Hi Insiders, I just wanted to take a moment to welcome the new Insiders who joined us after the Solana event! Thanks for joining us, and we look forward to having more events like that one in the future. For anyone who didn't get to attend the event, the livestream event is now officially up on Inside's YouTube channel! So feel free to check it out, let me know how you all liked the event, and happy almost Friday. | |  Griffin |  |
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The global crypto market cap is $2.47T 6.08%▼ with a 24-hour market volume of $132.09B 11.74%▲. Bitcoin's dominance is currently 43.41% 0.19%▲. CURRENT PRICES BY MARKET CAP | # | Name | Price | 24h % | | 1 | Bitcoin BTC | $56,778.38 | 5.88% ▼ | | 2 | Ethereum ETH | $3,983.17 | 6.99% ▼ | | 3 | Binance Coin BNB | $529.69 | 8.10% ▼ | | 4 | Solana SOL | $194.09 | 11.17% ▼ | | 5 | Cardano ADA | $1.78 | 5.10%▼ | Source: CoinMarketCap, 7:00 EST
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 Quentin Tarantino is being sued for his upcoming Pulp Fiction NFT release. The Miramax film studio claimed Tarantino’s release of unreleased movie scenes constituted copyright infringement. More: - At the NFT NYC conference, Tarantino announced that he would release seven uncut scenes from the cult classic as NFTs on the Secret Network (SCRT).
- Miramax alleged that it still has the rights to the movie, and Tarantino failed to inform the movie studio of his plans.
- Additionally, Miramax lawyers claim that Tarantino’s release conflicts with the production company’s intention to launch its own Pulp Fiction NFTs.
- Tarantino plans to continue the NFT launch, claiming he retained the right to publish the screenplay and the NFT sale is within that right.
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TOP NFT COLLECTIONS | # | Name | 24h Volume | 24h % | | 1 | Axie Infinity ETH, RONIN | $28M | 19.45% ▲ | | 2 | Bored Ape Yacht Club ETH | $12.79M | 10.91% ▼ | | 3 | The Sandbox ETH | $9.81M | 36.44% ▲ | | 4 | Doodles V4 ETH | $7.87M | 26.57% ▲ | | 5 | Farmers World WAX | $6.79M | 18.47% ▲ | Source: DappRadar, 7:00 pm EST
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 NFT Marketplace RECUR announced its inaugural NFT launch on Dec. 9. The Marketplace will let users purchase its “Portal Pass” in a 24-hour sale. More: - The Portal Pass offers users early access to RECUR’s metaverse platform, including licensed intellectual property from ViacomCBS and the NCAA’s Pac-12 Conference.
- In addition to the Portal Pass, RECUR additionally announced a strategic brand sponsorship with Sanrio’s Hello Kitty brand.
- The official RECUR Discord also launched, quickly amassing over 5,000 members within hours of its release.
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 🍋Fresh Funding🍋 Digital Currency Group (DCG), Conglomerate: $600M ⮕ The funds were raised in a debt funding round led by Eldridge and participated in by Davidson Kempner Capital Management, Francisco Partners, and Capital Group. More: - DCG is a crypto-focused conglomerate with subsidiaries including Grayscale, Coindesk, and Genesis.
- Two weeks ago, DCG was valued at $10B after selling $700M in stock via a private sale led by SoftBank’s Vision Fund 2 and Latin America Fund.
- The funding will be used to grow the DCG portfolio and further invest in DCG-owned offerings.
Gemini, Crypto Exchange: $400M ⮕ The funding round was led by Morgan Creek Digital with participation from the Commonwealth Bank of Australia, Marcy Venture Partners, Newflow Partners, and others. More: - Gemini is a crypto exchange platform founded by Cameron and Tyler Winklevoss in 2014.
- Following the exchange’s first funding round, Gemini received a valuation of $7.1B.
- The fresh funding will be used to continue expanding the exchange internationally.
- Gemini is the custodian for over $30B in digital assets and sees around $268.3M in daily spot volume on its exchange.
Nym Technologies, Privacy: $13M ⮕ The Series A funding round was led by a16z and participated in by DCG, Huobi Ventures, Haskey, Tayssir Capital, and others. More: - Nym is a blockchain-based privacy protocol that uses a “mixnet” of decentralized nodes to obscure internet packet data.
- The fresh funding will be used to expand the Nym production team ahead of its mainnet launch.
- Prior to the Series A, Nym raised a $2.5M seed round in 2019 and received a grant for R&D by the European Union’s Horizon 2020 research fund.
