Sports


Finance

DraftKings Dumps NFT Business, Citing Legal Developments

The sports gambling company faces a class action lawsuit alleging its NFTs are securities.

(Photo illustration by Scott Olson/Getty Images)

Markets

ARG Token Doubles as Argentina Enters Copa America Final

The Argentina Football Association's ARG is the largest soccer fan token by trading volume, according to CoinMarketCap.

ARG token's price. (TradingView/CoinMarketCap)

Finance

Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour

A series of unfortunate sports losses have left Drake very close to losing $1 million worth of bitcoin bets.

Jaylen Brown of the Boston Celtics drives around Kyrie Irving of the Dallas Mavericks during the fourth quarter in Game Two of the 2024 NBA Finals in Boston. (Photo by Maddie Meyer/Getty Images)

Markets

PSG Fan Token Jumps 25% as Football Club Triumphs Over Barcelona

Paris Saint-Germain's fan token is one of several issued for sports clubs by the crypto company Socios.

Paris Saint-Germain stadium (Tim Lontano/Unsplash)

Finance

Paris Saint-Germain Becomes First Soccer Team to Validate a Blockchain

The club will reinvest the proceeds from being a validator into buying back PSG fan tokens.

Paris Saint-Germain stadium (Tim Lontano/Unsplash)

Tech

National Hockey League Comes Around to Digital Collectibles, Using Sweet Platform

NHL Breakaway launches with Sweet, a platform for brands to create NFT collectibles under the Ethereum ERC-721 standard on Polygon and the Ethereum mainnet.

Rendering of NHL Breakaway promotion on Sweet's website. (Sweet, modified by CoinDesk)

Web3

LinksDAO, the Online Community That Bought a Golf Course, Is Accepting New Members

The new tiers of membership offer various levels of access to the group's private Discord, network of peer-to-peer private courses and eventual entry to its Spey Bay Golf Club in Scotland.

A Long Island golf course bathed in sunlight. (Bruce Bennett/Getty Images)

Web3

Fantasy-Sports Firm Sorare Looks to Increase Appeal by Diluting Crypto Association

While Sorare has over 5 million registered users, it is looking to fuel further growth by adding support for the U.S. dollar, euro and British pound.

Soccer stadium (jarmoluk/Pixabay)

Web3

F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing Event

The NFTs, debuting this weekend at the Monaco Grand Prix, offer collectors access to the race as well as future loyalty benefits.

The first mover advantage matters for platforms like Lido, but crypto's longterm viability will require to shake up the staking market. (Papafox/Pixabay)

Web3

Sports Illustrated Launches NFT Ticketing Platform on Polygon

Sports Illustrated's ticketing marketplace SI Tickets has developed "Box Office" in partnership with Ethereum software company ConsenSys.

(Igor Ovsyannykoy/Pixabay)