Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat Arena

Bankruptcy Court Terminates FTX Naming-Rights Agreement for Miami Heat ArenaA federal bankruptcy court in the U.S. has ended the FTX naming-rights agreement for Miami Heat’s basketball stadium. The sports venue was branded FTX Arena as part of a multi-year, multi-million dollar sponsorship deal between the now-bankrupt crypto exchange and Miami-Dade County in 2021. FTX Signage and Advertising to Be Removed From Downtown Miami Sports […]

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Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition

As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized finance (defi) educator, the $22.6 billion worth of ethereum that continues to grow won’t be […]

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NBA Star Spencer Dinwiddie’s Crypto-Fueled Social Media App Raises $7.5 Million

NBA Star Spencer Dinwiddie's Crypto-Fueled Social Media App Raises $7.5 MillionAccording to an announcement revealed on Thursday, Spencer Dinwiddie’s token application called Calaxy has raised $7.5 million in funding. The American professional basketball player for the NBA’s Brooklyn Nets has been a fan of blockchain technology for quite some time, as the point guard raised $1.3 million tokenizing his contract on the Ethereum blockchain. Hedera […]

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Russian Lawmakers Move to Allow Crypto Payments Under Contracts

Russian Lawmakers Move to Allow Crypto Payments Under ContractsMembers of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend Civil Code to Legalize Contractual Crypto […]

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Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX

Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTXCrypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform is available to bet on the outcome of Brazil’s next presidential election. With health and financial crises looming in the country, Jair Bolsonaro’s second term as head of state is far from certain. FTX Launches […]

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Bityard Cryptocurrency Exchange Makes Trading Complex Contracts Simple

Bityard Cryptocurrency Exchange Makes Trading Complex Contracts SimpleBityard is a digital assets trading platform focused on offering fast, easy and safe contracts trading. The Singapore-headquartered exchange is regulated and licensed in multiple leading markets around the world. An emphasis on simplicity and accessibility makes Bityard ideal for anyone looking to enter the derivatives market. Complex Trading Made Simple Contracts trading is hugely […]

The post Bityard Cryptocurrency Exchange Makes Trading Complex Contracts Simple appeared first on Bitcoin News.

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Defi for Bitcoin: Collateral Peg Platform Provides Noncustodial BTC Lending on Ethereum

Defi for Bitcoin - Collateral Peg Platform Provides Noncustodial BTC Lending on EthereumDuring the second week of February, a new project called tBTC was unveiled that is similar to the Wrapped Bitcoin (WBTC) created with the Ethereum network. However, the tBTC effort claims to be a noncustodial application that allows users to deposit BTC, mint tBTC, and lend it with interest. Also Read: Market Update: Bitcoin Halving […]

The post Defi for Bitcoin: Collateral Peg Platform Provides Noncustodial BTC Lending on Ethereum appeared first on Bitcoin News.

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