Cryptocurrency exchange FTX staat op het punt naamgevingsrechten voor het stadion van Miami Heat veilig te stellen tot 2040.

FTX heeft een overeenkomst bereikt met Miami-Dade County over een 19-jarig partnerschap ter waarde van $ 135 miljoen, om het thuisstadion van Miami Heat de FTX Arena te noemen

De cryptocurrency-derivatenbeurs, ondersteund door Alameda Research , wordt het eerste lid van de crypto-industrie dat de naamgevingsrechten van de NBA veiligstelt, in afwachting van goedkeuring door de Miami-Dade County Board of County Commissioners op 26 maart.

De deal is een belangrijke mainstream partnerschap voor een crypto-based platform, die Crypto Bull tot 2040 zullen zien gebonden aan de Miami Heat Als onderdeel van de Miami-Dade County druk vrijlating op 23 maart, FTX CEO Sam Bankman-gebraden opgemerkt:

“Deze kans is meer dan onze naam op een iconisch gebouw te zetten. Het is een kans om waarde te bieden aan de groeiende en diverse gemeenschap in Miami en de omliggende steden, en om lid te worden van een kampioenschapsgemeenschap, een kampioenschapsorganisatie en een kampioenschapscultuur. “

Volgens de Miami Herald zal Miami-Dade County $ 90 miljoen uit de deal halen zodra de uitgaven en betalingen aan de Miami Heat zijn afgetrokken, waarbij het geld wordt verdeeld over de 13 districtscommissarissen en gericht is op het bestrijden van wapengeweld en armoede

De wetgeving wijst „20% van de inkomsten gelijk aan elk district toe voor betalingen aan programma’s en organisaties die ofwel wapengeweld bestrijden ofwel economische welvaart bevorderen “, waarbij de resterende 80%“ wordt verdeeld op basis van het aandeel van elk district in de „schietpartijen en schietincidenten“. . “

Als de deal wordt goedgekeurd, markeert dit een ander belangrijk partnerschap dat door FTX is beveiligd, aangezien de crypto-exchange actief zijn marktbereik heeft uitgebreid sinds de lancering in 2019.

In augustus 2020 verwierf de crypto-beurs Blockfolio voor $ 150 miljoen , een tracker voor digitale activaportefeuilles met een sterk gebruikersbestand van 6 miljoen. Twitter-gebruiker „Litocoen.eth“ vatte de gevoelens van velen samen door te stellen dat de deal de „slimste acquisitie in crypto-imo“ was.

Iranian authorities shut down 1,620 illegal cryptocurrency mining centers, which together consumed 250 MW of power, the Financial Tribune reported.

According to a spokesman for state energy company Tavanir, these farms have continued to operate illegally since 2019, when mining was legalized in the country.

„Tavanir is strict about unauthorized miners. Those who use subsidized electricity will be fined the amount of the losses caused to the national grid,“ Mostafa Rajabi Mashhadi said.

Their mining sites will be disconnected from the power grid and the miners will be prosecuted, he added.

Mining was legalized in Iran in July 2019. However, not all industry participants were satisfied with the proposed tariffs and continued to use subsidized electricity.

In July 2020, the Iranian government required miners operating in the country to register within a month, disclosing their identity, type and amount of equipment installed. Authorities allowed power plants to operate with mining centers of the Bitcoin Revolution review as long as they had a license and complied with established tariffs.

Recall that in August, Tavanir reported the closure of 1,100 mining farms whose owners had not applied for a license.

The Ultra (UOS) video game distribution platform collaborates with the Elrond blockchain (EGLD). Together, the two projects will collaborate to lay the foundations for decentralized finance (DeFi) use cases based on non-fungible tokens (NFTs).

Ultra (UOS) partners with Elrond blockchain (EGLD)

A press release published on Medium today tells us that the Ultra platform (UOS) is collaborating with the Elrond blockchain (EGLD). With decentralized finance (DeFi) having really exploded this year and a similar trend being formed for non-fungible tokens (NFTs), the two projects aim to bring these two sectors together.

Together, Ultra and Elrond wish to forge the foundations for the integration of NFTs in the world of DeFi . To achieve this, the emphasis will be on interoperability between the two ecosystems. Initially, the Elrond eGold will be accepted as a means of payment on the Ultra platform .

