Day: May 19, 2022

What is Sorare and how to play it?

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Sorare is where fantasy soccer and cryptocurrency meet. For soccer fans, this is a way to be competitive off the field and invest heavily right away. Users can play the game online in their browser or download the Sorare app. In this article, you will read all about what exactly Sorare is and how it works. What is Sorare? Sorare is a blockchain-based fantasy soccer game adored by many soccer fans worldwide. The founders of the platform want to give fans the opportunity to develop and play the game, even…

Nomura’s Digital Division to Focus on Cryptocurrencies First, DeFi Later

“To start with, I would say the top 10 cryptocurrencies by market capitalization we will be looking at opportunistically for market making and client services,” Mohideen said in an interview. “Then basically, we’ll go down further the market cap chain to see the opportunity based on institutional demand. So, also looking at DeFi protocols, if these get launched in our own launch pads, we will look to make markets there as well.” Source

U.S. Mining Stocks Drop Values Despite Hashrate Increasing

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The Cambridge Center for Alternative Finance, a financial research institute affiliated with Cambridge University, has found that the Bitcoin hashrate was up by 4% in August from the previous year, from 35% to 39%. But, still, the mining stocks have seen declines in the last month, with Bitcoin prices going down. The concluded figure involves BTC.com, Via BTC, and Pooling data. Cryptocurrency mining involves verifying and broadcasting the transactions on the relative blockchain ledger. It is a computationally-intensive process that opens doors for validators (who validate transactions) to earn rewards.…

Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks

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Bitcoin (BTC) stayed $1,000 lower on May 19 after a grim trading session on Wall Street the day before put pay to further upside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Musk blasts ESG “scam” after S&P 500 exit Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $29,000 at the time of writing, having bounced at $28,600 on Bitstamp. The pair had declined in step with United States equities, with the S&P 500 particularly in focus as it set its largest intraday decline since June 2020. Drama over Tesla,…

South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion

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Terraform Labs and co-founder Do Kwon continue to attract more legal trouble in the wake of the collapse of the Terra ecosystem. After early reports of a possible congressional hearing and an investigation from Grim Reapers financial crimes unit, the crypto firm has now come under the radar of the national tax agency. According to a report published in Naver news, South Korea’s national tax agency has slapped the Terraform Labs and its co-founder with a $78 million, or 100 billion won, penalty for tax evasion charges. The report highlighted that the…

แนวปฏิบัติการใช้เทคโนโลยีบล็อกเชน (Blockchain) ในการให้บริการทางการเงิน

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io แนวปฏิบัติการใช้เทคโนโลยี Blockchain ในการให้บริการทางการเงิน เพื่อให้ผู้ให้บริการทางการเงินภายใต้การกำกับดูแลของแบงก์ชาติ ใช้เป็นแนวทางในการนำเทคโนโลยี Blockchain ไปใช้ให้เกิดประโยชน์อย่างแท้จริงกับลูกค้าผู้ใช้บริการ และองค์กรธุรกิจต่าง ๆ ซึ่งจะช่วยสร้างความเชื่อมั่นและความปลอดภัยแก่ประชาชนผู้ใช้บริการทางการเงินในโลกการเงินยุคดิจิทัลในอนาคต ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Crypto Exchange Coinbase Slows Hiring Amid Market Downturn – Exchanges Bitcoin News

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Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move will allow the trading platform to match its hiring needs with its business goals. Coinbase to Reassess Headcount Needs, Focus on Integrating Recent Hires Cryptocurrency exchange Coinbase has announced a change in its staffing plans. After previously aiming to triple its size heading into this year, the company now feels it’s prudent to slow hiring and reassess its personnel needs…

Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data

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Singer Kiesza backs robot NFT to give prosthetic limbs to a young man and a dog

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In a positive twist for the nonfungible token (NFT) mania, Canadian singer Kiesza backs an NFT drop called MetaMoves in partnership with NFT marketplace Portion aiming to provide funds for patients who need prosthetics.  In an interview with Cointelegraph, Kiesza said that being someone who experienced an accident, the singer empathizes with those who face the challenges of losing a limb. She explained that: “Movements are at the core of everything we do, as we understand the central role they play in people’s identities. […] You can only imagine how…

Bitwise’s CIO talks ethereum’s rally potential and Twitter plans USDC payments: CNBC Crypto World

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Matt Hougan, CIO of Bitwise Investments, discusses the state of crypto markets and why Ethereum could outperform bitcoin in 2022. 00:00 – CNBC Crypto World, April 22, 2022 0:18 – Cryptocurrencies fall 1:36 – The headlines 3:07 – Matt Hougan of Bitwise…