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With Ethereum creaking under the strain of the exploding DeFi scene, and more alternative blockchains and protocols gaining traction, the ETH 2 project is under serious pressure to get a move on – and that pressure increases the risks of mistakes, so kudos to the whole development team for maintaining their cool and thoroughly testing. It is this backing that de-risks the borrowing process and creates a Backed Collateral Debt Position (BCDP) that is enforced by the social relation between the backer and the borrower.

All rights reserved. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. are closely connected, with the organisation’s Co-founder and Chairman, Kevin Chou, also being Founder and CEO of Rally. By putting one’s own reputation on the line, a backer collection decides to back a borrower’s proposal by providing the assets required for the borrower to receive the loan. Staying with fan tokens, earlier today we reported that Gen.G Esports has announced a CS:GO fan token in partnership with blockchain network Rally.

At launch, pToken’s pBTC, pETH, and pLTC, will be listed on non-custodial digital asset exchange and iFinex brand eosfinex, bringing the top crypto assets to the EOS blockchain through the Bitfinex on-chain ecosystem. With several years experience in the igaming and sports betting industries in Malta under his belt, over the last few years Oliver has developed a passion for blockchain and an interest in esports. “This is the vision for DLN-DAO, a decentralized autonomous organization created by and for the community with a mission to launch a decentralized financial network and flips traditional microloan industry on its head.”. The new estimate is 57% higher than Argo’s initial forecast, Alliance notes, and has ostensibly been revised upwards in light of bitcoin’s positive price performance this spring. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here, The Diagnosis for Quest Diagnostics: Strong Growth Ahead. IMG ARENA EXPANDS BASKETBALL PORTFOLIO WITH ITALY’S TOP TIER, PRONET GAMING INTEGRATES SPORTAL365 SPORTS CONTENT PUBLISHING PLATFORM, BETTING ON SPORTS EUROPE – DIGITAL TO PROVIDE 2020’S BEST LEARNING OPPORTUNITY FOR INDUSTRY EXECUTIVES, SOCIOS.COM GETS IN THE CAGE WITH PROFESSIONAL FIGHTERS LEAGUE PARTNERSHIP, BITFINEX ANNOUNCES SUPPORT FOR pNETWORK TO BRING CRYPTO ASSETS CROSS-CHAIN, DECENTRALIZED LENDING NETWORK OFFERS WAY TO FIGHT FINANCIAL SLAVERY, GEN.G & RALLY TO LAUNCH COUNTER-STRIKE FAN TOKEN ‘GG STRIKE COIN’, MAJOR LONDON-LISTED FIRM IS LATEST TO PUT CASH RESERVES INTO BITCOIN, 12 CS:GO TEAMS SET TO FIGHT FOR $1M PRIZE POOL IN FLASHPOINT 2, NUBIA IS BLAST PREMIER’S FIRST EVER MOBILE PHONE PARTNER, GHOST GAMING ACQUIRED BY INVESTORS LED BY ANDREW STEINBERG & TODD HARRIS, SECTOR SIX APPAREL EXPANDS TO EUROPE WITH UK-BASED SUBSIDIARY, SWEDISH GAMBLING AUTHORITY SIGNS MoU WITH DUTCH COUNTERPART, BETCONSTRUCT SECURES UK LICENSE FOR VIRTUAL SPORTS PRODUCTS, AS LOCKDOWNS RETURN EGBA REITERATES COMMITMENT TO CONSUMER PROTECTION, UK’S ASA UPHOLDS COMPLAINTS ABOUT 2 BONUS ACCUMULATOR ADVERTS, GVC BOLSTERS BOARD WITH DAVID STATZ & ROBERT HOSKIN, PITTSBURGH STEELERS’ JUJU SMITH-SCHUSTER LAUNCHES TEAM DIVERGE, ROGER LODEWICK TO LEAD MTG’S DREAMHACK SPORTS GAMES DIVISION, IT’S ALL ABOUT ENTHUSIASM: COSMO CURREY, GLOBAL HEAD OF TALENT ACQUISITION, VAN KAIZEN, MARTIN ‘DEFICIO’ LYNGE JOINS MISFITS GAMING GROUP AS EUROPEAN DIRECTOR. Following news of Argo’s revised forecast, shares in the firm reportedly spiked 20% to 6.29 pence (around $0.08) during morning trading hours today. From next month, fans will be able to purchase GG Strike Coins, and use them to gain exclusive engagement opportunities with Gen.G’s Counter-Strike: Global Offensive team. Best of all, investors can still get in well below US $0.50 per share. Will other major firms now follow suit? MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. pBTC, pLTC and pETH deposits and withdrawals will be available from Bitfinex for Ethereum and EOS through the pTokens network. In a statement, Argo executive chair Mike Edwards noted that “as market conditions strengthen […] we will not only comfortably beat our original expectations but also position Argo for long term growth.”, Also read: Finnish P2P Bitcoin trading platform LocalBitcoins has kept silent after users reported it had removed cash trading from its service, Source: https://cointelegraph.com/news/uk-based-crypto-mining-firm-argo-upgrades-q2-2019-forecast-due-to-market-rally. Nevertheless, with a mining margin of 42% in March, Argo says it is still delivering some of the “best margins in the industry.”. London Stock Exchange-listed company, Mode Global Holdings PLC, has announced plans to put up to 10% of its cash reserves into Bitcoin (BTC). ‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates. Can Winnebego (NYSE:WGO) Recover From The Post-Earings Blues? Argo’s first forecast for Q2 2019 had been published on May 8, but the firm has reportedly stated that the trading climate has been “significantly better than expected,” making a revision necessary. Based on bitcoin’s May 31 price of $8,575, this equates to roughly $3.6 million. This strategic cooperation between the two projects will result in a high throughput, cross-chain, decentralized trading experience for DeFi users.”. Argo is a publicly-traded blockchain technology company focused on large-scale cryptocurrency mining. If you continue to use this site we will assume that you are happy with it. All rights reserved. Add this security to watchlist, portfolio, or create an alert to track market movement. In total, Argo generated GBP £6 million in the first three months of 2020, and it says it is still committed to its substantial order of 1,000 Bitmain Antminer S17+ rigs, … © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. 5G has barely hit the market… And already there is something more powerful. View Argo Blockchain's (LON:ARB) earnings history, next earnings date and earnings forecasts from top-rated Wall Street analysts at MarketBeat. Last week a successful trial, which Anthony Sassano of Set Protocol said would be the second last dry run, was held on the Zinken testnet. Want to see which stocks are moving? MicroStrategy CEO could ‘liquidate $200M in Bitcoin on a Saturday’, South Korean regulator is wary of NFT-based games. Best of all, investors can still get in well below US $0.50 per share. To access these valuable tools and see the full perspective, subscribe now. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. PFL is also partnered with Anheuser-Busch InBev, GEICO, Acronis, Air Force Reserve, and Rich Energy. Socios.com itself is already partnered with UFC, in addition to many major football clubs and a couple of esports organisations. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.