#NBA News

Sacramento Kings Becomes the First Sports Team to Mine Ethereum to Support Locals

U.S.: NBA’s Sacramento Kings Launch DLT-Based Auction Platform

January 16, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Sacramento Kings, a multiple award-winning American professional basketball club has joined forces with Joseph Lubin’s ConsenSys, an Ethereum-powered startup that claims to be solving real-world problems with blockchain technology, to launch a distributed ledger technology (DLT) based live bidding auction platform, according to a blog post on January 15, 2019....

NBA Assessing Revised Offer on Spencer Dinwiddie’s Contract Tokenization

January 14, 2020 by Ashwath Balakrishnan at Bitcoin

Spencer Dinwiddie, a point guard for the Brooklyn Nets, is set to become the first sports player to tokenize their contract and sell it as an investment vehicle. Dinwiddie's contract will be sold as bonds on Ethereum and bondholders will be able to claim his income via the contract. Effectively,...

NBA Player Spencer Dinwiddie Tokenizes Contract with Blockchain

September 15, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Professional basketball player for the Brooklyn Nets Spencer Dinwiddie has opted to turn his National Basketball Association (NBA) contract into a tokenized bond. Investors will be able to invest in the security and earn interest based on Dinwiddie's performance on the field of play, reports The Athletic on September 12,...

NBA Team Maverick Is Now Accepting Bitcoin as a Payment Method

August 15, 2019 by Edoardo Vecchio at Adoption

According to an official announcement made on Twitter on August 13, 2019, NBA team Dallas Mavericks, known as "the Mavs," will start to accept bitcoin (BTC) as a payment method for game tickets and merchandise. Mark Cuban is a Man of his Word American professional basketball team Dallas Mavericks (often...

NBA Joins Forces with Dapper Labs to Launch Digital Collectibles

August 1, 2019 by Ogwu Osaemezu Emmanuel at Adoption

In a bid to make it possible for basketball fans to purchase, trade and own unique digital collectibles representing some of the greatest moments in the sport, the National Basketball Association (NBA) has joined forces with Dapper Labs, the creators of the groundbreaking CryptoKitties, to launch the NBA Top Shot...

Cleveland Cavaliers BasketBall Club Joins the Crypto Bandwagon

July 16, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

The Cleveland Cavaliers, an American professional basketball club established in 1970, and Cavs Legion GC, the NBA 2K League counterpart of the former, have inked a partnership deal with UnitedCoin, a cryptocurrency project. The partnership will enable UnitedCoin to become the official crypto partner of Cavs Legion, according to a...

Credit Card Malware Hackers Attack Atlanta Hawks Online Store

April 25, 2019 by Neil at Business, Crime, Cybersecurity, News

There are all sorts of companies and organizations that suffer data breaches and cyber attacks all over the world, including some of the most powerful and influential corporations in the world. It appears as though the latest victim is none other than the online store of the professional American basketball...

KodakCoin to Feature at NBA and NHL Stadiums after Wenn Digital-OVG Partnership

June 13, 2018 by Shaurya Malwa at Altcoins, Blockchain, News

After a partnership between the parent organizations of KodakCoin and NBA/NHL, the cryptocurrency platform will be offered to fans to earn tokens for taking photos during games. Massive Development In a press release on June 7, 2018, the operator and parent firm of blockchain-based image rights manager platform KotakOne, Wenn...