Daily Digest – May 3th

• Bitcoin’s downtrend continues; Algorand gains 25% after FIFA partnership.

• Whales continue ETH accumulation, while Cardano whales buy 196 million ADA.

• Dfinity Foundation slams Meta with trademark lawsuit over ‘Infinity’ logo.

• Mark Cuban and Elon Musk to use Dogecoin to defeat Twitter’s spam bots.

• Square Enix sells IPs of Tomb Raider, Deus Ex, and other western studios to make NFT Games.

Louis Vuitton’s NFT Game, ‘Louis: The Game’, Hits Landmark 2 Million Downloads

In August 2021, French luxury fashion house Louis Vuitton launched a non-fungible token (NFT) game to celebrate its 200th anniversary...

Tesla Open to Further Crypto Investments Per SEC Filing

Tesla has not sold its Bitcoin and seems to have a positive outlook for future crypto investments, as revealed by the company’s recent filing with the U.S. Securities and Exchange Commission.

In a document submitted to the SEC, the electric car manufacturer disclosed that it believes in the long-term potential of digital assets. The company states that this belief applies to cryptocurrencies as both an investment and a liquid alternative for cash...

Yuga Labs Apologizes for Disrupting the Ethereum Network With Its $561M Otherside Sale

On April 30th, Yuga Labs, the creator of one of the most popular non-fungible token (NFT) collections – the ‘Bored Ape Yacht Club (BAYC)’ – launched land sales for its much-anticipated metaverse project, the ‘Otherside’...

In 10 Years There Will Be 1 Billion Cryptocurrency Users, Coinbase CEO Predicts

CEO of Coinbase Global Inc. Brian Armstrong claims that within a decade the number of cryptocurrency users worldwide will reach one billion. The claim was made on Monday during the ‘Milken Institute Global Conference‘.

Currently, there are approximately 200 million cryptocurrency and digital asset enthusiasts around the world. But that figure will grow in the next 10 years according to the forecasts of the crypto executive...

That's you all up to date. But if you're hungry for more crypto news and insights, there's always more on our website.And feel free to reach out to us at [email protected] with any questions or comments.Until next time,DailyCoin Team