Daily News - March 8, 2022
Treasure:
Some potential alpha for those in the TreasureDAO ecosystem. In today’s Twitter Spaces event, well-connected members of the community teased the importance of Keplr Wallet, a wallet built for the Cosmos ecosystem. This further lends support to John Patten’s previous discussion regarding migrating to the Cosmos ecosystem for gameplay. (Source)
OpenSea Volume:
As equities sold off, Ethereum continued its downward plunge hitting an intraday low of $2,458.17 USD (-48% from ATH). Unfortunately, OpenSea volume continued to tumble to its lowest value ($50.09M USD) since December 9th.
On the other hand, OpenSea trading volume on Polygon saw an uptick due to the release of Big Time's Early Access Pass.
News:
Following an internal investigation, Coinbase banned 25,000 addresses related to Russian individuals believed to be engaging in illegal activities. The ban prompted questions regarding the findings of the investigation and the degree to which Coinbase could limit users’ funds. (Source)
Immutable X, the gasless NFT marketplace built on StarkNet’s Ethereum scaling solution, reaches a valuation of $2.5B USD following a $300M USD raise from Temasek. (Source)
Gary Vee unveils details surrounding VeeFriends Series 2. For those holding Vee Friends Series 1, you’ll be able to claim a free Vee Friends Series 2, however, you’ll be responsible for paying gas. What’s more interesting is that Series 1 holders will receive exclusive access to the “Evolving” trait - likely to be the most sought-after trait in the upcoming collection. (Source)
Notable Sales:
A newly created wallet swept 55 Crypto Coven, 25 DeadFellaz, and 107 Sad Girls Bar for a grand total of 147.0762 ETH ($371,299.75 USD). (Source)