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: