πŸš€ That checkmate looks rare...β™ŸοΈ

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    πŸš€ That checkmate looks rare...β™ŸοΈ

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    How's your week so far, Geckos?

     

    The NYCCoin, a community-led initiative endorsed by New York City Mayor-elect Eric Adams, is slated to be launched on November 11.

     

    The NY-centric cryptocurrency will be deployed by CityCoins, the same firm behind MiamiCoin (MIA) that was launched a few months ago.

     

    Adams replied to the initiative earlier today, tweeting: "We're glad to welcome you to the global home of Web3! We're counting on tech and innovation to help drive our city forward."

     

    In today's news, Apple CEO reveals that he owns crypto, International Chess Federation launches an NFT marketplace, and WOO Network raises $30M in Series A.

     

    Read on!

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    Apple Inc. CEO Tim Cook revealed on Tuesday that he owns cryptocurrency.

     

    Cook made the remarks during an interview with the New York Times' DealBook at the Online Summit event, adding that it's "reasonable to own it as part of a diversified portfolio."

     

    He did, however, dismiss any notion that Apple may use bitcoin as a treasury investment, stating, "I don't think people buy Apple stock to get exposure to crypto."

     

    TheBlockCrypto

    Are Chess 'Moments' The Next NBA Top Shot?

     

    FIDE, the International Chess Federation, has revealed plans for a nonfungible token (NFT) marketplace called ChessNFT.

     

    The marketplace will be operational at the end of November, making FIDE the first global sports organization to develop its NFT ecosystem.

     

    FIDE intends to "welcome a new crypto demographic" by gamifying iconic match moments, unique collectibles, and chess-related art.

     

    Cointelegraph

    WOO Wows With $30M Series A

     

    WOO Network (WOO), a cryptocurrency exchange, has secured a $30 million Series A round of investment from a group of investors that includes Three Arrows Capital.

     

    The exchange describes itself as a "deep liquidity network," aiming to link traders, centralized exchanges, institutions, and decentralized finance (DeFi) platforms by providing "best-in-class liquidity."

     

    WOO Network stated that the funds would be utilized to establish a research and development office in Warsaw, Poland, and for staffing and product development.

     

    CoinDesk

     

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