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• The Sandbox has recently partnered with security solution provider Ledger to bolster its security stack and treasury management.
• Through this partnership, Ledger will offer support for Sandbox assets in its solutions and add a widget for The Sandbox on its desktop app.
• The metaverse will also migrate all NFTs in its collection wallet to a secure Ledger wallet for added security.

The Sandbox Partners with Ledger

The Sandbox, one of the top metaverse platforms, has recently partnered with hardware wallet maker Ledger to bolster its security stack and treasury management. This strategic alliance between the two companies will bring mutual benefits as well as added security to the platform.

Ledger Support for Sandbox Assets

Ledger will be offering support for Sandbox assets in their solutions by adding a widget for The Sandbox on their desktop app. Furthermore, The Sandbox will work with them to recommend their suite of solutions to LAND owners looking for a secure way to store their digital assets such as NFTs and other crypto collectibles.

Migration of NFTs

As part of the agreement, all NFTs stored within the metaverse’s wallets will be migrated to more secure wallets provided by Ledger. This is being done mainly due to rising hacks, scams and mismanagement that occur frequently in Web3 projects that create or store digital assets.

Mutual Benefits

Both parties are expected to benefit from this partnership based on Sebastien Borget’s statement: „We have a long relationship with Ledger, and we’re excited to deepen our partnership“ he said while expressing his enthusiasm over the new venture. Alex Zinder from Ledger also shared his thoughts on the importance of providing secure wallets for users‘ digital assets: „Web3 projects that create or store digital assets are vulnerable to rising hacks, scams, and mismanagement“.

Conclusion

This strategic alliance between The Sandbox and Ledger is sure to provide greater security measures for both individual users and brands using their services. With this newfound level of protection against malicious actors, users can now explore virtual worlds without fear of having their data compromised or stolen.

• Nike’s Web3 subsidiary RTFKT will release its first-ever physical NFT shoes next month.
• Clone X Forging SZN 1 Pre-Forge 3D NFTs trade for around $500 on OpenSea.
• The collection also features hoodies, t-shirts, and accessories designed by Takashi Murakami.

Nike to Release Physical Air Force 1 NFT Shoes

Nike’s Web3 subsidiary RTFKT is releasing their first-ever physical NFT shoes next month. On April 24th 2023, the ‚Forge The Future‘ minting event will be available for all RTFKT holders who own a Clone X Forging SZN 1 (PRE-FORGE) NFT. These 3D NFTs featuring a capsule with the shoe model of choice are available on the secondary market like OpenSea and cost around $500.

Takashi Murakami Collection

The collection also features exclusively designed hoodies, sneakers, and t-shirts by Takashi Murakami, the famed Japanese designer. His signature art NFT wearables cost significantly less than Nike’s virtual kicks, with the animated Drip t-shirt going for 0.085 ETH and the Murakami Drip cap priced at just 0.07 ETH which totals to $125.69 at the time of publication.

Try on Real Life Nike Sneakers

To claim, NFT enthusiasts have to purchase a 3D NFT capsule featuring the color of their choice; such as Robot which costs 0.21 Ethereum (ETH). On top of that, these collectibles don’t include a forging pass but will be compatible with avatars across multiple metaverses so users can use them as wearables across platforms.

RTFKT x Nike Air Force 1

The RTFKT x Nike Air Force 1 sneaker special edition is an iconic hybrid sneaker that rewards Clone X holders with real life walks and try out new features like haptic feedback, auto-lacing, and enhanced lightning on the iconic Air Force 1 shoe model . As excitement builds among fans eagerly boasting about their stylish 3D NFTs on Twitter , it is no surprise that Nike is leading fashion brand name in Web3 with $185 million in sales .

Conclusion

The upcoming ‚Forge The Future‘ event marks an exciting milestone for both fashion industry insiders and crypto fans alike as it ushers in a new era of real life/virtual hybrid products powered by blockchain technology . It promises to provide a unique experience by allowing users to experience their favorite sneakers through 3D animations while being able to customize them via virtual reality technology . With this unprecedented move , we can only expect more innovative collaborations between traditional fashion houses and blockchain startups in 2023 .

