The Insider #34

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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

  • Pudgy Penguin did it again: Web3 steps into a Brave New World. Pudgy Toys and Pudgy World have made their debut in 2,000 Walmarts across the USA (source).

  • Casey introduces a new Ordinals protocol called Runes: a 'worse-is-better' fungible token protocol for Bitcoin (source).

  • Yuga Labs' Legends of Mara game is now live! Hatch your Mara, harvest Sediment Fragments, and defend against Shattered. The journey begins now (source).

  • VeeFriends partners with Mattel's Masters of The Universe to unite Skilled Skeleton and Skeleto (source).

Pudgy Toys and Pudgy World have made their debut in 2,000 Walmarts

Crypto News

  • US Congress members request SEC Chair Gary Gensler's approval for spot Bitcoin ETFs (source).

  • The U.S. Federal Reserve warns that stablecoins could pose a risk of financial instability for the broader financial system (source).

  • Chase Bank in the UK is disallowing cryptocurrency-related payments for its customers (source).

  • Ethereum has achieved a remarkable milestone by surpassing $10 billion in revenue faster than industry giants like Facebook and Microsoft (source).

Ethereum reaches $10 billion in revenue at a faster pace than Facebook and Microsoft

Macro News

  • Bloomberg reports that the billionaire chairman of the bankrupt Chinese property giant Evergrande has been arrested (source).

  • Amazon is intensifying the AI competition by investing up to $4 billion in the high-profile startup Anthropic (source).

Amazon invests up to $4 billion in AI startup Anthropic

Daily Prices

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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