In this week’s newsletter, read about the United States Secret Service’s nonfungible token (NFT) collection, and how Elon Musk’s tweet caused a surge in an NFT collection’s floor price. Check out how someone tried to sell an image for Bitcoin (BTC) months before the infamous Bitcoin Pizza Day, and learn about LG’s new patent for an NFT-trading TV. And don’t forget this week’s Nifty News, featuring the popular gaming franchise Assassin’s Creed revealing its “smart collectibles.” 

Secret Service owns crypto, loves blockchain and has an NFT collection: Reddit AMA

In a recent ask-me-anything (AMA) session on Reddit’s r/cryptocurrency subreddit, representatives from a task force within the United States Secret Service revealed that they own crypto, maintain an NFT collection and recognize the potential of blockchain technology in combating financial crime.

In contrast to some regulators who view cryptocurrencies as tools for fraudsters and scammers, the task force expressed enthusiasm for the transparent and public nature of blockchains. They described it as an “amazing opportunity” for law enforcement agencies to effectively trace the movement of funds, aiding the fight against illicit activities.

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Milady NFT floor price surges after Elon Musk tweet

On May 10, Elon Musk’s tweet featuring artwork from the Milady NFT collection caused a surge in the floor price of Milady NFTs. Initially reaching a peak of 7.3 Ether (ETH), the price eventually settled at 5.69 ETH.

The Milady collection, created by digital arts collective Remilia, comprises 10,000 anime profile picture NFTs that draw inspiration from street-style tribes. Artist Charlotte Fang played a significant role in the design process.

The name “Milady” cleverly plays with the expression “my lady,” traditionally used to address noblewomen. However, the internet has satirically associated the expression with overzealous chivalry and “nice guys.”

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Author: Ezra Reguerra

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