gm - October 12th, 2023

gm 👋 NFT volumes on top 5 chains: $9M 1. Ethereum NFTs: $4.5M 2. Polygon NFTs: $1.2M 3. Mythos NFTs: $1.2M Collections 1. DMarket: $1.2M 2. DraftKings: $0.9M 3. Gods Unchained Cards: $0.7M Top sales Autoglyphs #302: $109k StarCarft Planets #1508: $33k Cross The Ages: $8k ---

MetaMask has announced a new feature that allows users to make fiat-linked payments as they've partnered with Stripe. This will roll out in their mobile app, browser extension, and the other MetaMask-related services (app store, etc). USDR, a stablecoin "backed" by real estate, has de-pegged to $0.52 - the cause is an intricate mix of liquidity stemming from DAI holdings vs. illiquid real estate. Star Arena's hacker agreed to return 90% of the funds, roughly $2.7M. Lastly, more FTX+Alameda business practices drop as the SBF trial continues - there's too much to cover here, but it's worth following as it reveals how 'crypto' really was conducted.

Dialogue between Caroline and the FTX team before the infamous '$22' tweet...