Crypto News Roundup: Twitter NFT Profile Pics, Walk Your Dog In The Metaverse, NYC Mayor Gets Paid In Bitcoin

This week in crypto news: Tom Brady’s celebrity NFT banks $170M, hackers stole more than $30 million in Bitcoin and Ethereum, and more.

Author profile picture of Bitcoin Chaser By Bitcoin Chaser
Published Jan 21st, 2022
Updated Jul 10th, 2024
Crypto News Roundup: Twitter NFT Profile Pics, Walk Your Dog In The Metaverse, NYC Mayor Gets Paid In Bitcoin

Whether it’s blockchain, cryptocurrencies, or NFTs, we ensure you always know what’s happening in the crypto space. Our mission is to highlight all the most talked-about cryptocurrency news every week, ensuring you don’t miss out on any important information. From companies taking over the NFT space, to crypto adoption, and your favorite exchanges. Everything you need to know about cryptocurrency news can be found on Bitcoin Chaser.

Let’s take a look at all the cryptocurrency news over the last week, recapped and compiled in an easy-to-digest format, listed below:

Tom Brady’s celebrity NFT startup Autograph banks $170M-

Americas’ football sweetheart, Tom Brady, is making headlines for reasons outside of his sporting career and it’s exciting.

Athlete Tom Brady founded an NFT agency known as Autograph, with the hopes that more big-time celebrities will join his crypto-collectibles move. With the confirmed partnerships of Tiger Woods, Usain Bolt, Simone Biles, Derek Jeter, Naomi Osaka, and Tony Hawk, Tom Brady managed to secure $170 Million from Silicon investors.

It is great to see celebrities embracing the power of Blockchain technology, and shows that mainstream adoption is already here.

Read more on Tech Crunch

Crypto.com hackers stole more than $30 million in bitcoin and ethereum-

Crypto.com has been making strides through their commercial with Matt Damon and their deal to rename the Staples Center, but this is a two steps forward and one step back scenario. 

Crypto.com announced that cybercriminals had breached their security systems, managing to bypass their two-factor authentication system. It is said that a total of 483 customer accounts were hacked, and the criminals made it out with more than $30 Million in funds, 4,836 ETH and 443 BTC to be precise. All lost funds have been fully reimbursed to customers. 

This hack is sad, not only for customers but also the exchange that lost money through reimbursement, but we are proud of the way Crypto.com handled it. 

Read more on CBS News

DAPPER LABS AND UFC LAUNCH ‘UFC STRIKE’ NFTS-

The sporting industry is finding lots of success in the cryptocurrency world, especially the NFT sector. First NBA, then NFL, and now UFC. 

The UFC announced their collaboration with Dapper Labs to create a highly anticipated NFT collectible product. The NFT collection will be called UFC Strike, featuring 100,000 packs, which highlight three NFT moments. The moments could show great finishes, amazing striking, or incredible grappling skills displayed by their fighters. 

The sale of these collectibles will begin on January 23rd, 2022, and each pack will be sold for $50. Be quick, there are only 100,000 up for grabs during this sale. 

Read more on UFC

Eric Adams, a Bitcoin Booster, Is Taking First Paycheck in Crypto-

America has had a complicated relationship with cryptocurrency in the past, and the road is still rocky, but the NYC mayor is hoping to change all that. 

Eric Adams, the currency New York City mayor, made a promise in the election process that he would take his first three paychecks in BTC, and he is fulfilling what he said. He has arranged with leading exchange Coinbase to convert his paycheck into BTC and ETH. He is doing so because he believes NYC could become the global capital for cryptocurrency.

This story has sparked plenty of controversies, but it is still inspiring to see politicians accept cryptocurrency in a climate where it is not yet considered for its potential. 

Read more on The New York Times

Twitter debuts hexagon-shaped NFT profile pictures-

https://twitter.com/TwitterBlue/status/1484226494708662273

The founder of Twitter has been a long-time fan of crypto, announcing Twitter crypto tipping and even his own Decentralised Bitcoin Exchange, tbDEX. 

Twitter has now announced its move at adopting cryptocurrency in a new way, through NFTs. The new feature will allow users to connect their crypto wallets to the Twitter account. Users linked wallets will allow them to select NFT images and make them their Twitter profile pictures, formatted in a hexagon shape. 

NFT profile pictures are now a thing thanks to Twitter and their innovative attitude towards new technologies, and both the Twitter and NFT communities are loving it. 

Read more on Reuters.

Scan your dog and go walkies in the Metaverse: Virtual NFT pets-

People are still debating over the Metaverse and its possible functionality in the world as we know it, but now it has got even weirder. 

There are potential talks about NFT pets in the Metaverse, although we have already seen this played out by Decentraland which allows you to walk your NFT dogs. The project known as ClassicDoge allows you to scan and tokenize a 3D rendering of your pet, which you could be able to bring into the Metaverse with you at some point in the future. 

It may just be better to take your pet for a real walk, but the rate at which technology is excelling is exciting in itself, and having your pet in the Metaverse is sure to be a nice touch. 

Read more on CoinTelegraph.

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