Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Crypto Derivate Exchange FTX Partners with NBA's Stephen Curry

Crypto Derivate Exchange FTX Partners with NBA's Stephen Curry

Crypto exchange FTX has announced a long-term partnership with NBA superstar Stephen Curry who plays for Golden State Warriors, making him a global ambassador for FTX.

Curry will receive an equity stake in FTX.com and his foundation, Eat.Learn.Play, will partner with the firm for charitable initiatives.

The basketball star said that he was excited to partner with a company that “demystifies” the Bitcoin and crypto space and “eliminates the intimidation factor for first-time users.”

“FTX is like minded when it comes to giving back to the community in meaningful ways and I can’t wait to see what we can achieve together.”

The partnership marks the Golden State Warriors NBA champion’s first venture into Bitcoin. Additionally, FTX has committed to providing an annual charitable contribution to Stephen and Ayesha Curry’s foundation, Eat.Learn.Play.

Sam Bankman-Fried, CEO of FTX, commented,

“After meeting and speaking with Stephen, it was clear that he is a seamless fit for FTX. His tireless commitment to charity alongside a ferocious work ethic to become the greatest in any arena he steps foot in, whether it is basketball, investing or business, perfectly align with FTX’s core values. I look forward to working together with Stephen to create a positive impact for those who need it most in the world.”

It is becoming more and more common for major professional athletes to find ways to be paid in Bitcoin and to partner with Bitcoin-adjacent companies. Just last month, seven-time UEFA Champions League winner AC Milan struck a multi-year partnership with BitMex to become their first-ever official sleeve partner as well as their official Bitcoin trading partner.

Back in May, Toronto FC forward Ifunanyachi Achara converted part of his pro soccer salary to Bitcoin and sent BTC remittances to family in Nigeria.

In late 2020, NFL Tackle Russel Okung and Strike announced a partnership that will pay a sizable portion of Okung’s $13MM NFL in Bitcoin.

Curry Took It To Twitter

The partnership announcement comes just hours after Stephen Curry tweeted:

“​​Just getting started in the crypto game…y’all got any advice??”

At the time of writing, his tweet has gained over 82K likes, over 12K retweets, and an astonishing 20K comments. It’s very likely that Curry won’t be reading all of the comments personally.

But his tweet did receive a number of high-profile responses.name a new.

The top positioned reply comes from Bitcoin-bull Michael Saylor. Since his firm, MicroStrategy, first bought Bitcoin in August 2020, Saylor has become an evangelist for the leading cryptocurrency.

He’s credited with promoting and educating all comers on the topic, including creating a free educational course to get to grips with Bitcoin.

Like many times before, Saylor said Bitcoin is the crypto to invest in. He then points Curry to a link to his educational course.

“Steph, I spent more than a thousand hours considering this question and chose bitcoin. So far, I have purchased more than $3 billion in BTC because I think it’s the future of digital property. I have posted tons of free #bitcoin education on http://hope.com (or DM me).”

Input Output global CEO Charles Hoskinson also responded by linking a YouTube playlist from Gary Gensler’s time teaching at MIT. The playlist features over 20 hours of content, giving a fundamental rundown of crypto, including consensus, script code, how this sector interacts with commercial banking, etc.

There were also many replies promoting obscure tokens. As well as naysayers trying to steer Curry away with talk of money laundering, links to criminality, and the usual unfounded nonsense.

But tech YouTuber Marques Brownlee gives, perhaps, the best advice by saying:

“Yes. Ignore all Twitter crypto advice.”

Curry is not a newbie when it comes to cryptocurrency, so perhaps this was a well executed marketing campaign to raise crypto awareness in his new role.

Source: Crypto Derivate Exchange FTX Partners with NBA's Stephen Curry – Fintechs.fi

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Spain and Morocco Trade Blame After 72,000 Migrants Enter Ceuta
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
Europe’s Heat and Drought Are Now Disrupting Power, Shipping and Tourism
Europe’s Drying Rivers Trigger Power Cuts, Factory Shutdowns and Wildfire Emergencies
Record-Low Danube Forces Nuclear Cuts and Emergency Power Curbs
Danube Drought Forces Hungary’s Paks Nuclear Plant Into Full Shutdown
Ceuta Death Toll Rises as Spain and Europe Clash Over Border Response
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
Record-Low Danube Exposes Probable Mammoth Remains in Bulgaria
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
The AI User Nightmare: Private Claude Conversations Leaked to the Internet
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Massive Wildfires Ravage Southern Europe: Fatalities in Greece and Evacuations Across France, Spain, and Turkey
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Apple Briefly Crosses Five Trillion Dollar Valuation as Investors Retreat From AI Bets
Fresh Heatwave Threatens to Rekindle France’s Historic Wildfire Crisis
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
The Ledger Will Not Trust on Faith
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
Ukrainian Drone Barrage Kills Eight and Strikes Russian Logistics Network
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
The Monaco Bombing Has Become a Test of Ukraine’s Intelligence Accountability
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
French National Assembly Overrides Senate to Pass Historic Assisted-Dying Legislation
×