ON-CHAIN & ANECDATA
- Mastercard to allow crypto payments in Web3 via USDC settlements >> cointelegraph
- Polygon Labs reduced the team by 20% impacting multiple teams and about 100 positions >> twitter.com/sandeepnailwal
- Immutable carries out second round of layoffs in seven months, cuts 11% >> theblock
- Introducing HyperSDK, the first framework for developers to build high performance Virtual Machines on Avalanche >> twitter.com/avalancheavax
- Bain Capital Crypto backs gaming firm creating on-chain diplomats >> theblock
- Ethereum Shapella upgrade gets new date, making way for un-staking ETH >> cointelegraph
- Bosch and Fetch.AI launch $100M foundation to fuel Web3 adoption >> cryptopotato
- Blur to airdrop $300M in extra tokens to 'Loyal' NFT traders >> twitter.com/blur_io
- Forget Coinbase. Banks May Win US Crypto Custody Race >> bloomberg
GIP | CRYPTO QUAD QUANT
*With exception, risk range calculations and market data reflect pre-market prices (updated as of 6:00AM EST +/- 30 mins)
**Performance in title is calculated using latest price relative to the Bloomberg CFIX reference rate which provides a simple average of the BGN Pricing Source for any given Cryptocurrency over a 15 min window between 4.00pm and 4.15pm EST. Here, it serves as a reference proxy for "overnight" performance.
