October 7 - 11: This week in NFTs, recapped in one letter

Gm,

Looks like Stripe just opened the floodgates for crypto in 150+ countries, the UAE said ‘no thanks’ to crypto taxes, and suddenly, our portfolios are back in the green. What’s the catch?

NFTs are still alive and thriving (highest sales volume since August), Rarible supports 15+ chains, oh, and did someone say memecoin supercycle?

In other news, the FBI launched its own crypto to catch some market manipulators (the plot twist we didn’t see coming), and the Trump fam is dipping their toes into DeFi with Aave. And hey, even though Peter Todd is definitely not Satoshi (or is he?), it’s still kinda wild to see HBO throwing props to the Bitcoin godfather.

Web3 is getting mainstream again, frens! Now can someone please wake up BTC?

• There’s a(nother) new Ethereum L2 in town. Uniswap Labs launched Unichain, especially designed for DeFi dapps.

• Crypto.com has filed a lawsuit against the SEC after receiving a Wells notice.

• An XCOPY artwork, "Chatbot and Chill," sold for an eye-watering 800 ETH ($1.9 million).

Is it art? Is it a memecoin? It’s Circle on Shape network.

You’ve seen her art, and you know we’re stans. JuuJuuMama is back on Rarible this week with an epic open edition drop on Base called "We Gather." Get the inside scoop in our exclusive interview!

If the club is getting too crowded, go outside for some fresh air.