Bitcoin is up slightly at $42,243
Ethereum is up slightly at $3,225
and Binance Coin up .5% at $475

Secret Network, up 20%

Brazil’s Rio De Janeiro is moving to allocate 1% of its treasury reserves to BTC

Short traders lose big on Elon Musk's Tesla taking Dogecoin for merch.

Crypto Exchange FTX sets up $2B fund

Gap is dropping a NFT collection on the Tezos blockchain

Visa and ConsenSys developing new infrastructure to support the rollout of CBDCs

Links:

• Gap Launches Gamified Collectible NFT Experience to Activate Community, Creativity and Self-Expressi | Gap Inc.
• Rio de Janeiro mayor plans to invest 1% of the city's treasury in bitcoin
• Crypto Exchange FTX Sets Up $2 Billion Venture Fund - WSJ
• Dogecoin Surge Sees Short Traders Lose $8M After Tesla Store Addition
• Envisioning a future of central bank digital currencies for everyone ever | Visa

Bitcoin is down slightly at $42,279
Ethereum is down 1% at $3,222
and Binance Coin is down 1% at $452

Secret network, up 15%
Frax share up 16%

US Congress gears up for oversight hearing into crypto mining’s effect on the environment.

Tennis Australia is bringing the Australian Open to Decentraland

Samsung brings flagship 837 store to Decentraland

New York Department of Financial Services hires deputy superintendent for crypto.

Links:

• Australian Open serves up its own NFTs and moves into the Decentraland metaverse - Stockhead
• Perter Marton LinkedIn
• Samsung enters the metaverse, opening flagship 837 store in Decentraland
• US Congress to Hold Oversight Hearing on Crypto Mining: Report