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π How the tables have turned...⚖️
Playboy toys with NFTs, Geckos! Adult entertainment magazine brand Playboy announced that it will release crypto artwork collectibles as NFTs via Nifty Gateway. Playboy ceased its regular print publication in 2020 so it plans to reap this scarcity by tapping into its 67-year archive of classic photography and artwork that would be turned into crypto collectibles. This incoming release of crypto collectible calls out classic magazine imagery from iconic artists such as Pablo Picasso, Salvador Dali, Keith Haring, and Andy Warhol, though it is not yet confirmed whether these will become NFTs. We can't wait to see which classic Playboy covers get turned into NFTs! In today's news, Coinbase releases impressive profits prior to its public listing, DeFi's TVL is now equivalent to a top 40 U.S. bank, and Ripple Labs is granted access to SEC documents.
Read on!
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CoinGecko is turning 7 next month and we want to celebrate with you!
Join our Virtual Meetup #11 where we'll be taking a look at 'The Crypto Creators' Economy' with Roneil Rumburg (Co-founder & CEO at Audius), Alexei Falin (Co-founder & CEO at Rarible), and Gareth Emery (British trance producer and DJ). Join our discussion on how the crypto space is providing a new landscape of opportunities for creators!
It's free for all but don't forget to sign up!
We also want to showcase your best work. Get creative and join our NFT design competition to show your love for CoinGecko! The winning NFT will be announced at our Virtual Meetup and distributed to all attendees. Did we mention it will also be featured on our NFT of the day page? ;) Join here!
Test your luck for our cool Lucky Draw prizes and come chill out at our Afterparty with DJ's Vandal, Netunoblu, and Nullzero in collaboration with DAO Records! | | Coinbase Sets the Mood Right Just a few days away from its public listing, Coinbase releases its blowout Q1 profit that marks the company's best quarter so far: a net profit of between $730 million and $800 million coming out of $1.8 billion revenue. Furthermore, Coinbase noted that their monthly active user base has grown to 6.1 million – which is likely to drive the buzz surrounding the company's listing on the Nasdaq. Coinbase's impressive Q1 performance – thanks to the upwards trajectory of cryptocurrencies – is likely to boost the price of Coinbase shares to new highs before the April 14 listing date.
CNBC
| | DeFi Joins the Club of TradFi Banks According to data released by DeFi ecosystem tracker DeFiLlama, the DeFi ecosystem has surpassed $100 billion in total value locked (TVL) for the first time. Aside from the impressive 9-digit value, this has rendered it equivalent to the 40th largest United States bank, placing the ecosystem close to notable names such as Deutsche Bank (#38) with $119 billion and Credit Suisse (#35) with $124 billion. Protocols on the Ethereum blockchain play the biggest role in contributing to the majority of DeFi's TVL, where 14 of the top 20 protocols are native to Ethereum (ETH) and 4 others on the Binance Smart Chain.
Cointelegraph | | Ripping it Open Defying the looming SEC lawsuit, Ripple wins the right to access SEC documents on Bitcoin (BTC) and Ether to investigate how the regulator determines whether a cryptocurrency is a security or not. This is important, as the SEC is alleging Ripple Labs and its executives had raised funds through an unlicensed security offering, even though Bitcoin and Ether are classified as commodities by the regulator. XRP's access to SEC documentation can undermine the lawsuit should they find documents that show contradictory determinations against the SEC's classification of XRP.
Cointelegraph |
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