• Solana (SOL) has reclaimed $20 amidst the current crypto market corrections.
• A large amount of SOL was transferred to Coinbase by an anonymous whale.
• The bullish reversal is attributed to Whale Activity, Change in Market Sentiment and the Grizzlython Hackathon.

Solana (SOL) Reclaims $20 Amidst Crypto Corrections

The current centralized banking crisis has been favorable for cryptocurrencies, with Solana (SOL) seeing a bullish reversal after its native cryptocurrency struggled to reclaim $20 over the past seven days. Crypto traders are predicting a pump in the price of SOL due to Whale activity and change in market sentiment as well as the ongoing Grizzlython Hackathon.

Whale Activity

On March 13th, cryptocurrency transaction tracker service Whale Alert revealed that a whopping 537,352 SOL (worth approximately $10.5 million at the time of writing) was transferred from an unknown wallet to the Coinbase centralized exchange (CEX). Although the anonymous whale transferred a significant amount of SOL to a centralized exchange, it appears that the chunk has not been sold off, as there is no reflection of a significant withdrawal on the price chart.

Change in Market Sentiment

Crypto trader Kar Crypto has shared an analysis of the price of SOL, claiming that it is entering a „Bullish „Deep Crab“ harmonic pattern“ and predicting that SOL is on its way to a 10% pump. Furthermore, Solana is nearing the end of its current Grizzlython Hackathon, wherein community members compete for cash prizes of $10,000 by building mobile-first Web3 projects. The community has been active on Crypto Twitter amidst the current upward trend in the price of SOL, with views accumulating close to 53,000 within ten hours after its publication.

Recent Price Movement

Amidst border crypto market corrections ,the price off SOL had retraced from its recent one-month low on March 10th when it opened at 16:48 USD and peaked at 16:55 USD before closing at 15:07 USD . However ,a bullish reversal was seen shortly afterwards when it opened again above 18 USD .

Conclusion

The crisis surrounding centralized banks have resulted in an uptick in crypto markets ,with Solana’s native cryptocurrency surging despite recent market corrections . This surge can be attributed largely due to whales transferring large amounts into Coinbase exchanges ,change in positive sentiment among traders and also due to Grizzlython Hackathon taking place currently .

• A Coinbase user lost $96,000 due to an SMS prompt message prompting them to change their password and account draining.
• Coinbase denied responsibility for failing to flag several unauthorized transactions while the victim managed to regain access the next day, only to see multiple zeros.
• Coinbase has also refused to reimburse a client in a similar situation in 2021, when a user lost a considerably smaller sum of $7,500 due to a SIM Swap hack.

Coinbase Refuses Refund for Lost Funds

A Coinbase user recently lost $96,000 due to an SMS prompt message prompting them to change their password and an account drained as a result. Despite this, Coinbase refuses responsibility for failing to flag several unauthorized transactions that led up to the significant loss.

Similar Situation Occurred in 2021

The victim managed to regain access the next day but was met with seeing multiple zeros instead of his life savings. This is not the first time that Coinbase has been accused of refusing reimbursement for losses caused by security breaches; another client faced similar issues in 2021 when they lost $7,500 due to a SIM Swap hack.

Coinbase Stock Price Decline

Unethical practices like this have taken its toll on Coinbase’s stock price as well; at press time it costs $62.77 with 2.7% decline in the last 24 hours.

Base Layer-2 Blockchain Launched

In addition, Coinbase recently launched Base Layer-2 blockchain while CEO Brian Armstrong intends on applying transaction monitoring in compliance with regulations set by different governing bodies around the world.

Lawsuit Filed Against Coinbase

Crypto investor Jared Ferguson from New York filed a lawsuit against Coinbase after his account credentials were lost as a result of the security breach mentioned earlier on May 2022. The plaintiff argues that since his account password was changed from different IP address and device, there should be some liability on behalf of the encryption exchange company for missing out on unauthorized transactions according Federal and State Laws alike.

