The global crypto market cap is $2.34T 1.39%▲ with a 24-hour market volume of $110.74B 20.39%▲. Bitcoin's dominance is currently 46.36% 1.25%▲. CURRENT PRICES BY MARKET CAP | # | Name | Price | 24h % | | 1 | Bitcoin BTC | $57,653.70 | 4.28% ▲ | | 2 | Ethereum ETH | $3,570 | 1.25% ▲ | | 3 | Cardano ADA | $2.18 | 2.53%▼ | | 4 | Binance Coin BNB | $412.91 | 0.47%▼ | | 5 | XRP XRP | $1.14 | 2.90% ▼ | Source: CoinMarketCap, 3:30 EST
| |
 NFT collector Oxb1 signed a deal with the Creative Artists Agency (CAA) to monetize its NFT collection. Oxb1 is reportedly looking to monetize its NFTs through brand deals and licensing. More: - Oxb1 confirmed the deal via Twitter, stating that it is looking to specifically work with his BAYC, Cool Cats, and Spunks collections.
- Last month, the CAA signed a deal with Jenkins The Valet of BAYC for books, movies, TV, and podcasts.
- Other talent agencies have entered the NFT space, including the United Talent Agency’s deal with Larva Labs and William Morris Agency’s deal with Pixel Vault.
| |
 TOP ETHEREUM NFT COLLECTIONS | # | Name | 24h Volume | 24h % | | 1 | Axie Infinity | $16.66M | 16.9% | | 2 | MutantCats | $5.24M | 107.48% ▼ | | 3 | MekaVerse | $4.38M | 43.53%▲ | | 4 | Eponym by ART AI | $5.95M | 208883% ▼ | | 5 | CryptoPunks | $2.82M | 30.66% ▲ | Source: DappRadar, 3:30 pm EST
EVENT UPDATE The latest event from Inside Crypto is less than a week away! Join me on Thursday, Oct. 14, as we dive into the NFT world and explore the value of community and why it is vital to launching and growing a successful project. Sign up to attend for free today! There's a lot of great guests speaking at the event including Tony Depa (Makersplace), Giselle Barbosa (DinoMonks NFTs), and Avery Akkineni (VaynerNFT). And big thanks to our sponsor UTU.ONE for making this event possible!
| |
 OpenSea delisted DAO Turtles for violating its terms of service. OpenSea stated that projects cannot “carry out any financial activities subject to registration or licensing.” More: - DAO Turtles was an NFT project that dropped on Oct. 4 and generated a trading volume of over 570 ETH ($2M).
- The NFT project shared its correspondence with OpenSea, asking the NFT platform to clarify what specific rules it violated.
- DAO Turtle specifically pointed out Mutant Cats and Axie Infinity as NFT projects that would similarly violate OpenSea’s terms of service.
- As concerns grow about the status of some NFT projects being treated as securities, crypto exchange FTX elected not to list projects that offer royalties.
| |
 A message from JUSTCALL Supercharge sales productivity with our Cloud Phone system with power features. ✅ Go live in 70+ Countries ✅ Native integrations with CRM ✅ Click to call from CRM ✅ SMS Workflows ✅ Automated dialer ✅ Call queueing and forwarding ✅ Comprehensive analytics We can help you set up or port your numbers, team, and data in > 5 minutes. Get 70% discount on your first month! Claim Free Demo
| |
 🍋 Fresh Funding 🍋 Elliptic, Analytics: $60M ⮕ The Series C funding round was led by Evolution Equity Partners with participation from SoftBank, Wells Fargo Strategic Capital, Digital Currency Group, SignalFire, and others. More: - Elliptic is a London-based company that offers its users compliance and investigative tools for crypto transactions.
- Elliptic has garnered notable clients such as Revolut, Stellar Foundation, and Santander Bank.
- The fresh funding will be used to expand its global team to the United States and accelerate its research and development efforts.
- The analytics provider recently launched Antinalysis, which allows users to evaluate the origins of their crypto and assess its riskiness.
Futureswap, Swap/DEX: $12M ⮕ The Series A funding round was co-led by Ribbit Capital, Framework Ventures, True Ventures, and Placeholder. More: - Futureswap is a DeFi exchange that enables users to trade in perpetual swaps for long and short positions.
- The fresh funding will be used to expand its current team and grow its platform.
