New York Yankees Employees May Now be Paid in Bitcoin

Bitcoin and fintech company NYDIG has partnered with the New York Yankees to provide its Bitcoin Savings Plan to employees. The multi-year partnership cements NYDIG as the organization’s official Bitcoin payroll platform. According to a press release from NYDIG, the Bitcoin Savings Plan (BSP) lets employees convert a portion of their salaries into Bitcoin. Employees will not have to pay any transaction or storage fees for the service. “We’re proud to partner with our hometown team and an iconic sports…

Francis Ngannou: Bitcoin Could Be the “Future of Finance” in Africa

Francis Ngannou – the current Heavyweight Champion of the UFC – recently discussed Bitcoin adoption in Africa with Max Keiser. He said that Bitcoin could become the “future of finance” for the continent, by helping Africans escape monetary control from France. Taking Back Monetary Control The MMA fighter covered the topic on stage this Thursday at the Bitcoin 2022 conference. He explained why economic trade is so difficult there, due to France backing up the currency of 14 African countries.…

Bybit Signs $50 Million Agreement with Red Bull Racing

Singapore-based crypto exchange, Bybit, has completed a $50 million deal with F1 giant, Red Bull Racing. Prior to the multi-year partnership with Bybit, Red Bull signed a $300 million deal with the software firm Oracle a week ago. Bybit’s recent deal however goes down as the biggest yet between a crypto and sports entity in history, on a per-year basis. Bybit was founded in 2018 and has rapidly grown to command more than six million active users globally. Its COO…