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  • 11/6/2023: Simpsons Plug NFTs 📺👀🙌

11/6/2023: Simpsons Plug NFTs 📺👀🙌

Top News

  • 📺 The Simpsons dedicates an entire episode to NFTs

  • 👀 ApeFest attendees in Hong Kong suffer serious eye damage

  • 🙌 Yuga Labs & Magic Eden launching royalty-enforced marketplace

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⌐◪-◪ → The episode was clearly a dig on NFTs, but hey - any press is good press, right? The writers clearly did their research, showcasing the worlds most iconic NFTS: The Goose by Dmitri Cherniak, Everydays by Beeple, Coin for the Ferryman by XCOPY, and BAYC by Yuga Labs. In my opinion this is very bullish for NFTs - clear proof of culture.

⌐◪-◪ → Several BAYC party-goers have reported strong burning sensations in their eyes and even complete vision loss. Many believe the lights used at ApeFest were designed for disinfectant purposes, which means extreme UV exporsure for guests. While Yuga has acknowledged the situation, many feel their response is incredibly tone deaf and has downplayed the situation.

⌐◪-◪ → Yuga claims to be taking a stand for creators; however, they’re also conveniently enriching themselves as owners of the most valuable IP in the NFT space. To be clear, I’m not saying their intentions are malicious, I’m just pointing out the facts. You can do good and make money - they’re not mutually exclusive. I do think its important for creators to see how royalties can actually be enforced and even have public goods to help them do so.

Peripheral Vision

⛓️ Crypto & DeFi

  • Elon says none of his companies will ever create cryptocurrencies

  • ETH Cancun upgrade delayed until early Q1 2024

  • Arbitrum DAO approves proposal to enable token staking

  • Aave pauses V2 on Ethereum due to a reported security issue

  • Layer-2 weekly active wallets hit a new all-time high

  • Fake ledger app on Microsoft store scams users of $588,000

  • Monero community’s crowdfunding wallet loses $460,000 in hack

🏦 Wallstreet & VC

  • Vanguard doesn’t plan to join the Bitcoin ETF race anytime soon

  • US Treasuries spearhead tokenization boom, at $675M in value

🏛️ Legal & Regulatory

🌎 Rest of the World

  • Hong Kong considering spot Bitcoin ETF to make Asia a crypto hub

  • Bank of England shares plans to regulate stablecoins

  • Germany’s 3rd largest bank announces crypto custody services

🖼️ NFTs & Metaverse

  • OpenSea fires 50% of its staff, signals OpenSea 2.0

  • BMW shows off partnership with BAYC at ApeFest

  • Yuga Labs’ next game will be mobile-first, cross-platform, all NFTs

  • Yuga Labs employee quits after racist tweets surface from his past

I’m working on something special for Specs.

Invite 3x friends if you want to participate!