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Armstrong criticizes banks, Oxalis abandons web3, Mu Digital launches campaign, and other Web3 news

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  • Coinbase CEO Brian Armstrong criticizes U.S. banks for undermining competition under the Clarity Act and invites them to develop competitive Web3 products for the 52 million U.S. crypto users, highlighting a consensus for a potential deal among industry stakeholders. (📰CryptoRank)
  • Indie developer Oxalis Games has decided to abandon web3 and NFTs for their upcoming RPG Moonfrost, focusing instead on a handcrafted premium release, with Gina Nelson now serving as the sole CEO after Ric Moore stepped down. (📰GamesIndustry.biz)
  • Mu Digital has launched the ‘Infinite Ways to Earn’ campaign to bootstrap liquidity for Asia’s $20 trillion credit market onchain, offering various incentives and aiming to introduce users to real-world assets in decentralized finance. (📰Sharecast.com)
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