The Sunday Crypto Brunch is a weekly roundup of crypto news pulled from various sources throughout the week. I look for anything in the DeFi, GameFi, NFT, and Metaverse spaces that I think is interesting to keep you up-to-date on the fast moving world of crypto. Below is a brief synopsis of each article as well as links to the original article.

Enjoy your Sunday Crypto Brunch!

High-Powered Merger in the NFT World

You say BAYC, I say CryptoPunks and now we’re both talking about the same company. Yuga Labs, creator of the Bored Ape Yacht Club acquired CryptoPunks and Meebits from Lava Labs. The online world hasn’t seen a merger this massive since AOL Timewarner. Mergers are common as an industry matures. This won’t be the last time we see a big merger in the NFT Space.

President Biden is a Crypto Degen

Biden signed a long-awaited Executive Order regarding crypto on Wednesday. Much like a guy that suggests you should ‘get engaged to get engaged,’ Biden didn’t really commit to much. Instead he called upon government agencies to develop policy recommendations on crypto. Basically Biden just wants to see how things go and not put labels on it.

Jokes aside — this is a big step for crypto. The order legitimizes crypto currency and is paving the way for mass adoptions, imo.

Non-registered Bitcoin ATMs Shut Down in the UK

Once upon a time, the United Kingdom had two kinds of Bitcoin ATMs — Registered and Non-registered. Today, it’s just the registered kind. Unfortunately, none of the 81 Bitcoin ATMs operating in the UK, so the ruling effectively shuts everyone down…for now. Thirty-three companies have the approvals needed to get the machines back up and running.

That’s it! You’re all caught up. You can connect with me @CryptoDegenFML on Twitter or CryptoDegenFML here on Medium to hear more about my degenerate crypto plays. You can also clap for this article (up to 50x) to let me know you enjoyed it. It’ll mean a lot to me. See you next week, degens!