Why Did Crypto.com Back Out of a $495M Champions League Deal?

Earlier this year, it was reported that Crypto.com was working on a half-a-billion sponsorship deal with UEFA, and now it seems that the deal has fallen through The post Why Did Crypto.com Back Out of a $495M Champions League Deal? appeared first on NFT News Today.

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UFC Announces Mega Sponsorship Deal With Crypto.com Exchange Worth $175 Million

Leading mixed martial arts organization, Ultimate Fighting Championship (UFC), has signed a multi-million dollar deal with crypto exchange Crypto. com. The deal is worth $175 million and is expected to last for more than 10 years.

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IRS Asks Simple “Yes or No” Question to Deal With Crypto Tax Evaders

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DeFi Jest Token FEW Flies Over the Heads of Community

What was intended to be a joke by one of the crypto and DeFi community’s prominent members has turned sour, attracting a great deal of backlash on social media. By its decentralized nature, the Uniswap DEX allows any token to be listed, which often includes fake replications of existing tokens, scams, Ponzis, and in this […] The post DeFi Jest Token FEW Flies Over the Heads of Community appeared first on BeInCrypto.

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Scalable Solutions and Lumi Wallet Team Up In White-Label Software Deal

Multi-currency crypto wallet provider Lumi Wallet and white-label digital asset exchange provider Scalable Solutions inked a deal that will usher in the launch of a new Lumi White Label wallet in October.

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Why the First US Crypto Bank Is a Big Deal

Kraken became the first crypto exchange to win a U.S. banking license this week. Here’s why that matters.

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GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion

California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination of cash and shares in the transaction.

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Crypto Sports Betting Website Sportsbet.io Signs 3-Year Betting Deal with Arsenal FC

Crypto-first betting website sportsbet. io has finalized an official betting deal with Premier League football club Arsenal FC. The deal which is to last for an initial period of 3 years will bring an exclusive reward experience to both Arsenal’s fans and all users of sportsbet.

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StormGain Signs Long-Term Partnership with Serie A’s SS Lazio

Cryptocurrency trading platform StormGain is proud to announce a multi-year deal to become the Official Crypto Trading Partner of SS Lazio. The sponsorship aligns two partners who pride themselves on combining tradition with innovation to achieve success.

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Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO

After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX.

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Another Red Day Across Markets: Hot Money Flows Out of DeFi & OI Sinks

After opening the day higher, bitcoin, gold, S&P 500, and Nasdaq are dropping further. Meanwhile, the US dollar is 1. 3% in the past four days. Crypto markets are looking weak after losing a great deal of value Thursday, but of course, not as much as some of the tech stocks did.

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Limited Time Deal: Save $1,000 on Press Releases on Bitcoin.com, NewsBTC & Bitcoinist with Bitcoin PR Buzz this September

Bitcoin Press Release: Bitcoin PR Buzz celebrates the rising market by launching a limited time $1,000 discount on press releases on Bitcoin. com, NewsBTC and Bitcoinist.     September 3rd, 2020, Tbilisi, Georgia – The industry’s first dedicated blockchain and crypto press release and marketing firm in the world, Bitcoin PR Buzz is now rolling out a […] The post Limited Time Deal: Save $1,000 on Press Releases on Bitcoin.

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A legal asset after all? Governments are cashing in on seized crypto

The way law enforcement agencies deal with seized crypto could indicate their de-facto acceptance of the asset class.

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Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence

Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto, and stock, both companies detailed.

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FTX Acquires Popular Portfolio App Blockfolio

Crypto derivatives exchange FTX has acquired Blockfolio, a popular portfolio tracking app, for $150 million in one of the largest acquisitions of the year. The exchange company shared the news on twitter, and CEO Sam Bankman-Fried expressed his thoughts over the deal and the company’s future plans.

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FTX Crypto Exchange Buys Popular Blockfolio App for $150 Million

FTX has acquired Blockfolio for $150 million. The deal will likely see the fast-growing exchange add millions of users to its platform.

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Riot Blockchain Buys 8,000 of Bitmain’s Latest Bitcoin Miners, Company Targets 1.5 EH/s by 2021

Bitmain Technologies Inc. said Monday that Nasdaq-listed Riot Blockchain is buying 8,000 of its Antminer S19 Pro bitcoin miners in a deal worth $17. 7 million. In a blog post, the Chinese crypto mining hardware maker stated that the machines will be delivered in batches of 2,000 over four straight months starting January 2021.

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What’s the Deal With Yam Finance?

Is the rebasing project a useful economic experiment? Some of the crypto A-list says it’s just another scam.

