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👟 Nike tops the list with a whopping $185m revenue from NFT sales in the fashion brands. Dolce & Gabbana (D&G), Tiffany, Gucci, and Adidas join Nike in the list of the top five. Nike has amassed nearly $1.3b in transaction volume from secondary trading.

https://www.nftgators.com/nfts-turn-out-to-be-a-great-channel-of-revenue-for-businesses-ask-nike/

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◽️ Crypto exchange FTX is set to make the best buyout deal this year when it finalizes terms to acquire BlockFi.

The sale price ($15 million) is a far cry from the $3 billion value BlockFi obtained during a March investment round wherein the company secured $350 million.

Sources added that FTX US would pay $25 million more if BlockFi wins an important regulatory clearance from the U.S. Securities and Exchange Commission by December 31 for BlockFi Yield. Moreover, if BlockFi’s client assets reach a minimum of $10 billion by October 2023, FTX US will pay an additional $100 million.

https://bitcoinist.com/ftx-could-buy-out-blockfi/

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💬 Billionaire investor Mark Cuban has lambasted the U.S. Securities and Exchange Commission (SEC) chair Gary Gensler for the agency’s unclear regulations.

https://decrypt.co/108019/mark-cuban-slams-sec-chair-genslers-stance-on-crypto

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