and others. More: - Parcel is an India-based startup building a treasury management protocol for DAOs.
- The treasury management protocol would assist DAOs and open-source projects in automated payments and on-network treasury management.
- The fresh funding will be used to develop the protocol and build modules necessary for incentive mechanisms.
- Parcel previously received $500,000 in a pre-seed funding round back in early 2021.
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▲ TOP GAINERS # | Name | Price | 24h % | 1 | Revain REV | $0.03129 | 19.23% ▲ | 2 | NEAR Protocol NEAR | $6.32 | 16.04% ▲ | 3 | Litecoin LTC | $210.83 | 13.12% ▲ | 4 | Solana SOL | $143.53 | 12.98% ▲ | 5 | Horizen ZEN | $102.44 | 12.49% ▲ | ▼ TOP LOSERS # | Name | Price | 24h % | 1 | Celo CELO | $5.44 | 4.68%▼ | 2 | Amp AMP | $0.05653 | 4.35%▼ | 3 | Uniswap UNI | $28.89 | 4.09%▼ | 4 | Bitcoin SV BSV | $175.43 | 2.78%▼ | 5 | Telcoin TEL | $0.02379 | 2.61%▼ | *Limited to cryptocurrencies in the Top 100. Prices as of 5:00 p.m. ET. | |
Ethereum (ETH) reclaimed $4,000 following a 20% rally this week. ETH’s comeback comes as whales reenter the market and the NFT market explodes. More: - Ethereum network activity recorded 13,700 transactions today exceeding $100,000 in value, suggesting the reentrance of institutional investors.
- ETH is currently trading 10% from its ATH of $4,362.35 back in May.
- Bitcoin (BTC) also made headlines today after reclaiming $50,000.
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A message from XERIC This NASA-approved watch deserves a spot in every space lover’s watch collection. Space lovers, the ultimate memorabilia is here: Xeric is launching two NASA-approved watch collections commemorating the Apollo 15 mission. The authenticity factor is high: the automatic and moonphase movements are assembled in the U.S., and some models even feature dials made out of real meteorite. Adorned with glow-in-the-dark planets and stars, Xeric comes through for anyone with a penchant for space, or cool, unusual watches. Pre-order your watch today with Kickstarter and enjoy pricing up to 36% off the MSRP. | |
SushiSwap released a coming soon website for the Shoyu NFT platform. Shoyu is set to feature a caching layer and storage infrastructure natively powered by Sushi. More: - The development of Shoyu was officially announced in July, with an expected v0 release in August.
- Social aspects and features similar to OpenSea or SuperRare are expected to be integrated into Shoyu v1 and v2 releases anticipated in November and January, respectively.
- The new update comes after exchange platforms OKEx and Binance released their own native NFT platforms.
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Internet Computer (ICP) struggled with major technical glitches during its first-ever NFT drop, ICPunks. The Internet Computer network hosting the NFT contract could not handle the high volume of traffic to the site. More: - The ICPunks launch dropped 10,000 unique, randomly generated clowns, inspired by the Insane Clown Posse.
- Though these clowns could be minted for free, users claimed they could not load the application during the Sept. 1 drop.
- The ICP network is still in its beta phase. The Dfinity team stated that it would improve its infrastructure before another high-traffic event.
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QUICK HITS - Need a break from grocery shopping? Inside readers get 14 days of free meals plus free shipping from HelloFresh. Use code "INSIDE14" to claim now!*
- Jim Cummings’ personal copy of the Thunder Road script will be auctioned off as an NFT. The winner will receive the NFT on a Hello Kitty thumb drive.
- 1inch Network announced its partnership with an animated NFT series called "Take My Muffin."
- The total market cap for $DOG, the fractionalized shares of the Doge meme, exceeded $300M. The NFT previously sold in whole for $4M.
- VEMP sold out in its presale round of vEmpire Gamer Tokens in just under five minutes, yielding 720 ETH.
- Mark Cuban with the Dallas Mavericks announced “Mavs Cryptomania” to reward any customers paying with BTC, ETH, or DOGE with a $25 gift card.
- Over 60 of the "Fortune 100" companies manage apps via Replicated. See why here.*
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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 – Psychedelic Medicine: Fad or Phenom? (Register Here)
- September 21 – AMA with Katie Stanton of Moxxie Ventures (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. | |
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