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| February 20, 2019

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Don Cheadle advocates for trans youth, criticizes Trump’s alleged Russia connection on ‘Saturday Night Live’

February 17, 2019 |

Don Cheadle wore outfits advocating for trans youth and criticizing Trump’s alleged connection to Russia while hosting ‘Saturday Night Live.’
FOX News

Blockchain Company Buys Spanish Soccer Club, Cementing Crypto-Sports Connection

December 29, 2018 |

Dutch crypto company Libereum has announced the acquisition of Spanish soccer club Elche CF, who are based in the province of Alicante. The move provides another sign that the crypto world’s interest in sports sponsorship and partnerships is growing. 

Also Read: Etoro Will Give Dollar Equivalent of BSV to Pre-Fork Bitcoin Cash Holders

Libereum and Elche Share Joint Vision

Libereum, a company which is “primarily aimed at making cryptocurrency widely accessible to the average person,” has put down an initial payment of €4.3 million ($ 4.9 million) for the Spanish club. The acquisition marks a trend in the crypto world for bringing cryptocurrency to sports with the hope that P2P cash could be adopted as a means of payment in stadiums, club shops, websites and elsewhere.

The acquisition of the club, who play in the Segunda División A (Spain’s second professional association soccer division) is part of Libereum’s plans to bring the club back up to the premier division and make their own cryptocurrency, the liber, an integral part of the club’s financial system. Blockchain Company Buys Spanish Soccer Club, Cementing Crypto-Sports Connection

“The purchase of Elche CF, a beautiful football club that shares our vision of a cryptocurrency future and is willing to actively communicate it to its supporters, is fantastic news,” Cem Kumlar, the founder of Libereum, said in a statement. “The team has been working very hard to achieve this and I would like to express my thanks to all those who have contributed to this impressive and intensive process.”

Libereum’s main objective is to invest in soccer clubs, with the goal of generating demand for its coin. The company has ambitious goals of overhauling everything from transfer deals and ticket sales to merchandising and stadium catering, aided by cryptocurrency.

Growing Relationship Between Crypto and Soccer

Libereum is not the only company focusing on football in the hope of re-energizing the game with the aid of crypto. In August, investment platform Etoro launched partnerships with seven English Premier League soccer clubs – Brighton & Hove Albion, Cardiff City, Crystal Palace, Leicester City, Newcastle United, Southampton, and Tottenham Hotspur – paying for the deals in bitcoin core (BTC).

The landmark move made the social trading and multi-asset brokerage platform the first company to ever pay for a Premier League partnership in bitcoin. The company has since said its goal is to have the sport fully embrace blockchain technology. U.S. managing director at Etoro, Guy Hirsch, said they were “looking to integrate cryptocurrencies into mainstream football in the near future.”Blockchain Company Buys Spanish Soccer Club, Cementing Crypto-Sports Connection

He added: “Educating the masses on crypto assets will ultimately increase public participation in the market, improving the rate of adoption and providing an incentive for merchants and vendors to begin to accept cryptocurrencies as payment.”

Earlier this year, Gibraltar United decided to introduce cryptocurrency salary payments for its players, while English Premier League club Wolverhampton Wanderers started its season by announcing sponsorship from cryptocurrency exchange Coin Deal.

With the most popular sport in the world being introduced to cryptocurrencies, and NBA basketball teams following suit, it may not be long before crypto is propelled into the big league.

What do you think about Liberium’s acquisition and efforts to bring crypto into the sporting world? Let us know in the comments section below.

Images courtesy of Shutterstock and Liberium. 

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The post Blockchain Company Buys Spanish Soccer Club, Cementing Crypto-Sports Connection appeared first on Bitcoin News.

Bitcoin News

Japanese woman arrested in connection to stabbing death of US airman

November 13, 2018 |

A Japanese woman was arrested in connection to the death of a U.S. airman last week, who was fatally stabbed while at his off-base residence in Western Tokyo, the Air Force said in a statement.
FOX News


Australian police arrest women in connection with needles found in strawberries

November 11, 2018 |

Australian police say they have arrested a woman in connection with an investigation into needles found in supermarket strawberries earlier this year. – RSS Channel – World

Alleged ‘Serial Rioters’ Arrested in Connection With ‘Unite the Right’ Rally

October 3, 2018 |

Four members of a militant white supremacist group from California have been arrested on charges they traveled to Virginia last year to incite a riot and attack counterprotesters at a white nationalist rally that turned deadly, federal authorities said Tuesday. The defendants—Benjamin Drake Daley, Michael Paul Miselis, Thomas Walter…

Widow Held in Connection With Officer Husband’s Death

August 8, 2018 |

Jefferson Parish Sheriff’s Office Sgt. Troy Smith is dead. The question is whether it was by his own hand or his wife’s. A judge on Tuesday determined there was sufficient probable cause to hold Smith’s wife, Shantel Parria Wagner, in connection with his June 24 death. The timeline in the…


The Chinese connection to the Zimbabwe ‘coup’

November 19, 2017 |

A visit by Zimbabwean army commander Constantino Chiwenga to China would not normally be seen as unusual, given Beijing’s status as Zimbabwe’s largest foreign investor and longtime ally. – RSS Channel – World

U.K. Police Focus on Suburban Home in Connection With London Attack

September 18, 2017 |

Investigators probing a bomb blast that injured more than two dozen people in London’s subway last week combed through a house in a suburban town owned by elderly foster parents that neighbors said had recently taken in two “refugees.” What’s News Europe


Second man arrested in connection with London tube attack

September 18, 2017 |

British authorities have arrested a second man in connection with the bombing of a London Underground train on Friday, officials said. – RSS Channel – World