POKKET: Crypto Market Update (Sep 1)
Bitcoin is flat at $46.9k, ETH is up +5.9% to $3400. Movers are YFII +30%, REN +18%, MTH +16%, FET +15%, DODO PNT +12%, ALPHA ANT +10%, LIT +9%, FTM -13%, OGN ALICE -9%.
FTX US has acquired LedgerX, a crypto derivatives exchange, for an undisclosed sum though there are hints it is north of $35M, the amount the exchange raised in funding to date.
Offchain Lab has launched its mainnet, Arbitrum One, which uses optimistic rollup technology for scaling Ethereum on Layer 2 and has raised $120M in a Series-B funding round.
Zilliqa had an issue post-upgrade to v8.1.0 as blocks processed after 1,394,000 were ignored although the network processed them, leaving two global states.
Brave has partnered with Gemini to allow users to cash out their BAT tokens earned from viewing ads, although users are reporting early bugs in the integration.
Larva Labs has signed with UTA, the famous Hollywood agency, as it looks to create film, TV, video games and other media for CryptoPunks, Meebits and Autoglyphs.
Tether is asking courts to block the NYAG from releasing documents to Coindesk and other news organizations, which would reveal the composition of Tether’s reserves.
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