NFL Archives

SEC adds ‘misleading’ crypto firms to public alert list

The US Securities & Exchange Commission (SEC) has added “misleading” crypto trading firms to its list of unregistered entities. The SEC launched the Public Alert: Unregistered Soliciting Entities list in 2007. It now includes “SuperBinance” and “Superfxtrading,” which takes advantage of investors confusing them with Binance and FTX. There’s also a “Gemini M&A” impersonating the Goldman Sachs mergers & acquisition deal-making app, Gemini.

Crypto prices today: Bitcoin rises 5.2%, ETH up 6.5%

Bitcoin is currently trading at $40,468.76, a 5.2% increase over the previous day. Ethereum is up 6.5% over the last 24 hours to $2,992.46. Solana rose 5.64% to $100.58, while Cardano is trading higher by 5.8% at $0.887. Terra (LUNA) jumped 9.15% to $96. The global crypto market cap stands at $1.86 trillion, a 3.83% increase over the previous day.

NFL releases 2022 Draft ‘Virtual Ticket’ NFTs on Flow

The National Football League (NFL) has released Draft-themed NFT collectibles minted on Flow. Each of the league’s 32 teams is offering 52 NFTs that sell for $52 each. Each NFT is dubbed a “virtual commemorative ticket” for the NFL Draft. However, it does not serve as an actual access pass to the live event in Las Vegas.

Abu Dhabi licenses Kraken to operate crypto exchange

Abu Dhabi Global Market (ADGM) has licensed the Kraken Group to operate a regulated virtual asset exchange platform in the financial-free zone. Kraken is the first global virtual assets exchange group in the United Arab Emirates to receive a full financial license from the ADGM. The Kraken MENA (Middle East & North Africa) aims to provide access to virtual assets through regulated funding, trading, and custodial services in dirhams.

Central African Republic passes bill legalizing use of crypto

The Central African Republic has passed a law to accept Bitcoin as legal tender. As per reports, the law was unanimously supported by the National Assembly to assist the country’s economic recovery and peacebuilding efforts. However, experts still believe Bitcoin and other cryptos are too volatile to function as legal tender in modern economies.

Crypto prices today: Bitcoin down 0.2%, ETH falls 1.3%

Bitcoin is currently trading at $42,123.49, a 0.2% decline over the previous day. Ethereum is down 1.3% over the last 24 hours to $2,948.6. Solana rose 1.14% to $91.34, while Cardano is trading higher by 3.3% at $0.968. Meanwhile, Polkadot (DOT) rose 3.18% to $20.34. The global crypto market cap stands at $1.91 trillion, a 0.03% decline over the previous day.

El Salvador postpones Bitcoin Bond due to unfavorable crypto market

El Salvador’s Finance Minister, Alejandro Zelaya, announced that the country has postponed the issue of its Bitcoin-backed bond. It is waiting for crypto market conditions to improve. The government initially planned to issue $1 billion in bonds to investors between March 15 and March 20. They intend to convert $500 million into Bitcoin and use the other $500 million for infrastructure and Bitcoin mining.

NFL bans promotions on crypto, token deals

The National Football League (NFL) announced it will allow teams to seek limited three-year sponsorships from blockchain companies. However, the league introduced a ban on promotions featuring a crypto coin or token. The NFL has decided to allow promotional relationships with blockchain companies like Crypto.com, Coinbase, and FTX due to the growing popularity of crypto, NFTs.

Avalanche announces new ‘Core’ wallet at AVAX Summit

Avalanche announced it will launch its own wallet application called Core and add a Bitcoin bridging functionality. The two initiatives aim to simplify the user experience and bring more assets into the Avalanche ecosystem. Core will be a curated Web3 operating system that combines secure wallet architecture with technology not found in any other wallets. The announcements were made at the Avalanche Summit in Barcelona on Tuesday.