🥩 Binance rejects Justin Sun's offer to purchase his stake in Huobi

🥩 Binance rejects Justin Sun's offer to purchase his stake in Huobi 💣 75% of crypto holders hold NFTs: CG survey 💿 An unheard version of David Bowie's song will go for sale as NFTs

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Here's what recently happened in the space:

🥩 Binance rejects Justin Sun's offer to purchase his stake in Huobi 

  💣 75% of crypto holders hold NFTs: CG survey

💿 An unheard version of David Bowie's song will go for sale as NFTs

Binance rejects Justin Sun's offer to purchase his stake in Huobi

According rumors, Binance has recently rejected an offer by Justin Sun to purchase Justin's stake in Huobi. Binance has cited ties to China as the reason for their rejection. China used to be Huobi's main market, but Sun has since taken steps to distance Huobi from the country. Apparently, that wasn't enough for Huobi to look more attractive to Binance.

Sun quickly took to Twitter to address the rumors, he dismissed the rumors, saying "I must point out that in the past week or so, I have not proposed any offer to @cz_binance regarding the purchase of @HuobiGlobal" with the funny part being "in the past week or so".

The rumor was first reported by Bloomberg, citing a person they claim has "direct knowledge" of the matter. The source allegedly said that Justin Sun had been trying to sell his stake in Huobi Global to potential investors over the past weeks. This is probably due to the fact that Sun and his companies are facing fraud charges from the US Securities and Exchange Commission. It seems that Binance wasn't interested in taking on Sun's troubles, and decided to pass on the offer.

75% of crypto holders hold NFTs: CG survey

CoinGecko's and Blockchain Research Lab's survey has found that an astonishing 75% of crypto holders have NFTs. We can only suspect why this is, but it could be that the normal consumer population has finally realized the potential of NFTs, even if they don't understand the technical side of blockchain-based investments.

The survey also suggested that just over a quarter of NFT owners are "avid collectors" with more than 51 NFTs. And despite the utility of these assets becoming clearer, there remains a solid chunk of crypto industry participants - about 20% - who haven't entered the NFT market yet. The survey included 438 respondents and was conducted from December 2022 to January 2023.

As the market continues to evolve, we can only guess what this space will look like in a few years. But its ever-changing nature is one of the many things that make it so beautiful.

An unheard version of David Bowie's song will go for sale as NFTs

Gala Music (a web3 startup) has announced a groundbreaking partnership: releasing an unheard version of David Bowie's iconic 'Let's Dance' single...in the form of 3,003 non-fungible tokens. Gala Music wants to do this on April 14th, the same day that Bowie's original banger debuted back in 1983.

It's certainly an unexpected way to honor the late iconic musician, the one that he even might have appreciated, but there's also an interesting part: NFTs will be available on a pay-what-you'd like basis, and all proceeds generated from the sales of these digital collectibles are going towards MusiCares - an organization that provides health and well-being services to people in the music industry.

The idea of using NFTs to showcase rare and unreleased content is sure to create a lot of buzz. It's also an innovative way to raise money - and awareness - for a worthy cause. Let's hope this is just the beginning of many more exciting collaborations between music and the digital art world.