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Here Are All The Football Betting Terms You Need To Know

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Football is a popular betting sport, but it might be perplexing for fans unfamiliar with certain terms. Yes, football is unquestionably the simplest sport on the planet. After all, the players simply have to score more goals than their opponents. And, sure enough, if you just want to put your money on a match-winner, it’s very simple. But you should be aware of the terms we discuss in this article so you do not throw your money away on bets you may not understand. You should also make use of free bet offers such as placing your predictions for super 6 games.

Betting on football on a regular basis necessitates a greater understanding of the game. That’s why we’ve compiled this football betting glossary to make sure you know exactly what you’re doing.

  • Asian handicap: Asian handicap betting is a type of sports bookmaking in which you bet on which team would win with the aid of a virtual advantage. This is because when one side is a major favorite, the odds must be leveled.
  • 3-way handicap: In 3-way or European handicap betting, a virtual lead is assigned to one team and you bet on the game’s outcome depending on that lead. You may wager on either team to win or a draw in 3-way handicaps.
  • Over/Under Betting: In over/under betting, you wager whether a certain event will occur above or below a certain total. The most popular over/under bet is the number of goals.
  • Half-Time/Full-Time betting: In Half-Time/Full-Time betting (also known as HT/FT betting) you wager on the outcome at half time and the final result. It’s worth noting that the second part of your bet is a full-time bet, not just the goals scored in the second period. To win your wager, both predictions must be correct.
  • Outright betting: In straightforward betting, a wager is placed on the outcome of a whole tournament rather than a single game. The worldwide popularity of the World Cup outright bet is undeniable.
  • Combination betting: You may make your own bet in combination betting, which means you have total control over it. Combination betting (also known as accumulators) combines a number of bets into one large wager.
  • Each-way bet: An Each Way (E/W) bet is a type of bet that comes from Horse Racing and is also found in other sports such as football, where an each-way option may be available on outright bets. The stake is doubled when placing an Each Way wager, with half the amount going to the winner and half to the loser.
  • Wincast: A combination bet is a form of wager known as a Wincast. You may place a first, last, or anytime goalscorer wager. The outcome of the match is then bet upon (1X2). If the chosen goalscorer does not play in the game, your bet will be voided and refunded if you lose.
  • No Goal No Bet: The First Bet for this match is betting on a team to score the first goal of the game. Importantly, if the game ends in a 0-0 draw, your bet is nullified and you receive your money back.
  • Scorecast: A combination bet is a type of Scorecast wager. You place a first, last, or anytime goalscorer wager. The actual score of the game is then bet upon. If the specified goalscorer does not play in the match, the bet will be canceled and refunded if the correct score occurs.
  • Accumulator bet – The same thing as parlay bets. It means you bet on several games and you do so on the exact same ticket. All games need to win for the bet to be won.
  • Bad beat – The betting equivalent of bad luck. It is a term where you do everything as you should but you still lose. Misfortune influences the outcome of the bet you place and you end up losing even if there was a very high possibility of winning.
  • Beard – A term that appeared in Vegas. It means the bettor is hiring someone to place a bet instead of them. This is done to avoid the common practice of some sportsbooks that do not want professional bettors as clients. The beard is used to avoid potential bet limits or bans.
  • Chalk – A term used to describe the favored team. The term “favorite” is also very common.
  • Cover – When a point spread bet is won, it is said you covered the spread.
  • Dime – The wager of $1,000 is called a dime. A bet of $500 is called a nickel.
  • Dog – The term is short for the underdog and it means that oddsmakers consider it as having a lower chance of winning.
  • Hedge – Similarly to what we see in stocks, the hedge is when you bet on the wager’s other side with the purpose of minimizing losses. It is also done to guarantee a smaller profit when the optimum odds are found.
  • Moneyline – The term is very popular in hockey and baseball because point spreads do not work as scores tend to be low. The wager is picking a team, without point spreads being involved.
  • No Action – The bets are canceled and bettors receive the money-back.
  • OTB (off the board) – You cannot bet on a match/game. The reasons for this can be numerous, like weather-related or not knowing if a player is injured or not.
  • OK (Pick’em) – The oddsmaker thinks both sides of a match/game have the same chance of winning.
  • Prop Bet (Exotic Bet) – This is when you bet on something happening in a game instead of the result. For instance, you can bet on who will get the first yellow card in a soccer game.
  • Sharp – The term describes a savvy, smart, educated, or professional bettor who shows consistency and discipline. Obviously, these are not liked by sportsbooks. The opposite of the sharp is the square.
  • Vigorish – Also known as vig or juice, it is the commission of the bookmaker for bet handling.

