Good Afternoon Here is some news for ya. Will be back on Mo | One Punch Calls (OPC)

Good Afternoon

Here is some news for ya.
Will be back on Monday with more.

Senators Cynthia Lummis and Kirsten Gillibrand are proposing a tax exemption for a certain level of capital gains on crypto as part of the new legislation to regulate crypto.

Archetype, an early crypto venture capital firm, plans to close a $150 mill fund on May 2nd.

Crypto projects Rari Capital and Fei Protocol both said that they suffered a $77 mill attack on Saturday. This is five months after the merge of the two.

Vitalik Buterin has finally made a comment on Elon Musk’s acquisition of twitter saying in a tweet on friday: “The largest consequence of Elon taking over Twitter may well be not any specific policy decision he makes, but rather the morale effect of his supporters feeling emboldened and his detractors feeling like they are arguing on enemy territory. This is happening already.”

IamUkraine is announcing its initiative to support the Ukrainian cause with the launch of the Zelenskiy’s NFT collection to celebrate the bravery shown by the Ukrainian people.

Nike released a collection of 20,000 digital sneakers as NFTS last weekend. The NFT sneakers are selling for $6000 to $9000.

Fast food company Welly will grant 15% ownership to the Shiba Inu community.

A high-ranking Russian official has been quoted as saying that the use of crypto for illegal activities is a myth.

Opensea is now accepting APE token as a form of payment on its platform.

BAYC creator Yuga Labs is about to potentially sell $300 mill in meta verse real estate making it possibly the largest NFT launch to date.