Circle, which owns one of the most popular stablecoins – USDC, has made changes to its financial forecasts due to the automatic conversion of USDC into BUSD stablecoin and the risks after the collapse of FTX, outlining them in a new document for the Securities and Exchange Commission.
Yuga Labs, the owner of the NFT collections Bored Ape Yacht Club and CryptoPunks, announced that it will be donating a CryptoPunk to the ICA Miami as part of its new Punks Legacy Project.
Sportswear giant Nike has launched .Swoosh, a new Web3 platform that will be used to buy, sell, and trade virtual Nike pieces such as apparel and shoes for games and immersive experiences.
BAYC NFT prices have been down significantly in recent weeks. This price drop has not only affected NFT traders, but also celebrities, like Justin Bieber. Bieber bought an average NFT for $1.3 million, and now it’s worth a tiny fraction of what he paid for.
The court has set a deadline for filing lawsuits against Celsius, January 3 2023, for all who suffered from the bankruptcy of the company. An independent expert also presented her first report.
