Jack Dorsey, Gridless, Metaverse Fashion Week, Decentraland, Gate.io, Coca-Cola, FIFA World Cup, Goldman Sachs, Circle, SPAC Concord, Abu Dhabi, teamLab.
- Jack Dorsey and partners invested $2 million in mining in Africa. The funds raised by data center operator Gridless will be used to develop sites for mining cryptocurrencies using renewable energy in rural areas.
- Metaverse Fashion Week (MVFW) is set to make its return, the event’s organiser and host platform Decentraland has said. The metaverse-based fashion event will be held from March 28 to 31, 2023, as a virtual conclusion to the spring/summer fashion season.
- Gate.io has allocated $100 million to support liquidity in the crypto market. The crypto exchange initiative has no time limit and will apply to all participants in the Web3 industry.
- Coca-Cola will release an NFT collection in honor of the 2022 FIFA World Cup. 10,000 digital tokens from the Piece of Magic series will be created based on the heat maps of the tournament matches.
- Reuters learned about Goldman Sachs’ plans to buy up cheap crypto companies. One of the world’s largest investment banks is planning to spend tens of millions of dollars to buy or invest in crypto platforms after the collapse of the FTX exchange lowered prices in the industry.
- Circle has announced that it is halting its merger with SPAC Concord. Despite the abandonment of the merger, which was planned from 2021, the USDC stablecoin issuer still intends to become a public company.
- Abu Dhabi unveils plans to open multi-sensory immersive art space by teamLab. The construction of the building is set to be completed in 2024.
FTX, Zipmex, Coinbase Wallet, AppStore, Binance, HOOK, Hooked Protocol, Nike, RTFKT Studio, Florida’s Dalí Museum, DALL-E, TeamLab, Mike Novogratz, Galaxy Digital, Celsius Network, The Graph, Polygon,
- The Japanese division of FTX has announced plans to resume withdrawals. Assets of clients from Japan will not be relevant to the bankruptcy proceedings of the group of companies taking place in the United States.
- The bankrupt crypto exchange Zipmex has found a buyer for its assets. The platform plans to use the money received to return funds to customers whose accounts have been frozen.
- AppStore blocked Coinbase Wallet update due to NFT transactions. The iOS app store insists that it must receive a 30% commission on the gas that users pay for transactions with digital tokens.
- Binance has suspended withdrawals due to the Ankr and Hay protocol hacks. The attackers managed to steal more than $15 million worth of cryptocurrencies, but Binance froze some of them.
- The rate of the HOOK coin soared by 4900% after the opening of trading on Binance. The crypto exchange has listed the management token of the Hooked Protocol project, which creates game-based learning products for the mass adoption of Web3.
- Nike and RTFKT Studio have presented the first collection of non-fungible tokens on the Ethereum blockchain. The digital objects are inspired by the Nike Dunk silhouette.
- Florida’s Dalí Museum opens an exhibition, where the visitors can watch images from their dreams stripped of their individual significance and fused together into a single AI hivemind fantasy. The project was created with DALL-E, the A.I. art app.
- TeamLab transforms historic castle in Fukuyama into an interactive art space. The upcoming project is part of teamLab’s Digitized City art series, in which the digital art collective explores how non-material tech can turn a city and its buildings into art without physically altering it.
- Mike Novogratz’s cryptocurrency-focused financial-services firm Galaxy Digital has won an auction to buy self-custody platform GK8 from bankrupt crypto lender Celsius Network, Galaxy said in a press release.
- Indexing service The Graph will soon add support for the Polygon blockchain. Polygon-based applications can soon run on fully decentralized application programming interface (API) run on The Graph, away from the current hosting service.