Coinbase made it's debut on the stock market today opening at $381 on the Nasdaq Global Select Market and hit a high of $429.54 in the first few minutes of trading, then ending the session at $328.28. Exodus, the creator of a popular non-custodial crypto wallet, has raised $60 million since April 8 by selling stock in the company. A judge has granted a motion to dismiss the U.S. Securities and Exchange Commission's (SEC) request to review years' worth of financial records belonging to Ripple executives. The United States Postal Service will soon be stepping into the nonfungible token market. Not to release artwork or music, but rather to help customers purchase postage. In an announcement on Tuesday, communications-as-a-service platform CaseMail said the USPS had certified its postage nonfungible tokens, or NFTs, for use in the United States. Nigerian artists are minting NFTs, but they are cautious about the hype around them. In March, Oyindamola Oyekemi Oyewumi, a 24-year-old Nigerian artist who creates portraits using ballpoint pens, tweeted her drawing of Ethereum co-founder Charles Hoskinson. Hoskinson noticed the tweet and put it up for sale as a non-fungible token (NFT), or one-of-a-kind digital item with its own digital signature. All of these stories and much more can be found at the link below:
Newsletter #156
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