Crypto Endorsements Get A Makeover As Athletes Avoid Scandal Traps
Reports have disclosed that athletes and their teams are growing more cautious about crypto endorsement deals. Related Reading: Russia Looks To Open Crypto Market Wider For Citizens – Details According to a recent interview with Shelly Socol, a marketing executive at BTCC Exchange, sports stars now demand deeper checks on a crypto firm’s history, compliance […]
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A global scandal has erupted with the release of the Panama Papers implicating world leaders, billionaires, dictators, drug kingpins, famous athletes, and even movie stars. Meanwhile, Bitcoin could be a solution to the wide-scale corruption by providing privacy for the masses and transparency for the mega-rich. The biggest leak in journalistic history,....
Secrecy scandal after secrecy scandal have rocked the financial world since the 2008 financial crisis. In early 2014, the LIBOR scandal uncovered the manipulation of Forex markets. Last week, the Panama Papers detailed the behavior of Panamanian law firm Mossack Fonseca, which has sold shell companies for the past 40 years so individuals could hide their wealth. Political players, drug dealers, celebrities and athletes have been swept up in the revelations of the Panama Papers. It’s exactly this sort of behavior many blockchainers believe could be averted by the public ledger technology....
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.Olympic battleAfter months of writing about the relentless actions of the Chinese government, this week we lead with a story from the US Government. On July 19, three US senators signed a letter addressed to the to U.S. Olympic and Paralympic Committee, requesting US athletes not use the e-CNY in Februarys Winter Olympic games in Beijing. The logic was that the....
Athletes and entertainers announcing new non-fungible token (NFT) releases have recently become a near daily occurrence. Sports agency Wasserman announced this week that several of their top-tier female athletes will be the forefront of a new NFT release, including US Women’s National Team star Megan Rapinoe and eleven-time WNBA All-Star Sue Bird. Wasserman titled the […]
What's factoring into the growing trend among professional athletes and sports teams to use bitcoin as a means of exchange?