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▲ TOP GAINERS | # | Name | Price | 24h % | | 1 | The Sandbox SAND | $4.30 | 15.37% ▲ | | 2 | Algorand ALGO | $1.85 | 11.39% ▲ | | 3 | Decentraland MANA | $3.73 | 10.29% ▲ | | 4 | Velas VLX | $4.21 | 7.57% ▲ | | 5 | Yearn.finance VGX | $32,261.11 | 3.53% ▲ | ▼ TOP LOSERS | # | Name | Price | 24h % | | 1 | Secret SCRT | $7.05 | 15.54%▼ | | 2 | Fantom FTM | $1.83 | 14.48%▼ | | 3 | Chiliz CHZ | $0.4276 | 13.82%▼ | | 4 | IoTeX IOTX | $0.1709 | 13.76%▼ | | 5 | OMG Network OMG | $8.99 | 13.50%▼ | Source: CoinMarketCap, 7:00 EST
*Limited to cryptocurrencies in the Top 100
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 Opulous (OPUL) jumped 500% over the past 24 hours, reaching an ATH of $7.60. The massive jump comes just after the first NFT drop on the Opulous platform. More: - Opulous is a music-focused DeFi and NFT project that lets musicians and artists tokenize their music rights.
- The platform’s first Security NFT (S-NFT) sale of royalty revenue featured the rights to Lil Pump and Soulja Boy’s “Mona Lisa.”
- S-NFT holders can receive quarterly royalty payments for an artist’s music streaming on all major platforms, paid quarterly via USDC.
- In addition to the first NFT drop on Opulous, the rise in OPUL’s price can also be attributed to its recent availability on decentralized exchanges (DEXs).
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 NFT platform Mintable announced an upgrade to catalog all Ethereum (ETH) NFTs on its platform. The upgrade is expected to aggregate NFTs from all other Ethereum-based NFT marketplaces. More: - In addition to aggregation features, Mintable released a rarity meter that lets users track NFT rarity and transaction histories directly on the platform.
- The platform’s latest upgrade comes as NFT marketplace OpenSea dominates over 90% of the NFT industry market share.
- Mintable Founder and CEO Zach Burks stated that the newly integrated features would help drive the platform’s goal of being the second-largest NFT platform in sales volume by the end of 2021.
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Bitcoin (BTC) mining firm Bitdeer Technologies is set to go public via a SPAC merger. Bitdeer stated in a press release that it entered a definitive merger agreement with Blue Safari Group Acquisition Corp. More: - The deal gives Bitdeer an implied enterprise value of around $4B and is expected to be completed by Q1 2022.
- Bitdeer spun out of mining infrastructure company Bitmain back in Dec. 2020 following a dispute between co-founders Wu Jihan and Micree Zhan.
- Following the split, Wu retained ownership of Bitdeer and will continue to remain at Bitdeer as founder and chairman of the company post-SPAC merger.
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- The NFL announced that it would offer Polygon (MATIC) based NFT tickets through the Ticketmaster digital wallet to fans for the remainder of the season.
- Constitution DAO raised over $40M. Bidding will be live-streamed starting at 6 p.m. EST.
- Time Magazine will hold Ethereum (ETH) on its balance sheet following a metaverse content partnership with Galaxy Digital.
- The SEC charged the host of MyMicroProfits.com and Social Profimatic for misappropriating investor funds and conducting unregistered securities offerings.
- 25% of all employees want to quit their job due to bad business processes — put invoice processing on autopilot leveraging autonomous accounting.*
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UPCOMING EVENTS: - November 18 - Exclusive NFT Pre-Launch Event with Early Bird access to first-of-its-kind Shabangrs NFT project + Win a Tesla Model Y (Register Here) *
- November 18 - Accelerating Augmented Reality with Aidan Fitzpatrick (Reincubate) (Register Here)
- November 19 - VC Crypto with Troy Osinoff (Set A Reminder)
- November 23 - See the Number 1 Way to Improve Your Team's Communication (Register Here) *
- November 30 - Need To Know NoCoders - Prakash Chandran (Xano) (Register Here)
- December 01 - Investing in Minority Led Startups with Jarrid Tingle (Harlem Capital) (Register Here)
- December 03 - Investing in Overlooked Founders with Brandon Brooks (Overlooked VC) (Register Here)
- January 25 - Need To Know NoCoder - Leon Young (Cogniss) (Register Here)
- February 10 - The Business of Wellness (Register Here)
- February 24 - Alternative Investments (Register Here)
*This is a sponsored event listing.
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 |  | 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. | |
DeFi Saver is a one-stop dashboard for creating, managing, and tracking your DeFi positions. | |
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