• Ripple (XRP) is willing to pay up to $250 million in a settlement with the SEC if it publicly acknowledges that XRP is not a security.
• Exodus has added support for Cardano’s (ADA) Web3 integration, which will increase user base of Cardano (ADA).
• TMS Network (TMSN) has disrupted the market by offering an efficient way to trade various digital assets on a single platform.

Ripple (XRP) Ready To Pay Up To $250 Million For Settlement

A crypto advocate, attorney John Deaton, has opined that the SEC and Ripple (XRP) can arrive at a settlement but only on one condition. Deaton states that Ripple will pay $100-$250 million in a settlement only if the SEC publicly acknowledges that XRP is not a security. However, he said that the SEC would not agree to it, given its „war“ against Ripple (XRP). He asserted that in the ongoing legal tussle, Ripple (XRP) would easily defeat the SEC. As per the market capitalization, Ripple (XRP) is still the 6th largest cryptocurrency. The price of Ripple (XRP) has witnessed a nominal increase of 0.23% in the last seven days. However, Ripple (XRP) has declined by 8% on the monthly chart. The current trading price of Ripple (XRP) is $0.39, which is 90% below its all-time high of $3.84.

Users Of Cardano(ADA ) Increase After Exodus‘ Support

Exodus, a popular crypto wallet, has added support for the Web3 integration of Cardano(ADA ) to its extension wallet. Now , Exodus users can access Cardano’s(ADA ) dApps through their wallet . This latest development has come as a big boost for the Cardano( ADA ) community . It is expected to increase user base of Cardano( ADA ). However ,the last few days have not been favorable for Cardano( ADA ). The price of Cardano( ADA )has fallen by 3 %in last seven days . On monthly chart ,the price of cardanp( ADA )is slightly up by 1 47%. Currently ,Cardano( ADA )trades at$ 0 38 ,which is 88 %below its all-time high of 3 10.

Investors Of TMS Network Become Extremely Bullish

Revolutionizing and disrupting market ,TMS Network (TMSN )has made trading cryptocurrencies and other digital assets on single platform possible .TMS network offers an efficient way to trade variety digital assets such as Crypto Currencies ,ICO tokens and stable coins etc .The presale event was successful as investors become extremely bullish about TMS network project .The total sale amount reached 1 million dollar with 25 times higher than soft cap during presale event which clearly reflects investor enthusiasm towards this project .Current trading priceof TMS network stands at$ 0 40 while its all time high was 4 00.

Conclusion

Inflation , regulations and competition have made life difficultfor long standing cryptocurrencies like ripple and cardanorising inflation strict regulations and fierce competition have made life difficult for long standing cryptocurrencies such as ripple cardonowith ripple ready to pay upto 250 million dollars in settlment with sec if it publically acknowledge ripplemot xrpas nptasecurity exodus adding suport for web 3 integration cscardino ada users increasing tms network exploding for milion dollars profit press release march 1 2023 10 am gmt investors are getting bullish about these projects .

• Solana Spaces announced the shutdown of physical shops in NYC and Miami.
• SOL dropped by 10% amid the news, retaining #12 by global market capitalization.
• The startup is switching focus to DRiP NFTs and Solana Foundation projects.

Solana Spaces Shuts Down Physical Stores

Solana Spaces has announced the closure of its physical stores in New York City and Miami, resulting in a 10% drop in price for SOL, the altcoin associated with it. Despite this dip, SOL managed to maintain its position at #12 on CoinGecko’s global market capitalization list.

Shift to Focus on DRiP NFTs

The founding member of Solana Spaces, Vibhu, expressed his regret that these stores will no longer be available for onboarding crypto enthusiasts. He further mentioned that the team had found a more efficient way to do this through digital products like DRiP—a free-to-mint NFT artwork project which requires customers to connect their Phantom wallets to get a weekly airdrop. This rebranding effort seeks to demonstrate that non-fungible tokens can be valuable art while also increasing awareness and usage of Solana’s blockchain network.

