Crypto Industry 🚀

NASA astronauts train for future space missions with VR metaverse The National Aeronautics and Space Administration (NASA) has unveiled a new training initiative for astronauts using virtual reality (VR) headsets and metaverse technology to prepare them for life on a lunar space station. In an official announcement, NASA’s novel training technique is expected to play a significant role in mankind’s first lunar space station. Dubbed Gateway, the lunar space station will see humans plant their feet on the moon, serving as a base for further explorations into Mars and deep space.

Adidas and STEPN Team Up for High-Tech Sneaker NFTs STEPN is making moves. Following its significant $100M $GMT airdrop, the Move-to-Earn blockchain game unveiled Genesis Sneaker NFTs in partnership with Adidas and its web3 venture, ALTS by Adidas. “A lot more to come” has also been teased, fueling excitement among blockchain and sneaker buffs alike. However, it remains unclear whether these digital assets will include physical counterparts, like the ‘Adidas X Crazyfast Bugatti‘ football boots.

Rich Dad Poor Dad Author Robert Kiyosaki Believes Bitcoin Price Will Reach $2.3 Million The author of Rich Dad Poor Dad, Robert Kiyosaki, has reaffirmed his bullish stance on bitcoin. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. He explained on social media platform X Wednesday that Ark CEO Cathie Wood has predicted that bitcoin will hit $2.3 million per BTC.

💰 Circle CEO praises Ripple for launching own stablecoin on XRP Jeremy Allaire, the CEO of stablecoin issuer Circle, has welcomed Ripple’s entrance into the market. Earlier today, crypto firm Ripple revealed plans to launch a stablecoin that would be 100% backed by US dollar deposits, government bonds, and cash equivalents. Circle is the issuer of USD Coin (USDC), the second-largest stablecoin by market capitalization. The firm’s asset is enjoying a renaissance, emerging as the best-performing among major stablecoins during the year’s first quarter.

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📣Uniswap DAO prepares to expand $5bn treasury beyond UNI Uniswap DAO, crypto’s third-richest protocol with a $5 billion treasury, has been content to keep its reserves denominated solely in its native UNI token. But that may be changing. With Uniswap exploring a new revenue-sharing model that will include token holders, the DAO, which administers the decentralised exchange, is seeking ways to extend its runway without depleting the the project’s reserves.

Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin Latin American crypto services provider Ripio has introduced a stablecoin pegged to the U.S. dollar, in part to offer Argentinians a way of protecting their assets from inflation. Ripio users in Argentina, where annual inflation is running at 115%, are already able to purchase the UXD stablecoin, also called Criptodólar, the company said Thursday. The stablecoin, which is also available in Brazil, is hosted on LaChain, a Latin America-focused layer 1 blockchain launched in June by Ripio in collaboration with SenseiNode, Num Finance, Cedalio and Buenbit, among others. In June, Ripio CEO Sebastian Serrano told CoinDeskTV that despite the bearish crypto context, the use of stablecoins in Latin America is growing and becoming more common. “In response to the complex economic situation facing Latin America, in particular Argentina, we have created Criptodólar: an innovative solution to help individuals combat inflation and protect their assets,” Serrano said in a statement, adding that the company plans to incorporate UXD to its Ripio Card. Ripio was founded in Argentina and also now operates in Brazil, Uruguay, Colombia, Chile, Mexico, the U.S. and Spain, where it recently obtained approval to operate as a crypto exchange. The company has 8 million users and transacts $200 million a month.

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VeChain becomes an official partner of Internazionali BNL d’Italia VeChain recently announced becoming the official partner of the Internazionali BNL d’Italia. The network has entered a multi-year partnership deal with the tennis body. According to the latest post by VeChain, it will play an important part in phygitalizing the IBI 2023 trophies. Set to run from May 8 to May 21 in Rome. This will be the first time trophies will be phygitalized in ATP history. IBI is one of the biggest events in Italy, accruing an average of 500,000 attendees across the tournament. The event will create massive opportunities for VeChain to show its real-world uses. The winners will earn trophies embedded with the power of VeChainThor. The VeChain-powered NFTs will be introduced to worldwide businesses and users via real-world applications. Phygital is a mixture of the words physical and digital. It refers to the process of providing digital identities to physical objects using NFT, NFC, and blockchain technologies. There are innumerable use cases for phygitals, and they are relevant for most industries. For IBI 2023, the NFTs attached to the built-in NFC chip become the proof of ownership. It is immutably assigned to a winner, acting as the certificate of authenticity, removing any chances of fraud. With the act, VeChain is showing blockchain’s capability to deliver unmatched levels of data security. Other than this, VeChain has also made it possible for attendees to win phygital prizes. Users can claim VeAce NFT from the designated landing page once the tournament starts on May 8. VeChain and its partners are helping the general public learn about real-life use cases that can radically modify society. Their collaboration with IBI is the latest example of this approach, showing how VeChain can help even the world of tennis using blockchain.