Swiss asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin (BTC) exchange-traded fund (ETF) race in the United States.
On the same day, investment giant BlackRock met with the country’s securities regulator to pitch an updated ETF model based on the agency’s feedback.
On Nov. 29, Pando submitted a Form S-1 to the Securities and Exchange Commission — used to register securities with the agency — for the Pando Asset Spot Bitcoin Trust.
Like other ETF bids, the trust aims to track Bitcoin’s price with the custody arm of the crypto exchange Coinbase to hold Bitcoin on behalf of the trust.
Pando is the 13th bidder aiming to have an approved spot Bitcoin ETF in the U.S. and joins the race with a dozen others that have been bidding for SEC approval, which include BlackRock, ARK Invest and Grayscale.
In a Nov. 29 X (Twitter) post, Bloomberg ETF analyst Eric Balchunas said he has “more questions than answers” about Pando’s filing, questioning why it came so late.
more questions than answers: where have they been for last 3mo? why bother at this point? if they make Jan 10 crew what does that say about fair play and even society as we know it? And what exactly is a Pando?
Balchunas also raised concern about the implications should Pando’s ETF be among the “crew” of Bitcoin ETF filings he predicts will be approved on Jan. 10.
“What does that say about fair play and even society as we know it?” he added.
Balchunas and fellow Bloomberg ETF analyst James Seyffart have put their money on Jan. 10 as the day all spot Bitcoin ETFs would be approved at once, as it’s the day the SEC must deny or approve ARK Invest’s bid.
However, Seyffart told his followers on X that he doubts Pando’s ETF “is ready to go on [the] first day with the others but crazier things have happened I guess.”
BlackRock meets with SEC to discuss ETF bid
Meanwhile, the SEC met with BlackRock and Invesco executives on Nov. 28 to discuss their ETF bids, according to agencydocuments.
BlackRock pitched a revision to its redemption model to address the SEC’s concerns from an earlier meeting on balance sheet impacts and risks to U.S. broker-dealers dealing with offshore crypto entities.
Balchunas explained the revision sees the offshore entity getting Bitcoin from Coinbase and pre-paying the U.S. registered broker-dealer in cash, which cannot directly handle Bitcoin.
Here’s the original vs revised in-kind model, look like the new thing is STEP 4, which is the offshore entity market maker getting bitcoin from Coinbase and then pre-paying in cash to the US registered broker dealer (who is not allowed to touch bitcoin). pic.twitter.com/bDgYAnufWA
Balchunas explained in a Nov. 17 X post that broker-dealers can’t deal in Bitcoin and the SEC was asking ETFs to have redemption models that “puts [the] onus on issuers to transact in Bitcoin and keeps broker-dealers from having to use unregistered subsidiaries or third party firms to deal [with] the BTC.”
The games took place there in 2002, and after the International Olympic Committee met in Paris on Wednesday, they came away impressed with the city’s proposal to host it once more.
Chair of the IOC’s Future Host Commission, Karl Stoss, basically confirmed Salt Lake City as the host city in 2034 after calling it the preferred candidate.
Jordan Stolz of the USA during the Men’s 1000m on day 14 of the Beijing 2022 Olympic Games at the National Speedskating Oval on February 18, 2022 in Beijing, China (Douwe Bijlsma/BSR Agency/Getty Images)
While the Winter Olympics will be in the United States that year, France also became the preferred host in 2030. Stoss said that Salt Lake City preferred to wait four more years to account for extra time to prepare for the games.
However, the key word here is “preferred.” The host cities will still need to “do their homework,” as Stoss said, per Yahoo Sports, to make sure that all boxes are checked.
That would include government contracts, safeguards and more before a final vote comes in July 2024.
Cross-Country Skiing Women’s 30Km Mass Start Free Silver medalist Jessie Diggins of Team United States celebrates during the Beijing 2022 Winter Olympics Closing Ceremony on Day 16 of the Beijing 2022 Winter Olympics at Beijing National Stadium on February 20, 2022 in Beijing, China.(Maja Hitij/Getty Images)
“We are so ready for this,” Salt Lake City’s mayor, Erin Mendenhall, said to reporters on Wednesday. “We are ready to lock it in.”
Salt Lake City didn’t have competition for its bid in 2034, as it was the only host city that proposed to host the games. Still, it came prepared, and prominent figures in Utah were waiting outside the meeting in Paris to await the results.
