ALPHA:
The N Project NFTs can be acquired on OpenSea for ~0.4 ETH. These NFTs can be staked on Treasure where $MAGIC tokens are earned. It takes ~2 weeks to recover your initial investment at current prices, and the perks of owning The N Project NFTs are many!
MARKET:
China making all cryptocurrency transactions “illegal” has forced a tremendous amount of liquidity into DeFi.
Broadly, equities and crypto have struggled in September due to the risk of rising interest rates and a strong dollar. Bitcoin seems to have found support ~$40,800 level and supply on exchanges for both ETH and BTC continues to fall.
Finally, it seems Tether FUD is catching a break for now:
NEWS:
Twitter Rolls Out Tips on the Bitcoin Lightning Network
Coinbase is enabling direct investment into crypto 401k and other options:
Visa chooses to build a Layer 2 network on Ethereum for stablecoins and CBDCs:
NFTs:
Twitter incorporating verified NFTs via crypto wallets:
RUGS:
A user error caused a $23m transaction fee to be made on a $100,000 transfer. The miner who earned the reward returned the funds:
Compound Finance bug overrewarded users with $COMP:
REGULATORY:
China is continuing their anti-crypto stance:
Slap on the wrist for Kraken sets a precedent for future exchanges:
PODCAST ‘O THE WEEK: