Cryptocurrency

Rugrats co-creator Gábor Csupó is aiming to bring some 90s nostalgia to the NFT market with his digital art collection COSA MONSTRA.

The legendary animator, also known for his work on The Simpsons, Aaahh!!! Real Monsters, The Wild Thornberrys, Rocket Power and many more childhood classics, has created 10,000 unique NFTs on the Ethereum blockchain.

It is the latest chapter in an illustrious career that has spanned more than 50 years. The NFT doubles as membership to Csupó’s upcoming Web3 studio, Inkhead Studios, where fans will be able to get early access to future collections, exclusive merchandise and a growing community of fans. 

“The NFT space is booming right now, and I wanted to give my fans across the world the chance to enjoy a little bit of 90s nostalgia wherever they are,” said Csupó. 

“This new digital art collection is just the first step in an exciting Web3-focussed journey that I’m exploring, and I can’t wait for people everywhere to be able to jump in for the ride.” 

Each COSA MONSTRA is hand drawn by Csupó and generated from a list of over 500 possible traits, which can include different expressions, headwear, clothing and more. 

The collection has never been seen by the general public and will be available to mint on September 6th for a special allowlist. The public mint will go live later the same day, with a mint price of 0.18 ETH.

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CoinFund has launched a $300m early-stage venture capital fund backed by Adams Street Partners, StepStone Group, Accolade Partners, Theta Capital and crypto-native founders. The company has previously backed the likes of FTX, Dapper Labs and Blockdaemon.

Rocketplace, a startup that aims to build a ‘next-generation asset management platform for crypto’, has raised $9 million seed funding. Launchpad Capital led the round, which also included participation from TTV, Accomplice, Menlo Ventures and Soma Capital. 

Australian indie game developer Grease Monkey Games, a subsidiary of Animoca Brands, has been backed by giant Epic Games to develop a new blockchain-based motorsport game, Torque Drift 2.

Infinite Asset, a Web3 and Metaverse infrastructure company, has hired Alan Krassowski as CTO. He replaces Lucas Henning, who is the new CTO at Suku, InfiniteWorld’s Web3 partner.

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Crypto prices

The overall market cap of the more than 20,600 coins is at $1.08 trillion at the time of writing (7am UK), a 3.1% decrease in the last 24 hours.

Market leader Bitcoin – the original cryptocurrency created by the mysterious Satoshi Nakamoto – lost 3% to $22,800. BTC is 5% down on a week ago.

Ethereum, the second most valuable crypto coin – created as a decentralised network for smart contracts on the blockchain – fell 2% towards $1,800. ETH is 4% down over the course of a week.

Binance Coin is a cryptocurrency created by popular crypto exchange Binance to assist its aim in becoming the infrastructure services provider for the entire blockchain ecosystem. Its BNB token shed 5% to $292, leaving it 10% down over seven days.

The XRP token of Ripple, a payment settlement asset exchange and remittance system, acts as a bridge for transfers between other currencies. XRP fell 4% to 36.2 cents, with its price 4% down on seven days ago.

Cardano is an open source network facilitating dApps which considers itself to be an updated version of Ethereum. Its ADA token, designed to allow owners to participate in the operation of the network, dropped 8% to 49c and is 6% down in a week.

Solana is a blockchain built to make decentralised finance accessible on a larger scale – and capable of processing 50,000 transactions per second. Its SOL token dropped 7% to $38.23 and is 11% lower than its price a week ago.

Meme coin DOGE was created as a satire on the hype surrounding cryptocurrencies but is now a major player in the space. DOGE plummeted 9% to 7.4c but is 5% up over seven days.

Polkadot was founded by the Swiss-based Web3 Foundation as an open-source project to develop a decentralised web. Its DOT token, which aims to securely connect blockchains, lost 7% to $7.85 and is 15% down on its price a week ago.

Polygon aims to securely connect blockchains as a sort of decentralised internet. Its MATIC token dropped 6% to 84c, while it is 9% down in a week.

Avalanche is a lightning-quick verifiable platform for institutions, enterprises and governments. Its AVAX token fell 10% to $23.31 and is 19% down in a week.

To see how the valuations of the main coins have changed in recent times – and for round-ups of recent cryptocurrency news developments – click here.

For valuations of the top 100 coins by market cap in US dollars, plus 24-hour price change, see below.