13 NFL Teams Partner with Crypto Fan Influencer Socios

Thirteen National Football League teams are making arrangements with blockchain company Socios to boost fan engagement.  Shortly after the New England Patriots dabbled into crypto affairs, other NFL clubs took to similar pursuits. Thirteen clubs are lined up to enter a partnership deal with Socios. This includes the Los Angeles Chargers, Miami Dolphins, San Francisco 49ers, Tampa Bay Buccaneers, New York Giants, and others. In Europe, Socios has developed a reputation in sports as a fan token provider. Back in…

Elon Musk Backs Out From Joining Twitter’s Board

Tesla’s founder and CEO, Elon Musk, withdraws from joining Twitter’s board of directors. Parag Agrawal, Twitter’s CEO announced this in a tweet in the early hours of Monday, 11th April.  Elon has decided not to join our board. I sent a brief note to the company, sharing with you all here,” Agrawal tweeted.  Musk was offered a seat on the board a day after he disclosed a 9.2% stake in the company, which made him Twitter’s biggest shareholder. According to…

Pro-Crypto Candidate Narrowly Wins South Korean Election

Crypto investors in South Korea are breathing a sigh of relief, as a pro-crypto candidate won the crucial Presidential election. Election results show that the Conservative Party candidate Yoon Suk-yeol will become South Korea’s next President. In one of the closest elections in South Korean history, Yoon beat his opponent by less than one percentage point. As a former top prosecutor, Yoon promised to deregulate the crypto industry. His pro-crypto stance might have helped him win the election. Deregulating crypto was…

Learning the Difference Between Soft Cap and Hard Cap in Crypto

Before evaluating an ICO for a crypto project, all traders must consider many aspects. Today we will talk about two of the most noteworthy: hard and soft market capitalization. A hard cap is the maximum amount of money a company hopes to raise in an ICO. On the other hand, a soft cap is the least amount of funds creators need to launch their project. Our analysis will go beyond the mere definition and provide food for thought on the…

How Do Crypto Anti-Dumping Policies Work?

Scammers utilize social media platforms to impersonate celebrities or acquaintances to persuade victims to make fake investments. The rise of cryptocurrencies and the lack of regulations gave new tools to these criminals. We'll look at how the market is attempting to safeguard investors today. Crypto commentators frequently emphasize anti-dumping regulations as a deterrent to online fraudsters. What Are Pump and Dump Operations? Before dwelling on the concept of anti-dumping policies, we need to understand what is a “pump and dump”…

Ukraine’s Military Suppliers Accept Crypto

Ukraine is buying military supplies from weapon vendors accepting crypto as a means of payment.  Reports from a Ukrainian Senior officer reveal that several weapon dealers are willing to trade weapons in exchange for crypto.  Ukraine Buys Supplies with Crypto Donations Ukraine started a fundraiser in crypto to seek worldwide financial assistance, given the crises of Russia's invasion during February ending. The global community turned up in numbers to support the Russian neighbors and donations obtained from this end accumulated…

Understanding Layer 3 Blockchains

Scalability has become an even more pressing issue as the crypto sector experiences increased customer demand. Many of us have come across terms like “layer one” and “layer two” protocols in the blockchain world. Blockchains must be very secure due to the lack of a centralized authority. They must also be incredibly scalable to cope with growing users and transactions. Today we will learn more about layer three solutions, a technology aiming to provide scalability while maintaining top-notch security. A…

Brazil Makes Moves Towards Regulating Crypto Transactions

Brazil’s Senate’s Economic Affairs Committee (CAE) has released an official report stating that it has approved a bill endorsing the regulation of BTC and crypto markets across the South American nation. What does the Bill Entail? With this move, Brazil is steadily on the road to adopting cryptocurrency on a wider scale. The bill paves the way for residents of Brazil to invest in Bitcoin and other digital assets. It also facilitates their use in everyday transactions.  Effective regulation is…

Are Canadians Withdrawing Their Money from Banks?

Fears of account closure have pushed Canadian bank customers to withdraw account holdings and secure their funds in cash and other means. Cryptocurrencies remain a form of escape for Canadians who are not only funding protests with crypto but saving in them as well. In reaction to recent moves from the Canadian government, residents have opted to protect their finances by withdrawing existing bank balances. It began a week ago when the prime minister of Canada Justin Trudeau invoked the…

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