GildCoin - Crypto News

2022-12-27 20:00:09 ​Argentine Soccer Association AFA Partners With Upland to Enter the Metaverse

The Argentine Soccer Association, AFA, has partnered with Upland, a virtual world platform, to introduce its fans to the metaverse. Upland will allow Argentine fans to have a bigger connection with AFA history, presenting the opportunity to acquire digital representations of several properties of the league, including clubs, games, historical moments, and even tickets.

The Argentine Soccer Association, AFA, the institution that manages the national soccer league, is now entering the metaverse. The organization has partnered with Upland, a real-life mapping metaverse project, to allow its users to enter the metaverse and experience the benefits of a closer connection with teams and celebrated players.

According to a press release issued by the AFA, Upland’s partnership will include digital representations of all the teams of the league, including players, tickets, games, historical moments, and exclusive moments of the platform. This will also ostensibly allow the league to attract younger, Web3-focused fans, and digital collectors from the soccer world, as well. The four-year deal is the first agreement of the AFA of this kind and aims to bring additional revenue to the Argentine Soccer League through the sale of multiple licensed digital assets.

However, this metaverse experience won’t be only unidirectional, as the platform will allow the resale of these digital collectibles by the fans, establishing a secondary market. The Argentine Soccer Association expects this to improve the relationship that the institution has with its fans, and internationalize the national league after the national Selection won the FIFA World Cup, recently held in Qatar.

Claudio Tapia, President of the AFA, celebrated this partnership because it will take advantage of the metaverse’s emergent technologies. He stated:

This agreement allows us to partner with the best creators of technology and new digital products and thus generate a new source of income for all participating clubs. We welcome Upland as a new commercial partner of our Association and of the Argentine Professional Soccer League.

Other soccer leagues of the world, as well as some of their teams, have already jumped on the metaverse bandwagon. The Spanish Laliga, the national soccer league in Spain, is already immersed in metaverse-related initiatives, having established partnerships with Globant and Dapper Labs to expand its metaverse presence and establish markets for licensed digital products. Open / Comment

2022-12-24 20:00:14 ​ECB to Decide Whether to Issue Digital Euro in 2023

The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator planning to make a decision whether to proceed to the realization of the project in the fall of 2023.

The eurozone’s central bank has released a second report on the advance of the investigation phase of its project to issue a digital version of the common European currency. The document presents a set of design and distribution options, recently endorsed by its Governing Council, and defines the roles of the ECB and market participants in the digital euro ecosystem.

Just like banknotes today, a digital euro would be a liability on the balance sheet of the Eurosystem, the monetary authority of the eurozone consisting of the ECB and the national central banks of the member states. Therefore, the Eurosystem must be in full control over the digital euro issuance and settlement, the regulator explains.

Supervised intermediaries, such as credit institutions and payment service providers, will distribute the digital euro to end users — individuals, merchants, and businesses — open digital euro wallets, process payments and provide other related services. Conducting know-your-customer and anti-money laundering checks will be part of their responsibilities, too. The ECB also emphasizes:

Paying in digital euro should always be an option, irrespective of the entity with which end users open digital euro accounts or wallets and of their country of origin.

Further, the European Central Bank assures that the design of the digital euro would minimize its involvement in the processing of user data. “The Eurosystem would not be able to infer how much digital euro any individual end user holds nor to infer end users’ payment patterns,” the monetary authority elaborated.

The investigation phase of the digital euro project was launched in 2021. The ECB issued its first progress report in September, 2022. Work on a rulebook for the distribution scheme should begin in January. The central bank’s Governing Council will review the results of the research in the fall of 2023 and decide whether to proceed to a realization phase, an announcement detailed. Open / Comment

2022-12-21 20:00:05 ​BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial Delay

The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money laundering through the now-defunct coin trading platform.

Crypto entrepreneur Alexander Vinnik has applied for release on bail because of the delay of his trial, according to Russian media. He has been in U.S. custody for over three months but the documents required by the court have not been provided by the respective American authorities, his lawyers have pointed out.

According to information published in the Northern District of California’s federal court documents database on Friday, Vinnik’s defense team is asking for all documents pertaining to the trial to be presented within 60 days.

