Market
Culture
US watchdog says it cannot block Musk’s Twitter purchase
Open Market Institute says Musk’s Twitter purchase is “a threat to “American democracy and free speech.”
Adoption
Cardano wallet addresses reach 3.6 million even as price drops
Data from IntoTheBlock reveals that over 80% of the 3 million holders of Cardano are in loss.
Adoption
Argentina considering switching all operations to distributed-ledger technology
The Mayor of Bueno Aires has revealed that the the city is on the verge of recognizing crypto as a tax payment method.
Metaverse
Standard Chartered buys virtual plot in The Sandbox to begin metaverse expansion
JPMorgan, Standard Chartered, alongside other top financial institutions now have a foot in the virtual world.
Adoption
First ETP to combine gold, Bitcoin to trade on Swiss bourse SIX
At launch, Bitcoin would account for 18.5% of the fund while gold would be 81.5%.
Regulation
New York Assembly passes bill to temporarily ban Bitcoin mining
The essence of the moratorium is to give the state enough time to examine the impact of mining in the state.
Layer-2
Ethereum L2 solution Optimism to launch new governance model, token via airdrop
The governance system is a unique bicameral model in which two different entities will work together to grow the ecosystem.
Gaming
Peckshield alerts STEPN users of phishing sites
STEPN, within the last 30 days, has seen its users surge to over 1 million while its token has also risen above $3.
Metaverse
Nike launches first metaverse kicks in partnership with RTFKT
An average Nike CryptoKicks sneakers is selling for around 2.5 to 3 ETH ($7,500 - $9000).
Adoption
Fidelity Investments to offer Bitcoin for pension funds
Fidelity Investments is reportedly looking to allow its clients to invest around 20% of their pensions in Bitcoin.
Analysis
Report: Interest in altcoins rises as Ethereum outflows continue
Ethereum investment products have seen outflows for the last three weeks which is now cumulatively around $60 million.
Adoption
Central African Republic adopts Bitcoin as legal tender
Despite initial opposition, the National Assembly of CAR unanimously passed the bill to recognize Bitcoin as a legal tender.