Adidas makes Bored Ape Yacht Club NFT its Twitter display, what’s with the endorsements?

Happy Friday, everyone! The global crypto market cap is $2.58 trillion with a 24-hour volume of $116.

CryptoSlate Newsletter @cryptoslate

Happy Friday, everyone! The global crypto market cap is $2.58 trillion with a 24-hour volume of $116.4 billion. The price of Bitcoin is $56,231.76 and the BTC dominance is at 41.0%. The best performing cryptoasset sector is Prediction, which gained 29%.

Adidas makes Bored Ape Yacht Club NFT its Twitter display, what's with the endorsements? After weeks of flirting with projects in the non-fungible token (NFT) space, one of the leading clothing brands in the world, Adidas, has now stepped into the space in style as it purchased a Bored Ape Yacht Club NFT while also scoring a number of partnerships within the space. cryptoslate.com

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Speculation mounts over Polygon's major announcement at the up and coming zk Summit Ethereum layer-2 scaling platform Polygon is hosting the zk Summit next Thursday. cryptoslate.com

RomeDAO wants to gamify governance and become the reserve currency for Kusama RomeDAO is taking the word 'experimental' to new heights, proposing a 100% community token allocation, no VC funding, and a reserve currency held stable by rock-solid governance. cryptoslate.com

Analysis: How Polkadot (DOT) could become Blockchain 3.0 Well, not always, but one of the biggest problems is the lack of interoperability, where it is impossible or inefficient for users on one blockchain to make transactions or transfer data with another. cryptoslate.com

Here's why the demand for Moonriver (MOVR) could rise as Chainlink integration begins Polkadot smart contract parachain Moonbeam recently announced the native integration of Chainlink Price Feeds on Moonriver, marking a pivotal moment for projects building in the Kusama ecosystem. cryptoslate.com

Bank of America now says the crypto metaverse is a 'massive opportunity' A strategist at the Bank of America, Haim Israel, in a recent interview has declared that the new buzzword in the crypto space, Metaverse, holds a lot of potential for the crypto industry and it could be the niche that would drive the global adoption of the space. cryptoslate.com

A Japanese game with 8 million users is launching a crypto metaverse Gensokishi Online Project has announced the launch of METAWORLD, the newest iteration of the popular game. cryptoslate.com

India may disallow Indians from trading crypto on foreign exchanges A recent cabinet note shared by the government of India states the new crypto bill will be regulated by the Securities and Exchange Board of India (SEBI). cryptoslate.com

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