Category: Bitcoin Investment

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BNB network launches dApp platform with anti-coup alarm

BNB Chain’s dApp platform, DappBay, will help users evaluate projects before investing in them.

BNB Chain on Thursday announced the launch of a new platform for decentralized applications (dApps), designed to provide a fraud alert to users looking to invest in the DeFi and Web3 ecosystem.

The new tool is available on BNB Chain’s DappBay, a dApp hub that has an integrated risk assessment system called Red Alarm.

An anti-fraud feature

Red Alarm is an anti-fraud feature that provides an innovative scanning tool that users can leverage to easily browse new projects.

With it, a user can identify potentially high-risk projects and use the details provided to make informed decisions, thus avoiding what could be a scam or a pull of the rug.

To track new projects for potential red flags, the user will need to enter the contract address of the project in question. The BNB Chain community can use the assessment details to rate newly launched projects across DeFi, NFT and GameFi, said Gwendolyn Regina, chief investment officer at BNB Chain in a statement.

“More importantly, the Red Alarm feature helps users stay one step ahead of fraudsters; the system notifies you in real time of potential risks associated with projects, which allows the community to make informed investment decisions,” she added.

The Red Alarm page shows that one of the new DeFi projects has “significant risk”, noting that the “contract contains logical or programming backdoors that could drain users’ funds”.

DappBay will not only benefit BNB Chain users, but the wider blockchain community as well.

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Cryptocurrency firm WhaleFin strikes $42 million deal with Spanish soccer giant Atletico Madrid

Spanish soccer giant Atletico Madrid has confirmed that the club will enlist cryptocurrency company WhaleFin as a kit sponsor for next season.

Crypto platform WhaleFin has signed a kit sponsorship deal with Atletico Madrid

As announced by the Spanish club on its website, the Amber Group has now become the main global partner and official leader of the team.

With offices around the world, Amber Group is a large digital asset company with “WhaleFin” as its core platform. According to the agreement, WhaleFin will appear next season at the head of Atlético’s uniforms.

Atlético de Madrid is one of the biggest names in football in Spain and in the world, second only to Barcelona and Real Madrid in the domestic market. Currently, the club plays in LaLiga, the country’s first division, of which it was proclaimed champion just one season ago.

“Today is an important day for the future of Atlético de Madrid as we join forces with a leading global company in the digital finance space,” said Miguel Ángel Gil, CEO of Atlético de Madrid. “This partnership aligns with our desire to digitally evolve and deliver better and superior digital experiences to our fans.”

The contract signed between Amber Group and Atlético is valid for 5 years and, according to 2Playbook, the Spanish sports business moves 42 million euros (about 42.26 million dollars) a year.

In addition to a feature in kits, WhaleFin will also serve as the preferred encryption gateway for club fans and provide metaverse experiences for fans.

Amber Group COO Michael Wu said: “This multi-year partnership is a monumental moment for Amber Group and we are proud to partner with Atletico Madrid, one of the best football clubs in Spain and Europe. This partnership celebrates our shared values ​​of teamwork and community building, which resonate throughout the world of sports and crypto finance.”

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Best Bitcoin Casino Sites: List of TOP BTC Gambling Sites

Cryptocurrency casinos are an increasingly popular way for many casino fans to play online. Sometimes called Bitcoin casinos after the most popular type of crypto of the same name, more and more crypto sites launch each year.

A great Bitcoin casino will offer:

Anonymous and secure online gambling, with little or no info required from the operator

Loads of different crypto options, from classic and popular coins like Bitcoin or Ethereum to stablecoins like Tether or meme coins like Doge

Exclusive Bitcoin or blockchain-based games, that can be provably fair

Larger welcome bonuses than online casinos from highly regulated markets
Best Bitcoin Casino Ranking

But how does a new crypto casino player get to know all that? Finding all the information, never mind the nuts-and-bolts clauses behind the scenes, can take a lot of time.

That’s why we assembled this list of top bitcoin casinos. Casinos come to us, and our expert reviewers look at every detail of the site before rating them. All, so you don’t have to. Easy!

So, what is the best bitcoin casino we’ve looked at then? Well, you can see below for our expertly assembled top list.

However – some things are not exactly quantifiable. The best Bitcoin casinos have unique aspects to them, so you can’t necessarily say which single ones are the best!

Generally, we tried to put our top list in order. But, for example, some sites will focus on exclusive Bitcoin casino games – while others will have more games from traditional providers. Others might have the biggest welcome bonus, but they don’t offer so many crypto casino games to use with.

Swings and roundabouts. Anyway, any casino on our top list is at least worth checking out for one reason or another!

