Nielsen Estimates Crypto Sports Sponsorship Spend At $5 Billion In Under 5 Years

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Global market research firm Nielsen expects sports sponsorships through cryptocurrencies to reach $5 billion by 2026. “As a sponsorship category, crypto has quickly catapulted into the limelight, growing exponentially faster than traditional categories. Given the widespread exposure that sports provide, the opportunities for crypto-related sponsorships are blossoming, and the number of inked deals dramatically increased … Read more

If crypto companies are going to spend this much money, can we at least get an 11th F1 team? – TechCrunch

If crypto companies are going to spend this much money, can we at least get an 11th F1 team? – TechCrunch

Tracking the influx of tech money into Formula 1, a racing series famous for its high costs and reputation-laundering for authoritarian governments, has been a fun game in recent years. Tech concerns, flush with capital and power, have poured money into F1 teams and F1 branding because they can afford it — and the sport … Read more

‘I made $4m profit on crypto, but the bank won’t let me spend it’

‘I made $4m profit on crypto, but the bank won’t let me spend it’

Vincent Fraysse*, 36, originally from France but now living in London, managed to turn €3,000 (£2,500) into $4m (£3.9m) betting on movements in markets. He now works for a cryptocurrency hedge fund, but said it took him two years to move his crypto profits into sterling and start spending it. “After finally finding a bank … Read more

U.S. Plans to Spend Billions to Increase Covid Vaccine Supplies

U.S. Plans to Spend Billions to Increase Covid Vaccine Supplies

The White House, under pressure from activists to increase the supply of coronavirus vaccines to poor nations, is prepared to invest billions of dollars to expand U.S. manufacturing capacity, with the goal of producing at least one billion doses a year beginning in the second half of 2022, two top advisers to President Biden said … Read more

cryptocurrency: Crypto exchanges’ Ad spend at Rs 50 crore in World Cup

cryptocurrency: Crypto exchanges' Ad spend at Rs 50 crore in World Cup

Mumbai: Indian cryptocurrency exchanges collectively spent more than ₹50 crore during the recently concluded ICC T20 World Cup. The blitz, dominated by CoinDCX, may have heightened government and regulatory concerns over virtual currencies and the commercials that promote them, according to some experts. Data shows that cryptocurrency exchange CoinDCX advertised seven times per match on … Read more

NSW to spend $130 million on mental health as state records 301 cases of locally acquired COVID-19, 10 deaths

People queue up for vaccinations

The NSW government has pledged $130 million in support for mental health in the wake of the pandemic, as the state recorded 301 cases of locally acquired COVID-19.Another 10 people died in the 24 hours to 8pm on Saturday. The new cases were detected from 69,107 test results received yesterday.NSW Premier Dominic Perrottet said the announcement of funds for services, beds, … Read more

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