ValteFri, Nov 26, 2021 1:03 PM
Weekly Digest: Adidas Partners up With CoinBase & Free Axie's Transactions
Every week we make a digest about the most significant news in crypto with bloggers and crypto community members, but this week we decided to find out what companies’ representatives and media think about all things crypto.
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Niantic, the company behind Pokemon Go is partnering with Fold crypto debit company to launch a new augmented reality game by the name Fold AR where players will be able to earn Bitcoins. The users got to walk around and break the blocks by solving the quizzes, and for that, they will be awarded with Satoshis. Now the beta-version is on and the full version will be launched in 2022.
“We believe Bitcoin is really just a game.” — Official game announcement
The second-largest in the world sportswear brand will collaborate with Coinbase cryptocurrency exchange and payments platform for “probably nothing”, according to the official Twitter announcement. But the community believes that Adidas is preparing something that is highly anticipated by the audience. The tweet got over 5000 likes and more than 10000 reposts, but it didn’t affect native token COIN a lot.
After the move of decentralized cryptocurrency Zcash to Proof-of-Stake protocol was announced the token was quickly and impressively gaining value. It attracted lots of attention from the community and the question of where to buy the crypto arose. At the moment, ZEC is available for purchase on eTor and FP Markets. Analysts are very optimistic about Zcash price prediction, the value is expected to skyrocket once the migration is complete.
“According to Crypto News Z’s one-year Zcash forecast, the token might reach $280 by the end of this year.” — Coinjournal
A week hasn't passed since Floki Inu partnered with professional football clubs Kerala Blasters FC from India and Cadiz CF from Spain and became their sponsor, the meme cryptocurrency marketing team collaborated with Italian Società Sportiva Calcio Napoli (S.S.C. Napoli). The players will wear the t-shirts with the Floki brand on the back at all the domestic games, plus the partnership will also include other promotional assets, that are not announced yet.
“SSC Napoli will represent a key asset, given that the club is a global brand with an amazing history together with a fantastic fanbase.” — FLOKI’s marketing department
All Axie Infinity players having registered marketplace accounts will be able to perform up to 100 free transactions a day. This option was introduced after Ronin blockchain-free nodes have been overloaded over the past weeks causing troubles for the Axie Infinity players. Sky Mavis thinks it was caused by excessive spam on the platform. To reduce its amount, now only users with the account registered on a marketplace can perform free transactions. Already registered users have to activate the registration to keep the privilege.
📌 Breaking: Binance Reveals It’s Rebuilding the Dogecoin (DOGE) Wallet Entirely After Heavy Backlash
After the development glitch in the DOGE wallet caused numerous quarrels around the exchange, Binance decided to rebuild the wallet from scratch. Last week Binance updated the DOGE wallet, but the technology went wrong and a year-old transaction got stuck in the system due to low fees. The transactions were executed from Doge holders but then asked back from them even though the tokens were already gone. After Binance threatened to suspend the transactions and withdrawals for the users, Elon Musk asked Binance CEO Changepeng Zhao why the problem was solved in a shady way. CZ fired back, reminding how Tesla recalled 12 000 vehicles due to the communication problem.
SHIB and DOGE tokens were searched in Google more than any other crypto word in the US, according to the study exploring the boom of the meme tokens in 2021. Shiba Inu and Dogecoin were googled more than well-known assets such as Bitcoin and Ethereum, showing the massive adoption of the funny digital assets and also a hype around those coins that somehow takes the attention from older and more complex cryptos that were and still defining the direction of the crypto market overall.
“Others even believe that SHIB and DOGE can attract a huge user adoption and grow well if they get listed on the popular trading platform.” — Coinquora
American Digital currency platform Kraken will remove Monero Coin from its list in the United Kingdom, as the crypto didn’t manage to meet the local regulatory requirements. Delisting starts from November 26 and from that time on the users won’t be able to increase margin positions or fund their balances.
“The delisting of Monero on Kraken is the first of its kind for the US-based trading platform and may mark a precedent for many other exchanges to follow in the near future.” — Blockchain.News
India will introduce a much-discussed cryptocurrency bill. It will include a few regulations on the digital assets and also their legal classification and the intended tax from them. If the bill is ready it has a chance to get approved during the coming parliament session. The inside sources hinted that the government might officially consider cryptocurrencies as an asset class and prohibit their usage as a matter of payment and put the tax on crypto gains.
“Now with the government looking set to clear crypto regulations, the Indian crypto ecosystem could reach new highs.” — Coingape