As you can see, there are several betting terms you have to be aware of. Do not be a square and become a sharp before you use your money for bets.

Meta Reportedly Planning on NFT Integration for Facebook and Instagram Accounts

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Meta, formerly known as Facebook, is reportedly dipping its toes into the world of non-fungible tokens (NFTs) by incorporating a brand-new feature that allows users to display their acquired NFTs on their Facebook and Instagram accounts. According to the report, the multinational tech conglomerate is developing prototypes that can easily let users mint collectible tokens.

Other than that, Meta is also considering developing and launching an NFT marketplace, allowing interested users to buy and sell non-fungible tokens quickly. While news of these ongoing projects may excite the countless NFT supporters out there who also use Meta’s social media platforms, they are currently in the earliest possible stages. We have yet to determine which features will stay and go.

These new discussions came after Meta pushed to bring in more staff to help with its projects. On January 12, Meta fished about 100 employees from Microsoft, while Apple offered bonuses and better benefits to prevent their staff from jumping ship.

Meta used to be known as Facebook, but thanks to its sudden major rebranding last year, it can focus on projects and initiatives outside of social media. For instance, last year, the tech conglomerate announced that it had plans to create a metaverse that intertwines physical and online experiences. Not only that, but Meta is also currently working on creating haptic gloves, which will come in handy once its metaverse is ready.

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Tumisu (CC0), Pixabay

The number of potential earnings a company can make thanks to NFTs is now impossible to ignore, which is why so many individuals and institutions have joined the NFT wagon. Many firms believe that traditional brands will also begin to dip their toes into the world of NFT, exploring the various ways they can earn from there.

In other news, the monthly transaction volume of major NFT marketplace Opensea recently exceeded $3.5 billion. In other words, the marketplace sees more than $169 million spent on NFT trading within the platform alone.

VC Company A16z Is Looking to Raise $4.5 Billion for Crypto-Related Investments

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According to a report by the Financial Times, VC company A16z intends to raise a total of $4.5 billion for crypto-focused investments. A16z has investments in popular platforms you may be familiar with, including OpenSea, Protocol Labs, Polychain Capital, and others.

A week ago, the venture capital firm of Andreessen Horowitz announced that it’s in the middle of raising $3.5 billion for its VC fund. Not only that, but it intends on raising another $1 billion for Web3 seed investments. They’ll discuss more regarding the latter sometime in March. For now, the firm is willing to surpass the $2.2 billion it raised back in June 2021. At the time, that figure was the largest in the crypto industry.

The first fund they’re raising is for investing in crypto projects and startups. On the other hand, the second fund will focus on digital tokens and the like. Andreessen Horowitz is one of the biggest, highest-ranking venture capital companies in Silicon Valley, especially with its nearly $30 billion assets.

It’s one of the pioneering investors in renowned companies such as Coinbase, Skype, Facebook, and Twitter. If A16z can successfully draw in enough investors to reach its goal of $4.5 billion, it would undoubtedly become the industry’s largest, outshining the $2.5 billion Paradigm raised in November of last year.

As you may have inferred earlier, A16z is a massive supporter and backer of various platforms, including crypto-friendly gaming platforms. The latest platform they’ve backed is Carry1st, marking its first foray into African-based startups.

Russian Central Bank Proposes Ban on Crypto-Related Activities

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Photo by Monstera from Pexels

In a report from last Tuesday, the Central Bank of Russia urges a total ban on local crypto trading and mining. The report, which had the title “Cryptocurrencies: Trends, risks, measures,” likens crypto to a Ponzi scheme. There should be a complete ban within Russia against crypto use.

The authors mention how cryptocurrencies are incredibly volatile and unpredictable. Not only that, many malicious individuals use crypto to pursue their illegal activities. The report also forewarned its readers that crypto could come as a risk to financial sovereignty, as it could help individuals take out money from the national economy.

The report reads as follows:

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Included in the Russian central bank’s proposition is the total ban of crypto exchanges, peer-to-peer exchanges, and over-the-counter trading desks. The report also urged the reinforcement of severe punishments for anyone who violates the ban.

