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The US Securities and Exchange Commission has continuously chosen "Regulation through Enforcement," as opposed to providing clear guidelines for all things Web3. This week, the SEC settled a case against Kim Kardashian over a paid Instagram post that promoted a cryptocurrency. Emily Parker from Coindesk joins the show to tell us why she thinks this enforcement will be good for the space long-term.
And as one case was closed, another one was opened. The SEC is launching an investigation into Yuga Labs, creators of one of the most popular NFT Projects - The Bored Ape Yacht Club. Details are still unknown, but any are speculating it is over the cryptocurrency "Apecoin" that was created to support the BAYC ecosystem. Andrew Hayward from Decrypt breaks down the history and controversy surrounding BAYC.
Lastly - renowned artist Damien Hurst made history this week when he burned Millions of dollars worth of physical art, in the name of NFT's. Nick Fontova known as Mr.Pink - CMO of house of firsts is an avid fan of Damien Hurst and collecting NFT's. He joins us to break down Damiens project, and why he thinks this will go down in art history.
00:01 - Welcome
00:40 - Weekly Headlines
5:00 - Emily Parker writer at Coindesk - SEC vs Kim K, why this is good for Web3
12:00 - Andrew Hayward from Decrypt- SEC vs Yuga Labs
20:33 - @Mr.Pink aka Nick Fontova - Damien Hurst's art burn
The US Securities and Exchange Commission has continuously chosen "Regulation through Enforcement," as opposed to providing clear guidelines for all things Web3. This week, the SEC settled a case against Kim Kardashian over a paid Instagram post that promoted a cryptocurrency. Emily Parker from Coindesk joins the show to tell us why she thinks this enforcement will be good for the space long-term.
And as one case was closed, another one was opened. The SEC is launching an investigation into Yuga Labs, creators of one of the most popular NFT Projects - The Bored Ape Yacht Club. Details are still unknown, but any are speculating it is over the cryptocurrency "Apecoin" that was created to support the BAYC ecosystem. Andrew Hayward from Decrypt breaks down the history and controversy surrounding BAYC.
Lastly - renowned artist Damien Hurst made history this week when he burned Millions of dollars worth of physical art, in the name of NFT's. Nick Fontova known as Mr.Pink - CMO of house of firsts is an avid fan of Damien Hurst and collecting NFT's. He joins us to break down Damiens project, and why he thinks this will go down in art history.
00:01 - Welcome
00:40 - Weekly Headlines
5:00 - Emily Parker writer at Coindesk - SEC vs Kim K, why this is good for Web3
12:00 - Andrew Hayward from Decrypt- SEC vs Yuga Labs
20:33 - @Mr.Pink aka Nick Fontova - Damien Hurst's art burn