Day: November 24, 2022

DappRadar’s Sports Report explains how FIFA World Cup introduces Web3 to 5 billion people

Anthony B

Kaunas, Lithuania –News Direct– DappRadar DappRadar, the global dapp store, has announced its inaugural Sports Report, focused on the increasing presence of Web3 projects and applications in the world of sport and their unique ability to enhance fans’ experiences. At a time when the entire world is focused on the FIFA World Cup 2022 in Qatar, Web3 is connecting millions of people from around the globe through an array of sponsorships, advertising deals and immersive digital experiences centered on sport. In particular, DappRadar’s Sports Report highlights the growing popularity of…

Crypto Self-Custodying Offers Protection Amid FTX Exchange Fallout

Jackson Wood

Many crypto exchanges have failed in the past, losing client funds and causing many people to lose the money they had on the exchange. Crypto exchanges failing, unfortunately, is not an uncommon event in crypto, but the scale of fraud and mismanagement with FTX is unprecedented. These recent events have caused many in traditional finance to lose faith in the future of crypto, put tremendous downward pressure on crypto prices and lead many to call for further regulation in the crypto markets. Author: Jackson Wood Source link

Russia intends to launch a ‘national crypto exchange’

David Attlee

Russian lawmakers are working on amendments to launch a national crypto exchange. This effort is reportedly supported both by the Ministry of Finance and the Central Bank of Russia which have a long history of disagreement over crypto regulation in the country.  As local media reported on Nov. 23, members of the lower chamber of the Russian parliament, the Duma, have been in discussions regarding amendments to the country’s existing cryptocurrency legislation “On digital financial assets” with market stakeholders. The amendments, which would lay down a legal framework for a national exchange,…