Daily Flash | Former WeWork CEO to Incorporate Crypto Into New Venture, Anthony Hopkins Releases MBTI NFTs, Gnosis to Airdrop 50M SAFE Tokens

Today's Headline - Former WeWork CEO Adam Neumann's New Real Estate Company Is Planning A Digital Wallet That Stores Crypto: Forbes Report

Former WeWork CEO Adam Neumann is back with new attempts to reinvent himself with the help of blockchain technology through the launch of a real-estate startup called Flow.

According to Davidson Goldin, a spokesperson for Flow, the company backed by a $350 million investment from Andreessen Horowitz, intends to launch a digital wallet that can store crypto – among other currencies, including U.S. dollars – in addition to the real estate management software it announced previously.

Neumann has previously tested the waters of cryptocurrency, cofounding a startup called Flowcarbon, which recently raised $70 million in a funding round also led by Andreessen Horowitz. The startup intends to tokenize carbon credits, but recently delayed a token sale citing poor cryptocurrency market conditions.

However, Goldin also stated that Flow would not be receiving crypto payments for rental of its apartments, nor would the company be “one of the largest implementations of blockchain in the economy,” before adding that a tokenized rewards program from Flow could involve cryptocurrency.

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Chart of the Day - Total ETH Staked Reached ATH

As of this writing,
Bitcoin (BTC) is changing hands at around $22,760, down 3.13% in the past 24 hours,
while Ether (ETH) is trading at $1,820, or down 1.82% during the same period.
Major altcoins are mostly trading in the red, with Cosmos (ATOM) leading the plunge by -12.19%, while Cardano (ADA) is down by 8.06%, Solana (SOL) -6.37%, Polkadot (DOT) -7.64%, and Avalanche (AVAX) -9.89%.

Notable gainers include:
Gnosis (GNO) at $191.97 (+8.65%),
Frax Share (FXS) at $6.13 (+3.47%),
Rari Governance Token (RGT) at $5.71 (+1.96%).

Notable losers include:
Sperax (SPA) at $0.0155 (-24.75%),
Unifi Protocol DAO (UNFI) at $9.69 (-15.75%),
Oasis Network (ROSE) at $0.0741 (-14.66%).

As of this writing, Bitcoin (BTC) and Ether (ETH) were trading at $22,784 and $1,819, or down by 2.73% and 2.38 %, respectively. For BTC, as of today’s price, it has been down by 7 days consecutively (-6.72%), diverging from the U.S. equity markets, which saw the Dow Jones Industrial Average (DJIA), tech-heavy Nasdaq Composite (IXIC), and S&P 500 (SPX) up by 1.7%, 0.77%, and 1.39%, respectively during the same period.


As mentioned in yesterday’s technical outlook, a break and close below this zone may see the bears bringing the price back to Aug. 4’s low of $22,398, which coincides with the 23.6% Fibonacci level measured from Mar. 28 - Jun. 18.

If the bulls fail to sustain above the aforementioned support zone on a daily candle, this may lead BTC price to plunge towards the $21,000 psychological level which forms a support zone along with the Jul. 26 low of $20,712.


So far, the 50% Fibonacci level measured from Apr. 3 - Jun. 18, along with the weekly support level at $1,800, which coincide with the 20-day EMA ($1,777) still forms a strong support zone.

If the bears manage to pull the price below this zone, ETH may fall towards the $1,700 psychological level before diving deeper into the weekly support level at $1,610, which served as strong support from Aug. 1 - Aug. 5.

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Influencer of the Day - Golden Globe and Oscar winner Anthony Hopkins releases an NFT collection

The project, called The Eternal Collection, includes three drops centered around a set of 10 digital animations of Hopkins digitally rendered as interpretations of various Jungian character archetypes the actor has portrayed throughout his career. Their designs also incorporate aspects of Hopkins' work as a painter.

The animations will be roughly 30 to 45 seconds in length. Each of the ten animations will feature a separate release of 100 PFP variants of their particular Jungian character theme, for a total of 1,000 NFTs in the PFP portion of the drop.

Hopkins will donate a portion of the proceeds from the auctioned work to a charity of his choosing.

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Buzzes of Yesterday - #Gnosis to Airdrop 50M SAFE Tokens, #CME to Add ETH Options Before Merge, #Russian Hacker Extradited from the Netherlands to U.S.

Web3

Gnosis Safe To Airdrop 50 Million SAFE Tokens to ERC20 Wallets

Rarible Proposes No-Fee Bored Ape NFT Marketplace for ApeCoin Users

Ripple Unveils Crypto On-Demand Liquidity Service in Brazil

Ripple, SBI Remit Join Hands to Enable Real-Time Payments Between Japan and Thailand

Ethereum Fork ETHW Plummets 62% Just Weeks Before Merge

Tether Hires Accounting Firm BDO Italia For Stablecoin Reserves, Adds Monthly Reports

Dapper Labs Opens NFL Version of NBA Top Shot NFTs to the Public

Polygon leads investment in venture studio SuperLayer’s $25 million fund

GitPOAP raises $4 million to bring Github contributions on-chain

Helium Developer Nova Labs Buys FreedomFi to Accelerate Push Into Mobile Service

Business & Finance

Mercado Libre Launches Its Own Ethereum Cashback Token

CME Group to Add ETH Options Ahead of the Ethereum Merge

Chinese mining giant Canaan doubles profits despite the blanket crypto ban

Governments & Policies

Korean Police Seize Crypto for Unpaid Traffic Fines in Pilot Project

Alleged Russian ransomware attacker extradited from the Netherlands to face trial in US

U.S. Lawmakers Send Letters to 4 US Crypto Miners Asking for Details on Environmental Impact

Author: Gate.io Researcher Peter L.

This article represents only the researcher's views and does not constitute any investment advice.

Gate.io reserves all rights to this article. Reposting the article will be permitted provided Gate.io is referenced.

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