It’s December, and we’re already getting into the Christmas spirit 🎄. The market didn’t smile with us last weekend, but it doesn’t matter – nothing can spoil the mood right now.
But, November didn’t want to leave us without a few shockers. And boy, they were huge 😱. Let’s run through some of them:
Jack of Many Trades 🐦
If you thought that last week was going to be one of those quiet ones, you’ve got another thing coming. On Monday, Jack Dorsey announced that he would step down from his role as Twitter’s CEO 🤯.
Jack’s exit was a bit of a shocker, but we can at least rest since Twitter’s new CEO, Parag Agrawal, is also a crypto fan. So, while we’ll miss those “Jack From Twitter” emails, at least we know that the company is in good hands.
Trouble in Metaland? 🤔
We all thought that the Twitter news would be a lot, then Meta (formerly Facebook) came and said, “Hold my beer.”
On Wednesday, David Marcus, Meta’s head of crypto, announced that he would also leave the company at the end of the year. Marcus has worked tirelessly to make sure that Meta’s cryptocurrency – called Diem – will launch successfully. But, that hasn’t happened yet. We’ll still keep our fingers crossed, though 🤞.
The Block is Hot 🔥
Speaking of Jack, here’s some big news from his other company – Square. On Wednesday, the payment processor announced that it would be changing its name to “Block.” Square is changing its name because the company wants to focus more on blockchain technology 👏.
Now, the Block family will include Square, Cash App, an upcoming crypto exchange called tbDEX, and the music streaming service Tidal. That’s quite a handful, isn’t it?
Battle of the Kicks 👟
Nike made big waves when it launched its dedicated metaverse. So, Adidas, Nike’s biggest competitor, did the same thing last week. Adidas has partnered with several non-fungible token (NFT) brands to launch its own metaverse. Unlike Nikeland, Adidas’ metaverse hasn’t launched yet. But, it should be live soon enough 😀.
Now, we sneakerheads will have another point in the “Nike vs. Adidas” argument. Are you a Nike person or an Adidas person??
Crypto 🤝 Forbes
Crypto is taking over everywhere, people. After the Collins Dictionary named “NFT” as its Word of the Year for 2021, we’ve got some sweet news from Forbes Magazine. Forbes published its 30 Under 30 list last week, and it featured 15 people in crypto 😋. The list was pretty diverse, featuring people who have used crypto and blockchain to disrupt their industries. Check out the link and see if you can recognize anyone.