NFT Market Update 5th May 2023

Over seven months following their poorly received initial artwork reveal, Azurbala released a teaser of their updated art through a video trailer.

0N1 Force announced a strategic partnership with Horizen Labs Ventures (HLV) aimed at “creating story-based solutions to meet evolving digital needs and fuel growth in Web3.”

President Nayib Bukele of El Salvador signed the Innovation and Technology Manufacturing Incentive Act, eliminating various taxes on tech innovations to attract tech companies and position El Salvador as a supportive environment for tech innovation.

The Third Circuit Court ordered the SEC to respond to Coinbase’s petition within 10 days, giving Coinbase a subsequent 7 days for a reply.