“The Bundesliga is one of the best leagues in the world, home to some of the most exciting clubs and footballers on Earth,” Nicolas Julia, CEO of Sorare, said in a press release. “We are very proud to partner with them to launch our first NFT Moments.” Source
Investors in Evolved Apes, a recently launched “pfp” — short for profile picture — nonfungible token (NFT) are grappling with the disappearance of the project’s anonymous developer. Going by the moniker “Evil Ape,” the developer has allegedly lived up to the name by vanishing with 798 Ether (ETH) worth over $2.7 million from the project’s coffers. The reportedly stolen funds covered both the money realized from the initial minting process and the ETH traded in the secondary sale of the NFTs on the OpenSea marketplace. Indeed, Evolved Apes had been…
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Bitcoin (BTC) should see a “large” price increase thanks to a rare bullish phenomenon that has just hit for the first time in seven years. In his latest update on Bitcoin’s relative strength index (RSI), popular Twitter analyst TechDev flagged major similarities between this year and the 2013 BTC bull run. Stochastic RSI sees “especially bullish cross” As Bitcoin heads higher, RSI has rapidly increased and is currently cooling from “overbought” territory suggestive of a temporary — even if modest — price pullback. Zooming out, however, stochastic RSI is in the…
It is crucial to gain a competitive advantage in the world for crypto and blockchain. AstroSwap achieves that goal by exerting its first-mover prowess for a launchpad/DEX partnership. Through this effort, projects and developers can access a seamless route from development to trading on Cardano. The Rise Of Cardano and ADAPad These past few months have been rather interesting for the Cardano ecosystem. The introduction of staking and smart contracts has given the ecosystem an injection of fresh enthusiasm and desire to build new applications, products, and services. Moreover, it…
As cryptocurrency adoption continues apace in the United States, lawmakers want to better understand how it’s used — for both legal and illegal purposes. The Ransom Disclosure Act, introduced by Senator Elizabeth Warren and Congresswoman Deborah Ross, would require victims of ransomware attacks to disclose information about ransom payments to the Department of Homeland Security (DHS). The bill, introduced Oct. 5, aims to gather critical data on fiat and cryptocurrency payments and protect investors from cybercrimes. In an ongoing effort to curb illicit financial activities in the U.S., Sen. Warren’s…
Major Indian cryptocurrency exchange CoinSwitch Kuber is joining the unicorn club by raising $260 million in a Series C funding round. According to an official announcement on Oct. 6, the new funding has propelled CoinSwitch Kuber to the “very top” of Indian unicorns as the firm became “India’s most valued crypto company” at $1.91 billion. The funding round was led by Coinbase’s venture capital arm Coinbase Ventures and Andreessen Horowitz. Previous investors like Sequoia, Paradigm, Ribbit and Tiger Global have also participated in the round. Using the new funds, CoinSwitch…
The increase in premium “suggests that there is high demand among the CME traders to build long exposure in bitcoin at the moment,” Arcane Research’s weekly research note published Tuesday said. “The front-month contract on CME is by far the most frequently traded BTC futures contract on the exchange, and right now, bullish tendencies seem to be brewing on the institutional platform.” Source
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The exchange has set itself the goal of onboarding 50 million Indians with the launch of new crypto products and services such as lending and staking. Oct 6, 2021 at 8:14 a.m. UTC Updated Oct 6, 2021 at 8:14 a.m. UTC L to R: Vimal Sagar, co-founder & COO; Govind Soni, co-founder & CTO; Ashish Singhal, co-founder & CEO (CoinSwitch Kuber) Source