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South Korea’s Largest Bank Unveils Bitcoin Custody Services

KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with the Korean Intellectual Property Office.

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Deal Flow - July 2020

Welcome to Deal Flow, a monthly report on investment in the blockchain space. Deal Flow provides a comprehensive listing of new capital raises, mergers and acquisitions, ICOs, IEOs, and STOs. The report identifies industry trends and follows the money with expert analysis and commentary - providing essential market intelligence for professional crypto investors.

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Kazakhstan May Tax Crypto Mining At a Flat-Rate of 15%

Kazakhstan’s Ministry of the Economy wants to tax crypto mining in an effort to deal with the COVID-19 pandemic.

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Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities

A number of crypto businesses and non-profits have written to the main banking regulator in the U.S. asking for banks to have more authorization to deal with crypto.

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Mati Greenspan’s Quantum Economics has partnered with major Indian crypto media group CoinGape

Major India crypto media group, CoinGape, has today announced its partnership with Mati Greenspan’s Quantum Economics. It is seen as a big deal for the CoinGape readers, especially since Greenspan is dubbed as an experienced trader, analyst, investor, and also a top-notch portfolio manager.

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IRS Enlists Coinbase in Latest Crypto Tracing Deal

The tax collector has agreed to pay Coinbase up to $237,000 over the next two years for its "Analytics" tracing software.

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Why PayPal’s Upcoming Crypto Service is a Big Deal

Recently, rumors that PayPal is looking to begin offering cryptocurrency direct-sales began making headlines after insiders from the company, in addition to recent job postings looking for blockchain experts highlighted its renewed interest in cryptocurrencies.

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Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%

Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able to hold above their 50-day […] The post Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85% appeared first on Bitcoin News.

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Binance Acquires Visa-Licensed Crypto Debit Card Platform Swipe In Bid To Bridge Crypto With Fiat

Today, the largest crypto exchange, Binance, announced that it has completed the acquisition of Swipe, crypto wallet app, and Visa-licensed debit card provider. The deal will see the two companies working together to boost the global adoption of cryptocurrencies by making it easy for end-users to make payments or purchases in digital assets via traditional […]

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Despite Covid-19 Negativity, Crypto Prediction Markets Say Trump Wins the 2020 Election

According to a number of crypto prediction markets and futures, Trump will still win the election in 123 days, but his chances have lessened a great deal. No matter who wins, however, the large sums of money flowing into these wager platforms indicate that people love to bet on election outcomes.

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Kraken Exchange Onboards Swiss Bank InCore to Help Euro Clients Buy Crypto With Fiat

Swiss Bank InCore has just become the first banking institution in the nation to provide banking services to Kraken crypto exchange. The deal, which was made public on Friday, will allow Kraken clients to finance their trading accounts using four different currencies – British pound, Swiss franc, Canadian Dollar, as well as the euro. InCore […]

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Deal Flow - June 2020

Welcome to Deal Flow, a monthly report on investment in the blockchain space. Deal Flow provides a comprehensive listing of new capital raises, mergers and acquisitions, ICOs, IEOs, and STOs. The report identifies industry trends and follows the money with expert analysis and commentary - providing essential market intelligence for professional crypto investors.

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Cardano’s Emurgo And Travala Bookings Platform Team Up To Boost Real-World ADA Adoption

Cardano’s commercial blockchain arm Emurgo has partnered with Travala, a website that lets its customers pay for hotel stays with crypto. The deal will see travelers around the world easily book for hotel and travel accommodation using ADA.

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Binance Exchange to Acquire Major Stake In Crypto Payments Provider, Swipe.io: Report

A report from TheBlock reveals that top crypto exchange, Binance is in talks to acquire a majority of the stake in Swipe.io – a crypto payments startup. While the agreement has yet to be made official, the exchange looks to push through the deal, intending to launch the main version of its Binance Card, a […]

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Anti-Bitcoiner Joe Weisenthal Mocks Crypto as Zimbabwe Shuts Down Its Stock Exchange

Major Bitcoin critic Joe Weisenthal trolls XRP as Zimbabweans have to deal with the authorities shutting down the local stock exchange and mobile cash transfers

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‘Social Money’ Startup Inks Deal With Rapper Ja Rule, Releases Song With Lil B

Ja Rule has inked a deal with Roll, an Ethereum-based protocol that allows content creators to control their own platforms using personal crypto tokens.

