Mark Cuban's Dallas Mavericks will support bitcoins as a method of payment, the NBA team announced via a press release on Tuesday. Specifically, the team is allowing fans to purchase tickets and merchandise online through a partnership with cryptocurrency payments processing firm Bitpay. This move makes the Mavs the second team in the NBA to accept bitcoin. In 2014, the Sacramento Kings became the first.
“We want our fans who would like to pay with Bitcoin [to have] the opportunity to do so. BitPay allows our global fans to seamlessly make purchases with the Mavs,” said Dallas Mavericks owner, Mark Cuban.
This is not Cuban's first foray into cryptocurrencies. In 2017, the American businessman backed 1confirmation, a venture capital firm dedicated to investing in crypto-related startups and projects. Back then, Cuban told CNBC that cryptocurrencies "is an interesting space that I [want] to get involved with and learn more."
Over the past year, Binance has expanded its in-house AML detection and analytics capabilities. Based on research and analysis, as well as an understanding of cybercriminals' history and cashout tactics, Binance arrived at the conclusion that the biggest security problem in the industry today is money connected to cyberattacks being laundered through nested services and parasite exchanger accounts that live inside macro VASPs, including exchanges like Binance.com
Okcoin, which was founded in 2013, is doing something different in a crowded field of crypto exchanges: it’s going to allow clients to denominate trades in bitcoin in units of satoshi, rather than BTC. On this episode of The Scoop, Okcoin CEO Hong Fang joined host Frank Chaparro for a discussion on Okcoin’s rapid […]
Recently Huobi Wallet has made waves around the industry for launching HClaimer, a new feature that enables users to collect their staking rewards from multiple DeFi projects through just one easy click.