The Insider #27

Stay on the Web3 loop in only a minute

Ascend
September 18, 2023

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NounsDAO's fork, 472 Nouns, has officially departed from the DAO, comprising 56% of the total, resulting in a treasury of 16,756 ETH, valued at $27.4 million (source).
AIP-304, Machi’s proposal to allocate 11m $APE to BAYC, MAYC, Punks, and more, is leading by 700k votes with 4 days left (source).
Magic Eden adds support for cost-effective NFTs (cNFT) exclusive to Solana, offering creative possibilities and accessibility for newcomers (source).

NounsDAO's fork, 472 Nouns, has officially departed from the DAO

The total value lost to cryptocurrencies that have been subject to hacking or security breaches now stands at $7 billion (source).
A FriendTech clone has been built on the Bitcoin Blockchain called Alpha (source).
FTX announced that claimants can now resume activities on the platform following the recent Kroll cybersecurity incident (source).
Ripple vows to fight the SEC case relentlessly to secure further significant victories (source).

The total value lost to crypto hacks now stands at $7 billion

The FOMC meeting is set for September 19–20. Will we see a September surprise? (source).
Elon Musk will investigate the X shadowban code, which may discourage interactions with smaller accounts, possibly affecting reach (source).

Elon Musk to address X Shadowban code

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 Paolo.

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