Crypto

how crypto and esports are fueling each other’s boom

from pinnacle-dollar sponsorships to nfts, fan tokens, and tournaments for web3 video games, the industries are increasingly more intertwined. whilst cryptocurrency exchange ftx announced a 10-yr, $210 million sponsorship and naming rights settlement with main esports club group solomid (tsm) in june 2021, the towering terms sent shockwaves at some point of both the crypto and esports worlds. but it …

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south african financial institution authentic slammed for spreading incorrect information about crypto

the deputy governor of the south african reserve financial institution has been accused of selling misinformation surrounding the illicit use of cryptocurrencies. kuben naidoo has been referred to as out through steven sidley, a south african professor, and creator, for claiming that “90%” of crypto transactions are used for illicit functions. touting insider expertise from a colleague inside the u.s., …

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the merge: will ethereum dethrone bitcoin to emerge as the reigning crypto coin?

ever since information of the merge took the crypto international by hurricane, speculation has been rife if ethereum may want to overtake bitcoin, the arena’s largest crypto currently, and become the reigning crypto coin of the crypto global the thrill around the release of ethereum (eth) blockchain’s trendy software program replace, ethereum merge, appears to be death down, at present. …

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bits crypto increases $1.2m to facilitate slow investments in crypto

the round became led via hof capital, the company that formerly invested in moonpay, stripe and kraken. fintech startup bits crypto has raised $1.2 million in pre-seed funding to construct out its cellular crypto-funding application. the spherical changed into led via hof capital, the investor in such crypto businesses as moonpay, stripe and kraken, the employer stated tuesday. bits lets …

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document: barclays buying stake in crypto employer copper

barclays is reportedly buying a stake in crypto company copper, which counts former u.k. chancellor of the exchequer philip hammond as an investor. according to unnamed resources, the lender might be joining a copper investment round and investing a “few million” bucks, bloomberg suggested sunday (july 24). copper’s services encompass custody, high broker and agreement for institutional traders in crypto …

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in the crypto-bot ghost towns of telegram

amid the downturn, a lot of telegram’s crypto agencies have emerge as bots shilling to other bots. wave apart the cobwebs of the telegram institution “bitgo cryptocurrency trade” and you’ll discover a ghost city, populated through bots. once, bitgo cryptocurrency change (an unauthorized channel aimed to entice customers of the real and respectable crypto trade named bitgo, which didn’t reply …

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silvergate ceo sees greater near-term ache for crypto but nevertheless bullish on bitcoin lending

silvergate published strong second-region income, outperforming its crypto peers’ because of sturdy chance control. the endure market that’s hitting all corners of the digital property enterprise isn’t always over yet and could see a few more pain over the next few quarters, in line with crypto-focused financial institution silvergate capital (si). the crypto region may additionally still experience a few …

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regulators rush to turn out to be “crypto-pleasant”

blockchain-conscious regulations are proliferating global—balancing innovation in opposition to safety law may appear anathema to cryptocurrencies, whose complete raison d’être is to avoid the strength of governments and banks to control how humans use their money. but because the technology pushes into the mainstream, there’s a developing sense that new regulations are both necessary and even beneficial, leading to a …

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