The Insider #130

Daily Headlines & Deep Dives

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

  • RTFKT announces delay on Project Animus Incubation. They estimate that the Incubation event will be ready in late april. Since their +$1B acquisition, RTFKT has gone downhill. They have not kept their promises and their community is unhappy about it. A holder even comments there has been discussions in NFT Paris between RTFKT holders and they are all pissed to say the least. Grail commented “Free ChatGPT option could do a better job running RTFKT web3 strategy than Benito & Zaptio.  (source)

  • Munchables announced they are finalising the distribution process. Multiple parties are verifying the calculations and methodology. They will share the details of the distribution once they are greenlighted. Refunds will be directly sent to affected wallets. Hope it goes smoothly. (source)

RTFKT Delays Animus Eggs Incubation

Crypto News

  • Sam Bankman-Fried, Founder of FTX, gets sentenced to 25 years in prison. After stealing +$10B of FTX users’ money, donating hundreds of millions to political candidates and commitees to gain influence and sipping margaritas in the Bahamas, 25 years doesn’t sound that bad. Gensler commented “SBF built a house of cards on a foundation of deception while telling investors that it was one of the safest buildings in crypto”. (source)

  • Blackrock’s $BUIDL, a tokenized investment fund on Ethereum with daily returns, increased 400% from 40M to 240M supply in a week. Blackrock continues spearheading the tokenization of assets & finance. Ondo Finance is currently the largest holder of $BUIDL, holding 38% of the total supply. I wouldn’t be amazed if $BUIDL crosses 1B before June. (source)

$BUIDL Increases 400% In A Week

Macro News

  • Russian President Putin says that 95% of terrorist attacks are orchestrated by the CIA. (source)

Putin Says 95% Of Terror Attacks Are Linked To CIA

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

These insights are inspired by Carlitos' daily news.

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