The Insider #19

Stay on the Web3 loop in only a minute

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!

Subscribe to be in the Web3 loop and follow us on “X” for daily spaces

NFT News

  • The Azuki Elementals, with a $40 million raise, were officially flipped by Nakamigos, a free mint (source).

  • The Mercedes Icons auction site faces technical issues, temporarily suspending minting for security and smooth operation (source).

  • Yuga Labs, the creator of Bored Ape, is hosting a 13-week puzzle competition with Bitcoin prizes for players (source).

  • Sandbox Game and Deadfellaz are hosting an exciting Game Jam where you can create epic boss battles (source).

Azuki Elementals officially flipped by Nakamigos

Crypto News

  • After a court victory, Grayscale Investments is urging the SEC to quickly approve its spot Bitcoin ETF (source).

  • Crypto exchange volumes drop to 2020 as institutional funds pull out due to the bear market (source).

  • MetaMask's wallet now enables cryptocurrency-to-fiat cash-outs to PayPal or bank accounts (source).

  • Breaking news: Visa is extending its cross-border payment services to Solana (source).

Crypto exchange volumes drop to 2020 (source)

Macro News

  • X (Twitter) has secured a money transmitter license for offering payment services in Mississippi, USA (source).

  • X will soon fix its timeline algorithm, reducing low-quality and "engagement bait"-style content says an insider (source).

X is addressing algorithms to reduce low-quality and "engagement bait" content

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.

Follow us on “X” at @web3ascend for our daily spaces 12 pm CET - 6 am ET. We grow together!