Web3 Digest in 69 Seconds

Discover what is happening in the Web3 space with Ascend in 69 seconds.

Ascend
August 18, 2023

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Whales offered to buy some (100) of Machi's 400 DeGods to prevent potential project damage, but accepting could lead to a $280k (158 ETH) loss for the 100 DeGods (source).
Apparently, Machi has initiated DeGods sales through bids and now holds only 30 DeGods (source).
OpenSea's Nov 2022 Operator Filter lacked support. It adopts optional creator fees from Aug 31, 2023, stressing web3 choice by discontinuing the filter (source).

Machi began selling his 400 DeGods and currently possesses 30

The crypto market witnessed $769 million being liquidated, leading to bad consequences throughout the crypto space (source).
Bitcoin dips below 26K in a sharp daily candle, even touching 24K. The last time we witnessed such a movement was in 2021.
The judge allows the SEC to appeal the XRP ruling on transactions through exchanges not violating securities laws (source).

Bitcoin dips below 26K, even touching 24K

Evergrande, a major real estate company facing financial challenges, has filed for Chapter 15 bankruptcy in New York (source).
President Trump cautions that the US dollar's supremacy as the world's reserve currency is waning, and he asserts that if reelected, he would replace Powell (source).

China Evergrande has filed for Chapter 15 bankruptcy in New York

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