Web 3 Digest in 1 Minute

Discover what is happening in the Web3 space with Ascend in 60 seconds.

Ascend
August 15, 2023

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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Machi Big Brother holds 211 DeGods, ranking as the second-largest holder. This raises concerns for the DeGods community, given his past swift disposal of BAYC and Azuki holdings (source).
Reddit seems to have managed to exceed 20 million with their digital collectibles on Polygon (source).
One community member used personal funds to put Pudgy Penguins on an NYC billboard, boosting awareness (source).

Machi holds 211 DeGods

PayPal is opening a Crypto Hub! Even though it's for select users, it's a great step towards wider adoption (source).
Ripple is on a non-stop journey; XRP will be the crypto solution to develop CBDC with banks in New Zealand (source).
Celsius App will close down in 90 days, as stated in the company's new disclosure during its bankruptcy proceedings (source).

PayPal opens a Crypto Hub

Continuing the Musk and Zuck saga, Elon will be streaming on "X," the road trip to the much-anticipated visit to Zuck (source).
Amid the Russia conflict, the US sent Ukraine $150 billion while giving $700 per household for Maui fire losses (source).

Elon will stream the drive to Zuck on "X"

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

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