From the other point of view, all the NFTs coming from the Ultra network can be integrated into the DeFi protocols hosted on Elrond . For example, protocols could use NFTs as collateral for contracting loans. More specific, stablecoins backed by NFTs could be issued in this way.

“With Ultra, we are merging engaging experiences with blockchain enhancement capabilities enabling the next generation of wealth creators to express themselves in new and impactful ways,” said Beniamin Mincu, CEO of Elrond.

In recent months, the craze around NFTs has grown strongly , especially with regard to the digitization of works of art. Based on this principle, Elrond and Ultra will work together so that NFTs can find a place in the world of DeFi:

“All the games published on Ultra are tokenized assets that have tangible intrinsic value. We believe DeFi will bring new use cases to these NFTs such as secured microloans that will ultimately benefit Ultra players. Partnering with Elrond is our first step towards this goal, ”added David Hanson, co-CEO of Ultra.

The deployment of the Ultra platform begins

Ultra is now accumulating many top-tier partnerships, including with AMD, Ubisoft, Atari, The Sandbox, the Litecoin Foundation, Cudo and now Elrond. Now, the community is patiently waiting to be able to access the platform and discover all of Ultra’s functionalities related to blockchain and NFTs.

In addition, for two weeks now, the Ultra platform has opened its doors to a handful of preselected users . The platform will be deployed in 3 waves, during which many events will be organized by the team.

To increase your chances of accessing the Ultra platform before other users, you can register on a list as a player or game developer.

The bitcoin price has gone through the $23,000 shot this week and Marc van der Chijs indicates the trends in the market for Hup Bitcoin.

Marc van der Chijs about bitcoin
Who are the buyers and how do they buy their bitcoin? What to do if the crypto currency rises to unreal amounts?

This episode was made possible by: Kneaking, Coinmotion and Bitcoin Master. Interview by Wessel Simons.

Van der Chijs expects that with the breaking of the psychological barrier of 20,000 dollars bitcoin will become more attractive for large parties.

The market is really changing and becoming more professional. Institutions and financial institutions are now stepping in en masse, and these are no longer the pioneers, but the early followers. They no longer run the risk of losing their jobs because of bitcoin and that is an important difference with 2017. There was no good custodian in the market then and there is now.

One of the trends that will continue is that funds will exchange their gold for bitcoin.

We’re talking about extremely large parties like Ruffer and MassMutual that now have bitcoin on the balance sheet. 100 million dollars is probably a small amount of money for MassMutual. But if you like it, we will expand. Other insurers also think: that is what we want too. That will partly be at the expense of gold. Moreover, the young generation does not want gold, but bitcoin‘.

According to Van der Chijs, the price action has only just begun.

No, it’s just beginning. People who sold under 20,000 do not understand the market. There’s going to be an avalanche of money waiting to be invested. We are going to rise even further in the coming months‘.

He makes a comparison with the market of 2016, when the market was also approaching after the halving that year.

It compares with the situation at the end of 2016. 2017 started with a price of around USD 1,000 and ended with USD 20,000. That was a bubble, retail-driven, but realistically the bitcoin price was still $7,000 to $8,000. I expect the same for 2021, a price increase of 700% to 800%. So I stick to my statement that a price of $150,000 or a little higher is possible by the end of 2021. That won’t be a problem, because $100,000 is again an important psychological level‘.

COVID-19 as acceleration
The fight against and the aftermath of COVID-19 disease worldwide has once again exposed the weakness of the current fiat system. It has also accelerated the adoption of bitcoin, according to Van der Chijs.

Governments have created a lot of new debts and that cannot be reversed. One of their solutions is inflation, in order not to let the debts run up. But it is not sustainable for the euro and dollar in the long term. Previously it was gold and now bitcoin has become a store of value. Covid has speeded that up, but institutions had stepped in anyway. After all, they no longer achieve returns with bonds and at the same time bitcoin is a new asset class‘.

Future music
Over the next few years, the rate of the crypto currency will continue to fluctuate, but will increase as larger institutions and funds retain their currencies for a long time.

They want to have bitcoin in their portfolio. Sometimes regulation is a threshold, but the fact that bitcoin is not yet a ‚trillion‘ (1,000 billion dollars) class is also a disadvantage, says the entrepreneur.

