Argentina’s economic restrictions have reached the sports industry, with the first signing of a local football player with cryptocurrencies hitting national headlines. The transfer of midfielder Giuliano Galoppo from Banfield’s Athletic Club to Sao Paulo Futebol Clube was made in USD Coin (USDC), exceeding $6 million and up to $8 million depending on the volatile
Month: July 2022
Bitcoin (BTC) may already be beginning its new macro uptrend if historical “hodl” habits repeat. That was the conclusion from research into the latest data covering the amount of the BTC supply dormant for one year or more as of July 2022. Hodled BTC hints that the bear market is over According to independent analyst
Ethereum’s proof-of-work (PoW) powered by GPUs generated approximately $19 billion in revenue last year for ETH miners. But these revenue streams are in danger as Ethereum is expected to become a proof-of-stake (PoS) blockchain via “the Merge” upgrade in September. Miners could then revolt against the new upgrade by continuing to mine on the old Ethereum
On Friday, FZE, a subsidiary of crypto exchange FTX, was awarded Dubai’s first Minimal Viable Product (MVP) license, allowing full operation of the exchange in the region. Dubai’s Virtual Asset Regulatory Authority (VARA) issued the operating license to FZE under the MVP program, which according to Helal Saeed Almarri, the director general of Dubai WTC
Uniswap (UNI) looks ready to post its best monthly performance in more than a year as it rallied approximately 80% in July, but signs of an extended pullback in the near term are emerging. Uniswap price nearly doubles in July UNI’s price is having one of its best months ever, reaching nearly $9 on July
What are the biggest games coming in August 2022? Deep Silver is set to release the reboot of its revered Saints Row franchise across PC and consoles. Also, Spider-Man fans will now finally be able to play as the web-slinger on PC, with the upcoming release of Marvel’s Spider-Man Remastered. F1 Manager 2022 and Madden
Brazilian prosecutors on Friday called on messaging platform WhatsApp to delay the launch in Brazil of its new feature called Communities until January to avoid the spread of fake news during and immediately after the country’s election in October. The federal prosecutors said the expanded reach of the new tool comes “at a time when
In this article INTC Intel stock closed down 8% on Friday, a day after the company reported disappointing second-quarter earnings that missed on the top and bottom lines. Intel’s revenue declined 22% year over year and missed consensus by 14%, the company’s largest top-line disappointment since 1999, according to Refinitiv data. It ended the quarter
Redmi 10A Sport was launched in India on Thursday. Now, it is being speculated that Xiaomi could be lining up another Redmi-branded smartphone in the country. A reliable tipster seemingly spotted the Redmi 10 2022 handset listed on the Xiaomi India site. The supposed listing does not reveal any specifications of this model. The Chinese
The 5G spectrum auction in India signals the advent of next-generation network connectivity services for smartphones and Internet connected devices. In preparation for the arrival of 5G services in India, manufacturers have been working on 5G-capable products and aiming them at customers looking to tap into the advantages promised by 5G connectivity. Gadgets 360 interviewed Madhav Sheth,
Indonesia has blocked search engine website Yahoo, payments firm Paypal, and several gaming websites due to failure to comply with licensing rules, an official said on Saturday, sparking a backlash on social media. Registration is required under rules released in late November 2020 and will give authorities broad powers to compel platforms to disclose data
A threat actor operating with interests aligned with North Korea has been deploying a malicious extension on Chromium-based web browsers that’s capable of stealing email content from Gmail and AOL. Cybersecurity firm Volexity attributed the malware to an activity cluster it calls SharpTongue, which is said to share overlaps with an adversarial collective publicly referred
Bitcoin (BTC) saw fresh volatility after July’s final Wall Street open as highs north of $24,000 remained solid resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Resistance strikes BTC at $24,000 Data from Cointelegraph Markets Pro and TradingView reflected bulls’ continuing struggle as BTC/USD lurched around the $24,000 mark on July 29. The pair had attempted
The past six-odd months have been nothing short of a financial soap opera for the cryptocurrency market, with more drama seemingly unfolding every other day. To this point, since the start of May, a growing number of major crypto entities have been tumbling like dominoes, with the trend likely to continue in the near term.
The United States Federal Deposit Insurance Corporation, or FDIC, has issued an advisory informing the public it “does not insure assets issued by non-bank entities, such as crypto companies.” In a Friday notice, the FDIC advised banks in the U.S. that they needed to assess and manage risks in third-party relationships with crypto firms. The
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the agency plans to regulate crypto exchanges. “I’ve asked our staff to work directly with the platforms to get them registered and regulated,” the SEC chief revealed. SEC Chairman Gary Gensler’s Video About Regulating Crypto Exchanges U.S.
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