Category: Bitcoin

Categories
Bitcoin Bitcoin Investment Bitcoin Wallet Crypto Mining Cryptocurrency Investment Cryptocurrency news HYIPs

Dallas Mavericks fan wins $ 100,000 worth of Bitcoin at NBA shootout event

Isaiah Stone won $ 100,000 in Bitcoins at a Voyager Digital sponsored NBA shooting event.

A Dallas Mavericks fan won $ 100,000 in Bitcoin (BTC) after making a series of throws at a National Basketball Association (NBA) shootout event sponsored by crypto broker Voyager Digital.

Isaiah Stone, the winner of the basketball game, completed all stages of the challenge which included a free throw, a triple and a half field goal. According to the Dallas Mavericks, the Voyager-sponsored cash prize was the biggest on-field promotion for the team.

#MFFL, Isaiah Stone just won the BIGGEST cash prize ever for a promotion on the field for the Dallas Mavericks‼ ️

He returned home with $ 100,000 in cryptocurrency (Bitcoin) thanks to our new partner @investvoyager pic.twitter.com/ssW4Mz70sy
- Dallas Mavericks (@dallasmavs) October 29, 2021

Voyager Digital struck a five-year partnership deal with Mark Cuban’s Dallas Mavericks on Wednesday to increase crypto exposure among NBA fans through various fan engagement promotions.

As Cointelegraph reported, the crypto platform will also have naming rights to the franchise’s Mavs Gaming Hub in Dallas, a location for the Mavs NBA 2K League team. According to the Cuban:

"Our partnership with Voyager will allow Mavs and NBA fans to learn more about Voyager and how they can get more from the Voyager platform than traditional financial apps."

Additionally, the NBA Franchise Rewards Program allows fans to purchase merchandise and earn rewards in cryptocurrencies, including Bitcoin, Ethereum (ETH), and Dogecoin (DOGE).

Related: Coinbase Announces Multi-Year Partnership With NBA And WNBA

On October 19, Coinbase signed a multi-year partnership with five NBA leagues: NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League and USA Basketball, as an official partner to improve the interaction of the fans.

Kate Rouch, Coinbase Marketing Director, said: “As part of the partnership, we will create interactive experiences to engage the amazing NBA and WNBA community and athletes from around the world. “

Categories
Bitcoin Bitcoin ETF Bitcoin Investment Bitcoin Wallet Crypto Mining Cryptocurrency Investment Cryptocurrency news

Everything you need to know about Litecoin cryptocurrency

It is a peer-to-peer cryptocurrency founded 10 years ago in October 2011 by Charlie Lee, a former Google employee. Litecoin (LTC) was called the “Lite version of Bitcoin” by the founder when it was first introduced to the market. You can store instructions on how to use an LTH right in a digital wallet, certification of ownership, method of asset exchange, and the value and amount of assets transferred.

LTC allows instant payment to anyone in the world at negligible cost – the transaction fee is $ 0.05. It is an open source global payment network with no middleman to process the transaction. One of the hallmarks of LTC is the rapid confirmation of transactions and improved storage efficiency against major mathematical currencies. Other features include liquidity, equity, and faster technology.

Over time, the cryptocurrency is adopted around the world and investors are looking for better options to invest in these private cryptocurrencies. All cryptocurrencies use blockchain technology-based platforms that help maintain open records or locks between seller and buyer. LTC has a finite and predictable supply that would be capped at 84 million mined coins, making it a rare asset that derives part of its value from scarcity. Due to the limited supply, LTC is also traded as silver rather than Bitcoin gold to attract investors.

Investors can buy Litecoin through a cryptocurrency exchange, where LTC is traded regularly, even on weekends. The cryptocurrency thus purchased must be stored in a secure place called digital wallets. These wallets can be stored on Android, iPhones, laptops and desktops using software. Generally, four types of wallets, namely paper wallet, mobile wallet, hardware wallet, and desktop wallet, can be used to store digital currency where access would be via a private key generated at effect.

Categories
Bitcoin Bitcoin Investment Bitcoin Wallet Crypto Mining Cryptocurrency Investment Cryptocurrency news HYIPs Investment News

Zaragoza is the first Spanish city to publish NFT

Zaragoza is the first city in Spain to publish NFT, a new form of digital property that is gaining ground around the world.

DTVs are a new form of digital ownership that allows users to own an item of digital content just as they would a physical item. It’s also an investment – the value of NFT increases as more and more people use it and join the community.

The Zaragoza City Council has recently become the first official body in Spain to implement NFTs. During the Fiestas del Pilar, visitors to its venue were able to win the NFTs of Cabezudos de la Pilara, El Berrugón and La Forana, three cultural events taking place in Zaragoza.

NFTs are not only fun to collect, they also offer significant benefits to governments in terms of engaging with their citizens. These digital objects can be used ​​in public spaces to interact with citizens and promote interaction between government and its citizens. Citizens can use them to contribute positively to the community.

Buy virtual land

In addition, you can purchase virtual terrestrial NFTs in Zaragoza with Next Earth technology.

Next Earth is a virtual Earth replica that allows you to purchase NFTs that are assets from digitally simulated locations. You can buy virtual real estate, such as land in the city of Zaragoza, with BNB, the native Binance Smart Chain token.

Importantly, these virtual properties in Next Earth are not just for Zaragoza: anyone can buy land in the city of their choice.

