Web3 gaming platform AQUA has debuted a marketplace for trading in-game assets, a Coindesk report said.
The startup has also announced a $10 million investment from hedge fund billionaire Steve Cohen-backed DIGITAL.
Web3 game assets are usually NFTs, letting players take items like weapons and armor into the ecosystems of other games.
Meanwhile, Mike Novogratz, the billionaire who founded Galaxy Digital, says cryptocurrency has been working out lately because, in part, there aren’t a lot of forced sellers left, Bloomberg wrote.
“We’re in this weird equilibrium where there are a few buyers, there are a few sellers, and there’s not that energy in the market like you’re seeing in the equity market or the bond market where you have to sell, right?” Novogratz said.
In addition, Irina Haivas a partner with venture capital firm Atomico, has said the difficult climate for digital assets has weeded out “tourists” in crypto, Bloomberg wrote.
Speaking at the Bloomberg Technology Summit on Wednesday (Sept. 28), she said the hype being gone has eased things up a little. She said those building crypto companies now are aware of the market conditions, and “want to build something more sustainable rather than speculate around it.”
Furthermore, Coinbase Cloud and Chainlink Labs have partnered for NFT Floor Pricing Feeds, to help support NFT builders, a company blog said.
It comes as there’s been a need for “accurate and reliable” real-time market data to help builders, which needs “robust” market data solutions and reliable trust-minimized infrastructure.
In other crypto news, the EU will be making stricter rules against Russian crypto investments, Coindesk wrote.
The bloc is trying to respond to what it says are “sham” independence votes in various Russian-occupied places in Ukraine.
One anonymous source said a previous cap of crypto holdings of 10,000 euros, or $9,600, will be scrapped.
Finally, the Brazilian Securities and Exchange Commission (CVM) has requested that crypto exchange Mercado Bitcoin give information on fixed-income tokens which have been issued in the last two years, Coindesk wrote.
The agency wants to know how much Mercado Bitcoin raised with the tokens, and the investors who took part.
New PYMNTS Study: How Consumers Use Digital Banks
A PYMNTS survey of 2,124 US consumers shows that while two-thirds of consumers have used FinTechs for some aspect of banking services, just 9.3% call them their primary bank.
https://www.pymnts.com/connectedeconomy/2022/today-in-the-connected-economy-snap-sees-the-promise-of-augmented-reality-fashion/partial/
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