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🚀_____ Esports Has A New Roster!🎮
Let's keep it going, Geckos! You've probably heard of debit cards and credit cards, but how about a crypto lending card? (Editor's Note: People can really come up with anything these days.) Swipe (SXP) has launched a new crypto Visa card that allows users to borrow funds using blockchain technology. The product provides "near-instant access to lending balances" through established DeFi protocols. The platform will support the Compound (COMP) protocol at launch. In today's news, esports meets crypto, blockchain arrives Down Under and a new project crosses the scene. Read on! | | |
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| Don't stop reading! It's important. This is your moment. This is when you finally decide you're going to do something with your money — make it work for you, instead of you working for it. You're ready to level up your game and take charge of your finances. Click the link below and start investing. You know about crypto. You believe in its potential. Time to make your knowledge count.
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This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. | | Japanese Esports Salaries Now In XRP SBI esports, a subsidiary of SBI Group, has announced that players will soon be receiving their salaries in the form of Ripple (XRP) as part of a sponsorship deal with VC Trade. The aim of the game is to create a stronger presence amongst esports players who are also keen on digital currencies. Ripple and SBI esports have a long time partnership with the goal of creating and nurturing a healthy market. CoinTelegraph | | Australia Eyes Blockchain The Australian Government is rolling out the big bucks, $574 million to be specific, for their new Digital Business Plan which aims to accelerate the country's economic recovery after the losses at the hands of Covid-19. From this budget, $6.9 million will be pumped into two blockchain pilots that are directed at reducing business compliance costs, although the projects have not yet been specified. This impressive figure is in fact the largest investment that the government has made in blockchain technology. CoinTelegraph | | Binance Launches the Panama Project Binance has launched the Panama project which functions as a one-click cross-chain service, making it easier to transfer digital assets. Panama acts as a "bridge service that provides access to inter-blockchain liquidity" for dApps. The process can be completed in a few minutes and users can enjoy the luxury of zero conversion fees. The service is accessible to everyone, even to those without a Binance account. TheDailyChain | |
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| Over The Counter (OTC)It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties. Some reasons why people opt for OTC is some coins are too small to be listed on exchanges or the cryptocurrencies are banned in certain jurisdiction. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here | | | |
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