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Tether boosts its stake in Juventus to 10%! Peaky Blinders is going Web3! The hit TV show is set to become a blockchain-based game in 2026.
Recent developments in the cryptocurrency market are noteworthy and significant. Tether has increased its investment in Juventus Football Club, signaling its entry into the traditional sports industry. Additionally, the growing influence of blockchain technology in the entertainment sector is reflected in the gaming industry, exemplified by the transition of "Peaky Blinders" into a Web3 game.
In South Korea, cryptocurrency exchanges are responding to market volatility by suspending deposits for Synthetix due to concerns over the stability of its associated stablecoin. These actions highlight the expanding integration of cryptocurrencies across various sectors and their impact on both the digital landscape and the traditional economy.
Tether strengthened its investment in Juventus Football Club by increasing its ownership position to 10.12% of the club's total issued share capital. Tether’s involvement in the sports sector continues to expand, as announced on April 24. Through its recent investment, Tether now holds more than 10% of Juventus Football Club shares, including 6.18% of voting rights within the Italian football giant. The company followed its previous acquisition of 8.2% of shares by extending its control in football through this recent purchase.
CEO of Tether, Paolo Ardoino, stated that the investment demonstrates ongoing collaboration and dedication, alongside its financial value. He explained how Juventus can integrate sports performance technology with modern solutions, which would transform fan involvement and digital platforms. Tether targets these business opportunities to support the club in achieving financial stability while expanding its international presence.
The popular TV series Peaky Blinders is set to receive a blockchain adaptation in the form of a video game, with a 2026 release date as its target. The game developers, Anonymous Labs, joined forces with Banijay Rights to produce this title, which they unveiled on April 24. The Shelby family universe will become accessible through interactive gameplay and intensive scenes that loyal Peaky Blinders fans can experience.
Players will access tokenised in-game currency through the game, which enables them to acquire and exchange assets during gameplay. Through their alliance with Anonymous Labs and Banijay Rights, the gaming world explores Web3 by providing innovative opportunities for fans to experience global intellectual properties (IPs). The blockchain projects at Anonymous Labs have proven successful, particularly with Simon’s Cat meme coin, while establishing their credibility within the industry.
South Korean cryptocurrency exchanges Upbit and Bithumb suspended Synthetix (SNX) deposit services after DAXA issued warning notices. The DAXA regulatory body classified SNX as a cautionary asset, forcing Upbit and Bithumb to suspend SNX deposits for their users.
The value of sUSD experienced a substantial depegging event on April 10 as prices declined to $0.83 before reaching another low point at $0.68 on April 18. Market instability has triggered increased attention from major regional exchanges, which are conducting closer examinations. In a released statement, Upbit expressed worries about SNX serving as security for sUSD because this created substantial risks for investors. The two exchanges have issued a warning that they may remove SNX from their platforms if the root causes of the problems remain unresolved.
