The Ascend Insider

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Welcome to Ascend's Newsletter, your NFT hub with a crypto touch. Explore the latest in the Web3 space with us. Thanks for joining the Fam!

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NFT News

  • The Uptrip App-powered Lufthansa loyalty program uses Polygon to convert flights into NFT rewards (source).

  • Adidas has launched Residency," its first digital artist-in-residence program featuring great artists (source).

  • Memeland is hosting an IRL event in Hong Kong on Nov 2-3, 2023. Based on a visual posted, it appears to be on a sailboat (source).

  • A RAREPEPE card has been sold for 55 ETH (source).

RAREPEPE card has been sold for 55 ETH ($83,397)

Crypto News

  • BlackRock's 7th Bitcoin ETF faces SEC delay on Aug. 31, awaiting approval for iShares Bitcoin Trust in the U.S. (source).

  • A U.S. court has deemed Ethereum (ETH) a commodity, along with Bitcoin (BTC), dismissing a Uniswap lawsuit (source).

  • Crypto exchange OKX's report showcases $10 billion in assets, including Bitcoin, Ether, and USDT (source).

  • EthOS-powered Ethereum phones sold out in under a day. All 50 units with the special operating system were gone (source).

EthOS-powered Ethereum phones sold out in under a day

Macro News

  • Given manageable inflation, Goldman Sachs predicts a 20% chance of a US recession in the next year (source).

  • China's largest bank, ICBC, is approaching a record-low valuation due to concerns over margins (source).

ICBC is approaching a record-low valuation due to concerns over margins

Prices Update

Crypto & NFT Prices by Ascend

We hope this daily Web3 recap helps you in your Crypto and NFT journey!

These insights are inspired by Carlitos' daily news and written by Kouk.

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