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Bits Be Trippin: #Sorare: The #NFT #Fantasy #Football (#Soccer)
- Thursday, 29 July 2021 19:13
Welcome to episode 1 of #BBT #NFT (Non-Fungible Token) deep dives. This episode is going over Sorare, the fantasy football (soccer) NFT brand. This fantasy game covers over 140 leagues of professional soccer players and gives fans a chance to own valuable collectible items that can never be altered.
Chapters:
00:00 Intro
00:55 What brought about the creation of the game?
02:37 Why go with blockchain?
04:27 Why 5 cards per team?
05:32 How do you determine rarity?
07:03 Requirement for new players?
08:23 Do players receive anything for use of their likeness?
09:13 What wallets are used?
10:05 Difference between Sorare and FIFA 21
13:32 What if a player retires?
15:37 Outro
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CoinDesk: Key Takeaways From Tuesday's Crypto Hearings
- Thursday, 29 July 2021 16:53
Congress held three simultaneous hearings around cryptocurrencies and their use cases on Tuesday. CoinDesk's Nikhilesh De discusses the high-level takeaways, proposing the outlook for crypto regulation. Plus, whether there is a partisan divide among lawmakers in their discussions about crypto.
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CoinDesk: Why Is Bitcoin's Price Rising?
- Thursday, 29 July 2021 16:53
Henry Elder, Head of Treasury and Wealth Management at Wave Financial, discusses the potential reasons behind bitcoin's bounce and the outlook for the cryptocurrency as it returns near $40K resistance. Plus, bitcoin's correlation to the altcoin markets and traditional capital markets and whether institutional interest in bitcoin has subsided.
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CoinDesk: Here's Why Binance CEO 'CZ' Is Looking for His Replacement
- Thursday, 29 July 2021 16:54
Binance, the world’s largest cryptocurrency exchange by volume, is looking for someone with a strong regulatory background to become its new chief executive officer, replacing its current CEO, Changpeng "CZ" Zhao. The news comes amid Binance facing a series of regulatory scrutiny across global jurisdictions. "The Hash" team discusses the implications for the exchange and its customers.
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CoinDesk: SEC Commissioner Hester Peirce on the Challenges of Cryptocurrency Regulation
- Thursday, 29 July 2021 16:54
SEC Commissioner and "Crypto Mom" Hester Peirce discusses her take on crypto regulation as the SEC's authority garners attention from Congress. "All of us are going to be challenged as regulators in thinking about how to regulate while making sure that we preserve the important American fundamental of innovation and privacy," Peirce said. Plus, stablecoin concerns and CBDCs.
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CoinDesk: Robinhood Reportedly Testing Feature to Protect Crypto Investors From Volatility
- Thursday, 29 July 2021 16:55
As Robinhood prepares to go public this week, the zero-fee trading platform is reportedly working on a new feature that will help protect users from crypto price volatility. "The Hash" panel discusses whether the fintech firm is acting in the best interests of its clients or is it just a front to appease regulators?
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CoinDesk: Market Cap of USDC Growing Faster Than Tether
- Thursday, 29 July 2021 16:55
Half of the trades in and out of bitcoin are done with Tether, the dominant stablecoin and third-largest cryptocurrency with a $64 billion market cap. Yet, Coin Metrics reveals the market cap of stablecoin USDC is growing faster than that of USDT. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
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CoinDesk: New Infrastructure Bill Looks to Raise $30B Through Crypto Taxes
- Thursday, 29 July 2021 16:56
CoinDesk's Nikhilesh De breaks down a bipartisan infrastructure bill in Congress that proposes raising $28 billion from crypto investors by applying new information reporting requirements to exchanges and other parties. Plus, the latest on Gary Gensler's response to Sen. Elizabeth Warren on the SEC's authority over crypto regulation and Robinhood's IPO.
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CoinDesk: Could Bitcoin Drop Below $30K?
- Thursday, 29 July 2021 16:56
Despite bitcoin's price jumping over $40K this week, the highest it's been since June 16, the cryptocurrency remains rangebound between $28K-$43K. GSR Markets co-founder and president Rich Rosenblum shares his bitcoin price assessment, noting a positive outlook. "I think it's solidified its place here," Rosenblum said. "It's unlikely we're going to see below $30K over the summer."
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CoinDesk: Bitcoin Rewards Site Lolli Raises $10M, Eyes Gaming Sector for Growth
- Thursday, 29 July 2021 16:56
Bitcoin rewards company Lolli raised $10 million in its latest funding round. Social media influencers Logan Paul, Chantel Jeffries and Sway House also participated in the Series A round. Lolli plans to be more active in the gaming community. "The Hash" panel digs into the world of crypto influencers and their potential role in driving mainstream blockchain adoption.
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