The Daily: Logan Paul sells previously tokenized Pokemon card for $16M, Gemini parts ways with top execs, Strategy’s latest bitcoin buy, and more
Summary
The daily crypto news roundup highlights several key events. Logan Paul sold his PSA 10 Pikachu Illustrator card, previously tokenized on his Liquid Marketplace, for a record $16.49 million to A.J. Scaramucci. Gemini announced the departure of its COO, CFO, and CLO amid financial restructuring, reporting significant net losses approaching $600 million. Michael Saylor's Strategy purchased another 2,486 BTC for $168.4 million, bringing its total holdings to 717,131 BTC. Additionally, DeFi lender ZeroLend is shutting down due to unsustainable losses and a 98% drop in Total Value Locked (TVL), while a global study suggests stablecoins are increasingly being used as "everyday money" for payments and savings.
(Source:The Block)