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Day: July 18, 2022
Play-to-Earn Fantasy Sports Game, Ultimate Champions, Announces July 25th Launch Date for Its CHAMP Token – Press release Bitcoin News
press release PRESS RELEASE. Unagi is shifting the way sports fans interact with their favorite sports clubs through their innovative free-to-play and play-to-earn fantasy sports game: Ultimate Champions. Live since April 2022, the company has shaken the industry with several trailblazing successes including: Launching its fantasy football game with over 40 clubs, including the English Premier League powerhouse Arsenal FC Registering more than 20K active users in only 30 days Inking a pioneering deal with the EuroLeague, including 38 of the biggest basketball teams in Europe such as Real Madrid…
LDO Outperforms, MATIC Rises By 65% While Ethereum Gains Momentum
As markets responded to Shadow Fork 9’s announcement, ETH was back in the green. Ethereum is currently regaining ground and progressing due to the favorable market situation. At the same time, some other altcoins are doing well on the weekly chart, such as Polygon (MATIC) and Lido DAO (LDO), which have seen considerable price increases over the last week and in the previous 24 hours as well. Related Reading | TA: Bitcoin Price Eyes Fresh Increase To $22K, Why Dips Remain Supported Only a few of the top 100 cryptocurrencies have been…
Australian Central Bank Chief Believes Regulated Private Tokens Could be Better Than CBDCs: Report
Digital currencies focused on consumers and regulated could be better when privately issued rather than by central banks, according to Australian central bank governor. Source
Tesla’s bitcoin holdings could result in a $460 million hit for the car maker, Barclays says
Tesla ‘s bitcoin holdings could have taken a big bite out of the electric car maker’s upcoming earnings, according to Barclays. Analyst Brian Johnson said he expects Tesla to report an impairment of roughly $460 million due from bitcoin. Tesla is slated to post earnings Wednesday after the bell. “With Bitcoin ending the quarter at ~$19k (well below TSLA’s likely purchase price range of ~$32-33k), we expect TSLA to take an impairment charge in the quarter of ~$460mn or ~$0.40 per share,” Johnson said. Bitcoin prices have plummeted in recent…
Most Gamers Believe Metaverse Will Change the Gaming Industry Positively – Bitcoin News
A survey published by Globant, a software development firm, and Yougov, found that most gamers believe that metaverse will change the gaming industry in a positive way. The survey, which consulted the opinion of 1,000 PC, console, and mobile gamers, also found that most gamers are still uncomfortable with advertising on the metaverse and that non-fungible tokens (NFTs) are still uncommon for metaverse gamers. Metaverse Tech Might Change the Gaming Industry, Globant Survey Finds The sentiment of gamers toward metaverse tech and its influence on the future of…
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Binance fined $3M over illegal operations in the Netherlands
Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country. The central bank of the Netherlands (DNB) has fined Binance Holdings 3.3 million euros ($3.3 million) for offering local crypto services without registration with authority. The Dutch central bank officially announced Monday that the regulator imposed the administrative fine in April 2022. The DNB pointed out that any company offering crypto services in the Netherlands is obliged to register with the central bank in compliance with the Money…
Coinbase Secures Regulatory Approval in Italy
Cryptocurrency exchange Coinbase has secured approval from Italian regulators to continue serving customers in Italy. Source
India needs global collaboration to decide on crypto’s future, says finance minister
Indian finance minister Nirmala Sitharaman has called for global collaboration on cryptocurrencies, assessing their pros and cons to form a common standard and taxonomy. Addressing a question on cryptocurrency in the Lok Sabha, the lower house of the Indian parliament, Sitharaman said that the Indian central bank had advised the government to prohibit the use of cryptocurrencies as it poses a risk to financial stability. However, the government is looking for a global approach. She said: “Any legislation for regulation or banning can be effective only after significant international collaboration…