Connect with us
  • Home
  • Start here
  • Bitcoin Charts & More
  • Submit PR
  • Advertisement
  • Contact
CLOSE

Blockchain News

Blockchain Startup Becomes Official Sponsor For One Of The Most Prestigious Golf Tournaments

Published

on

A blockchain startup is in the latest news on our DC Forecasts crypto news site, after signing a deal that will make it an official sponsor for a well-known professional golf tournament in the United Kingdom.

LIFElabs is the name of the crypto company which is in the spotlight after signing a sponsorship deal with the Sky Sports British Masters tournament which is set to begin next week. Under the new partnership, LIFElabs will be the first crypto-related firm that backs a tournament in this sport – right alongside corporations such as Adidas, TaylorMade, and Ladbrokes.

The startup also noted that it will utilize a globally covered platform like the British Masters and with that advance the use of its LIFEtokens. There is a hole-in-one competition in which “the first player to hole an ace on the 222-yard hole” will win a £12,000 – prize money which will be converted from LIFEtokens to GBP and matched with a donation from LIFElabs in order to support the Cancer Research UK Kids & Teens and The European Tour Foundation.

The CEO of LIFElabs, Luke Chittock, recently commented on the new partnership, stating:

“We partnered with the European Tour because it is an innovative brand within the golfing world, with one eye firmly fixed on the future. As such, both LIFElabs and the British Masters are looking to make a real difference to people’s lives, both here in the UK and across the rest of the world.”

The Head of Commercial Partnerships at the European Tour also shared his excitement, stating:

“This is an exciting time for the Sky Sports British Masters, and we’re delighted to welcome LIFElabs as an Official Sponsor for the event. Following on so soon after The Ryder Cup, this year’s British Masters promises to be a fantastic occasion, with a popular and worthy host in Justin Rose. LIFElabs is a progressive business and a great fit for the Sky Sports British Masters.”

Share This With Your Friends

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Continue Reading
Comments
Advertisement

Altcoin News

BitMEX Research: The BCH “Hash War” Costed Miners $6.1 Million In Lost Revenue

BitMEX Research is in the latest cryptocurrency news - mostly for its new report which shows that the hash rate of both sides of the Bitcoin Cash "hash war" has led BCH miners to collectively lose as much as $6.1 million in gross revenue since last week's blockchain split - leading to the creation of Bitcoin Cash SV (BCHSV) and Bitcoin Cash ABC (BCHABC) accordingly. As a tweet from BitMEX Research's Twitter profile shows: https://twitter.com/BitMEXResearch/status/1064579883534348290 Something which must be noted is that the profits that were gained from such mining - or loss thereof - would currently be on paper only as neither BCH nor BSV has a liquid market at this time - in fact, they are measuring serious losses. The figure also assumes that everyone renting hash is actually finding blocks or that most or all of the hash being used to win blocks in either chain, right now, is rented. Obviously, this is not always the case as there are many Bitcoin Cash miners that own their hardware and choose to mine on BCH chains for various reasons. What we can conclude is that mining is not anymore a hobbyist game. As you can see from the report, the majority of miners run on tight margins and hardware expenses are at least as important as the cost of electricity - which always varies. As a result of this, analysts believe that a significant amount of new BCH will continue to be sold regardless of how the markets treat the tokens.    
`
Continue Reading

Blockchain News

Crypto Exchange Huobi Forms A Communist Party Branch Complying With Chinese Law

According to the latest information coming from U.S subsidiary of Huobi exchange, the company behind the Chinese-founded Huobi is in the crypto news today for creating a Communist Party branch in order to be compliant with the Chinese law. Huobi has shown massive expansion over the past year and showed really close relations with the government. Local news South China Morning Post notes that the company is forming the Communist Party branch at a subsidiary Beijing Lianhuo Information Service. According to Chinese law, any company that has more than three Communist Party member employees must set up its own branch which was a practice recently confined only to state enterprises. Now Huobi is the first cryptocurrency company and industry business to start this tradition in the crypto world following major retailers Baidu and Alibaba. A Huobi official said at the opening:
 “Today is a milestone for our company.“Under the cordial care of the Party Working Committee of Haidian Park, the party branch of the Beijing Lianhuo Information Service Co., Ltd. has been gloriously established.”
China still remains, however, a difficult place for cryptocurrency businesses since it is a very complex jurisdiction. They already banned trading and ‘’propaganda’’, created this cautious atmosphere and investors got spooked while many other crypto outputs lived to their slow exodus to Hong Kong. Huobi is now at number three of the world’s largest crypto exchange by trade volumes, daily seeing more than $754 million in trades.
`
Continue Reading

