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Day: July 26, 2022
Is Crypto Sports Betting Ready for the Big Leagues?
When it launched in March 2018, SX Bet (formerly named SportX), a peer-to-peer betting exchange, was built on Ethereum, the second-largest blockchain. With activity during the “DeFi summer” of 2020 driving up gas costs on Ethereum, SX had to pause the addition of new betting markets. It then moved to Polygon, a parallel network to Ethereum where the fees were lower. But Polygon fees started to creep up, too, so in May 2021 the SX and Polygon teams teamed up to build a blockchain just for the sports exchange, with…
Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters – Bitcoin News
Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile game studio Viker. The two companies have enhanced three classic video games with Zebedee’s bitcoin reward mechanics which include “Solitaire,” “Sudoku,” and the game “Missing Letters.” Bitcoin Rewards to Enhance 3 Classic Mobile Video Games The Square Enix-backed company Zebedee has been making a number of announcements in recent times and last week, the firm announced it raised $35 million…
Uncertainty around French laws prompted F1 racers to remove crypto branding: Report
Spectators could not see Crypto.com’s logos during Formula One’s French Grand Prix, while staff from Alfa Romeo, AlphaTauri and Alpine reportedly removed crypto-related branding. Many Formula 1 international racing teams reportedly removed or covered branding and logos from crypto-related sponsors in response to uncertainty around France’s advertising regulations. According to a Tuesday report from RacingNews365, Crypto.com’s logos were not on display during the French Grand Prix on Sunday — the crypto exchange has been a global partner with the racing series starting in July 2021. The team behind the Alpine…
Sports Picked up the Web3 Ball. Now It’s Ready to Run
Tokenized contracts, multi-signature wallets and traceable, searchable records bring transparency to athlete compensation and to individual or team revenue streams. Merchandise, licensing deals, TV syndication, streaming, parking income and concessions – all can be reflected with extreme granularity for all parties involved. This is Web3-driven transactional efficiency at scale. Source
Biggie Smalls’ Estate Goes Crypto with Music License NFTs
“Once we closed the deal, I think we all felt this weight. Like wow, we’re doing this with Biggie,” James told CoinDesk in an interview. “We needed to make sure that we would respect his legacy, and I think we felt a responsibility to do it in the most authentic and real way possible.” Source
Bitcoin’s ‘Kimchi Premium’ Under Scrutiny by S. Korean Authorities in Connection With Illegal Remittances
Summary: South Korean authorities have launched a probe into the Bitcoin ‘Kimchi Premium.’ The investigations cite that the Kimchi Premium was used to make profits that were transferred abroad through illegal remittances. Authorities in South Korea have launched investigations into the famous Bitcoin ‘Kimchi’ premium. According to local reports, the Seoul Central District Prosecutor’s Office has launched a new probe into the Kimchi Premium’s connection with illegal foreign remittances worth over 2 trillion Korean Won, or approximately $1.5 billion. The investigations claim that the money illegally sent abroad constitutes profits…
Ether y solana lideran pérdidas mientras analistas predicen caídas más grandes tras decisión de la Fed
“Las señales de fondo de bitcoin continuaron esta semana, pero no surgió una señal clara de compra y la situación macroeconómica aún domina”, dijo Martin Hiesboeck, jefe de investigación cripto en Uphold, una plataforma de trading. Dijo que un pico de 75 puntos básicos por parte de la Reserva Federal de los Estados Unidos (Fed) es más probable que un aumento de 100 puntos básicos, pero que no se espera un gran declive en la volatilidad para ninguno de los dos casos. “El repunte de la semana pasada, aunque mostró…
MXC UPDATE: Bitcoin Mining is LIVE + Step by Step Guide! | Crypto Gossip
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io An important MXC update with PERMANENT Bitcoin mining going live! Watch this video for a step by step guide to get started mining Bitcoin, and get a read on early results from the first 24 hours! MXC Bitcoin Mining Guide: Referral Link to Purchase a MatchX M2 Pro (get 50 Euros discount with this link): Join the Crypto Gossip Discord via Patreon! As a member you’ll get access to a private Discord, early access to news/updates, exclusive content, and regular giveaways! Links…
SOL Slips to 12-Day Low, as NEAR Drops by Nearly 12% on Tuesday – Market Updates Bitcoin News
Solana fell for a second consecutive session on Tuesday, pushing the token to its lowest level in twelve days. The move comes as sentiment in crypto markets turned bearish ahead of tomorrow’s FOMC meeting. Near protocol was also lower, dropping by as much as 12% today. Solana (SOL) Solana (SOL) was in the red for the second day running, as prices moved closer to a key support level. On Tuesday, SOL/USD slipped to an intraday low of $35.28, which is the lowest level that the token has traded since July…