News Explorer — Web3 Fantasy Sports Platform Sorare Adds Fiat Payment Option

Generated by AI, curated by humans

Jul 31, 11:00 am

Coindesk

Web3 Fantasy Sports Platform Sorare Adds Fiat Payment Option

Web3 fantasy sports company Sorare has introduced support for fiat payments, allowing users to pay in U.S. dollars, euros, and British pounds instead of Ether (ETH). This move aims to eliminate one of the main barriers to entry and attract more users to the platform, which already has over 4 million registered managers.

Web3 fantasy sports company Sorare has introduced support for fiat payments, allowing users to pay in U.S. dollars, euros, and British pounds instead of Ether (ETH). This move aims to eliminate one of the main barriers to entry and attract more users to the platform, which already has over 4 million registered managers.

Latest

Jun 18, 9:02 pm

Decrypt

Celsius Founder Alex Mashinsky Gets Another Major Ban After Massive Crypto Fraud

The CFTC has permanently banned Celsius founder Alex Mashinsky from trading in regulated markets due to securities and c... Read Summary

Jun 18, 8:52 pm

Decrypt

As Quantum Threat Comes for Bitcoin, Algorand Reveals Its Own Resistance Roadmap

The Algorand Foundation plans to make its blockchain quantum-resistant by the end of 2027, upgrading user accounts and n... Read Summary

Jun 18, 8:16 pm

Decrypt

Another Ethereum Foundation Leader Departs After Vitalik Buterin Signals Changes

Hsiao-Wei Wang, co-director at the Ethereum Foundation, announced her immediate departure, following a sabbatical and th... Read Summary

Jun 18, 7:26 pm

Decrypt

MiCA Regulation Deadline Prompts European Crypto Firms to Obtain Licenses

The European crypto industry is facing a shakeout as the transition period for MiCA regulation ends on July 1, requiring... Read Summary

Jun 18, 7:05 pm

Decrypt

Bitcoin Miner HIVE Sees Share Spike After $220 Million AI Deal

HIVE Digital Technologies secured a $220 million GPU cloud contract with Bell Canada and Cohere, involving 2,304 NVIDIA... Read Summary

Jun 18, 6:01 pm

Decrypt

Bitcoin Giant Strategy's STRC Falls to All-Time Low—Here's Why

Strategy's flagship preferred stock, Stretch (STRC), experienced a dip to an all-time low but showed a partial recovery.... Read Summary

Jun 18, 5:23 pm

Decrypt

Bitcoin, Ethereum Traders Grow More Pessimistic Following Fed's Hawkish Tone

Bitcoin and Ethereum traders are growing more pessimistic about future price movements due to a recent hawkish tone from... Read Summary

Jun 18, 3:48 pm

Decrypt

Normies Invested in Bitcoin Giant Strategy's STRC, But Now It's Falling Fast

Emery Redenius, a retired technician, invested over $400,000 in STRC and SATA preferred stocks, attracted by their tax-d... Read Summary

Jun 18, 3:33 pm

Decrypt

Federal Reserve Sets Out Proposed Customer ID Rules for Stablecoin Issuers

The Federal Reserve, along with other U.S. government agencies, has proposed a rulemaking to regulate how American crypt... Read Summary

Jun 18, 12:29 pm

Decrypt

Ireland's Crackdown on Financial Crime Includes Measures to Safeguard Crypto Assets

Ireland's new National Risk Assessment highlights the misuse of crypto-assets as a growing threat, prompting a 30-point... Read Summary

Jun 18, 11:20 am

Decrypt

CME Group to Challenge CFTC's Approval of Crypto Perps Classification

CME Group plans to sue the Commodity Futures Trading Commission over its approval of crypto perpetual futures, arguing t... Read Summary

Jun 17, 9:25 pm

Decrypt

FTX Customers Anticipate Higher Recoveries as SpaceX Shares Soar

Customers affected by FTX's collapse are monitoring SpaceX's post-IPO performance, hoping for increased recoveries from... Read Summary

Jun 17, 8:30 pm

Coindesk

Fidelity, State Street Enter Stablecoin Market With Compliant Reserve Management Funds

Fidelity Investments is launching the Fidelity Reserves Digital Fund, compliant with the GENIUS Act, to cater to stablec... Read Summary

Jun 17, 7:17 pm

Decrypt

Trace Finance Raises $32 Million to Expand Its Cross-Border Stablecoin Tech

Trace Finance, a financial infrastructure company facilitating cross-border transactions, secured $32 million in a Serie... Read Summary

Jun 17, 6:31 pm

Decrypt

Satori Finance to Shut Down as Crypto Bear Market Claims Another Victim

Satori Finance, a decentralized perpetual futures exchange funded by Coinbase Ventures and Jump Capital, is shutting dow... Read Summary