Alexander Vinnik believes he should be released on bail or allowed to exercise the right to a speedy trial as the U.S. government has not fulfilled its obligations after promising to provide evidence in this case, the daily Izvestia unveiled in a report quoting the appeal.

The alleged operator of BTC-e was arrested in July 2017, while on vacation in Greece with his family. He was detained on a warrant issued by U.S. authorities who accuse him, among other crimes, of laundering between $4 billion and $9 billion through the crypto exchange.

Besides the U.S., the French judiciary also wanted his extradition and Greek authorities decided to first hand him over to France in 2019. After serving a sentence there, he was returned to Greece this past summer and extradited immediately to the United States. Both French and Greek authorities have ignored extradition requests submitted by Russia.

Vinnik appeared in San Francisco federal court on Aug. 5 maintaining his innocence. Later that month, Russian media reported that he had been denied release on bail, quoting his record on the website of the Santa Rita Jail in California where he was incarcerated.

In September, his French lawyer Frederic Belot urged the Russian government to consider Vinnik in a potential prisoner exchange deal with the U.S., pointing out that the maximum sentence for Vinnik’s charges, 55 years, would amount to imprisonment for life for the 43-year-old Russian. His health has been deteriorating after solitary confinement in France and hunger strikes in Greece. Open / Comment

2022-12-20 18:00:12 Amber League $5000 GiveAway !

Step 1: Follow all steps in Givelab
https://givelab.com/xmas-campaign/xmas-campaign

Absolutely new Gamers League is here!

Amber League giveaways New Year presents every day!

Exclusive Rewards from different projects.

The advent Calendar by Amber League: GET YOUR PRIZES! Open / Comment

2022-12-19 21:00:05 ​ANNOUNCEMENT The FINAL Drop of the year for Lamborghini’s The Epic Road Trip is almost here Collect the next puzzle piece to get one step closer to Lamborghini’s puzzle reveal, with some seriously valuable prized possessions unleashed in Drop 5 – “The Vault.” (19 Dec – 22 Dec). -- Now dropping on ETH.

Sound the alarm. We’re unlocking the vault and offering you the rarest opportunity to possess a piece of Lamborghini’s heritage – yours to keep forever.

There will be 3 Limited Edition NFTs available for purchase for 24 hours each --- collect all 3 and receive 60-minutes of Early Access to the Rare Limited Edition NFT.

HOLDER BENEFITS

Claim Lamborghini Wallpapers and Centro Stile Sketch Airdrops

Collect ALL Silver or Gold NFTs to receive NFT token revealing The Epic Road Trip Puzzle!
Available on OpenSea soon

Register and join Discord for Early Access
Join the Discord at lam.bo/Discord_Tw
Mint here https://nft.lamborghini.com

Starts Monday 19 - Thursday 22 Dec Open / Comment

2022-12-18 20:00:06 ​Bahrain Telecom Operator Starts Accepting Crypto Payments

Stc Bahrain, a subsidiary of the Bahrain telecoms operator Stc Group, recently said its partnership arrangement with payment service provider Eazy Financial Services has created an opening that allows clients to pay bills using crypto. According to a statement, the telecom operator’s move demonstrates its “strong focus on advancing Bahrain’s fintech sector as world-class digital enablers.”

The Bahrain telecom operator, Stc Bahrain, recently revealed in a statement that it now accepts cryptocurrencies, ostensibly making it the first in the kingdom to do so. The statement also said the company teamed up with the payment service provider Eazy Financial Services. This partnership allows the Stc Bahrain’s customers to settle their bills using the Binance wallet, the statement added.

Commenting on the partnership with Eazy Financial Services, Nezar Banabeela, the CEO of Stc Bahrain, said:

Rapid digitization across the globe is transforming all aspects of our lives, and payments are the most crucial element. From online shopping and streaming videos to money transfers, almost every digital activity relies on a payment system.

Banabeela also claimed the telecom operator’s move to accept crypto payments demonstrates Stc Bahrain’s “strong focus on advancing Bahrain’s fintech sector as world-class digital enablers.” In addition, the CEO said his company plans to make the acceptance of crypto “a seamless process and increase adoption as crypto is the future of payments.”