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Photo by RODNAE Productions from Pexels

The report wants to ban crypto from the entire country, stating that continuing the ongoing mining activities will only bring about new supplies. As a result, this will lead to even more demand for crypto-related services and platforms. Not only will crypto mining subvert Russia’s green energy plan, but it can also impact the country’s energy supply.

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After China’s intense crypto crackdown, Russia became the third-largest mining hub for Bitcoin. If the central bank’s blanket ban proposition is acted upon, it could ultimately lead to another significant change on the globe’s current crypto mining map.

A Bloomberg report states that the Russian Federal Security Service (FSB) played a significant role in pushing this ban. The report also mentions that the FSB is currently anxious about the ever-increasing number of untraceable funding via cryptocurrency.

It’s no secret that the Central Bank of Russia has always been wary of crypto. However, many believed that the Russian government would regulate the industry instead of banning it because president Vladimir Putin showed some interest in understanding how crypto worked.

SundaeSwap Officially Launches but Reports of Failing Transactions Surface

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SundaeSwap, Cardano’s first-ever decentralized app (DApp), has officially launched. While this should be a cause for celebration for the platform’s users, it appears that many are left frustrated because of various reasons. Namely, users are experiencing platform errors, failed transactions, and congestion.

The launch of SundaeSwap’s mainnet today marks a significant milestone in the history of Cardano’s ecosystem, as it’s the first DApp ever to use its smart contracts. The value of Cardano’s native token, ADA, increased by 50% over the last week leading up to SundaeSwap’s launch. In other words, there’s a lot at stake for Cardano.

Trading officially started on January 20 at 9:45 PM. Unfortunately, users were immediately flooded with issues. It didn’t even take a full minute before users posted complaints on the project’s Discover server regarding network congestion and failed transactions. By 10:07 PM UTC, the CEO of SundaeSwap Mateen Motavaf addressed the complaints in all caps:

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The SundaeSwap team started an AMA on Twitter Spaces at around 1 AM to address the various issues that users were experiencing. Due to the massive backlog of orders holding up the queue of swaps, one user asked what would happen once the Cardano node upgrade took place. Chief Technical Officer Matt Ho responded by saying the following:

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Another user shared that they noticed someone had already filled out an order on the decentralized exchange even before its official launch. It seems that if you’re tech-savvy enough, you can bypass the website user interface and manage trades directly on the smart contracts.

In response to the user, Ho said that due to the countless things the team had to deal with and think about during the busy launch day, they didn’t expect someone would have “constructed a transaction by hand ahead of time.”

Some users were still receiving failed transaction errors by 2:40 AM, while others had to wait for their pending orders for more than four hours. CIO Pi Lanningham posted on the Discord server saying:

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The project’s core team had already expected that the platform would experience many backlogs even before its launch, thanks to the testnet’s performance about a month ago. On January 8, the team published a blog post saying:

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Using SundaeSwap’s previous performance as a basis, the team was already aware that it performed poorly during its early stages. However, they said they were “very confident that the protocol can meet the normal day-to-day load once things settle down.”

A grey-hat hacker has agreed to return 80% of the funds stolen in a multichain exploit

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Multichain, a cross-chain DeFi platform, is the most recent in a long line of DeFi protocols that have been abused. This time, the attackers were able to take customer funds from the site by acquiring access to accounts that had not been revoked from the platform. In total, almost $1.5 million was stolen by hackers; however, one hacker who took approximately $200,000 is proposing to repay the majority of the stolen assets.

The Hacker Wants His Money Back

In this example, the hacker, who is now known as a grey hat hacker, successfully stole $200,000 from one of the users who had not terminated access to the site. The hackers were able to carry out the attack by taking advantage of a flaw in the protocol. Multiple wallets have been identified behind the attacks, implying that a single hacker did not steal the cash.

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In this example, the hacker has offered to restore 80% of the $200,000 stolen from a user. In a transaction to the person who lost the cash, the hacker described it as a white-hat hacker who asked the user to send the transaction where they lost their Wrapped Ether, and they would send 80 percent back to them keeping 20 percent for the bother.

“Whitehat here, provide me the tx you lost your weth, I give you 80% back,” stated the hacker. “The rest are money-saving techniques for me.”

MultiChain Requests Funding

Although the hacker indicated above pledged to restore the majority of the monies stolen, it was not the only address that took advantage of the block. A total of $1.43 million was stolen from a number of additional addresses on the Multichain protocol. It’s unclear whether the hacker who offered to return some payments was the same individual who was behind all of the addresses.

