Daily Crypto NewsEDITION #370, 14 December 2021

Just Metaverse It

Hey Moni Maker 🥍

Today Ukraine celebrates the Day of Honouring Participants of the Chernobyl NPP Accident Consequences Elimination. Unfortunately, humanity cannot always realise the power the toy is holding in its hands, be it a Kalashnikov or a nuclear power plant. And if only this misunderstanding would not cause pain to others, but... 

Cryptocurrencies and blockchain are safer. You won't catch radiation, just FOMO and a lost deposit. But you'll always have Digest to back you up. Let's go!

Ready to take its next step into the metaverse, Nike announced today it has acquired RTFKT Studios, a digital art studio focusing on sneaker-themed non-fungible tokens (NFTs) and collectibles using the Ethereum blockchain.

“We’re acquiring a very talented team of creators with an authentic and connected brand,” Nike President and CEO John Donahoe said in a press release. “Our plan is to invest in the RTFKT brand, serve and grow their innovative and creative community and extend Nike’s digital footprint and capabilities.”

So what? 

Well, hello! The giants continue to measure their trainer size. We wonder who will end up stepping on who's toes

Joe Lubin, a cofounder of Ethereum and the CEO of ConsenSys, waves off gas fee concerns.

"High gas fees are a measure of success," he said in an interview with Decrypt onstage at Dcentral, an event in Miami last week to kicked off Art Basel. "They're a growth pain, they're something that can't be avoided. When a new technology becomes successful, it always has scaling issues. So whether it's CPU cycles, or screen real estate, or memory, you're basically going to have software engineers max out the capabilities of the technology. And it turns out we're seeing consumers max out the capabilities of the technology."

Listen to us, degen; let's be civil. You either use DeCommas or read this text and DYOR the project. 

Ok, well, let's go over the updates: 

- Now, you'll be able to see ALL your NFTs: even the ones on SolSea and SolanArt.

Type in the address!

- And now you can also check out faucets. You can buy testnet tokens and not f@ck your brains out searching google. 

Turn on the faucet

In the WSJ interview Gensler restated his desire for more robust measures to protect crypto investors.

“The public’s anticipating some profit based upon the efforts of some entrepreneur or computer-science group that’s raised money from the public. That fits in our broad remit at the SEC,” he said.

Buttfurt in 3...2...1…

Watchlist is a list of coins you follow. For example Bitcoin, Uni and Ethereum. We have a guide on how to create a watchlist in Moni.

And more you can find in our Glossary!

And you...buy Bitcoin! (it's a good time!)