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World Cup collectibles on Algorand’s blockchain platform

Updated  

Sep-05 08:47 first published at 08:47 AM


CryptocurrencySportTech What happens to your cryptocurrency after you die? Snap has laid off its entire Web3 team as part of a 20% workforce reduction plan. These features will also be available in the run-up to the 2023 Women’s World Cup in Australia and New Zealand. Shorting cryptocurrencies FIFA+ Collect will release a number of initial collections as well as information on upcoming exclusive and limited-edition collections. “With this exciting announcement, FIFA collectibles are now available to any football fan, democratizing the ability to own a piece of the FIFA World Cup.” Last week, hackers stole $172,000 in cryptocurrency raised for Chive Charities by Bill Murray. “Like sports memorabilia and stickers, this is an easy way for fans all over the world to interact with their favorite players, moments, and more on new platforms.” “Fandom is changing, and football fans all over the world are engaging with the game in new and exciting ways,” FIFA Chief Business Officer Romy Gai said. The messaging behemoth blamed the layoffs on slowing revenue growth, falling stock prices, and a failure to meet financial targets. FIFA+ Collect, which will be available on the FIFA+ service later this month, will also allow football fans to purchase digital collectibles such as art and imagery related to the tournament. FIFA+ Collect will be available on all web and mobile devices at launch, as well as in three language editions (English, French, and Spanish), with several additional languages to follow. “FIFA’s commitment to bridge to Web3 enabled by Algorand demonstrates their innovative spirit and desire to directly and seamlessly engage with football fans all over the world.” LG follows Samsung in releasing an NFT marketplace on its televisions. It will be held in a virtual version of New York’s Times Square. The rock band has released 1,000 digital NFT versions of the album via the Serenade marketplace, with alternate cover art and digital signatures from band members. Sygnum, a Swiss crypto bank, will launch a metaverse hub on the Decentraland metaverse. LG Art Lab connects to the Hedera Network, which LG supports, and allows users to buy, sell, and display Hedera NFTs from their screens. Everything you need to know about eukhost managed cloud hosting The comedy actor’s Ethereum wallet was hacked for approximately 110 Wrapped ETH (wETH) as an auction for 1,000 NFTs ended, generating a total of 119.2 wETH. FIFA+ Collect is powered by Algorand, FIFA’s official blockchain platform that is described as a carbon neutral blockchain with multiple currencies and payment methods. Bitcoin, the original cryptocurrency created by the enigmatic Satoshi Nakamoto, is currently worth $19,750. Cardano is an open source network that facilitates decentralized applications (dApps) and considers itself to be an updated version of Ethereum. Ethereum, the second most valuable crypto coin, is worth around $1,550. It was created as a decentralized network for smart contracts on the blockchain. Binance Coin is a cryptocurrency developed by popular cryptocurrency exchange Binance to help it achieve its goal of becoming the infrastructure services provider for the entire blockchain ecosystem. Its ADA token, which allows owners to participate in network operations, is currently trading at 49c, up 14% in a week. FIFA will launch a platform that will allow fans to collect and ‘own’ key moments from the upcoming 2022 World Cup in Qatar in the form of non-fungible tokens. Muse’s new album Will of the People topped the UK charts last week, selling 51,500 copies, more than the next nine albums combined. Ripple’s XRP token, a payment settlement asset exchange and remittance system, serves as a bridge for currency transfers. BTC is back to where it was a week ago. Its SOL token is now worth $31.66, which is 5% more than a week ago. Polkadot was founded as an open-source project by the Swiss-based Web3 Foundation to create a decentralized web. Its DOT token, which aims to securely connect blockchains, is currently trading at $7.52, up 9% from a week ago. DOGE was created as a satire on the cryptocurrency hype, but it is now a major player in the space. Polygon’s goal is to securely connect blockchains to create a decentralized internet. DOGE is trading at 6.2c, up 1% in seven days. Its MATIC token is currently trading at 88c, representing a 14% increase in a week. Avalanche is a verifiable platform for institutions, businesses, and governments. Its AVAX token is currently trading at $18.86, up 7% in a week. Click here to see how the valuations of the major coins have changed recently, as well as round-ups of recent cryptocurrency news developments. See below for 24-hour price changes and valuations of the top 100 coins by market cap in US dollars. Celsius has asked the bankruptcy judge to allow it to return $50 million to users who have been locked out of their accounts. This only applies to ‘custody’ accounts, not ‘earn’ and ‘borrow’ clients, who allegedly signed over ownership of their coins to Celsius when they deposited the cryptocurrency in order to earn interest. Over the last week, ETH has increased by 8%. XRP is currently trading at 32.7c, a 2% decrease from seven days ago. Meme currency Its BNB token is currently trading at $276, down 1% in seven days. Solana is a blockchain that can process 50,000 transactions per second and was designed to make decentralized finance more accessible on a larger scale. At the time of writing, the total market cap of the more than 20,800 coins was $975 billion.

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