Adidas Teasing Partnership with Coinbase
German sports apparel behemoth Adidas has announced a partnership with Coinbase, America's leading cryptocurrency exchange, on Twitter.
The crypto platform replied with the handshake emoji, seemingly confirming the deal.
In another tweet, Coinbase welcomed Adidas “to the party.”
While there are no details about the high-profile tie-up as of now, cryptocurrency enthusiasts were quick to speculate about it.
On Nov. 22, Adidas tweeted about developing “adiVerse,” a play on the term “metaverse,” together with The Sandbox, a blockchain-powered gaming platform. The tweet has bolstered the rally of the native SAND token that went ballistic after Facebook changed its name to Meta in late October.
Earlier this month, Nike filed to trademark various digital items in the U.S. In 2019, the company received a patent for “Cryptokicks,” a platform for selling non-fungible tokens that represent tokenized versions of physical shoes.
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Coinbase Pushes for Single Crypto Regulator
“It could be underneath one of the existing regulators. It doesn‘t have to be a completely new entity, but it’d be nice to consolidate it a bit and use that as a way to enable more innovation in this space,” Armstrong continued, emphasizing that having many regulators really harms startups in the space.
Coinbase to Support Bitcoin ETF Trading
The latest update in the Bitcoin ETF market saw raging speculations about the crypto exchange giant, Coinbase’s upcoming initiative to support Bitcoin ETF trading on its platform.
Coinbase Profits Drop 75% in Q3 Despite Dogecoin, SHIB Listings
Coinbase followed a record Q2 with $406 million in net income for July through September.
Coinbase CEO anticipates planned NFT marketplace more akin to Instagram than eBay
CFO Alesia Haas says Coinbase’s third quarter centered on lower volatility in the crypto market compared to the second quarter.
Retail Giant Newegg Unveils Shiba Inu Support on Massive Billboard: SHIB to Be Accepted for Payments
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