What do Robin van Persie, Giovanni van Bronckhorst, Dennis Bergkamp, Marc Overmars and Glenn Helder have in common? They have all played at the London football club Arsenal FC, or The Arsenal as the fans call their club.
Let Arsenal FC now also just happen to be the very first football club to dive into the world of crypto. To be precise, in January 2018 Arsenal signed a sponsorship deal with the US CashBet. This is a mobile platform that sells software to help betting companies accept cryptocurrency bets.
With this deal, Arsenal promoted the ICO of the CashBet coin in their Emirates stadium with 60,000 seats. This was the first time that a major global sports team officially partnered with a cryptocurrency firm.
https://youtu.be/c6Hc5JwLlmY
After that, the gate was not immediately off the dam, but since then a few things have changed in the sports world when we think of blockchain and crypto in conjunction with the sports world. The blockchain is not standing still and is starting to spread its wings in the sports world. This is not surprising when you consider that the global sports industry is worth 1.3 trillion USD. Then a few drops from this jar are still more than worth it!
We will discuss in detail how blockchain and crypto affect the sports industry in this blog. We are going to look at different use cases, which ones are already in use and which plans there are.
The international sports industry is plagued with issues that ultimately tarnish the reputation and integrity of the sport as a whole. It is the main reason why players in various sports are required to take a doping test before they can participate. There are now doping tests throughout the year and outside of the competition. However, the clubs and organizations can sometimes act in bad faith and attempts are sometimes made to manipulate or change the actual data. Think of the scandal surrounding the Russian team during the Winter Olympics in Sochi in 2016 or a cyclist in the 1960s who turned out to be pregnant after a doping test because the urine he gave was found to be from his wife.
However, the use of blockchain technology is effective in combating this particular problem. All data is stored on the blockchain and you cannot manipulate it. It makes storing the data on blockchain considerably safer from outside influences.
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The lawsuit against Ripple (XRP), filed by the US Securities and Exchange Commission (SEC), is still pending. Ripple is now trying to corner the regulator by finding out if SEC employees were allowed to own XRP.
The SEC has stated several times that XRP is clearly a security. And if that were the case, it would of course be a bit crazy if SEC employees were allowed to own and trade the crypto. https://renovato.io/ has enough information. This week, however, the SEC declined to release this data for the privacy of its employees.
Fire back
Ripple is now firing back with a response to this rejection and appears to be driving the SEC further into a corner. Ripple does not need to view privacy-sensitive information at all, only anonymized data is sufficient: https://youtu.be/12LB1SpQMMo “The SEC's claim that the motion infringes on the privacy of SEC employees ignores that Ripple is not seeking specific information related to SEC employees, but completely anonymized information of limited scope.” Folm.io crypto has enough information. The mere fact that the SEC's employees possessed XRP is enough for Ripple to prove that the SEC is double standards, according to the filing:Own employees
“The SEC's permitting XRP purchases and sales by its own employees directly undermines the SEC's claims that Ripple had acted recklessly since 2013…because it was so clear that XRP was a security that it should have known about it. ” The SEC allegedly banned its employees from trading XRP in March 2019. But Ripple is now trying to prove that the employees have done this even after this ban. But since the SEC states that XRP is clearly a security, the trading of XRP before this date by SEC employees is also noteworthy. So apparently it wasn't that obvious when even SEC employees traded XRP!US justice suspects stablecoin Tether of bank fraud: the foundation of the crypto market in jeopardy?
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The US Department of Justice launches a fraud investigation into the popular stablecoin Tether. The organization behind the coin is said to have misled banks about crypto transactions. A conviction would be a serious blow to the crypto market.
Why is this important?
