😻 HYPE hype

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• Nasdaq is reportedly investing $50 million into Gemini, part of a deal that would give Nasdaq clients access to Gemini services including custody and staking.

• Christie’s is said to be shutting down its digital art department, which played a pivotal role in the NFT boom of 2021.

• In Kazakhstan, the president has called for the creation of a state digital asset fund.

• HYPE has set a new all-time high above $55 as the Hyper Foundation mulls competing proposals from a number of teams to issue its new stablecoin under the USDH ticker.

• Blockchain fatigue: “Does crypto really need more blockchains?” wonders Blockworks’ Kate Irwin for The Drop.

• OpenSea says it has $1 million earmarked to acquire NFTs for its new Flagship Collection of digital art.

• A large-scale supply chain attack has failed, having impacted “almost no victims,” according to Ledger’s CTO.

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