Connect with us

Cryptocurrency

Revolutionizing Finance: Unveiling The Implications, Considerations, And Opportunities Of Decentralized Finance And Accounting

Published

on


SiGMA celebrated a great first day of conference and expo with a gala evening for the SiGMA B2C gala awards. Held with the generous support of BetConstruct at the Hilton Malta, the night got off to a great start with entertainment from the Milan Gromilics Cabaret crew – a world-renowned dance act and an impressive acrobatic aerial act.

From surprise wins to crowd-pleasing results, the evening was one of excitement and good spirits, as the B2C crowd celebrated a lineup of industry movers and shakers well known for dedicating countless hours to perfecting their craft. Highly coveted titles include Best Mobile Sportsbook Provider, Best Affiliate Program of the Year, and Best Head of Affiliates 2023.

And the winners are:

INDUSTRY AMBASSADOR 2023 – Alex Riddick

BEST EAST EUROPE AFFILIATE 2023 – Alex Slobozhenko

BEST CASINO OPERATOR 2023 – BC.Game

BEST B2C MARKETING CAMPAIGN 2023 – Crocobet

BEST AFFILIATE SOFTWARE 2023 – MyAffiliates

BEST PPC AFFILIATE 2023 – Boomerang Media

BEST MEDIA 2023 – Focus Gaming News

BEST CASINO UX/UI 2023 – Lala.bet

RISING STAR AFFILIATE 2023 – Phoenix Apps

BEST SPORTSBOOK OPERATOR 2023 – 1xBet

BEST MOBILE SPORTSBOOK PROVIDER 2023 – Betby

BEST AFFILIATE PROGRAM 2023 – Mostbet Partners

BEST TRENDSETTER 2023 – Vlad Marlon

BEST HEAD OF AFFILIATES 2023 – Anastasia Vasilyeva (Megapari Partners)

RISING STAR OPERATOR 2023 – LEON

BEST SEO AFFILIATE 2023 – Iwa Solutions

BEST B2C ADVISOR 2023 – IGA

BEST AFFILIATE NETWORK 2023 – G.Partners

BEST ALTERNATIVE DISPUTE RESOLUTION 2023 – CasinoMeister

BEST BINGO AFFILIATE 2023 – MegaJogos

BEST AFFILIATE INFLUENCER 2023 – Ronald Lopes

BEST CENTRAL EUROPE AFFILIATE 2023 – Dreamlead.me

BEST CRYPTO CASINO 2023 – Bets.io

BEST SPORTSBOOK AFFILIATE 2023 – Gambling.com

BEST ESPORTS OPERATOR 2023 – GG.Bet

The ceremony brought things to a close with a nail biting art auction – with the 47k raised going towards projects supporting the SiGMA Foundation, the company’s philanthropic arm which was established to reflect the company’s commitment to supporting those in need around the world through fund-raising activities, education, and crucial skills to enable self-confidence and personal empowerment.

“In many facets of life one of the major stumbling blocks is finance. It makes the world go round. Yesterday we raised 80k from our first auction. Thank you to all contributors. More importantly than this, there was a common voice, they looked beyond the art. It isn’t about art. It’s about being involved, communally, to give a common voice to society, to breathe life into society and to be a voice to the underprivileged. We’re together in this. when the dust settles and the sun sets – what have we given back to the world?” Keith Marshall, SiGMA Foundation.

A striking black and white piece, Neverland, by Peter Seychell, which is described as where the real becomes surreal was up first – selling for E3500. Next up was a crowd favourite – a satirical painting of SiGMA’s CIS Director, Denis Dzyubenko. Sparking a bidding war, the painting sold for 15k.

Facial puppet by Maltese artist Mark Mallia went for 3,500, while a portrait of Napoleon by EDO was snapped up for 15k.

Last on the block was Afterparty by artist Sandra Kowalski sold for 10k.

