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For all our NFT fanatics - I’m sure this weeks news has kept you close to your screens. Lots of ‘tea’ going on for NFTs ☕️ particularly being labeled as ‘unregistered securities’ in a recent wells notice to OpenSea. Keep on Scrolling for headlines on NFT updates along with articles on:

Multi-million dollar crypto scam linked to soccer star Kylian Mbappe’s hacked X account 🥷

Trump’s plans to make the USA the world’s crypto capital 📍

The new record for Bitcoin millionaires minted in 2024 💰

• OpenSea receives Wells Notice from SEC claiming NFTs as unregistered securities (CD)

• Telegram CEO released from police custody and indicted in France with a bail payment of €5M (TB)

• Nasdaq officially files for Bitcoin options offering (WG)

• Apple’s NFC solution sets up tap-to-pay crypto solution launch (CN)

• Crypto markets saw $110M+ liquidated in less than 1 hour on Wednesday (X)

• TON blockchain officially back online after suffering 2 outages in 2 days, stopping all transactions (WG)

• A solo bitcoin miner produced a block worth 3.275 Bitcoin, nearly $200k (BM)

• $2B web3 startup building the future (Y)

• VCs remain bullish on crypto as ParaFi raises $120M to invest in startups (BiC)

• Former Coinbase and Square employees team up to change stablecoins raising $58M for Bridge from Haun Ventures and other top investors (FN)

• Gameplay Galaxy secured its $24M in seed funding (TD)

• Layer 1 startup Quai Network raises $15M from TPC Ventures, Giga Chad Ventures, and more (AB)

• Klumi Ventures and Fuze partner for web3 innovation in UAE (KV)

• double jump.tokyo closes $10M Series D with backing from Sony, Gate Ventures, Taisu Ventures and others (SI)

• Echo has invested $10M into startups (TD)

• Stablecoin startup Levels scores $3.6M from Dragonfly and Polychain (X)

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• Binance is urging U.S. support for release of executive Gambaryan, held in Nigeria (TB)

• The Chinese Yuan will be linked to new stablecoin for BRICS (WG)

• California judge declares Kraken and SEC lawsuit will continue to trial (WG)

• SEC charges ABRA for selling unregistered crypto asset securities (BN)

• Trump announces plan to make the U.S. the crypto capital of the world if elected president (TB)

• Elon Musk $DOGE insider trading case was dismissed (WG)

• ImmuneFi confirms that crypto hackers have stolen over $1.2B in 2024 (CT)

• Australians lost $122M of crypto in 12 months (CD)

• Discord channels belonging to 5 crypto firms hacked within the same week (P)

• BKCoin founder Kevin Kang reaches settlement with SEC for fraud and embezzlement (PB)

• Real time monitoring is a critical role for web3 security (BN)

• Soccer phenom Kylian Mbappe had his X account hacked to promote a $460M Pump.Fun scam (TB)

• BlackRock announces Ethereum ETF for Brazil (TS)

• DEXscreener and Etherscan show launch of Ethereum memecoin, PHIL, from a wallet connected to Genesis Block (TB)

• NFT-related tokens see a quick price drop following OpenSea Wells Notice (TB)

• Ethereum pushed for blockchian-based identity for fair airdrops (CS)

• ETH whales appear to be selling ETH (DH)

• Ethereum whale deposits ~$18M of ETH to Binance exchange

• Haru Invest CEO stabbed during court hearing (TB)

• Bware, a blockchain infrastructure provider, acquired by Alchemy for Europe expansion (TB)

• President Nayib Bukele lands on the cover of Time Magazine for El Salvador’s financial transformation with Bitcoin (T)

• Solana-based prediction market Bet on Drift beats out Polymarket in 24-hour volume for the first time with $20M (X)

• Solana monthly active wallets hits new all-time high (X)

• NFLPA sues DraftKings over closure of NFT business (IGB)

• Bitcoin millionaires rise 111% so far from 2023, totaling over 85,000 (CT)

• Hal Finney passed away 10 years ago and will always be remembered as the first recipient of a Bitcoin transaction (BM)

• A16Z Crypto’s complete guide to tokens (X)

• DeFi protocols for fixed income markets (X)

• The future and importance of privacy on blockchains (HVC)

• The rise and fall of Magic Eden’s Magic Tickets (X)

• Gary Gensler’s unclear thoughts of NFTs as securities 👇🏼🤨

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