Too high? SEC hits Stoner Cats cartoon with big fine for unregistered NFT sale that netted millions
What’s the story? The Securities and Exchange Commission has fined the makers of Stoner Cats. What’s the detail? They were hit with a $1m fine for raising $8.2m in unregistered NFTs. Why does this matter? Mila Kunis is having a bad week in the press for all the wrong reasons.
Bitcoin ETF would be a win for BlackRock — but maybe not for crypto investors
What’s the story? BlackRock has announced a proposed cryptocurrency ETF. What’s the detail? BlackRock would need to purchase north of 600k BTC, which could send the Bitcoin price soaring. Why does this matter? A BlackRock ETF could be a monumental game changer for the crypto markets, certainly a story to watch.