These are players who don’t panic so quickly and start selling at a dip. It is purely the scarcity that leads to digital scarcity. I expect a Blackrock to enter at a market value of USD 5,000 billion. The more it becomes worth, the more likely it is that large companies will enter or expand their existing position. That pushes the price up again, so that is why I stick to my bitcoin. Those prices are unimaginable and all that is still a long way off, but you can argue why it could happen‘.

He doesn’t understand that someone like David Rosenberg, a Toronto gold expert, who accused bitcoin of having no intrinsic value, is taken seriously.

People who criticise bitcoin and dismiss it as tulip mania just haven’t done their homework. A David Rosenberg and others are in their own bubble and have simply missed bitcoin. He thinks the amount of bitcoin can just be doubled, but you can’t take that seriously. Even if bitcoin goes to 1 million dollars, they still don’t believe in it‘.

The increased open interest of Bitcoin futures shows that more and more institutional investors are entering the market.

The CME Group is currently the world’s largest market for Bitcoin futures after the derivatives exchange saw a significant increase last month

In a tweet on Friday, the crypto market researchers from Arcane Research found that the CME has replaced the trading platform OKEx as the leading market for Bitcoin ( BTC ) futures . Citing data from Skew, Arcane points out the open interest of CME Bitcoin futures, which is currently valued at $ 1.16 billion. For OKEx, however, the “open interest” is $ 1.07 billion. The open interest is a key figure that shows the total value of all „open“ futures in the market.

The “institutional investors are there”, as Arcane concludes from the available data.

This conclusion is probably based on the fact that institutional investors mostly prefer to invest in crypto derivatives instead of buying the cryptocurrency directly. Increased open interest indicates that these investors are all the more active. A fact that is underlined by the strength of the CME Group , because the derivatives exchange is one of the leaders in its field and is therefore all the more attractive for institutions.

The market for Bitcoin futures on the CME more than doubled in the past month , which is due to the fact that many investors want to participate in the current soaring of the cryptocurrency. However, futures trading is often very volatile, especially as the contracts are nearing their expiration date.

The November futures (BTCX20) expire on Friday , which could be an additional reason for the CME’s surge

The crypto exchanges Binance and Huobi have also emerged as leading players in the futures market this year. In terms of open interest, they represent the third and fourth largest market for Bitcoin futures.

Trading platform Bybit, also on Arcane’s list, announced this week that it plans to launch quarterly Bitcoin futures soon.

As already mentioned, institutional investors in particular use the opportunity to invest in Bitcoin via derivatives. Because of this, the futures market serves as a good indicator of the rising interest of institutions. While the great crypto hype of 2017 was primarily carried by private investors, the current high altitude is much more underpinned by institutional investors.

The asset management company Wilshire Phoenix sees the CME as an important market for Bitcoin pricing .

So says Wilshire, that the importance of CME „is demonstrated not only by the values of trading volume and open interest“, but also „through their influence on prices on the spot market.“ The spot market is the market where Bitcoin is traded directly.

The Bitcoin price is currently moving sideways in a price range around 16,500 US dollars after heavy losses on yesterday Thanksgiving Day .

Justin Smith, a resident of Toronto, had his bank debited $ 3,000 from his account without his consent.

The “right of set-off” is the little-known banking principle applied by Scotiabank, which effectively gives ownership of all depositors‘ funds to the bank.

By using this clause in the bank’s T & Cs, the bank is able to legally recover all the debts owed to it.

Scotiabank of Canada recovered $ 3,000 (CAD) from one of its clients‘ accounts after being the victim of a recruiting scam

Justin Smith of Toronto, who is a long-time customer of Tangerine – the online affiliate of Scotiabank – opened up about his ordeal with the bank in a story that illustrates the pitfalls of trust banking versus cryptocurrency.

CBC News reported that Smith was recently the victim of a sophisticated recruiting scam that saw him inadvertently deposit a bogus check worth $ 3,000.

A Toronto man was the victim of an employment scam, but was even more shocked when his bank, Tangerine, took about $ 3,000 from his account to make up for what she had lost to the fraudsters.

When Smith realized he had been duped and informed the bank of the problem, the bank invoked a little-known clause in its Terms of Service to deduct the amount from a separate account.

