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March 28, 2022

Stephen Curry, Shaquille O’Neal Take Home Oscar for ‘Queen of Basketball’

Last night’s Oscar programming was an eventful time for all of those able to stay up for the entirety of Hollywood’s biggest night. Sports made their mark throughout the evening, as athletes peppered the audience (Venus and Serena Williams) and showed up as presenters (Kelly Slater, Tony Hawk, and Shaun White). In the pre-show events, the New York Times film “Queen of Basketball,” which documents the life and legacy of Lucy Harris, took home the statue for Best Documentary Short. Steph Curry and Shaquille O’Neal are among the film’s executive producers. As he accepted the award, director Ben Proudfoot utilized the moment to encourage people to support women’s sports and to plead, “President Biden, bring Brittney Griner home.”

Bitcoin Surges as Market Cap Reaches $2.1T

It’s been a tumultuous year for cryptocurrency. Following the freeze of the “crypto winter” earlier this year, the value of cryptocurrencies everywhere have been volatile. However, things appear on a general upswing, as Bitcoin eclipsed $47,000 once again, climbing close to its quarterly high of $47,730 where it began 2022. Similarly, Ethereum is also back on the up-and-up, which has it valued over $3,300. Overall, the crypto market cap has jumped beyond $2.1 trillion.

Jacob & Co. Launches Out of This World NFT Collection

For years, Jacob the Jeweler has been the go-to jeweler for the influential tastemakers of sports and entertainment. And now, Jacob & Co. is taking its talents to the metaverse with the new “Astronomia Metaverso” collection. The jeweler has teamed up with NFT marketplace UNXD for the limited collection of digital collectibles and one-of-a-kind watches based on the planets. In total, there will be eight designs rooted in each of the planets, and there will be varied availability of both the physical and digital representations. The NFTs will also unlock exclusive in-person and virtual events.

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WWE and Fanatics Team up for Extended Partnership

The renaissance of the WWE has arrived. After logging $1 billion in revenue for the first time, the wrestling organization’s stock continues to surge, up 22% this quarter. Now, the Connecticut-based brand has linked with Fanatics for a multi-year, wide-ranging deal that will span NFTs, collectibles, merchandise, and more. The financial details of the partnership are not available at this time.

Binance Re-ups Investment in Metaverse Gaming Company Ultiverse

Binance is doubling down on its visions for the future. After co-leading a fundraising round for the metaverse gaming company Ultiverse, the cryptocurrency exchange invested an additional $5 million, bring its total investment near $10 million. The second round was led by DeFiance Capital, Three Arrows Capital, and SkyVision Capital. The follow-along investment will allow Binance to “have a some sort of say” in the gaming company’s future, according to Binance Labs chief, Nicole Zhang. 

Max Verstappen Takes Home Saudi Arabian GP Title

The Formula 1 season is off to a spectacular start. Max Verstappen raced to the top spot on Sunday, as he took home the title at the Saudi Arabian GP. Oracle’s Red Bull Racing team leader made good on his massive off-season contract, securing his first win of the young racing season. He was followed by Ferrari’s Charles Leclerc and Carlos Sainz Jr., rounding out the top three. Mercedes’ Lewis Hamilton placed a disappointing 10th after a dismal qualifying performance. 

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