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.”
Bollywood Actors Involved In ‘’Cashcoin’’ $14 Million Crypto Scam
“I will be in Surat on January 5, 2017, for promoting Cashcoin. As we all know that the future belongs to the cashless trend, we also know how much important role cryptocurrencies would play. So, we’ll meet at the event to know more about Cashcoin.”The police believe Khan received a lot of money for promoting the scam. If the police prove they are right, Khan could face compensation for the investors’ losses and could potentially go to prison for charges of fraud, criminal conspiracy and breach of trust. Shahbaz Khan’s involvement in crypto scams is not the first in the Bollywood world. Before him, there were actors such as Shilpa Shetty and Zarine Khan who promoted other scam crypto projects. In cases such as this one, the police commissioner said:
“These people have been brand ambassadors for this company, endorsing their products and going for their meetings. We came to know they have received huge remuneration and traveled abroad with the company representatives. This is a serious offense.’’Other Bollywood actors who got involved in a crypto scam include Vivek Oberoi who is set to play the key role in Prime Minister Narendra Modi’s biopic, also was involved into taking bribes for promoting political parties in India by accepting cryptocurrency as payments.
Not So Popular: Justin Sun Apparently Has Fake Twitter Followers
“Those followers are as authentic as Jussie Smollet’s beatdown story.”Another commenter believed that getting the police and the Federal Bureau of Investigation involved is the right thing to do in order to bring truth to the crypto community. Justin Sun is believed to be a master at marketing and this is one of the reasons the crypto community can be happy about since his strategies seem to work on investors, dapp users and crypto exchange owners. It’s not a foul play but it sure is very close to the line that you should not cross.
Singapore-Based Blockchain Accelerator Partners With BMW & Intel
Binance Announces Major Changes To Launchpad Token Sale Format
“Other market participants may view this as an opportunity, and countertrade to even out the fluctuations.”The Binance Launchpad is the company’s token launch platform, as the name says, and in most recent times it has concluded a $4 million sale of the Celer Network (CELR) token seven days ago. The platform also conducted the Fetch.AI (FET) token sale and was able to raise about $6 million in just 20 seconds back in February. As previously reported, multiple changes were done to the Binance Application Programming Interface that shows how the company is working hard on implementing margin trading. A week ago, LBank and Bit-Z both of which are exchanges, overtook Binance on the adjusted trade volume according to the rankings on CoinMarketCap but the newly found reports show that most of their volume is fake.
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- The Russian Parliament Pushed Back On Its Crypto Regulation Bill Reading
- After The First Successful Bitcoin Donation, Hamas Demands More
- Bollywood Actors Involved In ‘’Cashcoin’’ $14 Million Crypto Scam
- Not So Popular: Justin Sun Apparently Has Fake Twitter Followers
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