Day: September 22, 2022

Zephyr Changes the Crypto Predictions Market – Are You In? – Sponsored Bitcoin News

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sponsored Crypto winter pulled the rug out of crypto investments in 2022. Zephyr is a game changer offering users to profit up to x24 on any market with 30% fewer risks! Ready? Explore Zephyr – The Next-Gen Crypto Prediction Market Platform Zephyr is a Tier-1 gamified guess space that emerged on the crypto prediction scene in 2022. The platform revolutionised trading and governance approaches within the Futarchy paradigm, where prediction markets test crypto price beliefs to gauge the likely success or failure. The project enables users to convert their beliefs…

Coinbase Completed $100M Transaction to Test Proprietary Trading: Report

Proprietary trading is when a firm engages in trading of stocks, bonds, currencies or commodities using its own money as opposed to that of its clients. Such activity is fraught with risk and the potential of conflicts of interest for the financial firm should its trades have an effect on the prices of those assets, which could in turn hurt its clients. Source 100MCoinbaseCompletedProprietaryReportTestTradingTransaction CryptoX Portal

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Regulated fintech in Bahrain enables crypto payments with Binance

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Cryptocurrency adoption continues growing in the Kingdom of Bahrain, with local companies enabling payments in crypto like Bitcoin (BTC). EazyPay, an online payment platform regulated by the Central Bank of Bahrain (CBB), has partnered with Binance Pay to enable crypto payments in the country, EazyPay CEO and founder Nayef Tawfiq Al Alawi announced on Wednesday. The newly launched crypto payment option will be available in more than 5,000 point-of-sale (POS) terminals and online payment gateway across Bahrain, the CEO said. Major local merchants and firms, including Lulu Hypermarket, Sharaf DG,…

Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance – News Bitcoin News

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Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what customers can do with them. Users will be able to sell or transfer the tokens to other travelers up to three days before the applicable flight, for example. Flybondi to Issue NFT Tickets More companies are including NFTs as part of their business models due to the perceived benefits and advantages they can bring. Flybondi, a low-cost Argentine…

Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve

In Custodia’s complaint, lawyers for the Wyoming-based bank argued that a master account was “vital to Custodia’s ability to operate effectively and efficiently,” and that the Fed’s continued waffling on the decision was detrimental to Custodia’s customers – and, furthermore, indicated a “black box bureaucratic process with no clear rules” that allowed it to “act in complete secrecy, whenever and however they choose.” Source

OpenSea implements a new protocol that ranks NFT rarity

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With thousands of nonfungible tokens (NFTs) getting minted every single day, trying to find rare pieces can be a challenge for NFT collectors. However, as the industry continues to progress, the hassles in finding rare NFTs may soon become a thing of the past.  In a tweet, NFT marketplace OpenSea announced the implementation of OpenRarity, a protocol that provides verifiable rarity calculations for NFTs within its platform. The protocol uses a transparent mathematical approach to calculating rarity. OpenSea said that rare NFTs will be awarded lower numbers like 1 or…