THIS WEEK IN CRYPTO

  • Bored Ape Creator to Debut First Bitcoin NFT as Purists Rage. Yuga Labs is launching its first collection of Bitcoin NFTs, setting the blockchain’s new functionality up for an important test. The Bored Ape creator plans to auction a collection of 300 generative pieces on the Bitcoin blockchain later this week called TwelveFold, which could be the kind of event Bitcoin purists say will slow down the network.*
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  • BOE Official Says Digital Pound a Big Opportunity for Business. A top Bank of England official has doubled down on claims that new technologies such as digital currencies could present lucrative new opportunities* for businesses. Ben Broadbent, deputy governor for monetary policy, said the UK central bank’s “keenest attention” was focused on the regulatory implications of new payments technologies.

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