Azuki gets $30M in VC Funding

Welcome to the Exit Liquidity newsletter, the place to stay up to date on the ridiculous things that happen in the Crypto, NFTs & Web3. If you are looking to join the community check out the AlphaMint Discord where all the degens gather to chat in the dojo.

As this week comes to a close we inch closer to triple digit ETH once again. Macro market trends took the wind out of the sails as interest rates were raised by another 75 basis points. More rate hikes are projected later this year so keep that in mind as trades and moves come your way.

This week on the Exit Liquidity show we talk about the latest project to announce their VC fund raise and this time it's Azuki. Maybe we jumped the gun on the story-telling meta last newsletter and the real current meta is VC funding. The list is getting shorter and shorter on who is going to announce next. There are still a few viable options out there so make your bets and sweep floors accordingly. We also talk about how the SEC is now claiming that all of Ethereum is under their jurisdiction. We are not sure how this will hold up, but they're claiming since the majority of the ETH nodes are U.S. based, they can govern freely since "most" transactions originate in America. Good luck with that, SEC. We wrap up the show with a few projects and tokens we are personally looking at, investing in and very boolish on. Listen to our investment theses and maybe we'll convince you to take a swing as well or at least keep it on the radar. Naturally, none of what we talk about it financial advice. Don't let that stop you from the degen life though.

Watch Episode 9 of Exit Liquidity Now

Crypto

• The SEC claims that all Ethereum transactions fall under their jurisdiction

• The first tradable stablecoin to hit Robhinhood is $USDC

• Jamie Dimon says all cyrpto tokens are decentralized ponzi schemes

• Wall Street Journal tried to call out CoinBase for "proprietary trading business" and Coinbase sets the record straight

• IRS obtains court order to get records of U.S. taxpayers who failed to report and pay taxes on Crypto transactions

NFTs

• ApeCoin staking goes live October 31st. If you are interested in staking ApeCoin, here's a great thread from @risicare_eth.

• Cool Cats NFT announce new CEO and does little for the floor price

• LinksDAO gives away two tickets to the President's Cup

• Premint holders can now see what allowlist spots and benefits they get for all the NFTs they're holding and for the Discords they are in

• Unknown NFT collector drops 682 ETH on a Fidenza sweep

• Okay Bears signs licensing deal with IMG. The SOL Summer continues

• The Arbitrum chain goes live on OpenSean as does OpenRairty

• Funko teams up with Warner Brothers for DC Comics' NFT drop

• Chiru Labs, creators of the Azuki NFT, raises $30M in a Series A round

• Truth Labs, creators of Goblintown and more, officially open NFT marketplace

Web3

• Zilliqa looks to launch a Web3 Games Console in early 2023

• New England Patriots announce Chain as their official blockchain and web partner

• Coinbase Cloud debuts Web3 developer platform

• Immunefi Raises $24m for Series A to Secure Web3

Disclaimer: The Exit Liquidity Newsletter is meant to be an informational and entertaining way to share interesting things found in and around the Crypto, NFT and Web3 space. Nothing in this newsletter should be taken as the contributor's, Exit Liquidity's or AlphaMint's personal opinion or views. Nothing in this newsletter constitutes as professional and/or financial advice. Cryptocurrencies and crypto-related assets can be extremely risky investments, invest at your own risk.

Forever hodling your favorite influencer’s bag: @R2Degen @DRTYMLK @dripcult

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