Web3 Weekly Review: CFTC's attention on Polymarket, Harris' first remark on crypto...
NFT Weekly News #65 16th September - 22nd September
NFT News Weekly Update #65
(16/09/2024-22/09/2024)
GM
Welcome to NFT Weekly News by Threekeyslab🗝️🗝️🗝️. Here you can find the latest curated news📰in the NFT world. Every week, we aim to provide a selection of the most interesting news and events that are fostering the development of the NFT world.
The NFT field is constantly evolving, and this article will review last week's Top🔝NFT news. Let's take a look👀together!
(Please don't forget to subscribe below and follow Threekeyslab on Twitter for more! )
Top News 🔝
📌 NFT | CFTC eyeing Polymarket, betting platforms amid elections (Sep 17)
The United States Commodity Futures Trading Commission says it’s paying close attention to Polymarket and other offshore crypto betting platforms offering derivatives contracts to US customers — threatening enforcement actions against those who break the law.
US Politics | Harris Says Her White House Will 'Invest in America's Future' Which Includes 'Digital Assets'(Sep 23)
Democratic nominee Kamala Harris has made her first remarks on crypto to donors in NYC during a fundraising dinner.
Prediction market Polymarket is giving Harris a significant lead over Donald Trump with over $980 million bet on the platform.
Uniswap's Hayden Adams endorsed Harris' remarks in a thread on X.
Market Update 📣
Last week, the primary NFT PFP projects that saw significant sales included BAYC, Crypto Punks and Elemental. These collections are famous for their charming characters and distinctive designs, which make them very popular in NFT market.
Chromie Squiggle, Winds of Yawanawa and Anticyclone stood out as the main NFT Art projects sold last week. Winds of Yawanawa has experienced in the past week an increase in trading volume, reclaiming public attention through its distinct aesthetic senses and creative ingenuity.
Credit to: @Deepnftvalue
Other News 👀
Web3 | Yuga Labs unveil 1000x levered trading app(Sep 19)
BAYC introduced a new trading simulation game called "Top Trader" for ApeChain.
Traders will compete with 100x+ leverage trades to earn rewards.
Meme | BONK ETP to launch in US(Sep 21)
Gamefi | Hamster Kombat’s Season 1 Snapshot Sparks Controversy as Players Demand Transparency(Sep 22)
The controversy erupted when some of the crypto community members revealed that nearly 63% of players had been disqualified from receiving their HMSTR tokens. Just before the snapshot, a last-minute rule change introduced an “anti-cheat” system, which disqualified players based on key collection instead.
NFT | Lost Robbie sells for 200ETH(Sep 22)
“AI generated nude portrait #7 FRAME #7” NFT was sold for 200 $ETH (~$472K).
Crypto Macro | BNY Mellon given approval to custody Bitcoin by the SEC(Sep 21)
Senator Cynthia Lummis' General Counsel says the SEC gave BNY Mellon a variance approval "to move forward" with #Bitcoin and crypto custody.
Crypto Macro | Wintermute launches multi-chain prediction market(Sep 18)
Wintermute’s platform multi-chain functionality allows users to participate directly from their chosen blockchain. This approach removes the technical barriers often found in single-chain prediction markets. It simplifies the process by eliminating the need to transfer assets between different chains, ultimately reducing costs and complexity.
Weekly NFT Marketplace Trading Volume Across Major Blockchains 📣
Over the past week, NFT marketplace volume went up to $117.9 million. Polygon claimed the top spot with a 37% market share, $43.3M chain volume, surpassing both Base and Ethereum. Base and Ethereum recorded $31.1M and $24.5M as volume, securing the second and third positions, respectively.
Credit to : @NFTpulse