Price Fluctuations Following FTX Mess

SOL has been struggling since entering an oversold condition over a week ago due to the consequences of FTX mess—including price fluctuations, decreased network activity, and declining interest from retail investors. Even though it was able to manage 7.3% growth on a weekly basis, it failed to recover from its steep descent as evidenced by its current $23.43 trading price according to CoinGecko data.

Farewell Message From Founder

Vibhu expressed his gratitude for the hard work put into the startup during its 8 months of activity and shared how “the greatest retail team ever assembled” had made much progress despite limited resources and time constraints faced by them during their journey together as Solana Spaces staff members.

Conclusion

While saddened by having to close down physical stores nationwide, Vibhu remains hopeful about DRiP’s potential for onboarding more people onto Solana network faster than ever before while proving that non-fungible tokens can be treated as valuable art pieces too.

• Bitcoin and Ethereum have seen a significant price increase over the past few days, with Bitcoin nearing the $25,000 mark and Ethereum briefly surging above $1,700.
• From a technical perspective, both digital assets are displaying a bullish bias.
• If Bitcoin breaks the $25,000 resistance level, it may push the price momentum towards $26,200 or even $27,000. Meanwhile, Ethereum could need to see some sort of catalyst to continue higher.

Recent Price Increase

Over the past few days, both Bitcoin and Ethereum have seen a significant price increase. Bitcoin flew toward the $25,000 mark and Ethereum briefly surged above $1,700 on Wednesday.

Technical Analysis

From a technical perspective, both digital assets are displaying a bullish bias. The leading digital asset successfully surged above the key resistance level of $22,000 and remained well above the 200-day simple moving average. The bears defended their territory at the $25,000 zone but there is still potential for Bitcoin to break this level and push towards higher levels of around $26k or even further to around 27k. Meanwhile, Ethereum has bounced off the 38.2% Fibonacci retracement level of 1.490 which could signal that it needs some sort of catalyst in order to continue its upward trend.

Potential Risks

Despite these increases in value for both cryptocurrencies there remain potential risks that should be taken into consideration when trading these assets. A breakdown below certain support levels could lead to further declines in price so traders should keep this in mind when making decisions about their investments.

Bullish Trend?

It remains unclear whether or not these two digital currencies will continue on their current bullish trend or if a correction will soon be expected due to various factors such as uncertainty regarding regulations and liquidity issues that can affect market sentiment.

Conclusion

These recent developments suggest that cryptocurrencies are showing signs of strength despite potential risks that investors need to consider before entering any trades with these assets. It will be interesting to see how these markets respond over time as more news becomes available related to regulation changes and other industry updates which can influence prices significantly going forward.

• Kraken has agreed to pay $30 million in fines and shut down its crypto-staking services as part of a settlement with the SEC.
• The crypto community has been outraged by the report, calling out Gary Gensler for his anti-crypto agenda.
• Commissioner Hester Pierce (the Crypto Mom) blasted the SEC for its „lazy and paternalistic“ approach towards regulating crypto.

Kraken Reaches Settlement with the SEC

Kraken, a U.S.-based cryptocurrency exchange, has been hit with $30 million in penalties and agreed to shut down its crypto staking program as part of the settlement with the Securities and Exchange Commission (SEC) for offering unregistered securities. As part of the settlement, Kraken would shut down its cryptocurrency staking program that it had been offering its customers since 2019.

Crypto Community Calls Out Anti-Crypto Agenda

The settlement news has sparked outrage in the crypto community, who called out Gensler’s seeming detestation of crypto. Popular investor and Cinneamhain Ventures partner, Adam Cochran, has called out Genler’s anti-crypto agenda while Ryan Sean Adams noted that the SEC could have taken other measures rather than charging Kraken.

SEC Chairman Gary Gensler’s Reaction

SEC Chairman Gary Gensler had previously said staking could be classified as securities and just after announcement he tweeted: “Today @SECGov charged Kraken for the unregistered offer & sale of securities thru its staking-as-a-service program…Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries must provide the proper disclosures & safeguards required by our laws.“

The Crypto Mom Reacts

Commissioner Hester Pierce (the Crypto Mom) blasted the SEC for its „lazy and paternalistic“ approach towards regulating crypto in response to this news.

