So

Dexsport: Offering a transparent decentralized betting platform

The Internet, as we know it, provides us with a range of tools: we can interact with other users, create and share our own content, and even earn money in different fields. At the first glance, everything here is promising but, in fact, a knowing eye can quickly notice existing security issues as well as censorship and centralization. When all data is stored on a server that is controlled by a third party, it can be hacked and user information can be used in many undesirable ways. These are the

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated in the funding round include Maven 11, Scalar Capital, and Kleiner Perkins. The company, which was founded by Stephen Young in February 2020, already acts as a marketplace where users can get a cryptocurrency loan

Aquaris AMA Session With BeInCrypto

Hi Everyone! Welcome to another BeInCrypto AMA Session.Sponsored Sponsored Today we have Andrei (@Andrei_AQUARIS) and Alex (@AlexAQUARIS). They are respectively co-founder and COO of Aquaris.  For the uninitiated, Aquaris is a platform that aims to modernize and optimize the fish product industry using blockchain technology.Sponsored Sponsored BeInCrypto (BIC): Here is how things will work. I’ll have 10 questions for them. After that, they will pick up 5 out of all the questions you asked before the session. Good luck to you all!(This AMA session has been edited for clarity.) BIC:

Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”

Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already signaled their interest in introducing NFT elements to their games. Phil Spencer Not Immediately Supportive of NFTs Phil Spencer, responsible for the Xbox program at Microsoft and one of the most recognized executives in the

Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”

Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest developers and publishers in the gaming industry have already signaled their interest in introducing NFT elements to their games. Phil Spencer Not Immediately Supportive of NFTs Phil Spencer, responsible for the Xbox program at Microsoft and one of the most recognized executives in the

Commonwealth Bank CEO Warns About The Biggest Risk of Crypto, Its Not What You Think

Matt Comyn, the CEO of Commonwealth Bank of Australia in a recent interview with Bloomberg revealed what he believes is the biggest risk with crypto today. Comyn said, given the rise of digital assets as the alternative investment sector, the biggest risk of crypto is “missing out.” He explained, even though the crypto market is relatively volatile, banks must work towards incorporating the tech to fulfil consumer demand. Failing to do so will leave banks out of the market completely. Comyn said, “We see risks in participating, but we see

Can Crypto Destabilize Nations? Hillary Clinton believes so

The ex-Democratic presidential candidate against Trump, Hillary Clinton, recently picked a rather conservative stance about crypto, levying the industry as a threat to global economic stability. She spoke remotely at the Bloomberg New Economy Forum on Friday in Singapore, highlighting exclusive challenges that global governments are currently dealing with, including disinformation and artificial intelligence. Furthermore, Clinton put special emphasis on cryptocurrencies under these categories, claiming that they hold the potential to destabilize entire nations. According to Clinton, the decentralized market may take over entire economies, by starting small but gradually

Crypto Investor News for 11/17

Staples Center to be Renamed Crypto.com Arena (BBC): The tipping point has arrived. Investor takeaway: Expect everyone you know to suddenly become interested in crypto investing. We’ve gone mainstream. How India is Regulating Crypto (Economic Times): India will ban crypto for payments, ban crypto advertising, and allow crypto as investments. Investor takeaway: Overall positive news for us, as it gives a government stamp of approval on crypto investing. Thank you to India for taking the lead on thoughtful regulation. ConsenSys is Now Worth $3.2 Billion (ConsenSys): Celebrating its latest funding

Trailerblazer ABEY bags accolade

The AIBC Europe 2021 Blockchain Solution of the Year award was won by ABEY. ABEYCHAIN and ABEY ecosystem, a leading player in the emerging blockchain sector, established a victory in Malta on November 17, 2021. ABEY was announced the winner of the Blockchain Solution of the year award at the 5th edition of the AIBC Europe 2021 awards that was held in Malta on November 16th, 2021. Salient facts about ABEY  ABEY and its blockchain, ABEYCHAIN are one of the fastest-growing blockchain solutions in the world. AIBC Europe 2021 Awards

The Future is Near: The First-Ever Sports Team Starts Paying Salaries in Bitcoin

Nov 18, 2021 at 11:00 // News A professional baseball team from Australia, Perth Heat, announced on November 17 that they will remunerate their players and employees using bitcoin. To introduce the new financial system, the club has already hired a chief Bitcoin officer and partnered with a cryptocurrency platform. The flagship coin is also adopted as a means of payment for sponsorships, fan merchandise, etc. According to the ABC news outlet, players will be able to choose the means of payment they want. Switching to Bitcoin will not be

Ethereum-based real-time banking tool Sablier expands to Polygon, Binance Smart Chain

Sablier, an Ethereum protocol for real-time banking, announced the launch of its infrastructure on Polygon and Binance Smart Chain Wednesday, with the goal of improving efficiency and lowering fees. Sablier may now be used for streaming payroll, payments, and subscriptions by a larger user base thanks to the deployments throughout these chains. Gas fees slashed by thousands of percent When compared to Ethereum gas expenses, the Sablier launch on Polygon is expected to save customers 676,750%, while the Sablier deployment on Binance Smart Chain would save users more than 12,000%.