Day: May 18, 2022

Exploiting sports fans through NFTs won’t lead to a W

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In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. Die-hard sports fans first got a taste of how digital assets could become the next sports memorabilia phenomenon back in June 2020, with the launch of Dapper Labs’ NBA Top Shot Moments nonfungible token (NFT) collection. Since then, the pro sports industry has actively capitalized on the NFT craze. That’s not at all a…

A16z Launches First Gaming Fund With $600M Commitment

The company said its fund, Games Company ONE, is “founded on the belief that games will play a pivotal role in defining how we socialize, play, and work over the next century.” It added that in the long term, it believes gaming infrastructure and technologies will be important building blocks of the Metaverse, an opportunity it says could be much bigger than the current $300 million game industry itself. Source

3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout – Bitcoin News

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Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow the project’s fallout last week as the blockchain’s native crypto assets dropped significantly in value. Linkedin Profiles Show 3 Legal Counsel Members Ended Their Relationship With Terraform Labs in May 2022 The crypto community is once again throwing the spotlight on the Terra blockchain fiasco, as the project’s in-house legal team…

How to SHORT Bitcoin and Crypto on Kucoin Exchange | Cryptocurrency Margin Trading Guide

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Learn how to Short Trade Bitcoin and any other cryptocurrency on Kucoin Exchange. In this video I will show you step by step process to enter short positions. Shorting is a great way to profit when the crypto market is going down (Bear Market). 👉FREE Webclass ⤵️ The SIMPLE Method I Used to turn $4,944 into $300,000 by Trading Cryptocurrencies from my PHONE in my SPARE TIME ↙️ ✅ 🎁FREE Crypto Trading Courses⤵️ ⭐Join my New Discord Group ⬇️ 🔥 Get My…

Aave launches open-source platform for social networking DApps on Polygon

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Aave (AAVE) has announced a new project called the Lens Protocol that focuses on helping developers build social networking decentralized applications (DApps) on the Polygon blockchain.  Apart from social media DApps, the liquidity market protocol creators aim to use nonfungible token (NFT) technology along with Lens’ open-source blockchain tech to allow developers to create marketplaces, recommendation algorithms and other applications. According to Aave, this will allow users to completely own their own data and give creators new monetization opportunities. Lens Protocol allows users to have a single Lens profile that…

Crypto Market More Oversold Than Black Thursday

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Panic struck the crypto market last week when Bitcoin broke below support, stablecoins unpegged from the dollar, and LUNA dropped to zero. The bloody aftermath has left cryptocurrencies as a whole more oversold than the Black Thursday COVID collapse. Here is a closer look at the historically oversold conditions in crypto. Total Crypto Market More Oversold Than Black Thursday It was a bloodbath in Bitcoin, apocalypse in altcoins. Even stablecoins pegged to the price of the almighty dollar were completely shaken. A nefarious actor or group of actors strategically attacked…

Two credit card firms in Israel to let cardholders buy Bitcoin

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Financial companies in Israel are increasingly moving into cryptocurrencies like Bitcoin (BTC), with two competing credit card firms working on BTC investment and cashback features. Two Israel-based credit card companies, Max and Isracard, have inked partnerships with crypto-related platforms in order to allow cardholders to purchase Bitcoin, the local news agency Calcalist reported on Tuesday. Max announced a collaboration with the local crypto broker Bits of Gold to launch a crypto-enabled card called MaxBack Crypto. According to Max’s official website, the card will offer cashback opportunities in BTC as well…

BTC Below $30,000 Again as Crypto Consolidation Extends    – Market Updates Bitcoin News

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Bitcoin prices dropped during the hump-day session, as bulls were unable to maintain Tuesday’s gains. The world’s largest cryptocurrency once again fell below the $30,000 level, whilst ETH also moved lower. Bitcoin Following a slight rally in price during Tuesday’s session, bearish sentiment returned to markets on Wednesday. This sentiment saw BTC/USD drop to a bottom of $29,570.30, less than 24 hours after trading at a peak of $30,694.49. Wednesday’s low sees a continuation of price consolidation, as traders continued to navigate through the current volatility within markets. BTC/USD –…