Shortly from the Cryptoworld 28/02 | UFC has signed a partnership with Dapper Labs, which is behind CryptoKitties, In Iran, they will start using Bitcoin as a protection against sanctions and more

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UFC has signed a partnership with Dapper Labs, which is behind CryptoKitties

Dappers Labs, company also behind the development of the popular CryptoKitties, announced the partnership with UFC, the best-known organization of the increasingly popular mixed martial arts (MMA) fights. This partnership aims to create UFC virtual collectibles on the Flow platform, the upcoming Dapper Labs project, to be suitable for developers to build applications, games and digital assets on blockchain technology.

Flow is expected to be launched in 2021, but development starts in the first quarter of 2020. “Spending money in Flow apps will be like collecting sneakers or signed gloves that you can sell on eBay or use in video games at any time, ”Said Dapper Labs.

Steven Seagal was fined by SEC

The star of action movies, Steven Seagal, was fined by the Securities and Exchange Commission (SEC) for illegal ICO for cryptocurrencies from February 2018. At that time, Seagal did not disclose that he was offered $ 250,000 in cash and $ 750,000 in B2G tokens for promotion of this ICO.

Seagal agreed not to advertise any securities or otherwise interfere with the ICO of cryptocurrencies for a period of three years and to pay a fine of $ 157,000.

In Iran, they will start using Bitcoin as a protection against sanctions

Saeed Muhammad, commander of the Islamic Revolutionary Guard Corps, called on the citizens of that state to use Bitcoin to circumvent the economic sanctions imposed by the United States. Iran has even been considering the creation of its own cryptocurrency since 2018. When will be created is not yet known.

“We are demanding the creation of a more sophisticated mechanism to bypass sanctions. To circumvent sanctions, we must develop solutions such as the exchange of products and the use of cryptocurrencies with our partnerships [in other countries].”

Development on Chinese cryptocurrency slowed the coronavirus

Although speculation about how coronavirus affects the price of Bitcoin sometimes go to absurdities, it is true that this infection also affects the blockchain sector. It is not only the risk of canceling various conferences, but also the development of the Chinese cryptocurrency controlled by the central bank (PBoC).

Fresh information from China indicates that the whole project was temporarily suspended and work will only be resumed after the country has dealt with an infection that has already struck Europe. Meanwhile, new reports from the most populous country indicate that China is also trying to use blockchain to manage medical data and track supplies of virus prevention and public consultation during the epidemic.

Panic in the stock market

Not only in cryptocurrencies, but also in the stock market, we can watch one of the biggest ever sales since the beginning of this week. Apple, Microsoft and Amazon’s shares lost on average over 9%. The shares of Facebook and Netflix are no better. There are only a handful of stocks in the past 24 hours, which are in plus. We could see the same price development on the index market.

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