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The feds are coming for the metaverse — from Axie Infinity to Bored Apes

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NFTs in the metaverse should generally be considered securities, but developers have been slow to recognize that fact. Expect a regulatory reckoning to come swiftly for Axie Infinity, Bored Apes, and other projects that have thrown caution to the wind.

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Coin Market

Bitcoin stays flat as global bond bear market rages on, pushing JGB to high

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Global bond yields hit multi-decade highs today as Japan’s 10-year JGB yield reached a 30-year peak, keeping Bitcoin steady near $78,000.

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Ethena launches USDe payments app, offers 6% rewards

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The self-custodial app brings USDe into everyday payments, savings and cross-border transfers, with annualized rewards of up to 6%.

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Coin Market

Does the Bitcoin rally mean we haven’t wasted our lives in crypto?

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Crypto is showing signs of life again, but its biggest wins look different from what early believers imagined. After a decade of building, has it all been worth it?

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