NFTs
What I found most compelling in this digital art history is how NFTs are far less revolutionary as an art form than I had believed
Coinbase’s Base welcomes the second iteration of its Onchain Summer, and NodeMonkes is now the most popular Bitcoin NFT
Runes protocol will bring versatility to Bitcoin, but some are worried about the increased fees
Despite ordinal volume dipping following the Bitcoin halving due to high network fees, the latest Motoko Sentinel collection saw an increase in its trading volume
Resy co-founder Ben Leventhal’s newest venture involves public blockchains and free coffee
Plus, Justin Sun releases a song by Hans Zimmer and PayPal will no longer protect NFT scam sales
Plus, memecoins are so back and NFT project Sappy Seals opens a playtest of its metaverse
Plus, a modular layer-2 raised $50 million and Steve Cohen’s Point72 Ventures made a crypto investment
Layer-3s are helpful for attestations but not as much for DeFi, Stack said in a blog post
This represents a change in course for Trump, who previously told the BBC that bitcoin “seems like a scam.”
Plus, Binance sees blowback for its perfume launch and Coachella gives NFTs a second chance
This time around, the festival says it’s partnering with a “trusted, secure and safe partner” in OpenSea
Plus, Pudgy Penguins grows its brand and a group of Autoglyphs sell for $14.5 million
Pudgy also announced its toys would expand to an additional 1,100 Walmart stores this week
Get the daily newsletter that helps thousands of investors understand the markets.