Meanwhile, the founder & CEO of Eazy Financial Services, Nayef Tawfiq Al Alawi, claimed that the partnership arrangement makes it possible for the telecom operator to accept cryptocurrency payments but “in a regulated, secure and extremely fast manner.”

For his part, Tameem Al Moosawi, the general manager at Binance Bahrain, commended Stc Bahrain for taking the initiative and for potentially setting the benchmark for telecom operators that want to transition to the Web3 economy. Open / Comment

2022-12-18 15:00:06 Hi guys!
Let's remember a few basic elements of the rules:

The game has 10 levels that open gradually, according to the schedule. As you play, levels open from the lowest (cheapest) to the highest. Each level is a separate structure.
The two players behind you will pay you 74% each. For participation in the level, YOU WILL RECEIVE 148%
Payouts can be endless, but after each payout you need to activate the level again
By missing the time to buy a level you will lose the pace of the game
Your 100% deposit goes to higher players. 74% goes as main income to players above and 25% goes to their referrals.

For more information on the rules of the game, follow our web and learn in detail in full.

Web | Channel | Chat | Twitter Open / Comment

2022-12-16 17:00:11 Bet Crypto on World Cup 2022 Qatar with 1xBit

Argentina - 2.79x
France - 2.78x

The day has come. Two football giants made it to the Final match of the World Cup 2022. The probability of the victory of each team is high.
Will France defend their champion title or will Argentina win the World Cup for the first time in many years?

Take part in TICKET RUSH - collect tickets and win up to 0.5 BTC

Promocode - CRYPTOCUSH

#1xBit #WorldCup2022 #Crypto Open / Comment

2022-12-15 20:00:11 Why XRP Price May Skyrocket In Coming Weeks? On-Chain Report

Ripple’s native crypto, XRP has managed to keep up with the increased selling pressure in the digital asset market.

XRP price surge has been depending on the positive outcomes from the long running Ripple lawsuit.

https://coingape.com/xrp-price-may-skyrocket-in-coming-weeks-on-chain-report/?bn Open / Comment

2022-12-12 20:00:14 ​​Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, Says Tokens ‘Have Not Been Shown to Have Any Economic Value at All’

Ben Bernanke, former chairman of the Federal Reserve and also the winner of the 2022 Nobel Prize in economics, has recently blasted the concept of cryptocurrencies. In an interview with Dagens Nyheter, one of the biggest Swedish journals, Bernanke remarked that cryptocurrencies have not proven they have any economic value at all.

The demise of certain cryptocurrency companies like FTX, which was one of the largest cryptocurrency exchanges, and also crypto lenders such as Celsius and Blockfi, has made analysts reassess the real contribution that cryptocurrencies have on the field of economics.

Ben Bernanke, one of the most renowned economists and co-winner of the 2022 Nobel Prize in economics for his research on banks and financial crises, recently stated his opinion on cryptocurrency in the wake of the current situation the market is facing.

In an interview published by the Swedish journal Dagens Nyheter on Dec. 7, Bernanke stated he does not think cryptocurrencies constitute a threat to the current financial system because no bank is sitting on a large pile of these assets. He stated:

I believe that so far cryptocurrencies have not been shown to have any economic value at all.

Bernanke’s negative opinion on crypto is not new, as he has also made similar remarks in the past. In May, Bernanke said bitcoin was used “mostly for underground economy activities and often things that are illegal or illicit.” He further explained that while bitcoin is being used as a speculative asset, he does not think it can reach the status of an alternative currency.

While several experts have called for regulation on the cryptocurrency front as a way for more citizens to reach crypto in the mainstream, Bernanke argues that regulated or not, cryptocurrencies are destined to fail.

In this regard, he explained:

Either they are not regulated and then they will collapse because people distrust them or they are regulated and then they will collapse because they are mostly used for criminal activity.

However, in the past, Bernanke was more open to the idea of bitcoin and other cryptocurrencies becoming a threat to traditional fiat currencies. Back in 2017, Bernanke stated that if bitcoin was near to having equal transactionality as traditional currencies, regulations would be issued in order to stop it. At the time he remarked:

Eventually governments will take any action they need to prevent it. Open / Comment