- The luxury fashion house Prada and the sportswear giant Adidas reported that they have teamed up to launch a new non-fungible token (NFT) project built on the Polygon network (MATIC). The project will bring together participants from the fashion, design, and crypto sectors to co-create a large-scale digital artwork inspired by Re-Nylon’s physical collection. Proceeds from NFT sales will be donated to charity and go to the artist and creators in the community.
- On January 27, Physical museum dedicated to NFTs to open in Seattle. The exhibition hall will put on display a number of artworks ranging from Larva Labs’ Cryptopunks series to Blake Kathryn and H+ Creative, among many others.
- the exchange Zonda announced that it has received regulatory approval to operate in Canada. While, Bybit announced that it will launch an NFT market this week.
- The Mayor from the city of New York, Eric Adams, confirmed that his first check as an official, who will arrive this Friday, will make him ETH the BTC, via Coinbase.
- Andrew Bailey, governor of the Bank of England, accused a Westminster committee of dismissing key arguments for the introduction of Britcoin, a digital version of the British pound backed by the UK central bank. Bailey said the Bank of England should consider issuing its own digital currency to prevent commercial entities, which plan to issue private digital currencies in the form of stablecoins, from taking over a key central bank monetary function.