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Multichain followed the lead of most protocols that have recently been exploited and sent a transaction to the hacker with the request that the cash is returned. The hacker has yet to respond to the message, if at all.

The exploit was first made public by the protocol on January 17th, the same day as the Crypto.com breach. According to The Block, a single user lost nearly $1 million in the hack and has now promised the hacker a $156,000 gratuity if they return their funds.

More than 1.7k Smart Contracts have been deployed on the XinFin XDC Network

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The XinFin XDC network has experienced unprecedented growth, with the new smart contracts functionality attracting even more developers.

The growing number of smart contracts on the XDC Network confirms that the network will likely emerge as a key competitor to Ethereum, eventually dominating the market. The XDC Network is completely Ethereum Virtual Machine (EVM) compatible, attracting a huge community of Ethereum developers and encouraging numerous Dapps established on the Ethereum Network to transfer to XDC. Other factors that make it appealing to develop on the XDC Network, dubbed “The Latest Ethereum Killer,” include near-zero gas expenses, 2 second transaction times, the lowest energy usage blockchain network, and 2000 TPS.

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Despite the fact that the XDC Network is a relatively unknown blockchain network, the expansion of the smart contract is an important milestone as the network strives to become the go-to blockchain for the development of decentralized apps.

Following the November Andromeda upgrade, XDC Network implemented a number of initiatives to entice developers.

The smart contract is one of the most recent improvements to help the XinFin XDC network gain traction. XDC Network, along with Cardano and Polkadot, is one of the most developed cryptocurrency projects on Github in 2021.

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The advantages of the XinFin XDC Network over Ethereum have attracted more projects. Two more DEXs for all XRC20 Tokens will be added to the XDC Network in the near future. BlocksScan Explorer has confirmed over 1.7k contracts and 1 million active wallets on the network. The website XinFin.org introduced a resource and toolkit link for developers: https://xinfin.org/xdc-chain-network-tools-and-documents. This page provides comprehensive information on the various development resources and tools required to deploy dApps and smart contracts on the XDC Network. Developers are also drawn to the XDC Network because of project funding and grant support.

Backers of the XinFin XDC Network believe that the network’s continual renovations and acceptance will catalyze the rise of XDC, the network’s native token. According to Coinmarketcap, the 24-hour volume climbed by 42.28 percent at the time of writing, when the price was $0.083.

Twitter Blue Launches iOS Support for NFT Profile Photos

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Twitter announced on Thursday afternoon that it would be launching non-fungible token (NFT) hexagonal avatars for iOS users. For now, the feature is only available to users who pay $2.99 a month for a Twitter Blue subscription. The official Twitter Blue account also posted a tutorial video, teaching users how to connect their wallets and set their new NFT default photo. The supported wallets include Coinbase Wallet, Rainbow, MetaMask, Trust Wallet, Argent, and Ledger Live.

Users can also learn more about the NFT avatars of the other subscribers, such as who their owner is, the description of the series it’s in, the creators, and even verification of authenticity. Twitter also notes that it won’t keep an ongoing connection with the user’s cryptocurrency wallet. However, it will continue to store the user’s public wallet address to ensure they didn’t sell the NFT or move it somewhere else. Even though you can only set the NFT as your avatar through the iOS version of Twitter Blue, non-iOS users and non-Twitter Blue subscribers can still see your photo.

This new feature is still pretty much in its early stages, though. For now, you can only use static images like JPEG and PNG files minted on the Ethereum blockchain. This also includes ERC-721 and ERC-1155 token standards. However, if you choose to transfer or sell your NFT while you have it as a default photo on your account, you won’t be able to view ownership information.

Despite all the hype surrounding this announcement, any over-enthusiasm for it will most likely die out soon. Twitter user and blockchain enthusiast @HollanderAdam says that it appears users can use any NFT in their collections, and it doesn’t matter whether it has undergone verification. This means anyone on the internet can easily right-click and save any NFTs they like, mint them, and use them as their profile picture too.

Why Should You Trade Precious Metals with FinoTrend?

