Crypto
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The Crypto Catch-Up…

Snacks / Thursday, March 07, 2024

📸 Flashy… The Coachella fest said it’s releasing nonfungible tokens that’ll double as passes to the California music bash. The NFT market plunged after its nearly $24B sales-volume peak in January 2022, but has recently been turning up the volume.

🤖 Techy… Some Coinbase users saw incorrect account balances of $0 on Tuesday as bitcoin hit a record high. It’s the second time the exchange had glitched in a week, and follows a long history of outages and errors coinciding with bitcoin rallies.

🤹‍♀️ Quirky… Binance made a perfume called “CRYPTO” to celebrate International Women’s Day (the scent: ozone, salt, and moss) and maybe freshen up PR. The exchange agreed to pay $4.3B to settle US anti-money-laundering charges.

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