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Crypto markets are pretty stable, as Bitcoin is right on $19k with $34B of volume. Ethereum is relaxed at $1325 on $17B of volume over a quiet weekend. Regulatooors continue to hammer the crypto industry, this time with the CTFC suing Ooki DAO, a DAO which bZx founders started to decentralize control of the bZx protocol. Basically, the CTFC is saying the DAO is an unincorporated entity and its governance doesn’t matter — this is spooking DeFi and DAO delegates as it may set a precedent for how regulators and lawmakers treat DAOs overall.
NFT volumes come back down, with $11M trading over the past 24 hours. $7M printed in ETH-NFTs, while $2M worth was traded in Solana-NFTs. BAYC takes the top spot with $1.1M in turnover, the rest are the usual suspects.
Check out our Dune dashboard for details → https://dune.com/lhagiimn/cyan-market-dashboard
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NFT headlines:
NFTs Will Spawn the Next Marvel or Disney, Says Solana Founder
Tyler Hobbs’ Fidenza NFT Project Gets $1M Pump Over 48 hours
Disney NFTs: Enter the Web3 Worlds of Marvel, Star Wars, and More
‘Game of Thrones’ Enters the Metaverse With Funko Digital Pop NFT Collection (EXCLUSIVE)
Remember Starting Lineup NBA Action Figures? They’re Back — With NFTs
Many NFT projects lack adequate smart contract testing, says nameless founder
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