- The startup recently launched a testnet version of Futuerswap V4, built on the Ethereum Layer 2 platform Arbitrum.
| |
▲ TOP GAINERS | # | Name | Price | 24h % | | 1 | Shiba Inu SHIB | $0.00003105 | 15.94% ▲ | | 2 | Fantom FTM | $2.29 | 6.20% ▲ | | 3 | Bitcoin BTC | $57,653.70 | 4.28% ▲ | | 4 | Bitcoin Gold BTG | $71.03 | 4.09% ▲ | | 5 | Yearn Finance YFI | $35,243.42 | 3.26% ▲ | ▼ TOP LOSERS | # | Name | Price | 24h % | | 1 | Stacks STX | $1.91 | 10.85%▼ | | 2 | Klaytn KLAY | $1.64 | 7.74%▼ | | 3 | Avalanche AVAX | $55.39 | 6.65%▼ | | 4 | Terra LUNA | $38.48 | 6.53%▼ | | 5 | Theta THETA | $6.19 | 6.41%▼ | Source: CoinMarketCap, 3:30 EST
*Limited to cryptocurrencies in the Top 100
| |
 FTX launched a Solana-based NFT marketplace for the U.S. The latest launch from FTX expands its NFT offerings beyond those minted on its website. More: - Trading for popular SOL NFT projects like Solana Monkey Business and Degenerate Ape Academy were mostly dominated by Solanart and Digital Eyes.
- FTX has taken a cautionary approach to NFT listing in the U.S. and will only permit projects that won’t be considered securities offerings.
- FTX will additionally allow its users to withdraw NFTs from the centralized exchange to external wallets.
- Ethereum-based NFT project integrations are expected to come to the U.S. FTX marketplace soon.
| |
 A message from SHORTCUT What if Your Project Management Tool Was Fast and Intuitive? Give Shortcut a try. Imagine how much more you could get done if your project management software didn't make you want to throw your computer out a window. Shortcut is the ideal solution for task management, bug tracking, iteration planning, and reporting. Whether you're in a startup that iterates quickly by providing every engineer with a free pallet of Red Bull, or in a large org that has strict ship dates to hit, delight the scrum gods and give us a try.
| |
South Korea’s People Power Party drafted a regulatory proposal in opposition to the upcoming crypto tax law. Among other things, the draft bill suggests a one-year delay on the crypto gain tax. More: - People Power Party Rep. Cho Myoung-hee stated that the party wants the delay for further clarity on the definition of virtual currency.
- The current crypto tax legislation would impose a 20% tax on capital gains above 2.5M won ($2,000).
- The opposing regulation additionally looks to change the tax rate to 20% for profits between 50M-300M won ($42,000-$251,000) and 25% for capital gains exceeding 300M won.
- The South Korean government has reiterated its commitment to enact its version of the crypto tax law by Jan. 1, 2022.
| |
 The UK Gambling Commission is reportedly investigating NFT platform Sorare. The consumer protection agency stated that Sorrare is not licensed by the regulator. More: - Sorare is an NFT-based fantasy soccer platform that offers NFT cards for over 120 soccer teams.
- A consumer protection notice stated that the commission is conducting inquiries to determine whether Sorare falls within its jurisdiction.
- A 2017 press release from the commission warned of potential regulatory actions against fantasy soccer players. However, it ultimately determined that private pools for fantasy sports were exempt from jurisdiction.
- Sorare stated that it is “very confident” that its services do not reach a level of regulated gambling.
| |
QUICK HITS - Millions of dollars worth of Bitcoin have been lost or stolen. This popular wallet is providing crypto investors a new groundbreaking secure protection.*
- The NFL’s Rob Gronkowski will debut his latest set of NFTs on Tom Brady’s Autograph platform.
- An NFT trophy was awarded to grandmaster Magnus Carlsen, winner of the Meltwater Champions Chess Tour.
- Chicago artist Jason Peterson, who created a mural of Kanye West, will sell the artwork as an NFT on Avalanche.
- Google partnered with Bakkt to offer users the option to use digital assets to purchase goods or services anywhere Google pay is accepted.
- The U.S. government is considering an executive order for crypto oversight.
- E-commerce is nearing $5 trillion annually, but are you missing out on its biggest opportunity? Join the operations experience revolution today.*
* Sponsored Content
| |
Upcoming Events - October 14 - NFT Community Collectibles (Register Here)
- October 26-27 - Meet our Fund Fall ’21 Cohort (Register Here)
- November 9-10 - Join LaunchDarkly in a virtual conference for software innovators who want to break orbit, not systems. (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 New York transplant currently living in Brooklyn, NY. He is a graduate of Providence College, where he studied both computer science and business, and the University of Maine School of Law, where he earned his JD. Beyond his work at Inside, Griffin has written articles for CoinDesk and is a member of the International Association of Privacy Professionals (IAPP). |  | | 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. | |
JustCall is a cloud phone system that integrates with your business tools and automates voice & SMS workflows. Try now! | |
Shortcut puts the "can" in Kanban and the agile in Agile. | |
