Did an institution just invest $1.17 billion in bitcoin (BTC)? It sure looks so judging by three crypto transactions moving massive amounts of BTC from a wallet held by Coinbase Pro, to an anonymous bitcoin wallet.

The post Whale moves $1.17 billion in BTC out of Coinbase as U.S. inflation soars appeared first on CryptoSlate.

82.6% of the companies included in our analysis recruited for a data analytics related position in February.

The post Data analytics hiring levels in the medical industry rose in February 2022 appeared first on Medical Device Network.

Find out why the “pay for post” method of influencer partnership is often ineffective and check out a more beneficial approach to marketing with influencers.

The post Influencer Marketing Without the Guesswork first appeared on Ecwid | E-Commerce Shopping Cart.

Kraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents in almost a decade and will also include those withheld from Russian traders in the first half of 2022. Kraken Exchange to Give $1,000 in […]

A type of fundraiser in which a company sells a new cryptocurrency is known as an initial coin offering (ICO). In exchange for their financial contributions, investors receive cryptocurrency. In many ways, an ICO is the cryptocurrency equivalent of a stock exchange initial public offering (IPO) While ICOs have the potential to make a lot of money, their lack of regulation makes them extremely dangerous. ICOs are a quick and efficient way for start-ups to raise capital. If you can figure out which cryptocurrency is a good investment, you can make a lot of money. What if you had an idea for a new cryptocurrency system that you could fundraise for without giving up any ownership in your business? Let’s call it DenCoin for the time being. The only issue is that you need people’s money to create the currency. Then there comes the initial coin offering. Here’s how it works. You create a document outlining exactly how the system would function (typically referred to as a white paper), design a nice website, and explain why it’s a great idea that could be very useful. Then you ask people to send you money (usually Bitcoin or Ether, but you can also accept fiat) in exchange for DenCoin – they hope that DenCoin will be widely used and in high circulation, increasing the currency’s value. How do initial coin offerings (ICOs) work? When a company decides to hold an ICO, the date, rules, and purchasing procedure are announced ahead of time. Typically, the purchasing process entails sending funds to a specific cryptocurrency wallet address. To receive the cryptocurrency that they have purchased, investors must provide their own recipient address. The majority of ICOs require investors to pay with another cryptocurrency, the most popular of which are Bitcoin and Ether. Sometimes projects announce themselves on the Bitcoin talk forum under the altcoins section. From there on, they dissipate the information regarding the ICO and lure the attention of early investors. The number of tokens sold and the token price during an ICO can be fixed or variable. Here are a few examples of how this can be accomplished: A fixed number of tokens and a fixed price: Both of these are determined in advance by the company, for example, by offering one million tokens at a price of $1 per token. There are a limited number of tokens available at a variable price: Based on the amount of money received, the company sells a fixed number of tokens at a fixed price. More funding results in a higher token price. If one million tokens are sold and $2 million is raised, each token will cost $2. A fixed price and a variable number of tokens: The company establishes a fixed price but does not limit the number of tokens sold. Assume a company sells tokens at $0.50 each until the ICO is over. Anyone can launch an initial coin offering (ICO). Because of the low barrier to entry, this process is used to launch a large number of new types of cryptocurrency. The History and Evolution of Initial Coin Offerings MaterCoin was the first initial coin offering (ICO) in the cryptocurrency space, held in August 2013. They ended up collecting $600,000 USD in bitcoins after announcing themselves on the Bitcoin form. Ether became the second ICO in this space in June 2014. At the time, it received 31.5K BTC (bitcoins) in exchange for Ether (ETH). How to start your own ICO? There is a lot more that goes into the ICO process in order to successfully raise funds. The most important aspect is to have a cryptocurrency project that people want to support. You should also consider how the cryptocurrency you launch will fit into the larger scheme of things. A whitepaper outlining your project, roadmap, and short- and long-term objectives. Conduct market research on other ICOs on a website before launching a social media marketing campaign to establish a social media presence. Challenges of ICOs Some ICOs are done solely for the purpose of luring money from investors, which is then dumped into major coins like BTC/ETH to make profits for themselves. Many ICOs operate in very shady or non-transparent ways. If you can keep yourself updated and assess an ICO properly, you can certainly get a piece of such gem pies. Which is better: IPO or ICO? The primary distinction between ICOs and initial public offerings (IPOs) is that IPOs involve the sale of securities and are subject to much stricter regulations. To conduct an IPO, a company must file a registration statement with the Securities and Exchange Commission and obtain its approval. A prospectus containing financial statements and potential risk factors should be included with the registration statement. An initial coin offering (ICO) is the sale of a cryptocurrency rather … Continued

