The UFC has been criticized in the past for the compensation allocated towards it’s talent, who put their all in on one of the most physically enduring sports on the planet. The league can look to counter critics this week, courtesy of their existing partnership with Crypto.com. In a new announcement today, the UFC has shared that it will distribute …
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Central bank digital currencies — digital currencies backed by a central bank — have received renewed interest with the United States President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets. Proponents of CBDCs argue that widespread adoption will promote financial inclusion, expand public access to safe money, improve the efficiency of payments and more.But their rationale remains …
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GameFi has an image problem – literally. If you look at the top games in the blockchain gaming space they provide a lot of variation in gameplay and tokenomics, but many share one central flaw: they just don’t look good. From the cutesy 2D monstrosities in Axie to the drab, dead-eyed, polygonal avatars of Decantraland, one clear image emerges: Graphics …
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The release of a much-awaited aging NFT avatar collection, “Novatar” was scheduled for April 4th. The collection of 25,000 baby avatars will be sold in 3 phases consisting of ten sales waves. Each wave will sell 1000 baby avatars. Every 1000 avatars will be 0.01 ETH more expensive. At the moment, the cost is 0.11 ETH. The first Phase starts …
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It was a busy, but mild week in sports and crypto engagement – with Socios and it’s subsidiary Chiliz dominating the headlines with major news. Meanwhile, NFTs continued to carry the dialogue as a new marketplace, RareMint, swiftly sold out of Lou Gehrig and Michael Jordan collections, and Fanatics signing a new deal with NFTs at the forefront. Every Sunday …
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Chen Li, the co-founder and CEO of Youbi Capital, a venture capital firm investing in blockchain technologies and disruptive decentralized applications. Chen Li is the co-founder …
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To reconstruct museums, theatres, and other cultural institutions devastated by Russia’s invasion in February, the Ukrainian government sold nonfungible tokens to generate more than $600,000. The Ukrainian MetaHistory NFT-Museum raised 190 Ether cryptocurrency tokens on its first day of sales by selling 1,282 items of art, the museum stated in an email. Using images of wreckage, damage, Ukrainian troops, blazing …
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An open-source, decentralised financial system called Ola Finance has been the victim of a re-entry assault that resulted in the loss of $3.6 million in cryptocurrency. As Ola Finance summarised the attack and revealed that the stolen protocol value was around $4.67M in ETH, BTC, and FUSE pricing. There were 216,964 USDC, 507,216 BUSD, 200,000 fUSD, 550.45 WETH, 26.25 WBTC, …
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Bitcoin has finally corrected downwards after being on a bull rally for the better part of this week. This is an expected development for a digital asset that has grown so much in such a short time. However, while some in the market lament this downtrend, it is important to look at what a correction like this might mean for …
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Ethereum is consolidating above the $3,320 support against the US Dollar. ETH price must clear $3,450 to start a fresh increase in the near term. Ethereum is holding gains above the $3,320 support zone. The price is now trading above $3,320 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $3,415 on …
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