HomeNewsElon Musk fires shots at Binance and other notable crypto events in the past week
Elon Musk fires shots at Binance and other notable crypto events in the past week

Elon Musk fires shots at Binance and other notable crypto events in the past week

The crypto space was filled with many key events in the past week. The first notable occurrence came on Tuesday after Dogecoin (DOGE) evangelist took to Twitter to represent the DOGE community after Binance suspended withdrawals for approximately two weeks. The exchange cited a technical error that came to be after an upgrade in the DOGE network on November 10.

Responding to the Tesla CEO, Changpeng Zhao, Binance’s CEO said, the exchange is sure the issue emanates from the new DOGE wallet. He added Binance is in talks with developers to solve the issue.

CZ went on to blast Musk for implying something was shady with Binance, reminding him that the National Highway Traffic Safety Administration (NHTSA) said around 12,000 Tesla vehicles sold in the US were subject to a safety recall.

Realizing he picked a fight against Binance without ample ammunition, Musk criticized Binance’s registration process, saying it is complicated. He noted that he does not use Binance because its signup process is lengthy and complex. Musk added that he only brought up the issue in advocacy for the DOGE community that uses Binance.

Mr. Goxx passes away

Mr. Goxx, the crypto trading hamster, passed away on November 24. The hamster was the pet of a lecturer who wanted to demonstrate the randomness of crypto trading. To achieve this, the lecturer created an adjoining trading desk next to Mr. Goxx’s wheel. The desk comprised two tunnels labeled buy and sell.

The professor labeled the wheel’s rungs with the names of 30 digital assets. When Mr. Goxx would finish his workout and pick a tunnel leading to his bed or food bowl, the professor would take readings on the rung that the hamster landed on and check the tunnel Mr. Goxx chose.

The lecturer announced the death of Mr. Goxx through the hamster’s Twitter handle, saying,

We feared this day like no other and are truly shocked for it to happen just now. In deep sorrow, we have to announce the loss of our beloved furry friend.

Adidas inks a partnership with Coinbase

Leading sportswear manufacturer Adidas announced that it had joined hands with Coinbase on November 24. Adidas said the partnership was probably nothing. However, the deal is likely metaverse-related, seeing as the sportswear brand owns some digital land in The Sandbox, an open-world blockchain game.

Neither Adidas nor Coinbase revealed more details about the partnership. However, NFT projects Bored Ape Yacht Club and PUNKS Comics hinted at partnerships with Adidas after announcing its collaboration with Coinbase. Reportedly, the above NFT projects tweeted pictures of NFT characters donning Adidas clothing.

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Snoop Dogg drops his NFT project

Rapper Snoop Dogg, who has proven to be an ardent NFT collector, announced the launch of his NFT project dubbed DECENTRAL EYES DOGG on Friday. The NFT is a one-of-one piece that Snoop Dogg worked on with crypto artist Coldie. DECENTRAL EYES DOGG’s auction will be on SuperRare and Art Basel.

In more Hip Hop-related NFT news, British artist Damien Hirst announced an NFT collection inspired by Drake’s latest album, Certified Lover Boy. The collection of 10,000 NFTs is titled Great Expectations. Hirst disclosed that he intends to airdrop the NFTs to people that purchased pieces in his previous collection, The Currency.

Jinia Shawdagor

Jinia Shawdagor

Jinia is a fintech writer based in Sweden. With years of experience, she has written about cryptocurrency and blockchain for renowned publications such as Cointelegraph, Bitcoinist, Invezz, etc. She loves gardening, traveling, and extracting joy and happiness from the little things in life.