Following a 3-year deal, Singapore-based crypto assets trading platform Bybit has become the Principal Team Partner for Oracle Red Bull Racing, one of the most successful Formula 1 teams. As announced by Red Bull, the deal is worth $50 million annually and will be paid in cash and the trading platform’s native token, the BitDAO … Continue reading Bybit Secures Multi-Year Partnership Deal with Red Bull
Bitcoin (BTC) hodlers remain unfazed despite the leading cryptocurrency recently hitting lows of $34,000 as they continue accumulating more coins. Data analytic firm IntoTheBlock explained: “BTC hodlers continue to accumulate. The balance held by hodlers – addresses holding >1 year, increased by 4.13% over the past 30 days. 11.78m BTC belongs to these addresses.” Source: … Continue reading Bitcoin Hodlers’ Accumulation Continues, Ruble-Denominated BTC Volumes Hitting 9-Month High
Singapore-based cryptocurrency trading outfit, Crypto.com, has announced the initial phase of its exchange platform launch in the United States. The platform is now available to waitlist users, and an eventual rollout is scheduled for the next couple of months. As announced by the trading platform, interested professional or institutional investors can join the waiting list, … Continue reading Crypto.com Rolls Out Trading Platform in the U.S.
Portsmouth, a port city and naval base on England’s southern coast, has announced that its residents can now pay their taxes and other fees in Bitcoin and other cryptocurrencies supported on the Paypal payments app. Per a report from Seacoastonline, the move was fueled by City Mayor Deaglan McEachern, who has been building his interest … Continue reading Portsmouth City Now Opens to Pay Taxes in Crypto
London’s historic live music venue, Koko, has entered into a partnership with cryptocurrency trading platform Luno. As reported by IQ, the essence of the partnership is giving this new platform for live music events to promote the values of music through blockchain technology. The partnership is worth multi-million pounds and will see the creation of the Luno … Continue reading London Music Venue Koko Partners With Luno, Embrace 122 Years of Culture With Blockchain
Algorand protocol has been unveiled as the official blockchain sponsor of the Federation Internationale de Football Association (FIFA). The partnership between the blockchain startup and the world’s football governing body was unveiled on Monday by FIFA President Gianni Infantino and Algorand founder Silvio Micali in Los Angeles, USA. The partnership has effectively positioned Algorand as … Continue reading Algorand to Lead FIFA's Digital Strategy in New World Cup Partnership
According to the Wall Street Journal, Singapore’s financial regulator Monetary Authority of Singapore (MAS) told F1 organizers that it would ban Crypto.com ads from appearing on the track. The Monetary Authority of Singapore (MAS) is Singapore’s Central Bank. The mission of the MAS is to promote sustained non-inflationary economic growth, and a sound and progressive financial … Continue reading Singapore Regulator Bans Crypto Ads on F1 Tracks
San Francisco, California, 21st September, 2022, Chainwire As part of a drive to strengthen its contribution to the Nigerian economy, the Lekki Free Zone Development Company (LFZ) is in talks with Gluwa, a blockchain technology company. The pair are looking to partner and use blockchain to foster trade collaboration, growth, and sustainability among new and … Continue reading Lekki Free Zone Set to Partner Gluwa On Blockchain Technology
San Francisco, California, 27th October, 2022, Chainwire Blockchain infrastructure platform Gluwa is partnering with the Lagos State government to transform the agricultural sector. The move will enable the digitization of agricultural assets, making it easier for farmers in the region to obtain finance. The project will involve the Lagos State Ministries of Agriculture, Finance, Science … Continue reading Gluwa Blockchain Partners With Lagos State Government to Digitize Agricultural Assets
Raoul Pal, CEO and co-founder of Real Vision, speculates that nonfungible tokens (NFTs) would behave similarly to “high-end property” in the old economy and will outperform Ether (ETH) during boom cycles in the cryptocurrency market. The former executive at JPMorgan offered a rundown of what he felt most bullish about when it came to NFTs … Continue reading Real Vision CEO believes NFT will act similar to high-end property