Ubisoft and Arbitrum Team Up for Web3 Shooter Launch

Daily Top Performer — Sui Network (SUI)

The S&P 500 rose 0.82%, boosted by positive inflation data. Investors are now looking ahead to producer inflation data and earnings reports. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 6.02%, with Bitcoin and Ether rising by 5.11% and 5.41%, respectively in the past 24 hours.

Today's top performer is SUI, which surged 30.9% after Backpack announced a partnership with Sui to expand its crypto ecosystem.

Sui Network (SUI), launched on May 3, 2023, is a Layer 1 blockchain designed by Mysten Labs to enhance web3 functionality and scalability, focusing on smart contract efficiency and NFT gaming development. The project is led by former Meta executives from the Novi digital wallet team. Sui is now partnering with Backpack, a popular crypto exchange and wallet. This collaboration aims to enhance the user experience for both platforms, providing Sui users with a reliable wallet solution and expanding Backpack's user base to include Sui enthusiasts.

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Talk of the Town

Ubisoft and Arbitrum are launching a Web3 shooter game, Captain Laserhawk, on December 18th. 1  The game will feature characters from various Ubisoft franchises and will utilize NFTs and blockchain technology on the Arbitrum network. 2  This launch signifies a step forward in Web3 gaming, with growing interest and investments in the sector.

Check Out the Latest Prices, Charts, and Data of ARBUSDT Perp and ARB/USDT Spot Contracts!

Bitcoin Spot ETF Flows

Yesterday, the total inflows into Bitcoin spot ETFs reached $223.1 million. Grayscale Bitcoin Trust (GBTC) saw inflows of $20.1 million, while other non-GBTC funds attracted $203.0 million. 

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Airdrop to Watch

If you received the FRAME airdrop in December 2023, you're likely eligible for an upcoming airdrop on the Abstract chain. The FRAME allocation has been integrated into Abstract's loyalty system, suggesting similar qualifications for both airdrops.