Miami Heat’s Jimmy Butler seeks dismissal from Binance promo class suit
Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments.This post was originally published on this site
Esports team TSM suspends $210M sponsorship deal with FTX
TSM confirmed that it remains “strong, profitable and stable” despite its decision to suspend the sponsorship with FTX.This post was originally published on this site
From Mercedes F1 to Miami Heat, Sports Teams Suspend FTX Sponsorships
A string of organizations competing in various sports are pulling out of sponsorship deals with beleaguered cryptocurrency exchange FTX. The coin trading platform had pledged millions of dollars to building up brand recognition among sports fans before it went bankrupt. FTX Sign Being Dismantled as Miami Heat Seeks New Naming Rights Partner for Its Arena […]
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors. The following is an in-depth look […]
Steph Curry files trademark for the ‘Curryverse’ where players earn NFTs
NBA superstar Steph Curry filed a trademark application for the “Curryverse” metaverse on Oct. 26.This post was originally published on this site