Nike & RTKFT reveal cryptokicks sneaker NFT
Following Nike’s acquisition of RTFKT in December 2021, the two have been prepping for the sportswear giant’s big step into the metaverse, launching a new NFT collection called “RTFKT x Nike Dunk Genesis CryptoKicks”.
RTFKT first revealed this NFT via a video demo on Twitter, showcasing the product’s unique design, which can be swapped out to create a variety of styles.
Polygon commits $100M to ‘Supernets’
Polygon plans to invest $100 million in customizable “Supernet” chains, customizable networks that projects will be able to run without cost.
The tool aims to fast-track blockchain adoption by reducing the barrier of entry for developers who previously used Polygon Edge. On each Supernet, validators will stake MATIC tokens on the mainnet before going on to validate the network to ensure a robust level of security.
Cardano (ADA) trading volume crashes by more than $372 billion in quarterly low
According to BeInCrypto Research, the trading volume of ADA in the first three months of the year was approximately $142 billion. This was a 72% decrease in the trading volume recorded between January and March 2021 of around $514.89 billion.
A bearish market that has been ongoing since December 2021 can largely be attributed as the primary reason for the ADA’s tumbling trading volume in the first quarter of 2022.
Twitter to test out Stripe’s newly added support for USDC payments
Financial services provider Stripe will support payments in the USDC stablecoin on the Polygon blockchain, according to an announcement today.
Such payments will be accessible through Stripe Connect — its system for integrating payments into online marketplaces — starting with Twitter as its first partner.
Justin Sun to launch algorithmic stablecoin USDD on TRON
Tron will have its own native stablecoin called Decentralized USD (USDD) from May 5, TRON founder Justin Sun announced on Thursday.
A decentralized autonomous organization (DAO) called TRON DAO will manage the blockchain’s stablecoin. According to Sun, TRON DAO will administer a reserve with a 30% interest rate.
Goldman CEO met with Sam Bankman-Fried to discuss advisory services for FTX
Goldman Sachs CEO David Solomon met with FTX founder Sam Bankman-Fried in March, the Financial Times reported, as the Wall Street banking giant tries to forge closer ties with the growing cryptocurrency exchange.
Goldman is trying to cement its role in advising FTX in its dealings with the Commodity Futures Trading Commission. They also discussed Goldman’s position in a potential in ital public offering of the cryptocurrency exchange. Other topics included private fundraising options, collaboration on market making in crypto trades, and Goldman offering traditional banking services to FTX.
Kadena launches $100 million grant program for Web3 builders
Kadena, the only Layer 1 Proof-of-Work protocol to solve the blockchain trilemma of scalability, security, and decentralization, today formally unveils a $100 million grant program to bolster the growth and adoption of world-changing blockchain technology.
The grant program is part of Kadena Eco, a strategic initiative that brings together top industry thinkers, tech talent and funding to fuel Kadena’s ecosystem growth through the development and expansion of gaming, metaverse, NFT, Web3, DeFi and DAO projects.
Europe’s largest electronics retailer to install Bitcoin ATMs
Media-Markt, the number one electronics retailer in Europe, has decided to roll out Bitcoin ATMs at twelve of its branches throughout Austria.
Customers will be able to purchase Bitcoin at Kurant vending machines. Kurant, which was founded as a spin-off of Coinfinity back in 2017, currently operates 200 Bitcoin ATMs in Austria, Spain, Greece, and Germany.
Germany’s Commerzbank applies for local crypto license
Germany’s Commerzbank (CBK) applied for a crypto license earlier this year, a spokesperson for the bank said. This makes it the first major bank in Germany to move towards crypto adoption.
A bank spokesperson said Commerzbank wants to help shape emerging digital ecosystems, especially with regard to custody and trading in non-physical assets.
Whale accumulated 13 million USD Dogecoin
According to Whale Alert, in the last 24 hours, 92,007,817 DOGE was transferred from an unknown wallet to an unknown wallet, equivalent to $12,999,140.