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Trading metals with FinoTrend is beneficial for-

  • High outcomes from trading precious metals
  • The comprehensive technology, practical expertise, and supreme network of FinoTrend help you to predict the movement of the global financial markets.
  • CFD trading allows you to earn exciting profits from volatile financial markets
  • FinoTrend’s customer support team guides all its clients to know and evaluate the influential factors of metal’s price movement
  • The economic worth of the precious metals is huge

Metals are essential commodities for online trading for their numerous applications in our lives. The most interesting thing about metal trading is that if you can predict the market correctly, this trading can give you high outcomes. However, you can take the advantage of this exciting trading only if you have a suitable brokerage company to guide your trading towards the right path. As far as it is about trading metals on the basis of CFD format, FinoTrend is the best financial provider for you due to several reasons. In this article, we will explain to you why you should trade precious metals with this organization.

Why Choose FinoTrend for Metal Trading?

With FinoTrend, you will trade metals in CFD or Contract for Difference format. This means you can make profits from the price change in metals. However, CFD trading entails commodity contracts and for that, the metal assets are not physically purchasable. So, in this financial organization, you will trade contracts based on price change. If you can predict the metals’ prices accurately, you can earn exciting profits from the volatile financial markets.

With the help of FinoTrend’scomprehensive technology, practical expertise, and supreme network, you can make your metal trading very successful. The WebTrader platform of this financial provider permits you to trade numerous metals such as palladium, platinum, copper, gold, silver, etc.

The Economic Value of the Precious Metals:

When it comes to economic value, metals have significant worth. Metals are also portable. Among several metals, gold is the most important asset of metal trading for its numerous applications such as, for preparing the jewelry, maintaining the safety risk, and. providing control against inflation. On the basis of risk-off versus risk-on sentiment, traders trade gold. Then again, silver has also substantial applications in many industries as raw material.

The economic value of the metals depends on the demand and supply of the metals in a particular region. For example, in China, the demand for copper is huge as copper is an essential raw material in the industries of China. So, to get the supply of copper, China has to rely on Australia. Therefore, the demand and supply of the metals are responsible for the interconnection between the countries. Therefore, to become a successful metal trader, you need to understand this connection and predict the conditions of the global market.

Factors That Influence the Metals’ Price:

The major factors that cause the price movement of the metals are- i) demand and supply of the metals, ii) marketing news, iii) industrial sentiments, iv) inter-relationship between the countries and v) economic condition of a particular nation. With the guidance of FinoTrend, you can accurately predict and evaluate these influencing factors and earn substantial profits from metal trading.

Some Users in Robinhood Crypto Wallet Waitlist Can Now Make Withdrawals

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Robinhood, the popular online retail investing platform, has been working on a crypto wallet for some time now, and it appears they have finally released the app for beta testing. This beta version will allow a limited number of users to withdraw their crypto assets using the platform. Specifically, only the first 1,000 users who signed up to the app’s waitlist can participate in beta testing.

The users included in the wallet’s beta testing phase can withdraw funds up to $2999 over ten overall transactions per day. If you’re enthusiastic about investing in general, you’re probably familiar with Robinhood, as it’s a big name in this sector.

Robinhood is a financial services platform that Citadel Securities supports. It not only provides stock trading but crypto trading as well. Since mid-2021, the crypto users of the platform have been highly anticipating the release of Wallets. It was also around that time when they introduced the waitlist. The last public count of the waitlist sign-ups, which was around November, revealed that 1.6 million users had signed their names. That’s approximately 7% of the platform’s overall user base.

The number of testers allowed is only limited to 1000, but Robinhood plans on increasing this number to 10000 by Match. According to the company’s official announcement last January 20:

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For wallet testers who don’t already have an existing Robinhood account, they’re required to participate in the Know-Your-Customer (KYC) identification system and use a two-factor authentication app. Robinhood Crypto COO Christine Brown posted a tweet today saying that even though the Beta testing program is ongoing, the company will still work to finalize some features in the app. Such features include “QR scanning experiences,” block explorer support, and more.

Before the release of Robinhood’s Wallets, users who purchased crypto on the platform couldn’t withdraw nor privately store their funds. In other words, the purchase is called a crypto transaction only by name. However, Robinhood’s expanding crypto division is now looking like a full-fledged cryptocurrency exchange platform. The company states that this will “fully connect Robinhood crypto holders to the greater blockchain ecosystem for the very first time.”

Notably, many of the traders on Robinhood tend to prefer the popular meme token Dogecoin (DOGE). In Q2 2021, about 41% of Robinhood’s total revenue was thanks to DOGE. By Q3 2021, it was 19%. Some rumors have been floating around, claiming that Robinhood might list Shiba Inu (SHIB) since Robinhood co-founder Vlad Kardapoltsev recently remarked on how SHIB token holders seem to be rising these days.

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