Take a look today for a comprehensive list of the best bitcoin gambling sites available right now.

Wherever you are in the world, whether you’re looking for the best bitcoin casinos in Ghana or the best Ethereum casino in New Zealand – our international options have you covered.

Just take a look on the best bitcoin casinos overall:

  1. 7Bit Casino – over 1500 games from a very reputable operator
  2. Bitstarz – Hugely popular site with in-house crypto purchases
  3. WildTornado – Over 6000 games and a unique loyalty scheme
  4. mBit – Loads of games and bonuses with fair terms
  5. KatsuBet – Over 3000 slot games available
  6. Bitcoin Penguin – Try any and all games for free, no account needed
  7. Crypto Wild – Crypto-only casino with exclusive blockchain games
  8. Betplay – Unlicensed international option with lots of cryptos
  9. Cloudbet – Huge range of cryptos and a truly massive welcome bonus
  10. Betchain –  Very well-designed site from a highly-regarded owner
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Nigerian Mobility Fintech Lands US$20M From UK Development Finance Institution

A Nigerian fintech, Moove, recently secured a $20 million investment from British International Investment (BII). Moove said the funds will be used to democratize access to car ownership in Africa.

Extended credit based on driver performance and income analysis

The British development finance institution (DFI), British International Investment (BII), recently said that it has invested $20 million in Moove, the Nigerian mobility technology. According to a statement issued by the institution (formerly CDC Group), the 4-year structured credit investment is a reflection of BII’s “focus on mobilizing capital to build self-sufficiency and market resilience in Nigeria.”

Launched in 2020, Moove, which reportedly aims to “democratize access to vehicle ownership in Africa,” focuses on providing revenue-based vehicle financing for mobility companies. According to a report by Fintech Futures, Moove has been giving credit to drivers previously excluded from the financial system. Credit awarded is based on driver performance and income analysis.

Following the latest investment, Moove has raised $125 million so far this year and $200 million year to date. According to Moove, BII’s latest investment will be used to purchase fuel-efficient vehicles that will be leased to drivers.

“This will also alleviate one of the main obstacles to the development of ride-sharing transport infrastructure in Nigeria’s commercial capital,” the fintech said.

British investments in Nigeria

Speaking at a recent event that also marked the CDC Group’s name change to BII, British High Commissioner for Nigeria Catriona Laing said:

It is a pleasure to be in Lagos to celebrate the launch of British International Investment and to welcome Nick O'Donohoe during his visit to Nigeria. The BII is an important part of the UK's suite of tools and expertise to help Nigeria build its investment pipeline and increase investment in infrastructure, in particular for clean and green growth.

According to Laing, the launch of DFI represents a continuation of the UK’s partnership with Nigeria, which began 74 years ago, with investments in West African Fisheries and Slaughterhouses.

For his part, Nick O’Donohoe, CEO of BII, pointed out that “investing in the prosperity of Nigeria’s growing population requires innovative new alliances that can take advantage of the country’s abundant skills and knowledge”.

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PSG Club Sells Commemorative Tickets for NFT and NFT for First Japan Tour

Paris Saint-German (PSG), a renowned French football club, started selling commemorative NFT and NFT tickets for their first Japan tour since 1995 (age 27).

The football club stated on its website:

“In the summer of 2022, Paris Saint-Germain, one of the best football clubs in the world, will tour Japan! To commemorate your first visit to Japan in 27 years, we will be offering premium NFT tickets and commemorative NFT tickets that you can only purchase here and now.”

As per the announcement, there will be 3 NFT tickets (each ticket will cost around 180.36 ETH, which is over $205K at current prices) for the three scheduled matches for Japan.

On the other hand, the commemorative NFTs will feature moments captured in images and videos from the tour. The first match is scheduled to start on July 20 with Japan Kawasaki Frontale. PSG’s game will feature stars like Lionel Messi.

The sale will end on Wednesday and all ticket holders will have the opportunity to access the lounge and join the VIP party with the players.

Adoption of PSG Encryption

PSG is among the football teams that have adopted NFTs and Cryptos in their recent campaigns.

Last month, PSG revealed its plans to release an NFT collection that will commemorate its 10th league championship and also the Year of the Tiger with Taiwanese pop star Jay Chou. The collection must present 10,000 NFTs.

Furthermore, according to reports from last year, Lionel Messi, upon signing a contract with PSG, opted to receive part of his transfer package in cryptofan tokens.

The sports world appears to be on the cusp of adopting cryptocurrencies as more clubs sign partnerships with cryptocurrency organizations. These partnerships will be a huge boost for cryptocurrency companies as they will be able to reach new fans and investors.