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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
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The contract between FTX and Miami-Dade County says FTX must pay the County three years of fees in the event of default. Original Source
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Miami-Dade County terminated its relationship with the exchange. Source
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“Our goal is to help these teams in tandem break through into Web3 and bridge their existing client and fan base into crypto,” Chain CEO Deepak Thapliyal told CryptoX. “We are not evaluating what others are doing in this market climate, but what our partnerships can do with these sports
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FTX has been steadily building up its presence in southern Florida, including purchasing the naming rights to the NBA’s Miami Heat arena in 2021 for $135 million. Source
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Authorities arrested Esteban Cabrera Da Corte, Luis Hernandez Gonzalez and Asdrubal Ramirez Meza Tuesday morning, alleging the group used stolen identities to purchase millions in cryptocurrencies on a “Cryptocurrency Exchange,” in 2020. The purchases were funded with bank transfers, and after buying the crypto, the men disputed the transactions with
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a
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Kristina Cornèr, Cryptox's editor-in-chief, sat down with Miami Mayor Francis Suarez at the recent World Economic Forum held at Davos, Switzerland, to discuss topics like the role the mayor played at the WEF, Bitcoin being a global currency and what the mayor does with his BTC.According to Suarez, his role at
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Miami Tech Week took place last week in the South Florida city as part of April's Tech Month programming, which also included NFT Miami and the Bitcoin 2022 conference earlier in the month. Tech Week kicked off with the eMerge Americas conference and the myriad of panel discussions scheduled throughout the
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press release PRESS RELEASE. Global crypto exchange, LBank, joined Bitcoin Miami 2022 as a first-time sponsor and exhibitor, attracting more than 500 attendees to their satellite event, and announcing their many ambitions in the United States. As one of the biggest crypto events in the US, Bitcoin Miami 2022 gathered
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