Crypto.com Sponsors First Crypto-Prize Golf Tournament

Crypto.com will host the first cryptocurrency prize golf event, "Crypto.com Showdown," at the Shadow Creek Golf Course in Las Vegas on December 14th. The total prize money is up to $10 million, all of which will be paid in its native token, Cronos (CRO). Participants include Scottie Scheffler and Rory McIlroy from the PGA Tour, as well as Brooks Koepka and Bryson DeChambeau from LIV Golf. The competition will be in Ryder Cup style, including four-ball, singles, and alternate shot modes. Crypto.com stated that this event aims to innovate the viewing experience and introduce cryptocurrency rewards for the first time. The event will be broadcast on TNT TV on December 17th.

Comments

All Comments

Recommended for you

CointimeSG ·

Bitcoin Tumble Triggered $1.4 Billion in Liquidations

Altcoins have felt the sting, too. Ethereum was down 16% over a 24-hour period at one point, with XRP plunging 18% and Dogecoin 26%.
CointimeSG ·

Tether to make $775 million 'strategic investment' in Rumble, shares rally 44.6%

Tether, the world’s largest stablecoin issuer, has made a “strategic investment” of $775 million into the right-leaning streaming platform Rumble. Last month, it announced it would allocate up to $20 million of its excess cash reserves to bitcoin.
CointimeSG ·

Analyzing the Movement of Capital Across the Solana Asset

The last two years have been remarkable for Solana, recording a staggering price appreciation of +2,143%. In this article, we utilize the new breakdown metrics for Solana to inspect and understand the underlying capital flows responsible for the dramatic ascent.
CointimeSG ·

Bitcoin is Not an Uncorrelated Asset

Also Two Weeks of Inflows for the Bitcoin ETFs and Hawkish Tone at the Fed
CointimeSG ·

Investor lawsuit filed against Hawk Tuah memecoin creators, partners

“The HAWK Token exhibits all the characteristics of an unregistered security under established legal precedent,” litigants claimed.
CointimeSG ·

Bitcoin miners MARA, Hut 8 continue to acquire more BTC for their reserves

MARA, the largest publicly-listed miner in the U.S., acquired 15,574 BTC for about $1.53 billion. Hut 8, the eighth-largest public miner by market cap, acquired 990 bitcoin for approximately $100 million.
CointimeSG ·

A Bitcoin Reserve Act may end crypto’s 4-year boom-bust cycle

The Bitcoin Reserve Act could break the Halving cycle. Is this four year cycle going to play out differently, will we enter the mythical Supercycle?
CointimeSG ·

Rapidly-growing stablecoin issuer Usual latest to use M^0 infrastructure to launch token

Usual, the issuer of what is now the seventh-largest stablecoin, is launching an extension of M^0’s M token, called UsualM.
CointimeSG ·

Crypto liquidations hit $1B as traders were ‘unprepared for bad news’

A crypto analyst said we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours.
CointimeSG ·

Cathie Wood's ARK Invest Sells More Coinbase Stock Amid Bitcoin Plunge

ARK Invest sold millions of dollars worth of Coinbase stock after the crypto markets took a dive Wednesday.