gm đź‘‹
Crypto is basically flat on the day, with Bitcoin at $19.6k on $24B of volume and Ethereum off a touch to $1324 on $9B of volume. Regulatooors are back at it, this time with the SEC and CFTC probing into Three Arrows Capital, adding to the drama following the epic LUNA crash. Aptos, the $2B valuation VC-backed blockchain, launched today with some mixed opinions as the network had only posted 4 TPS to start — rollouts are always slow so it's still too early to tell. However, the biggest criticism lies in the 80% of APT tokens being staked by VCs.
NFT volumes stay stable at around $12M, with ETH-NFTs at $9M and Solana-NFTs at $1M (just a reminder, these numbers ignore wash trading!). Azuki takes the cake in the past 24hrs with $2.1M in flow with over 100 trades — the brand has launched a PBT (Physical Backed Token) through the BEAN chip, a cryptographic way to attach to physical objects to verify authenticity. Sorare has a turnover of $1M as we inch towards the World Cup, and Gods Unchained remains in the top 5 with $700k of volume.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
...
NFT headlines:
Ripple Unveils Latest Recipients of $250 Million NFT Creator Fund
WTF Are POAPs? The Intriguing Power of Proof of Attendance Protocol
The scourge of NFT wash trading — and how not to get suckered in
SEC vs BAYC? Here’s What Legal Experts Say It Means for NFTs
...
Please let us know your thoughts at [email protected]
Buy an NFT now and pay later → https://dapp.usecyan.com/