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🚀 Here's a Wild "out-there" idea; Crypto🔢 + Football⚽ + ? = 🧡

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Happy Friyay, Geckos! Hear me out: "Football, or sports, may become one of the next drivers of crypto adoption". Wait wait, don't leave! Let me present my case. In case you didn't know, one of Chiliz's (CHZ) product - Socios.com, has been making the rounds by getting football clubs (FC) to create blockchain-based fan tokens on the Chiliz blockchain. Recently, a Turkish based FC has issued their own fan tokens using the very same platform. Now, this news in of itself may not mean much.(Editor: Unless you're Trabzonspor fan, in that case, Merhaba nasılsın?) But this is only Chiliz's latest in a streak of football clubs (and even esport teams) signing up to the blockchain-fan-token idea. Currently, the most notable FC to have a fan token on the Chiliz blockchain is the Italian-based Juventus Football Club (JUV), now you must have heard of them at least! It is worth noting that the football industry made a reported $28 billion USD globally. (Editor: Obviously, this is not a call to "BUY BUY BUY". That being said, even as a non football fan, I am intrigued by the potential of a largely finance-oriented cryptocurrency technology being applied in the sports industry.) Enjoy your weekend and may your trades be ever fruitful!

24h Hot searches worldwide 👀 Aced                       (-0.8%) DegenVC              (+162.7%) YF Link                   (-18.2%)  Ethverse               (+19.5%) Chain Games         (+4.5%) Polkadot                 (+2.5%) TrustSwap              (-2.5%)

Report: 95% of Crypto Futures Volume Originates From Asian Exchanges According to a new report by Blockchain Valley Ventures, the majority of crypto futures volume is in Asia. BitMEX has been surpassed by the Binance, OKEx, and Huobi in terms of spot and derivative exchange volumes. From Q1 to Q2, futures volume have also seen a jump of $60 billion. The report also predicts that there will be several acquisitions in the crypto exchange market over the next few months. CoinDesk Cryptocurrency Related Websites Are Being Blocked In Russia Russia is allegedly blocking websites that are related to cryptocurrency. One of the most popular sites to be blocked is BestChange.ru, an aggregator of over-the-counter (OTC) cryptocurrency providers.  This is the third such block attempt on BestChange.ru, stemming from a lawsuit by Russia's internet censorship agency against the site. Many sites which offer bitcoin (BTC) for sale or exchanged goods in return for BTC, have also been blocked. CoinDesk LINE Launches Its Own Crypto Wallet In Japan Social media giant LINE has launched a blockchain development suite - LINE Blockchain Developers and a crypto wallet dubbed "BITMAX Wallet" (not to be confused with the BitMax exchange). At the moment, BITMAX wallet is only available in Japan, where LINE is widely used. The Development suite aims to allow companies to easily introduce blockchain technology into their operations. CoinDesk Love our surveys? Here's a second round! Pssst! CoinGecko Survey is now BACK!  Your experience and opinion is highly valuable in the crypto industry. And so we'd love to pick your brain on your thoughts about the latest thing to pop up in the space. (Hint: It has something to do with farming) Of course, you will stand a chance to win one of our 5 CoinGecko T-Shirts! (which always out of stock for some reason, so here a chance for you to win one... for free 😜 ) All participants will receive goodies for your time and opinion too, eligible responses will awarded our How to DeFi book, CoinGecko Store voucher and an extra 200 candies to your CoinGecko Account. Click on here to answer our survey now!

Frontrun(ing) In traditional finance, frontrunning or tailgating is a practice where traders or brokers execute a trade before a prior large order is executed. The said trader or broker will then sell their trades higher to the large order, owing to the order's slippage tolerance. This is highly illegal and unethical in the traditional finance. In the cryptocurrency context, frontrunning works the same but in DEX's where orders made are broadcasted to the blockchain for all to see. A frontrunner will attempt to listen to the blockchain to pick up suitable orders to frontrun by orders on the market and placing enough fees to have the transaction mined faster than the target's orders. Learn about other Crypto terms here Read more on CoinGecko

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