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Bitcoin Daily: Soccer NTF Trading Platform Sorare Nets $680M; GK Software, Flex Enable Merchants to Accept Digital Currency

Binance is going to quit offering three products, futures, options and leveraged tokens to Australian users, a report from the company website says.

Existing Australian users will have 90 days to reduce and close positions for those products, starting at 9 a.m. on Sept. 24.

The users will still be able to top-up margin balances to prevent margin calls and liquidations, but the users won’t be able to increase or open up new positions. And they won’t be able to manually reduce or close their positions after 11:59 p.m. on Dec. 23 this year, and all remaining open positions will be closed at that point.

NFT platform Sorare, which is focused on soccer, announced a Series B fundraising round for $680 million, according to a report from TheBlockCrypto.

The investment has been a rumor for months now, and now that it’s done, Sorare is valued at $4.3 billion.

Sorare works to let fans trade non-fungible tokens (NFTs) for well known players, including Cristiano Ronaldo and Antoine Griezmann.

GK Software has partnered with pure digital pay network Flexa, a press release says, which will let merchants using GK’s TransAction application accept dozens of digital currencies in an efficient manner.

“Our unique partnership with Flexa will allow merchants using TransAction+ to easily accept cryptocurrency payments, enriching the shopping experience and driving customer loyalty as we embark on this exciting new chapter in the world of payments,” GK said, per the press release.

The partnership comes as customers want more ways to utilize digital currencies as a way to pay – the release says 57 percent of consumers report they’d rather shop at a place with the right digital payment options.

Finally, Compass Mining has rolled out a new product to mine bitcoin from a user’s own home, Bitcoin Magazine says.

Called At-Home Mining, the service will see a ASIC machine delivered to users’ doors along with customer service to help them through the transition.

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