DeFI News by Thebittimes.Com

The International Federation of Association Football (FIFA) has partnered with Mythical Games to create FIFA Rivals, a new Web3 mobile game officially licensed by the global sports organization. FIFA and Mythical Games have integrated Mythos Chain, a renowned blockchain network created exclusively for gaming, to power their new non-fungible token-based game. Today, we announced a groundbreaking partnership with @FIFAcom! 🎉 Together, we are launching @FIFARivals, an officially licensed football mobile game scheduled for release on iOS and Android. Are you ready? ⚽ https://t.co/MymoLx8vTU pic.twitter.com/MNraVOKogM — Mythical Games (@playmythical) November 22, 2024 FIFA Taps Mythical Games To Launch An NFT Game In a November 22 blog post, Mythical Games confirmed that they have partnered with FIFA to launch a new non-fungible token mobile game, FIFA Rival. This game will be a free-to-play game launched on iOS and Android in the summer of 2025. Nonetheless, the ...

Over the past several years, crypto marketing teams have been vying for the eyes of millions of sports fans through sponsorship deals with some of the world’s most popular clubs, teams, and franchises. These firms have paid millions to rename arenas, display their branding front and center during tournaments, and take up valuable real estate on shirts, jerseys, and merchandise. And, needless to say, they’ve launched way too many tokens. The burgeoning relationship between crypto and sport shouldn’t come as a surprise. After all, top-level sport gives sponsors access to a global audience of literally billions of people who they know will be watching week in, week out. On the other side, many of these partnerships give this audience the opportunity to engage with their club, team, or favorite players. It appears to be a match made in heaven. Of course, things don’t always work out — see the collapse of FTX after inking numerous sponsorship deals, or th...

Patrick O’Connor, the personal pilot to billionaire Joe Lewis, has pleaded guilty to securities fraud charges related to insider trading. A press release from the US Attorney’s Office in the Southern District of New York details how O’Connor “received material, non-public information from Lewis and then traded on the basis of that information.” This information enabled O’Connor to profit from biotech investments, including Mirati.  Lewis, who is the former owner of Premier League football club Tottenham Hotspur, has himself previously pleaded guilty to securities fraud charges related to insider trading.  Lewis made a significant portion of his fortune by shorting the British pound alongside George Soros in 1992.  Lewis is also connected to Bahamian banker Jean Chalopin, who sold him the famous ‘Albany House’ that was featured in the Bond movie Casino Royale. Chalopin’s bank, Deltec Bank and Trust has since been accused in a...