A general view of hockey pucks on the Olympic logo during the Women’s Ice Hockey Quarterfinal game between Team United States and Team Czech Republic on Day 7 of the Beijing 2022 Winter Olympic Games at Wukesong Sports Centre on February 11, 2022 in Beijing, China. (Bruce Bennett/Getty Images)
The Winter Olympics in 2002 is also regarded as one of the best games in history, which included the U.S. sweeping in halfpipe snowboarding, Sarah Hughes winning gold in ladies’ single figure skating and Canada taking down the U.S. in men’s ice hockey to get gold for the first time in 50 years.
Scott Thompson is a sports writer for Fox News Digital.
When the Philadelphia Eagles need a yard or two, they typically will break the huddle and lineup in their “tush push” formation. The Eagles finished last season with a 93.5% success rate and are converting at an eerily similar level so far this season.
Philly has perfected the act of pushing a ball carrier, particularly during a quarterback sneak. The virtually unstoppable play has been a hot topic since last season, with some calling for the league officials to ban the play.
But for now, longtime Eagles center Jason Kelce is responsible for getting the ball into quarterback Jalen Hurts hands whenever they run the now-famous play. But, Buffalo Bills defensive tackle Jordan Phillips drew the ire of Kelce during one particular instance of the “tush push.”
Cam Jurgens #51 of the Philadelphia Eagles celebrates with Jason Kelce #62 against the Buffalo Bills at Lincoln Financial Field on November 26, 2023 in Philadelphia, Pennsylvania.(Mitchell Leff/Getty Images)
During a recent appearance on Philadelphia’s Sportsradio 94WIP, the six-time Pro Bowl center recalled a specific sequence when the Eagles lined up for their trademark play. But what stood out for Kelce was what he believed was Phillips seemingly trying to injury his fellow offensive lineman Cam Jurgens.
Jurgens appeared to jump offsides during the play in question.
“Teams are really trying to stop that play… I thought it was b——- at the time. I really did. I said so to the official on the field,” Kelce said.
“I said, ‘I’ve been running that play a lot of years. I’ve seen people jump offsides. He made zero effort to stop after he jumped offsides. He purposely tried to hurt Cam Jurgens. I thought it should have been a personal foul, and I think he should be fined for that play.’ I thought that play in particular was absolutely a disgrace that the NFL should not allow.”
Jordan Phillips #97 of the Buffalo Bills reacts against the Philadelphia Eagles at Lincoln Financial Field on November 26, 2023 in Philadelphia, Pennsylvania.(Mitchell Leff/Getty Images)
Kelce also criticized the game’s referees for displaying what he believed was a poor job of officiating on the play.
“I really do. I don’t know Jordan Phillips. He might be the best guy in the world, but that, in my opinion, the NFL needs to do something about. Because that shouldn’t be allowed in this game. I thought the officials did not do a good job of officiating that play. I really did. That was so clearly not an offsides. That was a personal foul. And it should have been stipulated right from that moment.”
Jurgens did not appear to suffer an injury on the play, and he did finish the game. Aside from being offsides, officials also did not penalize the Bills defensive tackle. The offside penalty gave Philly five yards and an automatic first down.
The league typically announces fines for on-field conduct several days after a game. It remains unclear whether Phillips will face supplemental discipline as a result of his actions this past Sunday.
Cam Jurgens #51 and Jason Kelce #62 of the Philadelphia Eagles walk onto the field against the Washington Commanders at Lincoln Financial Field on November 14, 2022 in Philadelphia, Pennsylvania.(Mitchell Leff/Getty Images)
At a different point in the game, Phillips along with his teammate Shaq Lawson, appeared to confront fans during the three-point overtime loss at Lincoln Financial Field. Lawson later took to social media to apologize and also explain his side of the series of events.
“Those of you who know me know that I’m all about the fans, and I have a lot of respect for the game I play and my opponents,” Lawson wrote on Instagram earlier this week.
“Before the game started yesterday, there was a fan behind our bench, who was making life-threatening remarks towards us and our families. We asked Philadelphia security to remove the fan, but he was allowed to stay for the entire game. Eventually, our emotions boiled over, and I made a mistake. For that, I apologize, but there are certain lines that should not be crossed.”
Phillips said a fan made threatening statements about his family.
“I love the crowd I love rowdy fans it makes the game fun,” Phillips wrote on Instagram on Monday. “But one thing I’m not going to tolerate is someone threatening me or my family. This is a line that shouldn’t be crossed.”
Kelce shied away from making comments about Phillips’ in-game dispute with the fans.
“Now, I’m not going to comment on the rest of the game. There were things happening with the fans. I don’t know what happened that got him that fired up.”
The Eagles remain home this week for an NFC Championship game rematch with the San Francisco 49ers. The Bills are on a bye week but return to action in Week 14 for a pivotal matchup with the defending champion Kansas City Chiefs.
