GM. Could be the warm June weather. But markets are feelin’ kinda hot right now. Avalanche broke a record, Pudgy pumped toy sales, T-Mobile takes another creep into crypto.

Get your nerd news fix in now so you’ll have no FOMO — and plenty of some fun in the sun this early summer weekend. Let’s jump in.

Today’s Specials:

No FOMO News 📰 : EU Signs New Crypto Licensing ✍️

Weekend Alpha: What to Watch 👀 : Avalanche Hits 1M Active Users 🧑‍🤝‍🧑

NFT Power Rankings 🔥 : Nakamigos Falling Off?? 📉

No FOMO 🗿 : Why Pudgy Penguins are the New Leaders in Phygital 🐧

AI Intel 🤖 : Meet the US Army’s AI Project - Linchpin 🪖

Conference Corner 🏢 : NFC Lisbon Alpha 🇵🇹

No FOMO News 📰

  • Monthly crypto exchange volume tumbled in May, hitting 32-month low (TechCrunch)
  • EU Formally Signs New Crypto Licensing, Money Laundering Rules Into Law (CoinDesk)
  • Fresh Set of Crypto Bills Make Hill Debut (Blockworks)
  • ‘Confident’ Ripple CEO Helps The XRP Price Suddenly Outperform Bitcoin (Forbes)
  • Increasing number of divorce proceedings involve crypto (Cointelegraph)
  • First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In (CoinDesk)
  • Crypto exchange Gemini to soon operate in the UAE (Reuters)

Weekend Alpha – What to Watch 👀

  • Avalanche hits 1M active users for the first time
  • Nike’s Our Force 1 sale ended this week. Be on the look out for more from .SWOOSH
  • Polygon 🤝 T-Mobile – will our phone numbers be tied on-chain soon?
  • All eyes on Arbitrum NFTs. Find out why in this Tuesday’s No FOMO

🔥 NFT Power Rankings 🔥

(Below .5eth)

Lil Pudgy Penguins 🥇

Sappy Seals 🥈

The Plague 🥉


Meet Nippy

Alien Frens


Genuine Undead

Cryptoon Goonz


Pudgy Penguins Sells $500K of Toys in 48hrs 🐧

Pudgy Penguins' latest "Phygital" Toy Collection & Experience on Amazon took the NFT world by storm. The key highlights:

  • In just two days, Pudgy Penguins surpassed $500,000 in purchases and sold over 20,000 individual toys.
  • Pushing the Space Forward: According to CEO Luca Netz, Pudgy Penguins aims to bring millions of users into the Web3 space, driving innovation and adoption.
  • Pudgy Penguins dominated Amazon sales charts, outperforming legacy brands like Disney, Transformers, Pokemon, Barbie, and Legos.


Would you buy a phygital toy of an NFT you own?

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Why we’re bullish on Pudgy:

  • Pudgy actively collaborates with prominent companies and industry leaders to introduce NFTs to a wider audience – wen mass adoption??
  • They raised $9 million in seed funding last month, defying the NFT crash and gaining support from big investors like Big Brain + Kronos. If you can raise $9m as an NFT project in a bear market, we’re gonna bet on you in a bear.

AI Intel 🤖

  • Fueled by AI, Nvidia joins the $1 trillion club (CNN Business)
  • Will Google’s AI Plans Destroy the Media? (NY Mag)
  • AI industry and researchers sign statement warning of ‘extinction’ risk (CNN Business)
  • Stock Falls After Earnings Outlook Fails to Justify the Hype (Barron’s)
  • Microsoft signs deal for A.I. computing power with Nvidia-backed CoreWeave that could be worth billions (CNBC)
  • Multiple companies could win work on US Army’s Project Linchpin AI (C4ISRNET)

Conference Corner 🏢 : NFC Lisbon Alpha 🇵🇹

Non-Fungible Conference in Lisbon is coming up next week starting Wednesday. There’s still time to get tickets here and check out the side event list below: