April 2nd: Mango hats joke makes real money; IRS goes after Circle

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The IRS got a court order to obtain information on the majority of Circle’s customers. Why Circle? Guess Square is next but Polygon is pretty safe for a while. 

 

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Ripple (XRP) is now worth more than before it was sued by the SEC. In other words, the project backed by big banks gets PR from a stunt by an agency staffed by former big bank execs. 

 

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Mango Market’s April Fools joke ICO (Initial Cap Offering) of baseball caps mimicking the famous Unisocks actually sold 468 hats on a bonding curve that raised $100k and pushed the lowest price to buy one to $3,700. In an interview, the team’s marketer said that the list of rejected “C’s” in their ICO joke included: condoms, cheese, chopsticks, and Cardano.

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Popular NFT marketplace, OpenSea, will integrate Immutable X to reduce its (very high) gas fees. Not to be outdone, its competitor, Rarible, will Immodium Z to stop gas in its tracks. 

 

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Billionaire Mark Cuban revealed that he held Ethereum for at least 5 years. Also Mark Cuban in October 2019 (real quote): “I’d rather have bananas, I can eat bananas.”

 

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When did you first buy ETH? (And when did you sell it?)

Regulation and Society adoption

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