Quick weekly news:
- Academic research claims ETH is a 'superior' store of value to Bitcoin: Read more here.
- Jack Dorsey's Square is Undergoing a Big Rebrand: Read more here.
- Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans: Read more here.
Other notable events include:
- Adidas dives into the Metaverse and NFT
- BSC and Animoca Brands launch $200M investment program
Adidas dives into the Metaverse and NFT
Adidas has collaborated with NFT projects Bored Ape Yacht Club, GMoney, and PunksComic.
“Today we leap Into The Metaverse with Bored Ape Yacht Club, GMoney, and PunksComic. It’s time to enter a world of limitless possibilities."
As a reminder, last week Adidas signed an agreement with cryptocurrency exchange Coinbase and is creating a Metaverse with The Sandbox.
BSC and Animoca Brands launch $200M investment program
Binance Smart Chain and Animoca Brands have teamed up to launch a $200M investment fund to support early-stage GameFi projects. Blockchain games that use cryptocurrency or NFTs hit this year with a hugely successful mix of games and crypto, helping Animoca Brands successfully raise several rounds of funding, including a recent $65 million round that raised the company’s valuation to $2.2 billion.
The BSC and Animoca Brands partnership aims to significantly increase the acceptance of blockchain technology and bring a billion new users into crypto.
Also, be sure to check out top altcoin gainers and losers of the week ⤵️
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