2024: The road ahead for SiGMA Foundation

GLOW Campaign in Colombia

In 2024, the SiGMA Foundation will kick off the year with the GLOW Campaign in the Cartagena area of Northern Colombia. This initiative is dedicated to supporting children born with cleft lip and cleft palate deformities. Collaboration with the local NGO, Premium Care Kids, will empower these children by restoring their smiles and self-esteem. This is paired with the first SiGMA Foundation Lost City Trail, which takes place over four days.

Women Empowerment Project in Jimma Bonga, Ethiopia

The Foundation initiated a Women Empowerment Project in Jimma Bonga, Ethiopia. This project focuses on providing opportunities for women in disadvantaged regions, offering training in IT, cookery, sewing, and hairdressing to address limited access to education and economic opportunities.

Mount Toubkal Expedition

A second Mount Toubkal expedition is planned for May 2024, offering thrill-seekers the opportunity to challenge themselves in a unique African mountain environment.

Camino de Santiago Expeditions 

The Foundation will continue to organise Camino de Santiago expeditions, including a Camino group and a new Ingles route group in September 2024.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Cryptocurrency

Cryptocurrency Market Update: Bitcoin Slips Below $70,000 Amidst High Liquidation

Published

on

By

In a swift turn of events, Bitcoin (BTC), the pioneering cryptocurrency, dropped below the $70,000 threshold early on Wednesday following a wave of investor sell-offs. Just a day prior, Bitcoin had crossed the $71,000 mark, but market sentiment swiftly shifted, dragging other major altcoins—including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC)—into the red zone.

According to CoinMarketCap data, the overall Market Fear & Greed Index stood at 75 (Greed) out of 100, indicating a mix of optimism and apprehension among traders. Notably, the Bittensor (TAO) token emerged as the top gainer with a remarkable 24-hour surge of over 7 percent, while dogwifhat (WIF) experienced the largest loss, plummeting nearly 16 percent.

Bitcoin (BTC) Price Update Bitcoin’s price tumbled to $69,089.01, marking a 24-hour dip of 3.05 percent, as reported by CoinMarketCap. On the Indian exchange WazirX, BTC was priced at Rs 60.93 lakh.

Other Major Cryptocurrencies Ethereum (ETH) saw a 24-hour loss of 4.81 percent, trading at $3,508.86, while Dogecoin (DOGE) registered a dip of 5.59 percent, currently priced at $0.1879. Litecoin (LTC) and Ripple (XRP) also experienced losses, with Solana (SOL) marking a 24-hour loss of 3.44 percent.

Top Gainers and Losers Bittensor (TAO) led the pack of gainers with a 7.30 percent surge, while dogwifhat (WIF) suffered the most significant loss, dropping by 15.58 percent.

Market Analysis and Expert Insights Experts weighed in on the market scenario, attributing Bitcoin’s downturn to heightened liquidations and cautious sentiment ahead of the upcoming US CPI data release. While Bitcoin’s immediate support rests at $67,700, resistance is expected at $70,400. Ethereum proponents face challenges amid hopes for an ETF approval, with the SEC providing limited updates on the matter.

Final Thoughts The cryptocurrency market remains highly dynamic, with prices fluctuating rapidly and investor sentiment playing a pivotal role. As the market navigates through volatility, it’s essential for investors to stay informed, exercise caution, and seek expert advice before making any investment decisions.

Continue Reading

Cryptocurrency

Cryptocurrency: A Scapegoat for Foreign Policy Failures?

Published

on

By

Cryptocurrency has once again found itself at the center of a heated debate, this time regarding its alleged role in facilitating illicit activities and circumventing sanctions imposed by the United States. The Biden administration, in particular, has come under scrutiny for its handling of the issue, with some accusing it of using digital assets as a convenient scapegoat for broader foreign policy shortcomings.

