NFT Market Update 23rd March 2023

The SEC has attacked major cryptocurrency exchange, Coinbase, with a Wells Notice which usually signals the start of enforcement action.

The SEC has sued Jake Paul for not disclosing paid promotions relating to Justin Sun projects, whilst it has separately gone after Justin Sun for securities and market manipulation charges.

At Paris Blockchain week the Reddit CEO confirmed that Reddit would be building an NFT marketplace.

Yuga Labs announced the 2nd Trip for Otherside, the latest interactive gaming experience, which will take place on March 25 at 12PM EDT.

Universal Music Group has filed trademarks for music-related virtual and digital goods authenticated by NFTs.

Telegram has announced USDT can now be exchanged between users via chat.