Web 3 Digest in 1 Minute - Ascend Test

Welcome to Ascend's Newsletter, your NFT hub with a touch of crypto. Explore the latest in Web3 space and the broader decentralized world with us. Thanks for joining the Fam!

NFT News

• Hanwe executes a perfect plan to make 800 ETH ($1.47M) on Azuki Elementals (source).

• The NFT Market has had a rough time, with trading volume down by 95% (source).

• Coolcats, one of the most iconic NFT projects, has shared their Comic-Con video (source).

• Ringers #519 was recently sold for 32 WETH, showing that NFT Art is on the move (source).

Crypto News

• Tether, the company behind $USDT, is the 11th largest Bitcoin holder (source).

• Miami Mayor Suarez accepts Bitcoin for the presidential campaign, showing interest in and supporting new technologies and innovation (source).

• Crypto lending platform Alchemix announced the return of all stolen funds from the previous hack—a total recovery of $61 million in crypto (source).

• Ethereum ETF is just around the corner; after apps surge, analysts estimate a 75% chance of approval could lead to Bitcoin ETF (source).

Macro News

• It looks like the Elon vs. Zuck fight will be streamed on “X”; maybe this is why the “X” team has been working so hard on improving video quality (source).

• Elon Musk announced that "X" will help people fired from their jobs for "X" activity with legal representation and take strong legal action against the companies involved (source).

Prices Update

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

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