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The auction—hosted by Chiru Labs, creators of the Azuki brand—allowed people to place bids in Ethereum to secure one of eight skateboards, and amassed $2.5 million in ETH. Each of the skateboards is plated in 24 karat gold and weighs 45 pounds, according to Chiru Labs, which recommends that owners not try to ride them.

The highest bidder paid just over $400,000 for one of the skateboards, compared to around $260,000 for the lowest successful bid. Chiru Labs says that there were 145 total bids on the skateboards.

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Brought to by : @crypto_news

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​​3 Reasons Why Aptos (APT) Is Showing Almost 40% Growth in Last 24 Hours

Aptos showed the biggest return on the cryptocurrency market after spiking by more than 32% in the last 24 hours despite facing some serious problems right after being listed on Binance. Luckily, there are a few serious reasons why APT may still succeed on the market.

Negative funding rates
Funding rates may sometimes act as a starter for a reversal as opening more short positions becomes more expensive, and bulls receive support from market makers. Technically, after funding rates become negative, they are paying to bulls.

According to Coinglass data, Aptos token APT perpetual contract funding rate is negative, Binance -0.6683%, OKX -0.2797%, Bybit -0.7500%, FTX -0.3976%, or because the recent Aptos ecosystem has attracted a large number of participants for hedging. pic.twitter.com/9K9Q5vZgJd

— Wu Blockchain

The main reason behind funding rates turning negative was the active hedging after the team behind Aptos showed a lack of understanding of some blockchain mechanisms like the Sybil attack. After the release of a sudden airdrop, APT faced a massive spike in selling pressure, causing a plunge from $15 to $7.

VC's support
It is not a secret that prior to the listing on large exchanges, Aptos already received a massive amount of support from institutional investors. The main reason being the tie of the project to Meta's DIEM crypto project that became obsolete after facing a regulatory crackdown.

Unfortunately, some investors are worried that the large percentage of institutional investors will lead to an immediate spike in selling pressure as soon as APT starts recovering.

Market's recovery
Despite the 50% plunge, Aptos remains one of the biggest digital assets on the market, and a potential recovery of the market would certainly bring some support for the token. Unless institutional investors start selling the token as soon as possible, APT's recovery rally is not something investors have no right to expect.

At press time, Aptos is trading at $10 and showing a 32% price increase in the last 24 hours.

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Apple has updated their App Store guidelines that prevent NFTs from offering token-gated access to content, functionality or features within apps.

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BREAKING: Elon Musk is now in full control of Twitter.

Twitter CEO Parag Agrawal and CFO Ned Segal have left the company’s San Francisco headquarters and will not be returning.

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DC announced the next step in its digital expansion, DC Collectible Comics (DC3). The weekly drops, which can be bought and sold (subject to terms and conditions) on the fan marketplace at nft.dcuniverse.com, will feature rare variant covers and grading that physical comic book collectors have enjoyed over the years. Superman #1 will be the first DC Collectible Comic sold on the blockchain on October 27 for $9.99.

DC Collectible Comics will be released from two categories, Legacy and Modern. Legacy comics include releases of classic comic issues that may have been out of print for years while Modern comics will highlight a selection of recent releases from DC’s extensive line-up of comics.

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According to a report by Axios, Mr. Beast is trying to raise $150 million for his business, valuing it at $1.5 billion.

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Smartphone manufacturer Vertu revealed its latest device, Metavertu—a “Web3 phone” that can run its own blockchain node and turn photos and videos into NFTs with a single click.

The device itself is unapologetically aimed at the higher end of the market. All models sport a ceramic frame and Vertu’s signature sapphire glass screen, powered by a Qualcomm SnapDragon 8 Gen 1 CPU. A 6.67in, 2400×1080 AMOLED display, three-lens camera array and a 4,600mAh battery round off the standard specs list.

The entry-level model comes with a carbon fiber finish, 12GB RAM and 512GB internal storage and a $3,600 price point. The top-of-the-line model, meanwhile, has 18GB RAM and 1TB storage, and comes wrapped in "Himalaya Alligator leather," 18K gold and diamonds and comes in at $41,000.

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LVMH’s Rimowa has partnered with Nike’s RTFKT to feature 888 – a symbol for financial prosperity and good luck – NFTs backed by limited edition physical luggage.

Rimowa will also unveil a range of digital assets like Avatar Wearables and Space Robot Worker NFTs with RTFKT to transport the physical suitcases function into the metaverse for the first time.

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Get 100% for free from Litebitex (31.10.22)

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1. Follow the link: https://litebitex.com;
2. Pass the registration, and in your profile, enter promotional code: "CryptoCoin" ;
3. In your profile, must light up an inscription (100% to the first deposit)
4. Add $50 or more to your account, and get x2 to your deposit
5. Withdraw funds;
6. PROFIT!

KYC is not required, so the theme is easily abused with multi-accounts ✌️

If you have any questions, contact

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📣 P00ls launches creator worlds & decentralized exchange reaching $20m+ combined market capitalization within 24 hrs

P00LS, the leading community-first, decentralized protocol for social tokens, announced two major new features of the platform: Creator Worlds and the zerozero Decentralized Exchange (or DEX), which jointly enable P00LS' over 200,000 users to access the full suite of utilities available to them as tokenholders for each creator and to purchase and trade creator tokens. Twenty four hours after launch, the combined market capitalization of the four creator tokens listed on the zerozero DEX had already reached over 20M USD, demonstrating the market's demand for cultural access through social tokens.

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NFT marketplace myNFT has announced it will showcase its first-ever physical NFT vending machine at this year’s NFT.London event scheduled for Nov. 2–4.

The NFT platform hopes to provide an easy and accessible way for people who want to start buying and trading digital assets without needing deep knowledge of the Web3 industry. The vending machine will allow users to purchase an NFT without owning a digital wallet.

Users who want to purchase an NFT through myNFT’s vending machine will need to select one of the envelopes on display and then key in the code provided. After paying, they’ll be able to scan the QR code in the envelope, which will come with an invitation to set up a myNFT account, complete with an NFT wallet where they’ll receive their NFT.

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The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

While
non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market platform currently dominates the top five NFT marketplaces by 79%.

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With an increasing number of financial and political crises in recent years, Latin American citizens have found in crypto a powerful tool to cope with the instability. Now, non-fungible tokens (NFT) are booming in the region, with the goal of solving real problems and not speculation.

High inflation has led millions of Latin Americans to seek refuge in cryptocurrencies, with stablecoins leading the way. According to Mastercard, 51% of consumers in the region have made at least one transaction with crypto. Brazil, Argentina, Colombia and Ecuador are among the top 20 countries with the greatest crypto adoption, according to Chainalysis' 2022 Global Crypto Adoption Index.

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GameStop announced that it has added support for NFTs minted via Ethereum layer-2 scaling network Immutable X to its marketplace—which means that assets from Web3 games can be bought and sold through the platform.

GameStop is offering various incentives for traders to use its nascent NFT platform. According to a representative, the marketplace is giving users 1% of their daily trade volume back in Immutable’s IMX token and also offers rewards for staking (or locking up) tokens. It has also set its marketplace fee to just 0.2% for an unspecified duration.

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Hong Kong has launched a pilot project for virtual assets ETF trading.

In an update to its digital assets policy published Monday, the government said it plans to launch a tokenized green bond.

The nation also is planning to test a proof-of-concept project with an NFT issuance for Hong Kong Fintech Week.

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2024/10/01 09:20:56
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