Football NFT platform Sorare raises $680m in Series B funding round September 21, 2021 Sorare, an NFT-based fantasy football game, has raised $680m (£497m) in Europe’s biggest ever Series B funding round. On the Sorare platform users buy, sell and exchange digital football cards, representing players, to build a fantasy team. Each card is an NFT meaning that it is unique and ownership is verifiable on a blockchain. “Sorare’s [...]
Small supplier Green eyes insolvency advisors as energy crisis bites September 21, 2021 Small energy supplier Green could be the next firm to go under amid rising costs as it is reportedly lining up insolvency advisors. It comes as the government decided against stepping in to help buoy struggling firms that are failing to keep up with surging prices for electricity and gas. Green’s collapse, which could happen [...]
Hong Kong Racing Tips: Take a chance on Transcendent swooping late in finale September 21, 2021 MANY of the punters at Happy Valley on Wednesday will nominate top-weight Decisive Twelve as their banker bet of the meeting, when the Chris So-trained five-year-old lines-up in the finale, the Cooper Handicap (3.50pm) over six furlongs. The Australian bred gelding was the easiest winner of the meeting, when dashing clear of his rivals over [...]
Hong Kong Racing Tips: Low draw can prove the key for progressive Fire September 21, 2021 IT LOOKS as if the gods of fortune have smiled on highly progressive galloper HARMONY FIRE, who has an all-important low-draw number in the Clementi Handicap (2.45pm) over five furlongs at Happy Valley. The action takes place on the infamous ‘C+3’ course, where the width of the track is only around the length of a cricket [...]
Entain’s share price jumps 18 per cent following takeover proposal September 21, 2021 Ladbrokes owner Entain’s shares soared late yesterday afternoon after revealing it had received a takeover inquiry from American betting giant DraftKings. Entain plc, a FTSE100 company and one of the world’s largest sports-betting and gaming groups, saw its shares surge by 18.04 per cent to 2,261.00 GBX. Before news of the deal broke, Entain’s enterprise value was [...]
Aviation bosses warn UK sector is falling behind European competitors due to hotel quarantine rules September 21, 2021 Aviation bosses have today warned that the UK’s airlines and airports are falling behind European competitors due to stricter government travel rules. Heathrow Airport chief executive John Holland-Kaye told MPs that “the UK aviation sector will go from one of the strongest in the world to one of the weakest in the world” post-Covid due [...]
Uber on track to hit profitability this quarter after decade-long journey September 21, 2021 Uber has said it is on course to post its first-ever profit – on an adjusted basis – in the current quarter, beating expectations as food delivery continues to surge and ride hailing recovers from pandemic lows. Shares in the company were up around 8 per cent in early trading today after the company projected [...]
The paradox of fashion NFTs September 21, 2021 Brands should carefully weigh up NFT opportunities before jumping on the bandwagon, says Crypto AM columnist Stefania Barbaglio.
BoJo vs Bezos: Boris Johnson challenges Amazon’s tax record during meeting in NYC September 21, 2021 Boris Johnson discussed the issue of taxation at a New York meeting with Amazon-founder Jeff Bezos. A Downing Street spokesperson confirmed the news, saying that “the prime minister raised the issue of taxation, and hoped progress could be in implementing the G7 agreement on tax,” during a meeting yesterday. Reportedly the Prime Minister pushed for multinational tech companies [...]
Avalanche’s Vee Finance loses $35m in exploit September 21, 2021 Vee Finance has confirmed an attacker exploited its network for $35m (£25.6m) taking 8,805 ETH ($26.6m) and 214 BTC ($9.2m). Vee Finance is a cross chain lending platform which provides a bridge between blockchains. The platform is built on the ultra-fast Avalanche blockchain to provide users with high speeds and low transaction costs. “We are [...]