Tezos

The Crypto Tiiiimes 0023 - Son of a Glitch

Creator

tz1PABDPXbg9rqz62umCaQ8YhCUajmoYK2Cb

Description

No. 0023 March 29, 2023 : The twenty thiiiiiiiiird issue of TTThe Crypto Tiiiiiiiimes aaaaaaaaand Son of a Glitch. It's all fucked up. What's going on out here? The hierarchy / patriachy gets knocked down a level out here in NFT land after Patrick Amadon pulled his glitch work from the Sotheby's "Natively Digital: Glitch-ism" sale. One week after a successful NFT sale Sotheby's ran out this ALL Male Artist lineup for their Glitch show. Well, all hell broke loose on the bird app since there was ZERO female representation in the show. Sotheby's decided to listen to the protests, own the mistake and pause their show so they could come back with a more inclusive artist lineup for a future Glitch Art show. While anyone can create Glitch Art, the scene does have a strong connection to female and queer artists. Not representing that at all is just a bad look. Speaking of bad looks, the CFTC is filing a lawsuit against Binance and CZ. This is some serious stuff, years of investigations coming to a head here. In short, Binance is facing allegations of Multiple Derivatives Violation. Basically, allowing US citizens to trade derivatives and receive staking bonuses amongst other infractions. Could this be the end of Binance? Big FUD or real lawsuit? Only time will tell, but the CFTC seems to think they have a strong case against them. This CFTC lawsuit is a major glitch for Gary Gensler and the SEC, since the CFTC is claiming that Ethereum and Litecoin are both commodities as opposed to securities as the SEC believes. Hmmm... interesting. CFTC vs SEC commodities clash coming up. Do Kwon faced his own glitch when the Montenegro authorities arrested him while trying to fly to Dubai with a false passport. So much for living a life in paradise. Prison awaits. So does South Korea and the USA. Both countried already filed extradition requests for the Failed Terra Founder. The biggest glitch this week may be the fact that Ticketmaster figured out a legit use case for NFT's. Legacy Web2 brands figuring out how to use Web 3 tech better than web 3. Major Glitch in the matrix. Even Swiftie fans think it's a cool idea to be able to use your nft's to score the rights to first purchases for concert tickets and events. This is a sweet proposition. Looks like Web2 working with Web3 may be what truly unlocks the potential to this NFT space . . . 1600 x 1300 pixel gif file. created by Nite Owl and the Glitch Mob