CRYPTO Market Updates [October 2, 2021] #shorts

An incredible day on the crypto markets, with a number of coins in the green. Global crypto market cap is back above 2 trillion dollars. Cosmos up close to 9% over the last 24 hours. Axie Infinity on an absolute tear recently, up over 18% today and over 70% this past week. VeChain also having a big week with it going up 26%. Grayscale added Solana’s namesake token and the decentralized finance token Uniswap to its large-cap crypto fund for the first time Friday, with a 3.24% SOL position. Hackers used a flaw in Coinbase’s account recovery process to get the SMS two-factor authentication token to break into customers’ accounts and transfer funds out of them, affected at least 6,000 of the exchange’s customers. 24-year old Rahul Rai became a millionaire in May after BlockTower Capital acquired the fund he'd co-founded.

He believes avalanche is the Ethereum network's closest rival and will "steal liquidity" from the bigger blockchain.