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…
Month: July 2022
Blockchain can make social media interoperable
While the critics cast doubts on some of blockchain’s use cases during the crypto winter, one of the most prominent community figures laid out some points that cement blockchain’s position as a disruptive technology. On Twitter, FTX crypto exchange CEO Sam Bankman-Fried highlighted use cases for blockchain and explained how some industries could benefit from integrating the tech. According to…
‘Like an Esport’: How OpenSea Secured Its Code With Code4rena’s Audit Contest
Traditional security audits just don’t cut it for smart contracts. “The stakes are too high,” said Sockdrawermoney, one of many contributors building a decentralized auditing platform called Code4rena. The DAO has pioneered a new model designed by Scott Lewis and Zak Cole, where auditors compete to keep bugs out of live code. And that’s vital for the smart contracts that…
Bitcoin per transaction cost goes down every four years, coincidence?
Diving deep into the thirteen-year-old Bitcoin (BTC) ecosystem makes one come across interesting patterns powered organically by investor sentiment and market conditions. With BTC’s per transaction cost coming down to $56.846 on July 14, the ecosystem unveiled a cycle wherein the per transaction costs invariably fall every four years. The cost per Bitcoin transaction is calculated by dividing miners’ revenue…
Crypto Market Back Above $1 Trillion as Bitcoin, Ethereum Rebound
After weeks of frustration for investors, Bitcoin (BTC) soared to a monthly high of $22,430 on Monday morning, bringing some minor relief to what has been a dramatic crash in prices of late. Although the leading cryptocurrency has cooled somewhat at the time of writing, trading at $22,280, Bitcoin is still up 3.6% over the past 24 hours and almost…
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…
India needs global collaboration to decide on crypto's future, says finance minister
Indian finance minister reiterated RBI’s stance on the crypto market, claiming it’s driven by speculation. Source: https://cointelegraph.com/news/india-needs-global-collaboration-to-decide-on-crypto-s-future-says-finance-minister
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…
Coinbase secures Crypto Asset Service Provider approval in Italy 🇮🇹 | by Coinbase | Jul, 2022
Coinbase secures Crypto Asset Service Provider approval in Italy 🇮🇹 Tl;Dr: By meeting the regulatory requirements, Coinbase will continue to offer crypto services in Italy, and has a clear path to bring new products and features to market in the country. By Nana Murugesan, Vice President, International and Business Development As discussed in our recent blog post, Coinbase is committed…
BTC miners ‘finally capitulating’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week nearing key resistance as the shock of the latest United States inflation data passes — can the strength continue? The July 17 weekly close may have been practically identical to the last, but BTC/USD is showing some much needed strength prior to the July 18 Wall Street open. Last week was a testing time…