Smith’s Fraud Nightmare

The problems started when Mr Smith was contacted by scammers who set up an elaborate plan to make him believe he had landed a home data entry position at retail company Sobey’s.

He was given a seemingly convincing employment contract, a check for $ 3,495 and the instruction to pay $ 3,000 to a company called Tech Insight Services, apparently to supply the equipment.

When Smith deposited the check, it seemed genuine enough to deceive even the bank, which credited his account with the amount. Smith then sent the requested $ 3,000 payment to the crooks, unaware he was being cheated. He then received another demand for payment of $ 3,500, which set off an alarm in his head. He contacted the bank to inform them of his suspicions, but it was too late at this point for the bank to reverse the $ 3,000 transfer.

It was then, Smith says, that Tangerine asked him to cover the $ 3,000 with money from his other accounts at the bank. He refused to do so, and the bank took the money anyway, debiting his $ 3,000 tax-exempt account without his consent.

After a difficult start, preparations for the launch of Ethereum 2.0 are seeing a significant increase in interest. More than half of the ETH required for network deployment has been deposited into the deposit agreement. Will Ethereum 2.0 go live before 2021?

Ethereum 2.0 deployment is getting closer

Driven by a rapid and continuous rise in the price of Ether (ETH) in recent days, the launch of Ethereum 2.0 is approaching. More than half of the Ethers needed for the deployment of the network are now in the deposit contract.

At the time of this writing, 294,336 ETH has been deposited into the contract, or nearly $ 170 million . The launch of ETH 2.0 will take place when an additional 229,952 ETH has been deposited, making a total of 524,288 ETH .

The graphic below speaks for itself. The amount of ETH deposited in the contract has increased dramatically since November 19, from almost 100,000 ETH to almost 300,000 ETH.

This rapid increase in the number of ETH engaged is done in parallel with the increase in the price of ETH, which went from $ 470 to $ 585 in 3 days:

Ethereum 2.0 Stacked total value

In addition, Ethereum 2.0 will only see the light of day if 16,384 validators join the network in its early stages. This second prerequisite is also in a good mood to be reached. As of this writing, 8,834 validators are already ready , with a minimum of 32 ETH deposited each.

Like the number of ETH deposited, the number of validators almost tripled in just 3 days, from 3,000 to almost 9,000:

A launch before 2021 thanks to whales?

The whales of ETH are partly responsible for this rapid progression. According to a report by Bison Trails , a very wealthy whale deposited 17,088 ETH on November 14, which had been dormant in her wallet from 2017 until they were deposited into the contract.

In addition, even leading investment funds participate. This is particularly the case of a Dubai-based company, IBC Group , which deposited more than 20,000 ETH in the contract to support the launch of Ethereum 2.0.

In addition, Vitalik Buterin himself made a strong contribution, depositing 3,200 ETH as soon as the deposit contract was available to all. A gesture by the founder of the network that will most certainly have motivated Ethereum followers to follow him.

Originally scheduled for December 1 , the launch of phase 0 of Ethereum 2.0 is probably postponed for the current of the same month. If the deposits in the contract are growing at the same rate, a launch in mid-December seems plausible. Indeed, as soon as the 524,288 ETH is deposited in the contract, the launch of Ethereum 2.0 will occur 7 days later .

Mike Novogratz: Bitcoin-prisen stiger til 65.000 amerikanske dollars

En Twitter-afstemning fra Maisie Williams modtog endda kommentarer fra berømtheder som Elon Musk. Reklamen for bull run fortsætter med at stige.

Bitcoin (BTC) vil ramme $ 65.000 på grund af en kombination af lille udbud og „tonsvis af nye købere“, ifølge den velkendte investor Mike Novogratz.

I en livlig Twitter-diskussion den 17. november fortalte Novogratz, kendt som bitcoin-talsmand Crypto Cash, skuespillerinden Maisie Williams om ikke at vente med at købe kryptovalutaen.

Novogratz på Bitcoin: netværkseffekt er „sat i“

Williams havde offentliggjort en afstemning, der bad Twitter-tilhængere om at fortælle hende, om de skulle investere i BTC eller ej. På tidspunktet for trykningen var meningerne delte: 47 procent af de omkring 750.000 svar var for en investering.

