Cryptocurrency may have taken a nosedive this year, but it has also helped fuel NBA sponsorships in the 2021-2022 season. According to estimates by IEG, a sports partnerships consultancy, crypto partnerships are now the second most lucrative sponsorship category for the NBA, behind only the technology category. Sponsorships reached a record $1.6 billion in the … Continue reading “Firm Says Crypto Deals Helped Fuel NBA Sponsorships to $1.6B in 21-22 Season”
Tag: cryptocurrency
Robinhood Shares Explode 24% After CEO of Major Crypto Exchange takes Stake
There's a good reason why shares of trading platform Robinhood were soaring on Friday. The…
Shares of Coinbase Slide as Revenue Drops 27%
Coinbase reported first quarter earnings this week, revealing that revenues had dropped 27% from a…
Warren Buffett Has No Plans to Buy Bitcoin for This Reason
One of the world's wealthiest men has no interest in the top cryptocurrency in the…
Robinhood Plans to Launch in the UK by Buying Crypto App Ziglu
Financial trading platform Robinhood is reviving its plans on launching in the U.K. with a…
Hackers Steal Over $615M in What May Be the Biggest DeFI Hack in History
Crypto hackers have stolen over $615 million from network that runs popular game Axie Infinity.…
BlackRock CEO Says War in Ukraine Could Speed Up Cryptocurrency Adoption
According to Larry Fink, the CEO of American multinational investment management corporation BlackRock, the war…
The NFL Will Now Allow Teams to Seek Blockchain Sponsorships
While cryptocurrency promotions and fan tokens remain banned in the National Football League (NFL), the…
Coinbase Reports a Big Revenue Beat in Fourth Quarter
Crypto trading platform Coinbase reported its fourth quarter financial results this week, revealing a big…
Crypto Start-up Blockfi to Pay $100M in Settlement with SEC
BlockFi, the crypto start up backed by Peter Thiel, has agreed to pay $100 million…
A Billion-Year Old Black Diamond Was Just Bought with Crypto for $4.3M
A very expensive natural color black diamond, called "The Enigma" has recently been sold for…
Despite Crypto Sinking This Ex-Goldman CEO Says It’s Still ‘Happening’
According to Ex-Goldman CEO Lloyd Blankfien, cryptocurrency still has hope. Digital assets have sunk in…
Is It Time to Take Dogecoin Seriously?
GameStop, AMC, Shiba Inu — 2020 was the year of meme stocks and meme coins.…
Coinbase Customers are Demanding to Be Refunded Over GYEN Glitch
It was only about a couple of weeks ago that Coinbase users saw stablecoin GYEN…