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The most important crypto news of the last week

3 min read

 

Another exciting week in crypto space is coming to an end. The most important events around BTC and Co. at a glance.

BTC-ECHO is suing german TV star Sophia Thomalla

It-Girl Sophia Thomalla advertised a dubious crypto company and then complained that the media reported how dubious her advertising partner is. The daughter of actress Simone Thomalla then wanted to stop reporting with a cease-and-desist declaration.

BTC-ECHO has not issued the cease and desist letter and will continue to report when celebrities advertise shady companies. What does that mean for the it girl Thomalla? She will now have to answer in court for the cease and desist declaration against BTC-ECHO, because BTC-ECHO has sued her for encroaching on the freedom of the press.

Crypto.com as a FIFA sponsor

The FIFA World Cup 2022 in Qatar could be all about BTC and Co. The sponsorship deal was first announced by the Financial Times, citing inside sources. In the meantime, however, the crypto exchange is a sponsor of the mega event confirmed.

As a result, the crypto presence in the biggest sporting event of the year should continue to propel the sector towards the mainstream. Meanwhile, the Singapore stock exchange has its sights set on the sports sector and now has numerous partnerships with various clubs.

Bored Ape Yacht Club with its own Metaverse?

The company behind Bored Ape Yacht Club (BAYC), Yuga Labs on March 19 released the trailer of Othersidea new Metaverse project that brings together the eponymous Bored Apes with a variety of other popular NFT collections.

It was only on March 17th that BAYC went live with an Ethereum token called ApeCoin (APE). Thus, the new coin could act as a native token in the virtual world of monkeys and co.

Vitalik Buterin is worried about the future of crypto

The US Time Magazine put ETH founder Vitalik Buterin on its cover. In an 80-minute interview, the 28-year-old voiced his concerns about greed and swagger in the crypto space.

Buterin would like to play a more prominent role in shaping the future of crypto. “If we don’t raise our voice, then only products that promise immediate profit will be developed,” said the ETH founder in the interview.

Russia accepts BTC for oil and gas exports

During Putin’s war of aggression against Ukraine, Russia limited payments of oil and gas exports to “unfriendly countries” to the ruble. Pavel Zavalny, Chairman of the Energy Committee of the State Duma of the Russian Federation, has now announced that BTC will now also be accepted as a means of payment.

“Currencies can be different and that’s normal practice, you can also trade BTC,” Zavalny explained. The BTC price subsequently made a decent jump and surpassed the $44,000 mark.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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