UFC To Launch Fan Token On Blockchain Platform Chiliz – May 5

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $55,233

Bitcoin price is currently trading around the $55,000 mark to begin Wednesday, following a pair of failed break-downs toward $53,000.

Top-20 altcoins are once again a mixed bag, as Ethereum falls 1%, Chainlink rises 15% and Dogecoin leads the way with a 41% gain.

Top Stories for May 5, 2021 πŸ”₯

πŸ‘‰ UFC To Launch Fan Token On Blockchain Platform Chiliz

World-renowned mixed martial arts league UFC is launching a fan token on Chiliz, a blockchain platform already used by various sports teams.

The $UFC token will give holders access to fan voting, VIP rewards, exclusive promotions and more. The token is similar to those used by soccer teams such as FC Barcelona.

πŸ‘‰ Proposed NY Bill Would Ban Crypto Mining Over Environmental Concerns

A bill has been proposed in the state of New York, which would ban miners in the area from operating for three years, citing concerns over carbon emissions.

The bill was put forward by Chairman of Committee on Energy and Telecommunications, Democrat Kevin S. Parker, and it yet to receive widespread backing from other senators.

πŸ‘‰ Swedish Crypto Exchange IPO Oversubscribed By 1240%Β 

Safello, a Swedish cryptocurrency exchange, has had its IPO subscibed for the equivalent of US$59 million – 1240% greater than its initial offering of US$4.76 million.

Shares in the exchange are planned to begin trading on the Nasdaq First North Growth Market, an alternative exchange for smaller growth companies in Europe.