• Coming not-so-soon?
    Asia & Australia,  Cryptocurrencies,  Media

    Binance to The Block: STFU and let us do business in China

    The Block’s Larry Cermak opened a can of worms in explaining how Chinese citizens can use Alipay and WeChat, which ban cryptocurrency transactions

    Did the CEO of Binance, one of the largest cryptocurrency exchanges, threaten cryptocurrency media site The Block over a trio of tweets detailing how banned peer-to-peer cryptocurrency trading really happens in China?

  • Brooklyn_Nets_Spencer Dinwiddie (Tdorante10 via Wikimedia commons)
    Cryptocurrencies,  Innovators,  Regulation

    Spencer Dinwiddie plans rebound from NBA $13.5 million tokenization rejection

    The Brooklyn Nets star guard plans to meet with the league to argue that selling a cryptocurrency backed by his $34 million contract doesn’t violate NBA rules

    Despite league opposition, Brooklyn Nets star and cryptocurrency enthusiast Spencer Dinwiddie hasn’t given up on plans to tokenize his $34.4 million contract and sell it to investors on the Ethereum blockchain. On September 26, Dinwiddie announced plans to offer tokens worth up to $13.5 million of his three-year contract to investors, trading up-front cash for his per-game payments. His contract is guaranteed, so investors would not lose their money if he is injured. The next day, the NBA told Dinwiddie that the plan violated the league’s collective bargaining agreement with the National Basketball Players Association, which says a player cannot “assign or otherwise transfer” his salary, the New York Times…

  • Bitcoin,  Ethereum,  Innovators,  People

    You’ll be able to buy NBA tickets with bitcoin next season

    Any team you want, as long as that team is the Dallas Mavericks

    Serial entrepreneur and Dallas Mavericks owner Mark Cuban tickled the crypto community at a time when many could use a laugh: on Monday night, Cuban revealed that Mavericks fans will be able to buy their tickets with bitcoin starting next season, October of this year. It’s hard to say how premeditated this decision is when word is coming via Cuban’s Twitter account. A pseudonymous crypto-trader persona named Batman Cash asked the A-list reality TV and business star,  “Mark, when will I be able to purchase Mavs tickets with bitcoin?” Cuban’s response was quickly to the point: “Next season.” He clarified things in a later comment to CoinDesk: “We will be…