GOP Lawmakers Call for the Removal of Gary Gensler With SEC Stabilization Act

It seems proceedings may soon become even more complex within the U.S. Securities and Exchange Commission (SEC) crypto crackdown. Because today, June 12, House Republicans have begun pushing for significant restructuring of the regulatory body.  Last week, the SEC filed civil lawsuits against Binance and Coinbase, citing investor protection failures and customer fund mismanagement. Amidst…

In/Visible: An NFT Exhibition Seeking to Redefine Black Visibility Through AI

Over the years, the inhabitants of the metaverse have come to understand Web3 as a place where artists of all creeds and colors can flourish. Although diversity and inclusion are ideals the blockchain industry strives for, underrepresented creators still quite often go unseen, unsupported, and uncelebrated. This problem isn’t only localized to the blockchain, though,…

Upcoming Drops: June 12-18

Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s…

Crypto.com Suspends US Institutional Service As SEC Scrutiny Rises

On Friday, June 9, Crypto.com, the Singapore-based cryptocurrency exchange, announced the suspension of its institutional exchange services in the United States, according to a statement from the company. The decision, set to take effect starting June 21, 2023, is primarily attributed to the lackluster demand from institutional customers in the prevailing market scenario. Institutional clients,…

A Guide to Opepen: Jack Butcher’s Pepe-Themed Web3 Experiment

Web3 has no shortage of “crossover episodes,” moments in crypto art culture where projects, memes, and personalities bleed into and influence each other in significant ways. Beeple’s daily commentary on the NFT space is a good example of this, but he is far from the only influential voice turning existing trends into something fresh and…

Now Runway: Cult & Rain’s Virtual Space Station, Louis Vuitton’s New NFTs, and More

Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion and luxury revolution. 9DCC, the digital fashion house from gmoney and streetwear pioneer Jeff Staple tease out a networked product to be revealed at Paris Fashion Week. DRAUP and Nicolas Sassoon give us this week’s more affordable collector’s…

Dust Labs’ de[id] Is a One-Stop Digital Hub for y00ts and DeGods Holders

Dust Labs has just initiated the roll-out of de[id], their new Web3 ID profile platform, specifically designed for DeGods NFTs and y00ts NFTs holders. The two projects have merged their Discords in favor of this more streamlined system. Frank DeGods, Founder of DeGods, says the goal of the platform is simple: to build software that…

Binance.US to Halt Fiat Withdrawals As Early As June 13

The fallout from the U.S. Securities and Exchange Commission’s (SEC) civil lawsuit filing against Binance, the most popular crypto exchange by volume, continues this week, with Binance.US, the American arm of the global exchange, announcing a temporary halt to all fiat withdrawals late Thursday, June 8. The exchange attributed the move, which is expected to…