• FTX was a project, similar to the ill-fated Fyre Festival, that was fueled by deceptive influencer marketing. • Celebrities who promoted the festival, such as Kendall Jenner, were forced to pay for their involvement when government agencies intervened. • Oxygen’s Nemo Yang argues that crypto marketing needs to change in order to prevent similar…
• Art Blocks launched a Friendship Bracelet NFT Collection that was free to mint for holders of existing Art Blocks NFTs until the claim period ended on Tuesday. • Following the claim period, the collection quickly shot to the top of the leaderboard on secondary marketplace OpenSea. • The collection had the highest 24-hour trading…
• Crypto.com, one of the world’s top exchanges by volume, will delist Tether’s dollar-linked stablecoin, USDT, from its trading platform for users in Canada. • The decision was made “in accordance with instructions from the Ontario Securities Commission (OSC) as part of our pre-registration undertaking for a restricted dealer license.” • All USDT trading pairs,…