🌶️ Spicy… GameStop said it’ll shut down its NFT marketplace after its digital-asset revenue fell off a cliff. While the overall NFT market’s seeing signs of life thanks to ordinals (bitcoin NFTs) and solana-based tokens, it’s still down from its 2022 highs.
🤹♀️ Quirky… For (at least) the second time, Coinbase’s lawyers put forth the legal argument that purchasing crypto is similar to buying Beanie Babies. The exchange is pushing a judge to dismiss an SEC lawsuit alleging it sells unregistered securities.
🪙 Coins… The trueUSD stablecoin lost its $1 peg, falling to 97 cents yesterday. Traders began dumping the token after reports of problems with the publishing of real-time snapshots of the coin’s backing (aka: “attestations”).
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