Sotheby’s centuries-old auction house meets crypto security

Check the best trends & indicators [View in Browser]( We're partnering with [Real Vision]( a leading crypto media and online community, to promote security & education. [Don’t miss it:]( on October 12-13th, we'll be co-hosting the Festival of Learning - The Next Digital Assets Wave, a 2-day virtual journey that will bring you key updates on the latest developments in crypto. [Register HERE →](  News Corner   [Ethereum becomes more concentrated after an infrastructure provider drops out.]( Blockchain infrastructure provider Blocknative [said]( it would stop operating as a so-called relay, a key participant in adding blocks of transactions to the Ethereum blockchain. Over 90% of Ethereum transactions are now handled by four relayers. [A](. Morgan report]( recently highlighted that The Merge and Shanghai upgrades have increased the network centralization. [A director of Banco Central de la República Argentina explains that a 'digital peso' will "aid taxation."]( The director of Banco Central de la República Argentina pushed CBDC to aid in a new tax regime using blockchain: "By having traceability of operations with a digital currency (...), you broaden the tax base. This will allow you to raise more without raising taxes and even lowering them." In contrast, Javier Milei, a pro-Bitcoin political contender leading presidential polls, [recently said]( that Argentina's central bank should not exist. [Bitcoin struggles to rally above $28.5K.]( Bitcoin started the week with improved investor sentiment, but a few trends have limited Bitcoin's ability to surpass the €28.5K level, the most important being the macroeconomy. Higher interest rates have raised the probability of further economic slowdown, with the U.S. Federal Reserve Vice Chair for Supervision, Michael Barr, stating that the full impact of the monetary policy "has yet to be realized." [Manage your crypto with Ledger Live](     Market Indicators  → [27]( Solana (SOL)’s weeks of institutional inflows this year, with only 4 years of outflows so far. This success is due to the token’s partnership with many financial institutions, including Visa. Solana’s network reached its highest total value locked (TVL) this week, with $338.82 million in value. → [3]( The years-low reached by crypto VC funding. Per Messari, a blockchain analytics firm, deals are down 36% from the previous quarter and nearly 70% from Q3 2022. “Trends in deal counts show a significant shift away from later-stage projects and into early-stage projects over the last three years,” researchers wrote.    Ledger Stories    Pascal Gauthier and Ian Rogers [caught up with Cointelegraph last week in New York.]( They talk institutional adoption, macro environment, and Bitcoin’s shifting narrative.  Next week is Bitcoin Amsterdam, where not only Edward Snowden will speak about digital freedom, [but also Ledger's CTO Charles Guillemet will talk about Bitcoin governance.](  [The Ledger Academy tackled the approaching ‘Bitcoin Halving,’]( a scheduled event where the rewards given to miners for successfully validating a block are cut in half. Guess what? This event might profoundly influence the next crypto cycle. Insight Ledger And Sotheby’s Partner To Secure The Future of Digital Art   Digital collectibles are bound to reshape how collectors and artists experience creativity forever, [and that’s why we’ve partnered with the centuries-old auction house Sotheby’s in a fusion of tradition and innovation.]( [→ Learn more about this unique partnership.](   [Ledger]( Follow us on: [Ledger YouTube]( [Ledger Twitter]( [Ledger Instagram]( [Ledger Facebook]( [Ledger TikTok](ledger) & listen to our podcast [here](. This email was sent to you because you signed up at Ledger.com or purchased a Ledger product. We respect your right to privacy. Read our [Privacy Policy]( and [Cookie Policy](. © Ledger SAS. All rights reserved. Ledger brands are registered trademarks of Ledger SAS. Ledger SAS, 1 rue du Mail, 75002 Paris To unsubscribe from future emails or to update your email preferences, [click here](NAME}L86DBG?a=n&i=n&elqTrackId=7e9bde660abe4ef6aae1d6d4dcc02590&elq=0fe938658ad94b2682343590cf7976ac&elqaid=712&elqat=1&elqCampaignId=277).