The grocery store is one of the largest companies in Ukraine with over 111 stores across 28 cities in the country. The company said that this partnership will allow its customers to access instant cryptocurrency payments and fast delivery in 9 cities in Ukraine, namely; Kyiv, Dnipro, Kamianske, Kryvyi Rih, Zaporizhzhia, Brovary, Nikopol, Vyshhorod, and Pavlograd.Continue Reading on Coin Telegraph More
The company said that the funding is expected to boost the development of LootMogul’s metaverse focused on sports games, including “building meta (virtual) sports cities around the world with real-world benefits, brands & professional athletes on a true cross metaverse & blockchain (multichain) platform on multiple devices such as Oculus, HoloLens, Web, Mobile & Console,” explained the company in a statement. Continue Reading on Coin Telegraph More
As a Web3 app developer, this is a challenge I think about often, especially as waves of new users keep onboarding into various blockchain applications. To fully trust a smart contract, a consumer needs to know exactly what it’s going to do when they make a transaction — because unlike in the Web2 world, there’s no customer support hotline to call and recover funds if something goes wrong. But currently, it’s nearly impossible to know if a smart contract is safe or trustworthy.Continue Reading on Coin Telegraph More
The report, titled “The Role of Law Enforcement in Detecting, Investigating, and Prosecuting Criminal Activity Related to Digital Assets,” complements its June report on international law enforcement cooperation. Continue Reading on Coin Telegraph More
Eventually, new narratives and market trends will emerge, and if the fundamentals are right, traders will rotate funds as these new leaders emerge. Continue Reading on Coin Telegraph More
Traders and influencers have been issuing alerts about this inverse correlation, and how the eventual reversal of the movement would likely push Bitcoin price higher.Continue Reading on Coin Telegraph More
An inverse cup-and-handle is a bearish reversal pattern, accompanied by lower trading volume. It typically resolves after the price breaks below its support level, followed by a fall toward the level at a length equal to the maximum height between the cup’s peak and the support line.Continue Reading on Coin Telegraph More
PARIS (Reuters) -France’s two biggest private broadcasters, M6 Group and TF1, gave up their merger plan to fend off the rise of U.S. streaming platforms, saying antitrust requests made the deal irrelevant. If successful, the deal would have transformed the French TV landscape and redefined competition rules related to the advertising market, creating a precedent in Europe and potentially paving the way for similar deals among traditional broadcasters. “It appears that only structural remedies involving at the very least the divestment of the TF1 TV channel or of the M6 TV channel would be sufficient to approve the proposed merger,” the two companies said in a statement on Friday, with reference to talks it held with the French antitrust authority. They added that the proposed merger no longer had any strategic rationale, even though they continue to believe that a merger would have made sense in view of “the challenges resulting from the increased competition from the international platforms.” “The transaction could have created major competitive risks, particularly in the television advertising and television service distribution markets,” the French competition authority said in a statement online. The merger, which would have given the combined entity sway over three quarters of the country’s TV advertising, would also offer it greater bargaining power with distributors, such as internet service providers, the antitrust watchdog’s president Benoit Coeuré said. “The proposed commitments included in particular a separation of the advertising agencies of the TF1 and M6 channels,” Coeuré said, but added that the incentives to compete against each other would have been limited by the control of TF1 by its main shareholder, Bouygues (EPA:BOUY).Under the initial merger plan, French conglomerate Bouygues would have ended up controlling the merged group with a 30% stake while M6’s parent, German media group Bertelsmann, would be the second biggest shareholder with 16%.The companies have been facing stiff opposition in recent months, including from media group Vivendi (OTC:VIVHY), the owner of France’s biggest pay-TV group Canal Plus, and the founder of telecoms maverick Iliad, Xavier Niel. The controlling shareholders of TF1 and M6 announced their merger ambitions in May 2021. More