And now, anyone who has followed this space will know what it means to have “bought” a house or land. But what about those who didn’t pay attention?

Get your feet wet with virtual real estate

Next Earth is the first blockchain-powered platform that allows you to purchase NFTs (Non-Fungible Tokens) that are assets from digitally simulated locations.

The blockchain ensures that each property is unique and cannot be replicated. It also allows the exchange between users who want to buy or sell virtual real estate. In fact, this is how Next Earth’s revenue is generated. Additionally, 10% of every purchase goes to environmental causes such as The Ocean Cleanup, Kiss the Ground and Amazon Watch.

Virtual real estate is a great way to get started in the NFT space, as you can see what it’s like to own something before you buy a collector’s item or property, like a house. You’ll understand the pros and cons of owning a DTV before making any kind of purchase, whether it’s real estate, artwork, digital movies, or anything else.

Let’s take a look at some of the benefits of owning virtual land.

Benefits of virtual real estate

Virtual real estate allows you to become an owner without having to invest in physical property. Many people don’t have enough money to buy a property, but they do have money to buy virtual real estate. This gives them the ability to buy from the market with just their cryptocurrency.

Additionally, virtual real estate provides an easy way for people new to cryptocurrencies or blockchain technology to familiarize themselves with this exciting space. If you’ve always wanted to learn more about cryptocurrencies but didn’t know where or how to start, purchasing virtual land at Next Earth is a great place to start!

Finally, virtual real estate gives users a tangible representation of their favorite city that they can use and even trade like a traditional currency. You may not be able to visit Zaragoza in person anytime soon (unless you’re very lucky), but you can go online and “visit” it living virtually there in Next Earth.

Zaragoza is a Spanish city known for its public market, numerous museums and historical monuments. Want to get started in real estate? The Zaragoza conspiracies are suspended. Or maybe you prefer to buy land in France. All of this is now possible with the advent of NFTs, and you won’t have to move away from your computer screen to reach them.

Categories
Bitcoin Bitcoin Investment Bitcoin Wallet Crypto Mining Cryptocurrency Investment Cryptocurrency news

Nigeria’s central bank says it is ready to launch CBDC

After failing to implement its CBDC on October 1, the Central Bank of Nigeria (CBN) released a document reiterating its commitment to launch e-naira. In fact, in this document titled The Design Paper for the E-naira, CBN says that it is now ready to launch Nigeria’s CBDC.

CBN prioritizes robust ecosystems

However, in the same document, the central bank appears to downplay the implications of the failed launch, as expected. Instead, the CBN tries to highlight the importance of getting it right the first time and how this ensures the long-term success of the digital currency. The document explains CBN’s position:

Although the launch of e-naira is an important event, it is a milestone on a long journey. E-naira is a process, not a single step. Over time, CBN believes that the robust ecosystems to be built on the e-naira platform will ensure that Nigeria and Nigerians reap the full benefits of e-naira.

Script by E-Naira

Rather than focus entirely on getting e-naira up and running on time, CBN says it spent a lot of time working on the design and architecture of e-naira. He also prioritized sharing with potential e-naira users the functionality of the digital currency, the risks of e-naira and how they will be mitigated, as well as the roadmap for their implementation.

According to the central bank, it is these critical details that should reassure Nigerians that the e-naira, which will be available to offline users, was well designed and the launch was rigorously planned.

Categories
Bitcoin Bitcoin ETF Bitcoin Investment Bitcoin Wallet Crypto Mining Cryptocurrency Investment

Walmart rolls out 200 Bitcoin ATMs in its stores

The retail giant has launched a pilot program to offer customers the ability to buy bitcoin at Coinstar kiosks in its stores.

Walmart has started a pilot program to bring bitcoin purchase funds to Coinstar kiosks in some of its US stores.

The pilot is part of a larger partnership between Coinstar and Coinme to offer BTC in more than 8,000 kiosks, including 200 in Walmart stores.

“Walmart is expanding access to Bitcoin to more people… and granting more legitimacy to skeptics,” said Sam Doctor, CSO of BitOoda brokerage.

Walmart has launched a pilot program to bring Bitcoin purchase funds to 200 Coinstar kiosks in some of the U.S. retail stores, Bloomberg reported. The initiative is part of a larger cooperation between Coinstar, a maker of machines that allows customers to exchange coins for paper bills or gift cards, and exchange cash for bitcoin Coinme for offer BTC at over 8,000 kiosks in the United States.

“Bitcoin ATMs have been around for quite some time, including in many supermarkets,” Sam Doctor, chief strategy officer and head of research at cryptocurrency broker BitOoda, told Bloomberg. “However, Walmart is expanding access to Bitcoin to more people and giving skeptics more legitimacy if they implement it beyond an initial pilot. “

The initiative was first reported by CoinDesk, which tested the service. Customers who buy BTC insert dollar bills into the Coinstar kiosk and receive a coupon, which can be exchanged for bitcoin minus a 4% machine fee. But customers need to create a Coinme account and go through a background check to use the coupon.

“Coinstar, in partnership with Coinme, has launched a pilot project that allows its customers to use cash to buy bitcoin,” Walmart communications director Molly Blakeman told CoinDesk by email. “There are 200 Coinstar kiosks located in Walmart stores across the United States that are part of this pilot.”