Blockchain News

Famous NY-Based Art Auction House Records A $318 Million Sale On A Blockchain

There has been a new milestone in the blockchain adoption, this time set by the successful recording of a record-breaking art sale on a blockchain. It all began on November 13th when the Barney A. Ebsworth Collection recorded a sale at the famous Christie's auction house in New York and raised a total of $317,801,250 - and went viral in today's crypto news. The sale quickly became the most valuable art auction to be ever recorded on a blockchain. In an official press release about it, Christie's revealed that the auction was handled in partnership with the art-focused technology provider Artory by using its permissioned blockchain to host the auction information. During the night, at least thirteen auction records were set, with the Chop Suey piece by Edward hopper fetching an amazing $91,875,000. Including participants from 23 countries bidding for an art collection curated by the famous collector Barney A. Ebsworth, the auction had the work of artists such as Jackson Pollock, William de Kooning, Charles Demuth and Georgia O’Keeffee. In total, 42 art pieces were auctioned off with Artory's private Ethereum blockchain implementation that recorded all of the details of the sale. This Thursday, a new batch of 49 pieces from the Barney A. Ebsworth collection are set to go on auction again, described as 'the most important privately-held collection of the 20th Century American Art'.
`
Continue Reading

Blockchain News

Power Ledger Launches A P2P Trading Product For Renewable Energy

In the cryptocurrency news today, we are focusing on the notable blockchain project Power Ledger and its launch of a peer-to-peer trading product for renewable energy. In the wake of the launch, Power Ledger said that it will launch with American PowerNet at their home base in Pennsylvania. As a blockchain-based solution for renewable and cost-effective energy, Power Ledger also has its own cryptocurrency (the POWR token) and as their website reads, envisions “an economy where households that generate electricity can trade with their neighbours and get a fair return on their investment. Where electricity is stable, affordable and available to everyone." The launch of Power Ledger's peer-to-peer (P2P) renewable energy platform was also covered in a press release by Business Wire, which labeled that the launch will occur with the licensed retail electric provider American PowerNet at its headquarters in Wyomissing, Penn. As stated on their website, American PowerNet is best described as "an independent power supply company providing retail and wholesale electric supply services throughout the United States” which operates on the bleeding edge of the industry which includes blockchain application. The press release also explains that American PowerNet will employ the xGrid platform by PowerLedger - which will allow American PowerNet to swap solar energy (absorbed from the buildings) with nearby associated neighbours which will reduce carbon emissions and the cost of electricity. https://twitter.com/PowerLedger_io/status/1062318101927157760 The president of American PowerNet, Scott Helm, officially stated:
“Rather than just dump our excess solar power on to the grid, we’re thrilled we can now provide clean, sustainable power to our neighbors”.
Power Ledger is currently partnered with the Clean Energy Blockchain Network (CBN) which will also help with the launch. As the press release notes, the launch will occur this month and the operation will work with current meters and data so that new hardware, software and effort is not necessary.
`
Continue Reading

Newsletter

For Updates & Exclusive Offers
enter your email below








ADVERTISEMENT

Join us on Facebook

Recent Posts



UPCOMING EVENTS RECOMMEND BY DC FORECASTS

december

03dec(dec 3)8:00 am04(dec 4)6:00 pmDigital Currency Con8:00 am - 6:00 pm (4) Sheraton New Orleans Hotel, 500 Canal Street, New Orleans, Louisiana 70130 USA

wed05dec9:30 am5:30 pmDigital Asset Investment ForumExploring the Emerging Asset Class​.9:30 am - 5:30 pm The St. Regis Washington, D.C, 923 16th and K Streets, N.W., Washington, District Of Columbia 20006 USA

06dec(dec 6)8:00 am07(dec 7)4:00 pmCryptocurrency World Expo London Summit8:00 am - 4:00 pm (7) CINEWORLD CINEMA - GREENWICH, The O2, Peninsula Square, London SE10 0DX

thu06dec10:00 am6:00 pmBlockchain Conference Philippines10:00 am - 6:00 pm HOLIDAY INN HOTEL & SUITES MAKATI, Glorietta Mall, Palm Drive, Ayala Center, Makati, 1224 Metro Manila, Philippines

tue11dec8:00 am6:00 pmAtlanta Blockchain ExperienceA Unique, Kick-Off Event Focused on Blockchain Adoption, Use Cases, and Building Your Network!8:00 am - 6:00 pm The Monday Night Brewing GARAGE, Atlanta, GA

NEWS CATEGORIES



Trending Worldwide

X
X