Category: Latest news
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Riot Games to terminate FTX sponsorship due to “reputational harm”
[ad_1] North America (NA) League of Legends Championship Series, LLC (Riot) has made a filing in the FTX bankruptcy case requesting that the court either “compel FTX to reject the Agreement” or allow Riot to terminate the Strategic Sponsorship Agreement it has with FTX. According to Riot, the Agreement, signed on Aug. 21, 2021, is…
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Sporting metaverse at $80B inflection point as World Cup ends
[ad_1] As the World Cup in Qatar comes to a close, a report from Web3 Studios revealed exciting insights into the sporting metaverse industry, which it claims is “at an inflection point.” It indicated the potential for the industry to hit $80 billion in size by 2030. The report included contributors from Animoca Brands, FaceIt,…
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What should FCA consider in UK’s crypto hub race?
[ad_1] The UK’s financial regulator, the Financial Conduct Authority (FCA), has been continuously facing criticism from British lawmakers and the crypto industry members for their stand on strict regulations and, therefore, seemingly a utopian desire to become a crypto hub in the next few years. For instance, one major claim against FCA entails the slow…
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Mining in the wake of the ‘Merge’ & cost of Living crisis w/ChumpchangeXD – GotGh Podcst #1
[ad_1] Highlights The state of cryptocurrency mining following a recent event called the “merge” The effect of the merge on mining profitability The rise in electric rates for miners The potential for heating your home with crypto miners The host’s experience with mining and selling his cryptocurrency for an HDMI cable. Overview In the podcast…
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Web3 — sense and nonsense
[ad_1] As with any narrative, the Web3 narrative serves certain stakeholders and is in turn, fueled by them to serve their interests. On one side, it is the venture capitalists facile exhortation at a euphemism for the term that K Street does not favor (“crypto”); on another side it is a half-hearted attempt by the…
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How Ethereum is gradually becoming a store of value
[ad_1] Ethereum (ETH) might be gradually turning into a store of value based on the volume of the digital asset being held by long-term investors, CryptoSlate’s analysis of Glassnode data revealed. With Ethereum down by more than 70% from its all-time high during the current market cycle, one would think that investors would massively dump…
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How to choose a data provider for your web3 project?
[ad_1] Beyond cryptocurrency tokens, the blockchain also enables analysts to get a clearer picture of practically any GameFi project, NFT, marketplace, or DeFi protocol, thanks to Footprint. At Footprint, we’ve created a methodology that compiles and meaningfully aggregates the raw blockchain data. And this applies to programming integrations. 1 . Ways to work with the…
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Analysis of on-chain stablecoin data reveals decline in USDT dominance
[ad_1] In 2019, Tether (USDT) had a global stablecoin dominance of 89%, but it has since fallen to just under 50%, according to on-chain data provided by Glassnode — analyzed by CryptoSlate. Throughout 2020 and 2021, other stablecoins like USD Coin (USDC) and Binance USD (BUSD) began to rise, with USDC reaching 33% dominance and…
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Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’
[ad_1] Risk is off the table Risk, leverage, and speculation could be considered the keywords for 2021 as excess cash from covid stimulus entered the stock market and crypto ecosystem. Many traditional financial assets have since returned to their pre-covid levels, such as Ark Innovation ETF, public equities such as Coinbase, and Bitcoin mining stocks…
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What’s in Senator Warren’s new Digital Assets Anti-Money Laundering Bill?
[ad_1] Senators Elizabeth Warren and Roger Marshall have proposed a bill on Dec. 14 to curb money laundering and terrorist and rogue nation financing via cryptocurrency. The bill, referred to as the Digital Asset Anti-Money Laundering Act, also seeks to “mitigate the risks that cryptocurrency and other digital assets pose to the United States’s national…