Afstemningen fik hurtigt opmærksomhed, og den vandt også et svar fra fremtrædende Twitter-brugere. Herunder Tesla CEO Elon Musk.

„Jeg købte mere BTC i går aftes til $ 15.800. Det går til $ 20.000 og (dengang) til $ 65.000,“ kommenterede Novogratz.

„Netværkseffekten er begyndt. Jeg ser masser af nye købere, og udbuddet er meget lavt. Dette er en lettere handel (end) til $ 11.000. Så JA, køb.“

Williams afslørede ikke, hvad der pludselig fik hende til at tænke på Bitcoin. Dog bliver Bitcoin lidt mere til stede i medierne igen, da det var i stand til at vinde næsten 50 procent i løbet af måneden. På pressetiden var parret allerede over $ 17.000.

Podcast-vært Stephan Livera, blockstream sikkerhedschef Samson Mow og Barry Silbert, administrerende direktør for investeringsfondens gigant Digital Currency Group, var også i kommentarerne. Silberts pengechef Grayscale har for nylig købt stadig større mængder Bitcoin. Virksomheden har i øjeblikket over 500.000 BTC til en værdi af 8,37 milliarder dollars.

Som Cointelegraph rapporterede, er det bemærkelsesværdigt, at Bitcoins nylige stigning ikke har fået så meget opmærksomhed i medierne.

Mens Bitcoin nu er på niveauer, har det ikke været i stand til at holde i mere end to uger i sin historie, er offentlig spænding ikke så stærk som den var, da den steg til $ 20.000 i 2017.

Bag kulisserne tilføjes imidlertid flere og flere institutioner, der indtil videre ikke har været for. De tror også mere og mere på, at Bitcoin er en vigtig investering. Denne uge forudsagde Citibank endda en Bitcoin-kurs på op til $ 318.000 i december 2021.

Esto marca la última expansión de la compañía de criptografía de Nueva York a través del Atlántico.

En resumen…

• Géminis ha añadido apoyo al euro.
• El intercambio criptográfico está construyendo su negocio en Europa.
• El Reino Unido, también, recientemente obtuvo una licencia del principal regulador financiero del Reino Unido.

El Cryptocambio Géminis anunció hoy el apoyo al euro. Ahora es posible comprar criptodivisas listadas en su plataforma con la moneda, ya sea en la web, con tarjeta de débito, con un depósito o a través de una transferencia bancaria.

Géminis también ha añadido soporte para los pares Bitcoin y Ethereum para el euro y la libra esterlina en su plataforma ActiveTrader. Este es su intercambio criptográfico de nivel profesional que permite operaciones más complicadas.

„Expandirnos internacionalmente y apoyar al EUR es otro emocionante paso adelante en nuestra misión de potenciar a los individuos de todo el mundo a través de la criptografía. Adelante y hacia arriba!“ dijo Géminis en su entrada del blog.

El intercambio con sede en Nueva York ya apoya los pares comerciales con el dólar australiano, canadiense, hongkonés y estadounidense.

El anuncio de hoy es una continuación de la expansión de Géminis en Europa y el Reino Unido. A finales del mes pasado, Géminis anunció su expansión en el Reino Unido. La Autoridad de Conducta Financiera, el principal regulador financiero del Reino Unido, le otorgó una licencia de dinero electrónico muy solicitada.

Es el último movimiento directo de Géminis. El intercambio en 2015 obtuvo una licencia fiduciaria del Departamento de Servicios Financieros de Nueva York.

Géminis es dirigido por Cameron y Tyler Winklevoss, los multimillonarios de Bitcoin que afirman que Mark Zuckerberg les robó la idea de Facebook.

Los gemelos de alto perfil pueden hacer mucho ruido en línea, pero su intercambio es mucho menos popular que otros en términos de volumen.

Géminis negocia alrededor de 70 millones de dólares cada día. En el sitio de métricas criptográficas CoinMarketCap, eso lo convierte en el 21º intercambio más popular. En Coin Gecko, el competidor de CoinMarketCap, Géminis es la 34ª bolsa más popular. El intercambio, sin embargo, ocupa un lugar mucho más alto en la lista cuando se mira sólo a las plataformas reguladas. Según un reciente informe de CoinMetrics, Géminis es sólo uno de los 13 intercambios criptográficos „de confianza“ del planeta.