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It's Christmas Week, Geckos!

According to Instagram CEO Adam Mosseri, the social media company is "actively exploring" the NFT market.

Mosseri believes it's an exciting space to "play" and a method to support creators.

The CEO's remarks come after a year in which the social media platform has already begun to dabble in the NFT space.

In today's news, Chinese tech companies rush for metaverse trademarks, FTX US partners with four Washington DC sports teams, and Binance Labs leads a $60M seed round in Multichain.

Read on!

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Another EVM chain is here! Supported by Crypto.com, Cronos is a part of Crypto.com's ecosystem of products that happen to be EVM compatible.

Come join us as we explore the chain, and discover the products it has on offer!

No Metaverse, But…

More than a thousand Chinese enterprises have applied for metaverse-related trademarks.

These firms disregard the PBOC's November warnings against the metaverse and NFTs.

The majority of the companies that registered for trademark registrations are tech companies, which include Huawei and Hisense.

Cointelegraph

FTX Wants More Sports Partnerships

Monumental Sports and Entertainment announced that FTX US would be the official crypto partner of four major Washington, D.C.-based professional sports teams.

The four teams are the Washington Capitals hockey team, Washington Wizards men's basketball team, Washington Mystics women's basketball team, and Capital City Go-Go basketball team.

The teams' future token releases will be exclusive to FTX US' NFT platform.

Cointelegraph

Multichain Secures $60M Seed

Binance Labs, the incubation arm of the crypto exchange, led a $60 million seed investment in Multichain, formerly Anyswap (ANY).

The cross-chain protocol has over 300,000 users with a $4.8 billion total value locked.

The funding will be used to expand Multichain's ecosystem and team, specifically on crypto algorithms, security, and customer service.

CoinDesk

Bybit Launchpool: 3,900,000 RunNode (RUN) Prize Pool Up for Grabs

RUN is now live on Bybit Launchpool. It is the native token of RunNode and token holders will receive a percentage of the fees generated from RunNode's staking and developer API services.

Want to get your hands on a slice of the RUN prize pool? It's simple:

1. Stake BIT or USDT to share a 2,500,000 RUN or 1,000,000 RUN prize pool respectively.
2. Share or study to share 100K RUN tokens.

RUN the party at our Launchpool.

Grab a Slice of the Prize Pool Now!

This week we speak to Joseph Pallant, founder of Blockchain for Climate Foundation about blockchain and the carbon market, the foundation's work so far, and its plan to put the Paris Agreement on the blockchain.

You can check us out on our Podcast or Youtube.

Mining Pool

Combination of resources of several miners to obtain a higher mining power and thus achieve greater rewards for the opening of blocks. There are some that are public and there are some that are private.

Learn about other Crypto terms here