⌚ TIMEX launches limited edition watches with Bored Ape Yacht Club NFTs

⌚ TIMEX launches limited edition watches with Bored Ape Yacht Club NFTs 🙅‍♂️ Circle cancels plans to go public 🧮  KuCoin hires Mazars for crypto audit

GM, frens.

$VEMP is still da bomb when it comes to the Decentraland ecosystem. It's like a buffet, but for blockchain - you can pick and choose from various tokens and NFTs to create a portfolio that works for you. Plus, the APY be bumpin' no matter what the market condition is.

Head over to https://go.v-empire.io/3uj90VI and join the party.

Now, for what we have today:

⌚ TIMEX launches limited edition watches with Bored Ape Yacht Club NFTs

🙅‍♂️ Circle cancels plans to go public

🧮 KuCoin hires Mazars for crypto audit

TIMEX launches limited edition watches with Bored Ape Yacht Club NFTs

It looks like Bored Ape Yacht Club owners are about to get the wrist game of their dreams. TIMEX has just released 500 special edition watches that will display a proud owner's Ape or Mutant front and center on the face of their wrist.

The owners will also be able to customize their watches with a variety of cases, straps and etchings options, in case they want to bring their own personal flair.

To participate you would need to mint one of the 500 limited edition Forge Pass NFTs, which will set you back 2 ETH, or around $2,500. No idea whether is a good deal or not, but this is a limited-time offer and when it's gone, it's gone! Each physical watch will come with an identical, digital version as an NFT, so you can show off your brand-new wrist piece in the virtual world too.

The watches are expected to be shipped in the second quarter of 2023, so until then you can make do with the NFT. Or maybe just buy an ordinary watch in the meantime. It won't be quite as cool, but hey, it will tell you the correct time just the same!

Circle cancels plans to go public

Circle, the company behind the second largest stablecoin, USDC, has decided to cancel its deal with Concord Acquisition Corp, meaning they're no longer going public via a SPAC. Talk about taking two steps back!

The boards of both companies have agreed to part ways, leaving Circle CEO Jeremy Allaire and his team in the dust. He said, however, that they remain committed to building a "long-term public company."

SPACs are usually a much easier way to go public, so the news may disappoint some investors who thought they'd be able to get in on the action. The SEC was likely a key factor in the cancellation of the deal, as Chairman Gary Gensler is known for being particularly crypto-wary and unlikely to approve the deal, so Circle decided it was best to cut their losses and call it quits.

Circle, however, remains one of the biggest private crypto companies still, with a market cap of $43.3 billion and a recent April funding round that included heavy hitters like BlackRock and Fidelity. So even though going public may not be in the cards for now, it doesn't mean that Circle is done.

KuCoin hires Mazars for crypto audit

KuCoin hired Mazars to provide its customers with a good dose of transparency, so that they can finally put their minds at ease and rest assured that their holdings on the exchange are in safe hands.

While it may seem like an eternity for impatient crypto investors, this audit is expected to take only a few short weeks before the results are made public - so until then KuCoin users should just hold tight and wait for the verdict. According to a statement from KuCoin, the audit will cover Bitcoin and Ether as well as Tether.

Mazars was also hired by Binance to conduct their own “third party financial verification”. This is perhaps unsurprising considering that Binance is one of the six crypto firms requested to provide information on consumer protection by United States Senator Ron Wyden. Let's hope that with the help of Mazars, Binance and the other five exchanges can provide an answer soon and put the Senator's worries to rest.

Because the crypto world is always changing, it's critical for investors to stay up-to-date with the latest developments. And with audits like these, hopefully, people can confirm that the exchanges they're using are trustworthy and secure. Let's hope this isn't just smoke and mirrors because we're already sick and tired of these magic tricks.