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Influencer served settlement demand via NFT: Nifty Newsletter, May 17–23

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Data shows that the Bitcoin network has become the second-largest NFT chain by sales volume in the 30-day, 7-day and 24-hour metrics.

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Token buybacks are booming. But are they good for crypto projects?

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Crypto projects are spending hundreds of millions buying their own tokens. But are buybacks creating lasting value — or just making tokens look more valuable than they really are?

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Coin Market

Revolut, OpenReserve get preliminary US bank approval with crypto plans

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Revolut and OpenReserve received preliminary OCC approval to form US national banks, with both planning cryptocurrency and stablecoin-related services.

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Kalshi US visits soar 1,500% as regulatory pressure mounts

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Kalshi’s US web traffic climbed more than 1,500% in less than a year, while trading volume grew even faster and legal scrutiny of its sports contracts intensified.

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