Connect with us

Crypto News

Former Member of the European Parliament hosts $100k buy-in tournament on Coin Poker

Tony G hosts $100k buy-in tournament on Coin Poker

Published

on

Crypto-based online poker platform, Coin Poker, has announced that it will host a $100,000 buy-in tournament as it begins to attract more high-rollers.

Coin Poker, which is backed by famous politician and poker player Antanas Guoga, Former Member of the European Parliament also known as Tony G, featured the largest online poker pot of all time last week, with $1.8 million being chopped between Leon Tsoukernik and Tony G himself.

According to a recent announcement, the tournament will take place on January 27 and will feature unlimited re-buys during the late registration period.

🥁 We are ready to roll 🥁#BiggestPokerEvent is happening on CoinPoker on Thursday, 27th January. 🎊

Advertisement

🔥 $ 100,000 buy-in No limit Hold ‘Em
🔥 Hosted by @TonyGuoga

👉 Register now : https://t.co/4xiGYBKwdQ

👀 the magic of #pokeronline

Follow us for all the updates pic.twitter.com/MSDIxhZlHw

— CoinPoker (@CoinPoker_OFF) January 24, 2022

Advertisement

There is no specified guarantee for the tournament. However, in light of the recent high stakes action on the platform it wouldn’t be a surprise to see it reach the $5 million mark.

Coin Poker is platform that enables users to deposit and play poker using cryptocurrencies as it bridges the gap between the two industries.

It also has a native token, CHP, which currently has a market capitalisation $11.3 million having launched in March, 2018.

If this high roller event is dubbed a success, it may act as a catalyst for more crypto-based online games as crypto investors seek some excitement in light of the recent market downturn.

Advertisement

Crypto News

Algorand Has Appointed JPMorgan high-flyer Staci Warden As Its New CEO.

Algorand appoints new CEO Staci Warden

Published

on

By

Warden has been a member of the Algorand Foundation Board since September 2021 following a glittering career with JPMorgan, the Nasdaq stock exchange, and the US Treasury Department.

Algorand is actively targeting ecosystem growth in niches such as global crypto payment platforms, DeFi and NFTs. It is hoped Warden’s appointment will catalyse this expansion.

Speaking on the ALGO appointment, Staci Warden highlighted opportunities in the developing world alongside a commitment to the future of DeFi.

“I am excited to build on everything the Foundation has achieved to date, and will be focused on scaling our commitment to our community and our global partners,” she said.

Advertisement

“1.7 billion people in the world do not have access to finance, and the Algorand protocol has the speed, the security, and the decentralisation to address the problem of global financial inclusion at scale.

“By both ratcheting up our global ambitions as well as doubling down on our commitment to the DeFi ecosystem, I know that we will deliver tremendous value for both the Algorand ecosystem as a whole and the end-users it supports.”


The appointment of a new CEO marks an end to the leadership of outgoing Algorand CEO Sean Lee.

Lee served as CEO of the blockchain for 18 months and played a pivotal role in cementing Algorand’s market position throughout the sensational explosion in crypto markets in 2021.

During his time at the helm of Algorand, Lee prioritised community governance and sewed the seeds for the future of the ALGO ecosystem through the Accelerated Vesting program and launch of Viridis and Aeneas DeFi funding programs.

Advertisement

Commenting on his departure, Lee revealed he will be moving on to other projects in the crypto industry.

“I’ve decided to leave the Algorand Foundation to pursue new opportunities in the blockchain space,” said Lee.

“Seeing the transformative potential of the applications being built on Algorand, now is the time for me to explore those avenues.

“I have deep confidence in Staci’s ability to lead the Algorand Foundation and the Algorand ecosystem through its next growth phase.”

Advertisement
Continue Reading

Crypto News

Manchester United selects Tezos as official blockchain partner

Manchester United selects Tezos as official blockchain partner

Published

on

By

Manchester United has today announced a landmark multi-year partnership that will see Tezos featured on the Club’s range of men’s and women’s training kits.

Tezos-branded training kit will be worn by the first team squad prior to this weekend’s match against Southampton, introducing Manchester United fans to the partnership and Web3 technology through the Tezos blockchain.

Victoria Timpson, Manchester United’s CEO of Alliances and Partnerships, said it was an exciting partnership for Manchester United “because it aligns us with one of the most advanced, reliable and sustainable blockchains in an area of technology which promises to truly revolutionise the way that everyone, including the club and our fans, can interact”.

“We are especially pleased to be partnering with one of the most eco-friendly blockchains, using technology that is energy-efficient, limits carbon emissions and lowers costs, consistent with the Club’s wider efforts to promote environmental sustainability,” she said.

