Blockchain
Gleec Unveils Strategic Partnership with Buggyra
The blockchain and finance focused company has partnered with the racing team to collaborate on Gaming, NFT projects and more.
Tallinn, Estonia–(Newsfile Corp. – March 22, 2022) – The collaboration with Buggyra marks Gleec’s first venture inside two different universes, automotive and gaming. The partnership will be presented across all Buggyra competitions and on Gleec’s Racing Game platform. In the works is an online GrandPrix competition, and live-streamed by gaming world stars Febiven and Esmania. The Buggyra team also plans to introduce an NFT digital collection on the GLEEC blockchain.
The Gleec logo now stamps Buggyra team cars.
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The partnership was not a random decision. The two companies share a commitment to the environment, technology development, and excellence in their areas of expertise. While Gleec has an accomplished track record within the cryptocurrency space, gaining prominence with their ecosystem enabled by blockchain and the progressive stance on digital asset adoption, Buggyra is among the world’s leading racing operators.
The collaboration can already be seen on the race tracks.
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According to a statement released by the racing team principal, Martin Koloc, the future of the partnership is promising. “Buggyra and GLEEC are both striving for constant progress and development. Both brands also have the same philosophy about environmental protection. Apart from that, GLEEC and its NFT can help us to communicate with our ever-expanding Facebook community. We’re glad that we were able to find a partner with the same philosophy and we believe in long and successful cooperation.”
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About Gleec
Gleec is a comprehensive ecosystem focused on blockchain technology, crypto and finance with a range of integrated products and services. The company started in 2014 with the idea that technology is for anyone, anywhere. Today Gleec offers a trusted and easy-to-use platform with crypto-friendly debit Visa cards, exchange, its own native coin, digital IBAN banking, DeFi and more. As the mainstream crypto adoption happens and the boundaries between fiat and crypto become blurred the necessity for real-life solutions grows. Gleec is building a range of integrated products and services to fulfill the demand and contribute to the evolution.
Website: https://gleec.com
Telegram: https://t.me/officialgleecoin
Twitter: https://twitter.com/GleecOfficial
Tiktok: https://www.tiktok.com/@gle.ec?lang=en
Instagram: https://www.instagram.com/gleecofficial/?hl=pt
Linkedin: https://www.linkedin.com/company/gleec/about/
About Buggyra ZM Racing
A team with 50 years of heritage and among the world leading racing structures with its own Technology Centers in Dubai (UAE), the Czech Republic and Spain. Buggyra ZM Racing started to gain success and raise attention after participating in European, Chinese and Indian championships. The team also counts for six world speed records. Currently, Buggyra ZM Racing competes in GT and Formula series in addition to truck racing and cross country rallying. Buggyra ZM Racing will expand its worldwide racing program to field two cars in the NASCAR Whelen Euro Series (NWES) in 2022.
Facebook: https://www.facebook.com/BUGGYRA/
Instagram: https://www.instagram.com/buggyra_racing/
Flickr: https://www.flickr.com/photos/buggyramedia/
Youtube: https://www.youtube.com/user/BUGGYRAbrand
Twitter: https://twitter.com/buggyra_racing
Linkedin: https://www.linkedin.com/company/buggyra-racing
Tiktok: https://www.tiktok.com/@buggyra
Contact:
Gleec Holding
[email protected]
+372 880 8000
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117623
Blockchain
Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety
The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.
The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.
Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.
Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.
Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.
Source: blockchain.news
The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.
Blockchain
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.
The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.
Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.
The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.
In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.
Source: blockchain.news
The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.
Blockchain
Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development
The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.
Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.
By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.
Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.
The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.
Source: cryptonews.com
The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.
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