Our lead story this week is the NFT sneakers Nike is offering, which are going for $6,000 or more right now. We likewise cover an NFT theft, after the Bored Ape Yacht Club Instagram account was hacked; the city of Fort Worth voting to mine bitcoin; the Central African Republic embracing bitcoin as legal tender; and Fidelitys decision to include bitcoin in 401( k) plans.Nikes NFT sneakers are offering for countless dollars
RTFKT
Nike released a collection of 20,000 digital sneakers as NFTs last weekend. The NFT sneakers, which arent physical shoes, are costing about $6,000 to $9,000 in ether. A business called RTFKT (” artifact”), which Nike purchased last year, develops the virtual tennis shoes. RTFKT formerly made the popular Clone X NFT collection, which now sells for about $50,000 per NFT. Nike hasnt revealed any plans for physical variations of the NFT sneakers. However, theres a Snapchat filter that utilizes AR to make the shoes appear on your feet through the lens of a wise gadget. Read CNETs full story on Nikes NFT tennis shoes here.Hacker takes control of Bored Ape Yacht Club Instagram account, takes NFTs worth millions
Expense Hinton
Bored Ape Yacht Club, one of the better-known and more expensive NFT collections, is amongst the latest to be targeted in an NFT phishing rip-off. The hacker made off with a couple million dollars in NFTs. The Verge asked Yuga Labs, the business behind Bored Ape Yacht Club, if victims of the hack would be compensated, however Yuga Labs didnt respond.Read CNETs full story on the Bored Ape Yacht Club Instagram hack here.The City of Fort Worth chooses to mine bitcoin
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City authorities in Fort Worth, Texas, voted Tuesday to accept three bitcoin mining makers contributed from the Texas Blockchain Association, and to introduce a bitcoin mining pilot program. Texass mindset toward bitcoin mining is in sharp contrast to the battle over bitcoin mining in New York, where the state assembly passed a bill on Tuesday that would put a 2-year moratorium on bitcoin mining in the state, pending an environmental review. Read CNETs complete story on Fort Worth mining bitcoin here.Central African Republic votes to make bitcoin legal tender
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It had actually likewise urged El Salvador against the decision in 2021. Read CNETs complete story on the Central African Republic passing an expense to make bitcoin legal tender.Fidelity to use bitcoin alternative in 401( k) plans by middle of year.
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Employers will decide if they desire to provide crypto in their retirement strategies, and if so, theyll determine the maximum contribution workers can assign toward bitcoin, according to The New York Times.The US Department of Labor has been important of Fidelitys decision to consist of bitcoin in retirement plans.”Read CNETs full story on Fidelity consisting of bitcoin in 401(k) prepares here.Thanks for reading. In the meantime check out this story by Stephen Shankland on how the metaverse will be a multi-platform mess.
The Verge asked Yuga Labs, the company behind Bored Ape Yacht Club, if victims of the hack would be compensated, but Yuga Labs didnt respond.Read CNETs full story on the Bored Ape Yacht Club Instagram hack here.The City of Fort Worth chooses to mine bitcoin
City authorities in Fort Worth, Texas, voted Tuesday to accept 3 bitcoin mining machines contributed from the Texas Blockchain Association, and to launch a bitcoin mining pilot program. Texass mindset towards bitcoin mining is in sharp contrast to the battle over bitcoin mining in New York, where the state assembly passed an expense on Tuesday that would put a 2-year moratorium on bitcoin mining in the state, pending an environmental review. Read CNETs full story on Fort Worth mining bitcoin here.Central African Republic votes to make bitcoin legal tender
Check out CNETs full story on the Central African Republic passing a costs to make bitcoin legal tender.Fidelity to use bitcoin option in 401( k) plans by middle of year.