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- Yuga Labs Faces A Class Action Lawsuit
Welcome to the Exit Liquidity newsletter, the place to stay up to date on the ridiculous things that happen in the Crypto, NFTs & Web3. If you are looking to join the community check out the AlphaMint Discord where all the degens gather to chat in the dojo.
In this edition of the Exit Liquidity rundown Yuga Labs finds themselves looking down the barrel of a class action lawsuit, Chipotle launches a "Buy The Dip" campaign, GameStop is getting backlash for art on their marketplace, we share what to look out for with hyped up NFT rugs and more...
Crypto
Hope you're hungry because Chipotle announced they are launching an interactive game called "Buy The Dip" that will give away more than $200,000 in cryptocurrencies + more
A solid timeline of the $10 billion hedge failure known as Three Arrow Capital (3AC)
California ban on political campaigns accepting $BTC and other crypto donations comes to an end
We knew about the Solana phone, but a physical store? News to us, but still cool to see crypto represented in the physical world
NFTs
Yuga Labs facing potential legal action for NFTs and Apecoin not only going up and to the right
In the more for Ape world, Tomorrowland music festival gets tunes from a BAYC holder and DJ
NFT Worlds founder does Q&A session about Minecraft NFT ban. Good summary thread by @lambolandNFT
How NFT projects build the hype and sucker in the hopefuls. Educate yourself to some of the traps and become a better NFT trader
GameStop taking heat for an NFT listing on their marketplace that resembles the infamous 9/11 photo of a man falling to his death
When it comes to NFT projects, @hewpdreams_'s flowchart explains it perfectly:
Web3
Can Web3 labels disrupt the music industry and give the power back to the artists?
Audius Web3 platform hacked and loses $1.1 million
Big names in the metaverse space come together to create the mother of all DAO's called OMA3
Disclaimer: The Exit Liquidity Newsletter is meant to be an informational and entertaining way to share interesting things found in and around the Crypto, NFT and Web3 space. Nothing in this newsletter should be taken as the contributor's, Exit Liquidity's or AlphaMint's personal opinion or views. Nothing in this newsletter constitutes as professional and/or financial advice. Cryptocurrencies and crypto-related assets can be extremely risky investments, invest at your own risk.
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Exit Liquidity is an AlphaMint project.