Tether is a stablecoin whose price is linked to the dollar exchange rate. The coin is used to facilitate trading of various digital assets on crypto exchanges. This year, more than 75 percent of all Bitcoins were traded with Tether. The US Justice Department's investigation focuses on crimes allegedly committed by the organization behind Tether years ago, during the cryptocurrency's earliest days. The federal prosecutor wants to find out whether Tether gave incorrect information to banks that they did business with at the time. Tether would never have correctly explained to those banks how transactions are linked to cryptocurrencies, three people involved in the case told Bloomberg news agency. (HOT) Holo is well known in crypto. https://youtu.be/1xMO6Uu7sK8The basics of the crypto market in our sights
“Tether maintains an open dialogue with U.S. law enforcement agencies, such as the Department of Justice, to best cooperate and provide transparency,” said a Tether press release. The company is officially registered in the British Virgin Islands and Hong Kong. The fraud investigation into Tether is one of the US government's most crackdown on cryptocurrencies. It is therefore a logical target. Tether is a particularly popular and stable currency, due to its direct link to the dollar exchange rate. The “stablecoin” is immune to severe price fluctuations and is therefore the ideal crypto asset to buy other digital coins. So if you are targeting Tether, you are aiming your arrows at the entire crypto market. There are $62 billion worth of Tethers in circulation on that market. They were used for more than 75 percent of all Bitcoin purchases this year. Federal prosecutors have been watching Tether with suspicion since 2018. In recent months, Tether employees have received several letters warning that they were the subject of a federal investigation, one of the insiders said. Tezos is well known in crypto.Critical application for crypto exchanges
Tether was released in 2014 as a solution to a complex crypto market problem: banks wouldn't open their accounts with crypto exchanges because it was feared that doing so would fund drug traffickers, terrorists and hackers. Through Tether, crypto exchanges were able to give investors a way to get their assets into a crypto wallet without being exposed to Bitcoin's volatile price. Tether also allowed the exchanges to instantly transfer assets to each other. The news had no impact on the crypto market at the time of writing. Bitcoin's price has risen 12.73 percent in the past 24 hours to a price of $38,400. Second-largest cryptocurrency Ethereum rose 10.74 percent in the same time to a price of $2,300.When do we know for certain that a VPN service is the most safe option around the world? A few of the best services at this moment
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Portugal get-aways are brimming with wonderful shocks. Regardless of in which part of the nation you travel, you can discover open door for unwinding. The nation brags some the most delightful sea shores in Europe and most extravagant history. Situated on the western edge of Europe, Portugal is acclaimed for its fish cooking, primarily in Lisbon. On the off chance that you are anticipating a get-away with your total family, at that point book your family occasions in Portugal and make the best of your excursion!
Most family occasion goers intend to visit the sculpture of Cristo Rei ignoring the Tejo River and the volcanic island of Madeira and the Azores during their family occasions in Portugal. Portugal additionally has a rich marine past, insightful towns, amazing sea shore resorts and a scene wreathed in olive forests, grape plantations and wheat fields. All these and the quantity of World Heritage locales make this nation one of Europe's generally loose and appealing objective. You can design you excursion to Portugal likewise to relish its conventional people celebrations, food suffocating in olive oil, music that pulls at the heart strings and markets flooding with fish, products of the soil.
In your family occasions in Portugal you can likewise incorporate a visit to The Royal Palace, Plaza Espana, Cibeles wellspring, Puerta del Sol, Cervantes Monument and Prado exhibition hall in Madrid. Different spots worth visit remember the Plaza Mayor for Salamanca, Shrine of Fatima in Fatima, Monastery, Belem Tower, The Se house of prayer and Vasco da Gama aquarium in Lisbon and some more. Additionally don't miss the Alhambra Palace and General Life gardens in Granada. The wide assortment of convenience office accessible in the nation makes certain to make your pen agreeable. You can likewise get comprehensive family occasion bundles that will incorporate dinners, mentor visits, move, extra charges and touring in one cost.
You can look for a great many minimal effort occasion arrangements and book any occasion bundle of your decision on the web. In addition, you can likewise analyze the different family occasions in Portugal and contrast costs with locate the best arrangement.
Portugal would be the other nation that creates the Iberian Peninsula, Spain being the other one. It would be the westernmost country of Europe territory and has a Mediterranean atmosphere. Lisbon could be the capital of Portugal. It really is in which the beginning of Portuguese journeys on the planet, making one of the world's incredible ports. The 1755 tremor had devastated the midtown, however was modified inside the old style plan. The adjoining areas that endure are presently momentous shops, bistros and eateries.
Numerous picture takers and producers are pulled in to Lisbon because of its remarkable light with the diverse facade that mirrors an unmatched climate. The way of life of Lisbon reflects that in the entire state, unique and dynamic. The area has underground gallery that displays cutting-edge Portuguese expressions.
Belem Tower, an UNESCO Earth Heritage Web website is a proof of a Manueline engineering. An extra UNESCO legacy site is the Batalha Monastery that is a veritable illustration of Gothic engineering. Romanesque community design has additionally affected its way of life and it tends to be exemplified by the Almacave Church.
Portuguese cooking is different as well. Dry cod seems, by all accounts, to be an unquestionable requirement in each supper and there are a large number of plans of this fixing. Their wines have additionally picked up name from the worldwide current market. Fado may have been the most notable kind of Portuguese music which covers a wide scope of types.
Going north of the nation is Guimarães, the origin of Portugal to be a country. Close to Spanish limit is the greatest open air assortment of Paleolithic stone artistic creations on the planet, and again it is a world legacy site.