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Ethereum 2.0 has over $26 billion worth of ETH in its deposit contract leading up to the chain's full upgrade this year.

Poker player Gal Yifrach has been charged by federal authorities with conducting an illegal gambling business and money laundering, according to a newly unsealed indictment. The Israeli-born World Series of Poker bracelet winner is alleged to have run an illegal slots operation in his home state of California with co-defendants Shalom Ifrah and Nick Shkolnik. […]

The post WSOP Bracelet Winner Gal Yifrach Charged with Illegal Gambling, Money Laundering appeared first on Casino.org.

A Dutch court has overturned a decision to fine EA the equivalent of $11 million for failing to remove loot boxes from its FIFA games.The original judgment in October 2020 that oversaw a lengthy court case between EA and the Netherlands Gaming Authority resulted in the game publisher being dealt a hefty fine of $550,000 for every week that it continued to sell loot boxes in its FIFA Ultimate Team mode.

That mode was judged to be in violation of gambling rules and had a maximum penalty of $11 million, which then saw EA challenge the verdict and appeal its case to the highest court in The Netherlands. The Dutch apex court ruled that the previous finding was an "unjustified penalty," meaning that EA no longer has to pay the fine.

With this ruling, the current legal precedent set under Dutch gambling laws is that a gaming license will only be needed if game-of-chance elements form a standalone activity, similar to how a slot machine works. According to new findings spotted by VGC, loot boxes in Ultimate Team don't fall under the game-of-chance rules because they help form a "broader game of skill" in Ultimate Team Mode.

"While packs cannot be opened while playing matches and quests, they can be opened in the same FUT mode," the ruling explained. "The fact that the packs are opened separately from the match or in-game task does not make it a separate game. Because the packs are not a stand-alone game, they are not a game of chance and do not require a license. Therefore, the publisher did not violate the Betting and Gaming Act and the Games of Chance Authority should not have imposed a penalty payment on the publisher."

This isn't the first court case around loot boxes that EA has won lately, as a class-action lawsuit over the use of those gameplay elements in FIFA, Madden, and NHL was ultimately dropped. The suit alleged that EA had adjusted the winning odds in Ultimate Team player packs so as to push players to purchase more packs, but after the company provided a detailed look at how its patented Dynamic Difficulty Adjustment technology worked, the plaintiffs dismissed the case.

In other soccer-related news, EA announced last week that it would be removing all Russian teams from its current FIFA and NHL games, as a response to Russia's ongoing invasion of Ukraine. The future of the series' name is also in doubt, as recent reports have suggested that EA is ready to terminate its partnership with FIFA.

Describing the complex world of bonds with two distinct voices to set the stage for explaining why bitcoin is critical portfolio insurance.

US President Joe Biden signed an executive order instructing federal agencies to prepare a…

The post Highlights March 10: AVAX leads major cryptos’ slide, US markets surge appeared first on Coin Journal.

The development of automotive sensors cannot take place in isolation from the overall system.

The post Virtual Testing Of Automotive Sensor Systems appeared first on Semiconductor Engineering.

PRESS RELEASE. Recently, blockchain payments startup Basqet announced the launch of its cryptocurrency payments gateway which will allow businesses to accept Bitcoin and other cryptocurrencies as payment. Basqet said it is launching a public beta and will be going live with 118 businesses already signed up to start accepting payments in Bitcoin and several […]