Advertisement

“Partnerships are at the core of our strength as a club, supporting the drive for success on the pitch, and we are delighted to welcome Tezos as the latest industry leader to join our family of partners.”

Edward Adlard, Head of Adoption and Business Development, Tezos Ecosystem added that, throughout its history, Manchester United had constantly evolved, with the support of its global community of fans and partners.

“Tezos will enable Manchester United to use blockchain and Web3 to transform fan, player, team, and partner engagement,” he said.

“The decision by the world’s greatest football club to select Tezos as its blockchain of choice is further validation that thoughtful design paired with strong security, low gas fees, and community-led innovation are the essential factors driving the next wave of adoption in the new digital revolution.”

In addition to the Tezos branding on the club’s training kit, the partnership will also include several new fan experiences built on the Tezos blockchain and a pledge to support Manchester United Foundation with ongoing donations in TEZ – the native currency of the Tezos blockchain – to train, educate and inspire young people within the local community.

Advertisement

Continue Reading

Crypto News

Shiba Inu Announces Virtual Real Estate on Shiberse Ecosystem

Shiba Inu Announces Virtual Real Estate on Shiberse Ecosystem

Published

on

By

In an attempt to enter the metaverse in 2022, the meme coin Shiba Inu has unfurled its virtual real estate ‘Shiba Lands’. The new realm of real estate will be available for public auction or purchase soon.

In this new venture, SHIB token holders can own a part of the Shiberse metaverse. Meanwhile, the meme coin has yet to confirm the advantages of owning the lands in its metaverse. So far, the project said that people owning land in Shiba Real Estate would gain a lot of benefits.

As tweeted by Watcher Guru, a media covering crypto news, Shiba Inu will declare the purchase period of virtual real estate soon.


To prevent high gas fees, which happened in the Shiboshi NFT launch 2021, the Shiberse ecosystem will create a queue system for its land release. The queue system can process the sale more smoothly and in a much fair manner for customers.

Advertisement

LEASH coin holders will get priority access to the queue in the first period of land release. Afterward, the queue will be open to the public.

Shiba Inu has stated in its blog ShibaSwap:

This queue allows exclusivity by requiring interested parties to hold “$LEASH“, which gives priority and exclusive access to this first selling phase of the land plots in our Metaverse. In addition to the queue, we also have worked on an anti-dump system in order to protect $LEASH holders. The remaining lands will then unlock, and become available for the public after this exclusive selling process finalizes.

To highlight, the Shiba Land properties will initially be auctioned. Here, users can bid their land and location soon after the project announces the date of auction.

Earlier, virtual platforms like Decentraland, Gala Games, Sandbox, and Axie Infinity had fixed their position in the metaverse. Now, Shiberse has marked its growth in the metaverse which plows for more competition among other meta platforms.

Advertisement

Despite being the latest entry to the metaverse, Shiba Inu has gained wide attention from investors who believe in its developing potential.

Continue Reading

Top posts

President Nayib Bukele Touts El Salvador As The ‘New Land Of The Free’ In Vintage Americana Poster Featuring Bitcoin As Legal Tender President Nayib Bukele Touts El Salvador As The ‘New Land Of The Free’ In Vintage Americana Poster Featuring Bitcoin As Legal Tender
american poster49 mins ago

President Nayib Bukele Touts El Salvador As The ‘New Land Of The Free’ In Vintage Americana Poster Featuring Bitcoin As Legal Tender

President Nayib Bukele is promoting El Salvador as the “new land of the free,” as part of an invitation for...

Binance Experiences Significant BTC, ETH, And Stablecoin Withdrawals Following CFTC Lawsuit Binance Experiences Significant BTC, ETH, And Stablecoin Withdrawals Following CFTC Lawsuit
Uncategorized3 hours ago

Binance Experiences Significant BTC, ETH, And Stablecoin Withdrawals Following CFTC Lawsuit

After the U.S. Commodity Futures Trading Commission sued Binance for alleged violations of trading and derivatives rules, a significant amount...

Ethereum suffers yet another weekly outflow, but how did BTC perform Ethereum suffers yet another weekly outflow, but how did BTC perform
Bitcoin7 hours ago

Ethereum suffers yet another weekly outflow, but how did BTC perform

Ethereum outflows were on the high side but Bitcoin shied away from a similar fate. Other altcoins joined the BTC...

ApeCoin community declines creation of multi-link APE NFTs, here’s why ApeCoin community declines creation of multi-link APE NFTs, here’s why
altcoin10 hours ago

ApeCoin community declines creation of multi-link APE NFTs, here’s why

The ApeCoin DAO is in the process of rejecting the AIP-206 proposal. Most of Yuga Labs’ collections registered a decrease...

