NFT Update: Coinbase and Binance charged by SEC; €39k Louis Vuitton NFTs; plus Curated keeps adding
1 min read · 06 Jun 2023
CryptoPunk #9926, courtesy of Curated.
The U.S. Securities and Exchange Commission (SEC) has sued Coinbase for operating as an unregistered securities exchange.
The U.S. SEC has also charged Binance and its founder Changpeng Zhao with a variety of securities law violations.
Binance has announced it now supports Bitcoin-based NFTs on its marketplace.
Crypto hedge fund Arca has laid off 30% of its staff.
Louis Vuitton has announced a collection of phygital “Treasure Trunks”, priced at €39,000, marking the luxury brands first sale of NFTs.
The Top 3 NFT Sales over the past 24 hours were CryptoPunk #9926 for 85 ETH ($153k), CryptoPunk #1287 for 75 ETH ($136k), and CryptoPunk #4021 for 75 ETH ($136k).
The Top 3 NFT Collections by Volume over the past 24 hours were Bored Ape Yacht Club with $6.4m (+114%), Azuki with $3.3m (-13%), and Mutant Ape Yacht Club with $1.9m (-12%).
The Top 3 NFT Marketplaces by Volume over the past 24 hours were Blur with $15.2m (+28%), OpenSea with $5.2m (-3%), and LooksRare with $1m (-28%).
The Total Crypto Market Capitalisation is $1.14t, a 2.8% decrease over the past 24 hours.