📈 Litecoin price jumps 20 percent

What happened?

Hey Waivly Crew! 🌊 SpaceX has launched four civilians into orbit on Inspiration4 flight. Fnatic has signed a $15 million partnership with cryptocurrency exchange Crypto.com


SpaceX successfully sends Inspiration4 crew into space

Earlier this week, SpaceX successfully launched its first-ever crewed mission to orbit, with only amateur astronauts on board.

Milestone for space tourism

Wednesday's launch marked one of the biggest steps taken for space tourism, as it is the first passenger flight for Elon Musk's aerospace company SpaceX and the first time a rocket has headed to space with no professional astronauts onboard.

Lift-off!

SpaceX’s Falcon 9 rocket lifted off at 8:02 PM ET from the company's 39A launchpad at NASA's Kennedy Space Centre. “It blows me away, honestly,” the SpaceX director, Benji Reed, said during the launch. “It gives me goosebumps even right now to talk about it.”

Plenty of fun

While in space, billionaire entrepreneur Jared Isaacman, Christopher Sembroski, a data engineer, Sian Proctor, a geoscientist, and Hayley Arceneaux, a physician assistant, and bone cancer survivor, will be doing more than just admiring the view. Proctor has brought along poetry and some personal art, and Sembroski will be playing a ukulele made by Martin Guitars, one of the missions sponsors.


Gogoro is going public

Gogoro has recently announced that they will be going public with their company by merging with a special purpose acquisition company (SPAC).

What is Gogoro?

Gogoro is a Taiwanese-based electric scooter maker founded in 2011 by former HTC executives Horace Luke and Matt Taylor. The startup company has been in stealth mode up until 2015 where they showcased a slick electric scooter powered by two swappable batteries during the 2015 Consumer Electronics Show, and ever since, Gogoro has been executing its vision.

What does the merger mean for Gogoro?

The deal between Poem Global Holdings and Gogoro is expected to be finalized in the first quarter of 2022. The merger will new Gogoro to around $550 million and is expected to be valued at more than $2.3 billion.

Major step for Gogoro

The deal is a major step for the company as they continue to rapidly expand their networks this year by partnering up with Hero MotorCorp, a major two-wheeler manufacturer in India as well as partnering with two local electric scooters players in China. Gogoro has continued to ramp up its expansion with its recent partnership with Taiwanese manufacturing giant, Foxconn who have recently been pushing into the electric vehicle market.


The Waves

🎮 IKEA’s ASUS ROG gaming collection comes to the UK and US this October

📷 GoPro Hero 10 Black unveiled with 5.3K video

👋 OpenSea’s product chief resigns over use of insider trading scandal

🚗 GM extends pause of Bolt EV production until later this year


Crypto Special

No, you cant spend your Litecoin at Walmart

A few days ago, one of the Litecoin Foundation's social media team retweeted a tweet claiming that Walmart was partnering with the coin for payments without knowing the news was a hoax.

Price jumped 20 percent

After the crypto space became aware of the news, which at the time everyone thought was legit, Litecoin's price spiked by as much as 20 percent, and even the GlobeNewswire published an illegitimate press release to add to the hype. Once everyone became aware it was all just a hoax, Litecoin's price fell back to its previous levels.

Litecoin creator messed up

"We try our best to not tweet fake news and this time we really screwed up, and we will try harder to not do that," Charlie Lee, Litecoin's creator told Bloomberg in an interview earlier this week. "The thing is with Litecoin, a decentralized cryptocurrency, anyone can really start supporting it and accepting it without talking to me or without going through the Litecoin Foundation."

Added to AMC's crypto adoption plans

Even though Litecoin had to deal with the Walmart situation this week, things are still going well for them. AMC Entertainment has announced it will accept more than just Bitcoin payments in its cinemas by the end of 2022 but will also include other digital currencies, including Litecoin, Ether, and Bitcoin Cash.

Crypto.com signs $15M partnership with Fnatic

Fnatic, a professional esports organization, has signed a multi-year partnership with Crypto.com for $15 million.

Big moves for Fnatic

Fnatic's partnership with the popular cryptocurrency exchange Crypto.com will last five years, through to 2026, the esports organization announced today. Crypto.com will allow crypto payment options for Fnatic fans, along with NFT projects and other experiences that "money can’t buy," according to Fnatic.

Global Cryptocurrency Partner

Over the past few months, Crypto.com has signed multiple deals with major sports teams such as Serie A, UFC, PSG, and NHL’s Montreal Canadiens, but this will be the first time Crypto.com has got involved with the esports community. Crypto.com will also be Fnatic's first “Global Cryptocurrency Partner”.

Not the first

It is not the first time esports have been seen together, as back in June, North American esports organization TSM signed a 10-year naming rights deal, valued at $210m, with centralized cryptocurrency exchange FTX.