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🚀 Is the SEC after your stablecoins? 💰

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! Did you buy any NFTs, Geckos?   Circle, the company behind the world's second-largest stablecoin USD Coin (USDC), has received an investigative subpoena from the SEC's Enforcement Division in July, according to the company's Oct. 4 regulatory filing. The filing is part of the company's plan to go public through a special-purpose acquisition vehicle through a merger with Concord Acquisition Corp, valued at $4.5 billion. "We are cooperating fully with their investigation," Circle stated while citing that SEC is requesting documents and information regarding certain of their holdings, customer programs, and operations. In today's news, Dapper Labs acquires Brud and launches new business, OpenSea records largest single-day sales since September, and crypto startup Ramp closes $30M Series A. Read on!

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Dapper Labs Dabbin' With Brud   Dapper Labs, a non-fungible token powerhouse, has acquired the influencer platform Brud to establish a new business called "Dapper Collective." The Dapper Collective unit, managed by Brud CEO Trevor McFedries, will assist communities in creating decentralized autonomous organizations (DAOs) using the Flow (FLOW) blockchain. "We believe decentralization of these communities through DAOs strengthens the content that they will produce," Dapper Labs' VP of operations and strategy, Amanda Schwartz, stated.   CoinDesk OpenSea's October Resurrection   According to Dune Analytics data, OpenSea recorded $136.8 million in NFT trading volume on Sunday, the largest single-day total in over a month since Sept. 5. One of those collections that contributed significantly to the surge was CrypToadz by GREMPLIN, released in early September and sold over $17.7 million in NFTs during its first week. Over the last week, the average sale price of the collection has risen dramatically, with the floor price currently sitting at 14 ETH, or $47900, as of this writing.   Decrypt Ramping Up With Series A   Ramp, a Warsaw-based cryptocurrency startup, has concluded a $30 million Series A round headed by British venture capital firm Balderton Capital. The crypto on-ramp specialist, which describes itself as the "PayPal for crypto," is currently valued at $300 million by investors. Ramp, founded in 2017, seeks to make it easier for customers to convert fiat money into crypto-assets by providing a non-custodial payment infrastructure that exchanges, marketplaces, and wallets may utilize.   TheBlockCrypto

Earn Up to 600 BIT — And Be Part of BitDAO We're giving you so many ways to earn BIT, there's practically no way you can miss out on joining the world's largest decentralized autonomous organization, BitDAO. All you have to do to earn up to 600 BIT is to meet the min. all-time trading volume threshold in both Spot and Derivatives since joining Bybit. And here's a tip: Your Spot trading volume will count for much, much more. Learn more        Only available up till 00:00AM UTC, Oct. 16, 2021. Metaverse The Metaverse is a virtual space where users are able to interact with each other in a computer generated environment.    Learn about other Crypto terms here NFT of the Day 🖼️ 06942 Gallery: Capsule House   Capsule House is a collection of 10,000 unique gachapon NFTs - a digital version of the collectible toys popular in Japan. With over 100 species, 60 variants, and endless combinations of traits, each Capsule NFT contains a verifiably rare and unique gachapon artwork. Holding a Capsule grants you to future drops from the team, as well as an all access pass to the expansion of the CAPSULEVerse.    Check out other NFTs on CoinGecko ___________________________________________________________________ Submit your favorite NFTs here for a chance to be featured as our NFT of the Day! ____________________________________________________________________________________

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