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NBA informs you that your players may not tokenize their commercial contracts

The National Basketball Association, better known by its English acronym as the NBA, published a press release in which clarifies to the players that it is not possible to tokenize their commercial contracts. The NBA ensures that this violates what is established in the collective bargaining agreements for players. The measure was announced after the tokenization announced by Spencer Dinwiddie. The statement says: “According to recent reports, Spencer Dinwiddie has the intent to sell to the investors a security token to be supported by his player contract. The agreement described is prohibited by the CBA, which states that no player shall assign or otherwise transfer to outside parties your right to receive compensation from the team under his player contract uniform”. It is not clear if the NBA spoke with Dinwiddie before providing the statement to the Times. For its part, Dinwiddie expressed his disagreement with the measure, indicating that these principles are stale in the face of the new times.

Creators of RSK acquire the Spanish network

IOVLabs, the parent company behind the network of contracts smart Bitcoin RSK, announced the acquisition of the social networking platform in Spanish Taringa. With the agreement, IOVLabs announced that it will also integrate RIF, the token native of RSK, in Taringa. Currently, the social platform has more than 1,000 online communities active and around 30 million registered users. The union with RSK Bitcoin Smart Contract could encourage the thousands of users of the platform to receive rewards in cryptocurrencies for their participation. In addition, the alliance also plans to add more features and options in the future, as exchanges peer-to-peer between users and a market of dApps. So he explained Matías Botbol, CEO of Taringa in the press release, which added: We are very excited to join forces with the creators of RIF and RSK. We are already building our first tool to allow users of Taringa are rewarded by being active participants. Our ultimate goal is to create a new open Internet is decentralized and respects the freedom of expression and privacy of the individual.

Coindirect launches the first platform cryptographic

The platform of cryptocurrencies Coindirect has launched a brokerage system aimed at traders who seek to make transactions cryptocurrencies high volume. The model of the “counter” (OTC), presented this month, is the first in south Africa and distinguishes Coindirect of their local competitors in the market. The platform creates a vast fund of liquidity through integration with global platforms, allows Bitcoin (BTC locks) price after confirmation and for the immediate processing, without fees or slippage. The service allows users of large volume to avoid long transactions that, according to the reports, it can take more than 12 hours. The COO of the exchange, Nic Haralambous, added: “During our first two years in the industry, we have paid a lot of attention to what users are driving the volume of trade of encryption. Our approach is to bring the criptomoneda to the largest number of users possible, however, the data show that the majority of the daily volume of trade in south Africa at this time comes from a very small percentage of merchants.”

CryptoCompare launches version on exchanges

CryptoCompare just released the August release of their review on exchanges, and one of the interesting findings has been that the exchanges are highly qualified and are getting increased number of visits from the search engines. According to the report, the number of users who visit the web sites of exchanges of criptoactivos has been in decline since June, along with the volume of trade has general itself. The web traffic to Binance increased 68% from July to August, and to Coinbase more than doubled, to 123% in August. Bittrex grew slightly. According to CryptoCompare, some of the exchanges most popular experienced dramatic increases in their web traffic during this period of general decline of the same, a clear indication that the investment in branding enhances the visibility of the brand on the Internet. The following two tabs change content below. Venezuelan, student of the last semester of Social Communication. Attracted by the new technologies and the development that they offer to humanity.

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