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

China’s Central Bank Consults European Peers on Low-Rate Strategies
0:00
0:00
Open
China’s Central Bank Consults European Peers on Low-Rate Strategies
0:00
0:00
Close
China’s Central Bank Consults European Peers on Low-Rate Strategies
France Requests Airlines to Cut Flights at Paris Airports Amid Planned Air Traffic Controller Strike
Poland Implements Border Checks Amid Growing Migration Tensions
Emirates Airline Expands Market Share with New $20 Million Campaign
Amazon Reaches Milestone with Deployment of One Millionth Robot
Yulia Putintseva Calls for Spectator Ejection at Wimbledon Over Safety Concerns
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Extreme Heat Wave Sweeps Across Europe, Hitting Record Temperatures
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Germany Votes to Suspend Family Reunification for Asylum Seekers
Budapest Pride Parade Draws 200,000 Participants Amid Government Ban
Southern Europe Experiences Extreme Heat
Xiaomi's YU7 SUV Launch Garners Record Pre-Orders Amid Market Challenges
Jeff Bezos and Lauren Sanchez's Lavish Wedding in Venice
Russia Launches Largest Air Assault on Ukraine Since Invasion
Massive Anti-Government Protests Erupt in Belgrade
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Hungary's Prime Minister Criticizes NATO's Role in Ukraine
EU TO HUNGARY: LET THEM PRIDE OR PREP FOR SHADE. ORBÁN TO EU: STAY IN YOUR LANE AND FIX YOUR OWN MESS.
Hungarian Scientist to Conduct 30 Research Experiments on the International Space Station
NATO Members Agree to 5% Defense Spending Target by 2035
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
International Astronaut Team Launched to Space Station
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
Oil Prices Set to Surge After US Strikes Iran
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
×