Pudgy Penguins
DBS Makes Crypto U-Turn; China’s E-CNY Expansion
DBS makes U-turn over retail crypto trading plans. China confirms expansion of e-CNY trials, but what’s needed to really spur adoption? Experts: USD-backed stablecoins to continue dominance in the market. New owner gives Pudgy Penguins NFTs happy feet.
Pudgy Penguins NFT Project Ousts Founders as Mood Turns Icy
The beloved NFT project Pudgy Penguins voted out its founders Thursday after they allegedly failed to deliver on stated goals and drained the treasury of funds. Some argue the entire project should be decentralized, potentially an industry first. "The Hash" squad discusses the latest battle for control, raising governance questions surrounding NFT communities and what this means for the fate of Pudgy Penguins.
NFT Trading Surges 8X as Penguins, Apes Drive New Boom
Trading in non-fungible tokens (NFTs) is soaring to multiples of the levels seen earlier this year. Sales on OpenSea, the largest NFT marketplace, reportedly reached more than 60,000 per day over the past week, nearly eight times the peak in March.