Conclusion

Kraken was fined $30 million by the SEC due to offering unregistered securities and shutting down their cryptocurrency staking program that they were providing their customers since 2019 The crypto community reacted angrily at this news calling out Gary Gensler’s anti-crypto agenda while Commissioner Hester Pierce criticised them for their “lazy and paternalistic” approach to regulation.

• McDonald’s tweeted “what did I miss”, prompting a response from Elon Musk and the Dogecoin (DOGE) community
• Musk reaffirmed that he would “100%” appear in a McDonald’s ad if they implemented DOGE payments
• The price of DOGE has seen an upswing of 6.42% over the last seven days

On January 26th, 2023, McDonald’s, the American multinational fast-food chain, sent a tweet to its 4.7 million followers that sparked a chain reaction, resulting in a flurry of responses from Elon Musk and the Dogecoin (DOGE) community. The tweet, which asked „what did I miss,“ accumulated 8.1 million views in less than 24 hours.

Business magnate Elon Musk was quick to respond, replying to the tweet with „oh hi lol.“ DogeDesigner, a UX/UI graphic designer at Dogecoin, took advantage of the opportunity to refer to a tweet from Musk from about a year ago, in which he pledged to „eat a happy meal on tv if McDonald’s accepts Dogecoin.“ DogeDesigner asked Musk if the deal was still open, to which Musk replied with the „100%“ emoji, indicating his agreement to a potential collaboration between McDonald’s and Dogecoin.

The surge in views and engagement regarding a potential McDonald’s-Dogecoin collaboration have also caused an upswing in the price of DOGE, with it experiencing an increase of 6.42% over the last seven days, according to data by Messari. At the time of writing, the price of Dogecoin is at $0.085 USD, seemingly unaffected by the speculations of a potential partnership.

The conversation between McDonald’s, Elon Musk, and Dogecoin is ongoing, and the success of a potential partnership remains to be seen. However, it is clear that the combination of the fast-food giant and the cryptocurrency have garnered immense interest from the public, and it would be an interesting move to observe in the coming months.

• Blocknative CEO Matt Cutler was featured at 0xpo Crossroads in San Francisco on November 3rd.
• The Crypties 2022 awards gala was sponsored by Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.
• Tezos co-founder Kathleen Breitman was featured at Web Summit in Lisbon, and Slow Ventures, Volt Capital, Conviction, and AngelBlock were featured at 0xpo Summit in San Francisco.

Blocknative, a blockchain technology company, recently featured their CEO Matt Cutler at 0xpo Crossroads in San Francisco on November 3rd. This event was a great opportunity for Cutler to tell his Web3 origin story and explain Blocknative’s business—plus misconceptions in the crypto space.

Later in December 2022, Decrypt Studios hosted the inaugural Crypties awards gala at Art Basel in Miami. The event was hosted by Josh Ostrovsky („The Fat Jewish“) and had a range of crypto projects as presenters. The sponsors for the evening included Polygon, Filecoin Foundation, Lamina1, Async, BeetsDAO, The Gold Mask, Gem Set, Breakout, Anonymous, Infinite Objects, Ape Water, Decentralized Pictures, and Vault 721.

In January 2023, Tezos co-founder Kathleen Breitman was featured at Web Summit in Lisbon, where she discussed the Tezos blockchain and its proof-of-stake mechanism. She also expressed her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt’s Stephen Graves.

Finally, in December of 2022, Slow Ventures, Volt Capital, Conviction, and AngelBlock were featured at 0xpo Summit in San Francisco. During this extensive panel, Decrypt’s Jason Nelson discussed the concept of raising venture money even during Crypto Winter with Clay Robbins of Slow Ventures, Soona Amhaz of Volt Capital, Sarah Guo of Conviction and formerly Greylock, and Alex Strzesniewski of AngelBlock.

Overall, it was an eventful few months with Blocknative, Crypties, Tezos, and Slow Ventures all making appearances. It was great to see the different aspects of the crypto space on display and to hear from those who are leading the way.