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Behind every PFP with thousands of followers on Twitter is a person. And in Web3, it’s not always best to trust one person’s word on whether or not to mint into an NFT collection.

The team is opening more cases in other jurisdictions and offering a roughly $800,000 bounty to the general public for information on the exploiter.

It gives me no pleasure to report that less than six months into this Congressional term, the 2024 election season has become fully underway. Florida Governor Ron DeSantis (R) officially declared his candidacy last week, though he appears to have been laying the groundwork (campaigning) for quite some time. Crypto hasn’t been an issue in any previous presidential election, and barely popped its head up during the last few midterms. But as CoinDesk prepares to cover the next roughly 18 months, it looks increasingly likely that this industry will pop its head up.

Whether the crypto industry wants the spotlight or not, digital assets are among the earliest talking points in the 2024 U.S. presidential election, with the most prominent of the new candidates even invoking bitcoins in his campaign opener as evidence of President Joe Biden’s missteps.

The Fusion Digital Assets marketplace opened for trading last week offering trading in bitcoin and ether against the U.S. dollar.

The collection consists of 20,000 Fewos, or characters in the Fewocious’ Web3 universe Fewoworld, and will be available to mint in late August.

Welcome to Bizarro Crypto, where actually launching a project is the worst possible plan.

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Cowen Digital, the digital asset unit launched by investment bank Cowen last year, is closing its doors.

In a message to clients obtained by The Block, Cowen Digital said that Wednesday “would be the last day for the team here at Cowen Digital.”

“From its inception in early months of 2021, our goal has been to build a premiere, full-service platform to service the entire life-cycle of digital asset investing,” the  Cowen Digital team said, suggesting it would try to build such a service under a new roof, though the statement offered few details on how that ambition might be realized. 

“We will continue to try and fulfill that endeavor, but will have to do so in a different home,” the team said. “We are grateful for the TD Cowen senior management in allowing us to incubate this business and support its growth, internally and externally.”

The digital asset unit was launched in March 2022 as part of a bid to woo institutional clients. Cowen Digital’s launch was part of a broader wave aimed at capturing institutional interest.

TD acquired Cowen in March in a deal announced last summer by the two firms. 

A representative for Cowen did not immediately respond to an emailed request for comment.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Multichain has suffered days of issues amid swirling rumors over the fate of its team.