In a recent hearing before the Senate Banking Committee, Deputy Treasury Secretary Wally Adeyemo raised concerns about the misuse of cryptocurrencies by foreign adversaries such as Iran, Russia, North Korea, and militant groups like Hamas. Adeyemo’s remarks underscored a growing unease within the U.S. government regarding the potential national security implications of unregulated digital currencies.

However, voices from within the cryptocurrency industry and Congress have pushed back against the administration’s narrative. Faryar Shirzad, Chief Policy Officer at Coinbase, one of the leading cryptocurrency exchanges, pointed out that the prevalence of illicit activity in the crypto space is relatively low compared to traditional finance. Instead of demonizing cryptocurrencies, Shirzad argued, the focus should be on targeting bad actors operating offshore.

Senator Tim Scott, the ranking Republican on the Senate Banking Committee, echoed these sentiments, accusing the Biden administration of using digital assets as a distraction from its failure to effectively combat financial flows to sanctioned entities. Scott’s criticism reflects broader skepticism among some lawmakers about the government’s approach to regulating cryptocurrencies.

One area of potential agreement between the Biden administration and the cryptocurrency industry is the need for clearer regulations governing stablecoins, a type of digital asset pegged to a fiat currency like the U.S. dollar. Both sides recognize the importance of addressing the potential risks associated with stablecoin issuance and usage, particularly in the context of national security and financial stability.

The debate over stablecoins has intensified following reports of their alleged role in facilitating illicit transactions, including those linked to Russia’s war effort in Ukraine. The Treasury Department has called for increased oversight of stablecoin issuers and transactions, while also advocating for legislation that would subject them to stricter regulatory standards.

Despite the contentious nature of the discussion, there are signs of bipartisan cooperation on certain aspects of cryptocurrency regulation. A bipartisan bill addressing stablecoin regulation passed the House Financial Services Committee last year, signaling a potential path forward for legislative action in this area.

As the debate over cryptocurrency regulation continues to unfold, it is clear that finding the right balance between innovation and security will be paramount. While concerns about illicit activity and national security must be addressed, policymakers must also recognize the potential benefits of cryptocurrencies in fostering financial inclusion and technological advancement.

Ultimately, the resolution of these issues will require thoughtful collaboration between government officials, industry stakeholders, and lawmakers to develop a regulatory framework that promotes innovation while safeguarding against misuse. Only through constructive dialogue and cooperation can we ensure that cryptocurrencies fulfill their potential as a force for positive change in the global economy.

Continue Reading

Cryptocurrency

Bitcoin Resurgence: Why Wall Street Is Embracing the Crypto Revolution

Published

on

By

Andrew Pratt of Wiser Wealth Management in Marietta, Ga., finds little resistance as he proposes Bitcoin investments to his firm’s committee. With Bitcoin surging 140% in the past year and backed by giants like BlackRock, skepticism has waned. Pratt sees the potential to allocate a modest 1% of client portfolios to Bitcoin, acknowledging the limited downside risk compared to potential gains.

The debate over Bitcoin’s intrinsic value seems to have lost its relevance amidst its soaring market performance. Once dismissed, Bitcoin now boasts a market value of $1.3 trillion, driving the total crypto market to $2.5 trillion. Wall Street, once wary, now views cryptocurrency as an opportunity for profit rather than a speculative venture.

Despite lingering doubts about Bitcoin’s utility beyond speculation, Wall Street executives are increasingly supportive. BlackRock’s CEO, Larry Fink, notably reversed his stance, endorsing Bitcoin’s long-term prospects and championing the iShares Bitcoin Trust, now one of the largest Bitcoin ETFs with nearly $18 billion in assets.

While skepticism persists about Bitcoin’s status as a real asset or currency, its growing acceptance on Wall Street underscores the evolving landscape of finance. As institutions embrace cryptocurrencies, Bitcoin’s journey from pariah to portfolio asset highlights the transformative power of digital assets in reshaping traditional investment strategies.

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.