Day: February 12, 2020

This Astros Sign-Stealing Lawsuit Is Only the Beginning

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The Houston Astros have been found guilty of cheating baseball during the 2017 season. New York Yankees legend CC Sabathia says the Astros’ World Series title should be vacated. Former Blue Jays relief pitcher Mike Bolsinger is suing the organization amid claims that the illegal actions of the Astros negatively affected his career longevity. Once Major League Baseball concluded its investigation into the Astros with a guilty verdict, it was clear that there would be sweeping changes at the ball club. The organization fired its general manager and manager, while…

Cardano Stablecoin Will Surpass Ethereum’s DAI Says Founder, as ADA Surges 12%

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IOHK CEO, Charles Hoskinson took to Twitter to say he’s thinking about launching a stablecoin on the Cardano network. Which, he claims with confidence, will surpass DAI in terms of its level of trustlessness. If we do this, then it will blow everyone out of the water. I started in this space with stablecoins and we’ve been thinking about them for seven years https://t.co/t4FGxW7cLk — Charles Hoskinson (@IOHK_Charles) February 11, 2020 Is a Cardano Stablecoin On The Cards? Weiss Crypto Ratings recently sent tongues wagging with a tweet that let…

Top Australian Soccer Club Acquired By Token-Powered Fan Marketplace

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Australian A-League football team Perth Glory is being acquired by a fan-focused group that says it raised $70 million in a 2018 token offering. Announced Wednesday, London Football Exchange Group (LFE) said it has agreed a deal to acquire a majority stake in Perth Glory Football Club, subject to approval by the sport’s governing body, Football Federation Australia. As part of the deal, LFE’s recently appointed chairman, Tony Sage, who is also chairman of Perth Glory, will remain chief of the soccer club going forward. “There will be no significant…

Bernie Bros Seduce YangGang After Andrew Yang Drops Out

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Andrew Yang has dropped out of the race to become the Democratic Party’s presidential candidate. Bernie Sanders’ supporters have begun encouraging the YangGang to campaign for Sanders. But it’s unlikely Yang will endorse Sanders, who doesn’t support introducing a universal basic income. Andrew Yang has dropped out. After canvassing around 2.8% in the New Hampshire primaries, he has decided to pull out of the race to become the Democratic Party’s candidate for the 2020 presidential election. Naturally, his clique of supporters – known as the YangGang – are heartbroken. Many…

London Football Exchange to Acquire Australia’s Club Perth Glory FC

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Crypto startup The London Football Exchange (LFE), a financial, technology, media and entertainment group best known for its tokenized experiences for footie fans, has unveiled its latest signing. The UK-based company has enacted a deal to acquire a majority stake in the Australian A-League side Perth Glory FC. As a result of the agreement, LFE will introduce a new business model designed to turn Perth Glory into a global brand while providing fans with direct access and enhanced matchday experiences. Crypto tokens have been making inroads into the sports industry,…

Fresh ‘Project A’ Leak Confirms CS-Overwatch Love Child We All Deserve

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New details about Riot Games’ Project A shooter have surfaced online. Ex-pro and eSports commentator, Henry ‘HenryG’ Greer, shared his impressions after testing the game for a day. Project A borrows from the CS:GO formula, injecting it with character-based elements for a slick experience. Last October, League of Legends developer Riot Games unveiled a dizzying array of new projects in the works, among them, a competitive character-based tactical shooter code-named Project A. Four months on, ex-pro and CS:GO commentator, Henry ‘HenryG’ Greer, has offered fresh details courtesy of a day…

Bitcoin Hits $10,000 Once Again But Its Rally is Slowing Down

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Bitcoin reached its highest level this year on Wednesday after it breached above its psychological resistance of $10,000. But its rally is slowing down which may trigger an altcoin season. Bitcoin Goes Risk-on The benchmark cryptocurrency settled a fresh year-to-date high of circa $10,483, bringing its net yearly gains up by 46.91 percent. The move uphill came as investors pacified their nerves over the coronavirus epidemic that has killed more than 1,000 people and has infected about 44,000 more across the world. Mati Greenspan, a noted analyst and the founder…

CFTC’s Fintech Research Unit to Hold Office Hours for Innovators

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The United States Commodity Futures Trading Commission’s fintech lab will host office hours during New York Fintech Week. In April, the CFTC’s fintech research unit, LabCFTC, will host office hours during New York Fintech Week to engage with innovators in the field, according to a recently published announcement. LabCFTC’s objective is to promote market-enhancing fintech innovation and competition, as well as provide the CFTC with a better understanding of emerging technologies. The office hours will enable interested parties to participate in dedicated discussions and give a presentation to regulators.  LabCFTC…

Dow Futures Soar Because Trump’s Got 2020 Presidency Locked

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Dow Jones Industrial Average (DJIA) futures surged 120 points on Wednesday. Trump tightened his grip on re-election with a record-breaking victory in the New Hampshire primary last night. Historically, a strong economy and consumer confidence points to Trump’s victory in 2020. Dow Jones Industrial Average (DJIA) futures are getting a huge boost on Wednesday as Trump looks destined for re-election. Headlines out of New Hampshire are all focused on the Democrats this morning. But Trump quietly won the Republican primary with a record-breaking share of votes. With approximately 70% of…

US Military Contractor BAE Systems Wants to Hire ‘Cryptocurrency Exploiters’

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One of the world’s largest defense contractors is seeking “cryptocurrency exploiters” to support a client based in Washington, D.C. Advertised on LinkedIn, the Virginia-based arm of BAE Systems is searching for candidates who can “demonstrate proficiency in cryptocurrency” and can move to the U.S. capital to “support a client’s operational requirements.” Successful candidates will either have to be a certified bitcoin professional or expert (CBP/X) – industry-standard certifications – or have a “substantive understanding” of cryptocurrencies. That will include expertise in elliptic curve algorithms and zero-knowledge proofs, as well as…