Latest Sports News

  • Indian State of Telangana Is Interested in Using Blockchain for E-Voting
    Indian State of Telangana Is Interested in Using Blockchain for E-Voting
    The State Government of Telangana may develop a blockchain e-voting platform for state and national-level use. The Southern Indian state of Telangana may soon develop and test a blockchain-based electronic voting system to facilitate remote voting. Speaking at a webinar conducted by the Election Commission of India and Tamil Nadu E-Governance Agency, the Principal Secretary of Information Technology Jayesh Ranjan suggested that the state may initially experiment with blockchain e-voting on a small scale and later widen the implementation. Members of the Election Commission of India, Ministry of Electronics and IT, India’s citizen engagement platform MyGov and blockchain industry leaders were also a part of the webinar. The members of the webinar discussed the possible use of blockchain technology in deploying an e-voting platform for Indian states, reported local news outlet Deccan Chronicle. Ranjan said that the state government may persuade smaller bodies such as civil societies, neighborhoods, and sports associations to conduct internal elections using their blockchain-based e-voting platform.  Depending on the possible use-cases observed through these smaller experiments, they may move ahead and convince other state governments to use the blockchain platform.
  • South Korean Beachgoers Can Now Use Bitcoin to Pay for Services
    South Korean Beachgoers Can Now Use Bitcoin to Pay for Services
    The Haeundae Beach System in Busan is part of a pilot project that aims to offer crypto payment solutions to beachgoers in the summertime. A pilot project run by Bitbeat-affiliate company CIC Enterprise wants to provide crypto payment solutions at two of the busiest beaches of the country for tourists to use. According to ZDNet Korea, the firm partnered with card and cash payments provider Innotech for the token-powered payments solution in the Haeundae Beach System on the beaches of Busan in South Korea famous with tourists. The program will allow people to pay for water sports-related activities, life jackets, and even parasol rentals, among others, with Bitcoin (BTC), Ethereum (ETH), along with MCI and WAY ERC20 tokens through a smartphone-based application. A faster payment solution for tourists Bitbeat said that such payments could be processed in less than 10 seconds by relying on the use of QR codes for any wallet in the world, making it different from similar projects that often require customers to download separate apps to complete all the process. The company adds: “We hope that the virtual currency used in the Haeundae-gu beach system will be more widely used in real life.
  • Bitcoin Billionaires to Pitch Cryptocurrency to Influential Day Trader Dave Portnoy
    Bitcoin Billionaires to Pitch Cryptocurrency to Influential Day Trader Dave Portnoy
    Tyler and Cameron Winklevoss, the twins who founded crypto exchange Gemini in 2014, have agreed to explain the concept of Bitcoin (BTC) to Barstool Sports CEO and highly-influential day trader Dave Portnoy.
  • Barstool Sports Boss Baits Bitcoiners In Front of 1.7m Followers
    Barstool Sports Boss Baits Bitcoiners In Front of 1.7m Followers
    Dave Portnoy. Source: a video screenshot, Youtube Another day, another would-be bitcoin (BTC) troll (or a new investor): A Twitter storm is brewing online after Dave Portnoy, the man behind the popular Barstool Sports pop culture blog, decided to take a tongue-in-cheek swipe at the crypto community – following on from a similar tirade from Harry Potter author JK Rowling in May this year.
  • Barstool’s Dave Portnoy Wants to Buy Bitcoin – Asks Winklevoss Twins to Teach Him
    Barstool’s Dave Portnoy Wants to Buy Bitcoin – Asks Winklevoss Twins to Teach Him
    Barstool Sports president Dave Portnoy has been amassing a notable following throughout the past few weeks due to his stock trading live streams – and now he wants in on Bitcoin.
  • Barstool Sports president: 'I want to buy all the Bitcoins'
    Barstool Sports president: 'I want to buy all the Bitcoins'
    The Winklevoss twins have agreed to show Dave Portnoy how to use Bitcoin, albeit in their college rowing uniforms.
  • Fan Token Platform Socios Secures Key Regulatory License
    Fan Token Platform Socios Secures Key Regulatory License
    Sports token-focused platform Socios prepares to issue a payments and loyalty card with a new license from Estonian Financial Intelligence Unit. Socios.com, a blockchain startup aiming to tokenize the sports industry, has secured a major regulatory license allowing it to issue its own payments and loyalty card. Issued by the Estonian Financial Intelligence Unit, or FIU, the new license has been granted to the new Estonia-based entity called Socios Entertainment OU.
  • Spotting the Potential of NFTs in the Blockchain Gaming Industry
    Spotting the Potential of NFTs in the Blockchain Gaming Industry
    Polyient Games’ Craig Russo believes that the NFT market has come to represent one of the “most attractive opportunities” across digital assets. Non-Fungible Tokens (NFTs) are emerging as a very popular blockchain trend in gaming, as they're also now being used in the sports industry (ticketing), financial services, and as a way to sell and transfer property, highlighted Craig Russo, director of innovation of an investment firm and startup ecosystem, Polyient Games. In an interview with Cointelegraph, Russo explains that NFTs first captured the attention of the mainstream crypto community in 2017 with the launch of Ethereum (ETH) collectibles game, CryptoKittie. Since then, Russo believes that the NFT market has come to represent one of the “most attractive opportunities” across all digital assets, with immediate use cases already being found within the art, collectibles and even the gaming industries Polyient Games’ director of innovation explained further about the role of NFTs within the gaming space and its “steadily” popularity: “One reason gamers are gravitating towards blockchain is that - unlike traditional games - blockchain environments permit players to gain true ownership of their in-game items.
  • English Football Club Hit With Multi-Million Dollar Ransomware Attack
    English Football Club Hit With Multi-Million Dollar Ransomware Attack
    Cybersecurity authorities in the UK warned that ransomware could threaten the sports sector. The UK National Cyber Security Centre released a report on July 23 that discloses a growing trend in ransomware attacks against the sports sector.
  • Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way
    Vegasbetting.com Study Found US Sports Betting Market Is Leading the Way
    Ten out of ten major US sportsbooks accept Bitcoin deposits while only one in ten sportsbooks with a global footprint process Bitcoin payments.
  • How Bitcoin Allows Cloudbet to Offer the Fairest Odds in Soccer
    How Bitcoin Allows Cloudbet to Offer the Fairest Odds in Soccer
    One crypto sportsbook is using the English Premier League’s return to demonstrate how blockchain technology helps it to offer customers fairer prices to maximise their winnings.