Bitcoin surge brings new hope to miners after months of slumping profits Bitcoin surge brings new hope to miners after months of slumping profits
Bitcoin11 hours ago

Bitcoin surge brings new hope to miners after months of slumping profits

Increased block space demand on the BTC network has led to a rise in transaction fees. This has resulted in...

Cardano [ADA] bulls began to fight against the bearish trend but… Cardano [ADA] bulls began to fight against the bearish trend but…
ada price prediction12 hours ago

Cardano [ADA] bulls began to fight against the bearish trend but…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s...

The web3 gaming evolution – tokenomics, community, gambling & the future – SlateCast 57 The web3 gaming evolution – tokenomics, community, gambling & the future – SlateCast 57
Gaming12 hours ago

The web3 gaming evolution – tokenomics, community, gambling & the future – SlateCast 57

The web3 gaming evolution – tokenomics, community, gambling & the future – SlateCast 57 Liam ‘Akiba’ Wright · 47 seconds...

Binance calls CFTC charges ‘unexpected,’ says it will cooperate with regulators Binance calls CFTC charges ‘unexpected,’ says it will cooperate with regulators
Legal13 hours ago

Binance calls CFTC charges ‘unexpected,’ says it will cooperate with regulators

Binance calls CFTC charges ‘unexpected,’ says it will cooperate with regulators Mike Dalton · 36 mins ago · 2 min...

Osmosis outperforms Uniswap in active developers’ count; what’s next? Osmosis outperforms Uniswap in active developers’ count; what’s next?
altcoin13 hours ago

Osmosis outperforms Uniswap in active developers’ count; what’s next?

Osmosis outcompetes Uniswap in terms of the number of active developers on the network. Volume on the Osmosis DEX falls...

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund An Estimated $20B First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund An Estimated $20B
Acquisition13 hours ago

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund An Estimated $20B

According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens...

USDC is bouncing back with smart contract surge, here’s why USDC is bouncing back with smart contract surge, here’s why
altcoin13 hours ago

USDC is bouncing back with smart contract surge, here’s why

USDC experienced an increase in its supply of smart contracts, reaching a six-month high of 42.08%. USDC is more extensively...

New Kaspersky report finds 14% of crypto users don’t back up keys, seed phrases New Kaspersky report finds 14% of crypto users don’t back up keys, seed phrases
Analysis14 hours ago

New Kaspersky report finds 14% of crypto users don’t back up keys, seed phrases

New Kaspersky report finds 14% of crypto users don’t back up keys, seed phrases Dorian Batycka · 2 hours ago...

Binance-linked addresses plunge by over $1B following CFTC lawsuit Binance-linked addresses plunge by over $1B following CFTC lawsuit
Binance14 hours ago

Binance-linked addresses plunge by over $1B following CFTC lawsuit

Binance-linked addresses plunge by over $1B following CFTC lawsuit Oluwapelumi Adejumo · 2 hours ago · 2 min read with...

Liquidations main reason for crypto sell-off, small amounts of realized losses Liquidations main reason for crypto sell-off, small amounts of realized losses
liquidations15 hours ago

Liquidations main reason for crypto sell-off, small amounts of realized losses

Quick Take CFTC is suing Binace over the alleged breaking of trading and derivatives rules. This saw a sell-off in...

How to Change Your Diet as You Get Older How to Change Your Diet as You Get Older
Uncategorized16 hours ago

How to Change Your Diet as You Get Older

I have two aunts who are both approaching age 75.  For the purposes of this article, let’s call them Aunt...

Justin Sun’s US fraud charges could hamper Huobi’s license application in Hong Kong Justin Sun’s US fraud charges could hamper Huobi’s license application in Hong Kong
Featured16 hours ago

Justin Sun’s US fraud charges could hamper Huobi’s license application in Hong Kong

Justin Sun’s US fraud charges could hamper Huobi’s license application in Hong Kong Assad Jafri · 8 hours ago ·...

Serbian lawyers exposed for helping Do Kwon set up shell company post red notice Serbian lawyers exposed for helping Do Kwon set up shell company post red notice
Crime16 hours ago

Serbian lawyers exposed for helping Do Kwon set up shell company post red notice

Serbian lawyers exposed for helping Do Kwon set up shell company post red notice Samuel Wan · 8 hours ago...

Binance and CEO Changpeng Zhao Face Legal Action by U.S. CFTC For Alleged Derivatives Trading Violations Binance and CEO Changpeng Zhao Face Legal Action by U.S. CFTC For Alleged Derivatives Trading Violations
Binance18 hours ago

Binance and CEO Changpeng Zhao Face Legal Action by U.S. CFTC For Alleged Derivatives Trading Violations

Binance, one of the world’s largest cryptocurrency exchanges, has been facing regulatory concerns from authorities around the world. The exchange...

Trending