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Quench Your Thirst in Australia, New Zealand by Paying with Bitcoin at Coca-Cola Vending Machines

dentCoca-Cola consumers in Australia and New Zealand can now acquire their soft drinks with cryptocurrency through specific vending machines. A report by The Australian Financial Review recently highlighted that a deal between Asia-Pacific Coca-Cola distributor, Amatil, and Centrapay would see over 1200 point-of-sales accept Bitcoin and ERC-20 tokens.

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Bull Flag Forming On Bitcoin Dominance Could Deal Crushing Blow to Altcoins

Browsing through crypto Twitter or any Bitcoin or cryptocurrency-related subreddit, lately, there’s been talk of an altcoin season brewing right under the noses of crypto investors everywhere. However, a bull flag forming on BTC dominance could not only keep an alt season from occurring, but it could also deal altcoins a crushing blow and bring...

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Samsung and the Gemini Crypto Exchange Partner Up: The first deal of its kind in the US

Samsung and Gemini’s partnership will make it easier for over 4 million users to buy Bitcoin throughout North America. Gemini, founded by Cameron and Tyler Winklevoss, has announced a partnership with South Korea’s electronics giant, Samsung.

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Ripple CTO David Schwartz Mocks Joe Rogan Exclusive Spotify Deal

Famous podcast host Joe Rogan's decision to move his show from YouTube to Spotify has caught the attention of the crypto community familiar with Google's content policy

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Genesis Capital to Become the ‘Goldman Sachs’ of Crypto with Vo1t Acquisition

New York-based cryptocurrency firm Genesis Capital announced on Thursday that it has acquired Vo1t for an undisclosed amount. With this deal, Genesis is moving to become a prime brokerage and join the likes of Fidelity Digital Assets, BitGo, and Tagomi.

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Shopify Adds CoinPayments Support to Bring Crypto Payments to Millions of Merchants

A deal has been struck between the world’s largest crypto payment processor and a major e-commerce platform — another step towards widespread adoption? Shopify, a Canadian-based e-commerce platform, has added cryptocurrency as a payment method for sellers on the platform, making the announcement in a press statement, potentially growing Shopify’s customer base.

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Bitcoin Futures Exchange Bakkt Ramps Up Crypto Custody Insurance Coverage

Bakkt — the Intercontinental Exchange (ICE)-owned Bitcoin futures platform — has inked a partnership deal with Marsh to provide $500 million in crypto custody insurance coverage. Writing in the company’s blog on Monday, Bakkt President Adam White announced the collaboration with insurance broker Marsh to provide $500 million in coverage to crypto custody clients.

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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose.

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20 Blockchain Surveillance Firms Monitor Crypto Networks, But Some Apps Show Inaccuracies

During the last few years, blockchain surveillance has increased a great deal and in the early days around 2013-14, there were only a handful of firms. Now there are more than 20 blockchain analysis companies that monitor addresses, transactions, and making sure addresses are AML/CFT compliant as well.

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Coinbase CEO Brian Armstrong Calls Reddit's Tokenization Effort 'Huge Deal' for Crypto

Coinbase CEO Brian Armstrong says that Reddit’s ‘community points’ feature could represent a new tokenization model

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Bitwala introduces Bitcoin Account with 4.3% Interest

Digital crypto bank Bitwala and crypto lender Celsius Network have partnered in a deal that will see bank account holders earn interest for hodling their BTC Bitwala, which created the world’s first crypto bank account in 2018, has announced a new product that allows account holders to receive interest payouts on their Bitcoin (BTC) assets […] The post Bitwala introduces Bitcoin Account with 4.3% Interest appeared first on Coinjournal.

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Deal Flow - April 2020

Welcome to Deal Flow, a monthly report on investment in the blockchain space. Deal Flow provides a comprehensive listing of new capital raises, mergers and acquisitions, ICOs, IEOs, and STOs. The report identifies industry trends and follows the money with expert analysis and commentary - providing essential market intelligence for professional crypto investors.

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Here’s why JPMorgan banking for crypto exchanges is a big deal for Bitcoin

News broke today that banking giant JPMorgan would be extending banking services to two of the world’s most prominent crypto exchanges. This is significant news considering that the bank’s CEO previously called Bitcoin a “fraud.

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Abra receives US$5M in Investment from The Stellar Development Foundation

Abra, one of the very early global crypto investment apps designed for the future of finance, has received a US$5M investment from The Stellar Development Foundation (SDF). The deal will facilitate a blockchain integration, and soon bring an array of new products to the Stellar network.

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Crypto Firms Establish Messaging Standard to Deal With FATF Travel Rule

The standard defines a uniform model for data that must be exchanged by crypto firms alongside transactions.

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