Chantz Martin is a sports writer for Fox News Digital.
Brazilians may soon be required to pay up to 15% tax on income derived from cryptocurrencies held on exchanges outside the country, after new income tax rules were approved by the Brazil Senate on Nov. 29.
The bill has already passed in the Chamber of Deputies and is expected to be approved by President Luiz Inácio Lula da Silva, as his administration initiated the income tax rule changes, Cointelegraph Brazil reports.
Under the bill, any Brazilian who earns more than $1,200 (6,000 Brazilian reals) on exchanges based outside Brazil would be subject to the tax, effective Jan. 1, 2024. The change makes those funds taxable at the same rate as funds held domestically. Funds earned before that date would be taxed when accessed by the owner, meanwhile, earnings on funds accessed before Dec. 31 will be taxed at 8%.
Fortunately, you are misunderstanding this
Brazil is not taxing people regardless of residency
What changes with PL 4173/23:
CURRENTLY: Tax-deferral
If you own an offshore company or trust while being a Brazil tax resident, you only pay tax when it distributes profits to… https://t.co/iiG1YyVUr9
— BowTiedGlobe | Your Freedom Dealer (@BowTiedGlobe) November 29, 2023
The bill also affects “exclusive funds” — investment funds with a single shareholder — and foreign companies active on the Brazilian financial market. The government hopes to raise $4 billion (20.3 billion Brazilian reals) in 2024. Senator Rogério Marinho voiced his opposition to the bill. He said:
“The government is creating a tax because it is a poor manager.”
In September, the governor of the Banco Central do Brazil Roberto Campos Neto, announced plans to tighten regulations on cryptocurrency in connection with a sharp rise in its popularity in the country. At the time, he said he suspected crypto was being used for tax evasion.
Crypto-based securities are regulated by the Comissão de Valores Mobiliários — Brazil’s equivalent of the United States Securities and Exchange Commission.
A woman has reportedly filed a new lawsuit against Jerry Jones, who she claims to be her biological father, saying he and two of his associates came up with a plan to label her “an extortionist.”
The suit, originally filed in March, was dismissed by a Texas federal judge last month, but Alexandra Davis refiled the defamation complaint.
Davis was able to refile the case, ABC News says, based on comments in a March 21, 2022, story written by ESPN’s Don Van Natta Jr.
Jerry Jones of the Dallas Cowboys during a game against the New York Giants at MetLife Stadium Sept. 10, 2023, in East Rutherford, N.J. (Mitchell Leff/Getty Images)
Davis, 26, sued Jones last year, claiming the Dallas Cowboys owner fathered Davis when her mother, Cynthia Davis, was separated from her husband. It was determined through DNA testing that Alexandra was not the child of Cynthia’s husband.
But that suit, Davis says, led to Jones and others publicly attacking her character “based knowingly on false statements and accusations.”
The new complaint says Jones’ attorney, Donald P. Jack, and Jim Wilkinson, a communications consultant for the Jones family, falsely accused Davis of “being an extortionist and portrayed Plaintiff as attempting to ‘shakedown’ Defendant Jones.”
Quarterback Dak Prescott and team owner Jerry Jones of the Dallas Cowboys hug each other during pregame warmups prior to a preseason game against the San Francisco 49ers at Levi’s Stadium Aug. 10, 2019, in Santa Clara, Calif. (Thearon W. Henderson/Getty Images)
“Throughout their smear campaign against Plaintiff, Defendants either knew the statements being made by them were false or they knew enough facts such that they should have entertained serious doubts as to the truth of their defamatory statements,” the new complaint alleges.
The case was originally dismissed because the judge said alleged defamatory statements about Davis in ESPN articles were either true or “not defamatory.”
Head coach Mike McCarthy, left, and owner Jerry Jones of the Dallas Cowboys talk with the media during a press conference at the Ford Center at The Star Jan. 8, 2020, in Frisco, Texas.(Tom Pennington/Getty Images)
Davis and her mother reached a settlement in which Jones would support them financially as long as they didn’t publicly identify him as her father, according to court documents.
Jones has continued to deny being the father of Davis but was ordered to take a paternity test in December.
Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain a mainstream possibility.
Sony has filed a patent for a system allowing players to transfer digital assets between PlayStation titles using blockchain technology. This would enable unified progress and asset ownership across different games rather than having assets locked to individual games. Sony has also explored tokenizing in-game assets, allowing players to sell and trade them on secondary markets.
Leaked documents show that Microsoft is planning to add crypto wallets to Xbox. This would allow players to trade assets across different platforms securely. Microsoft’s goals in annual reports also align with this, as they are pursuing the acquisition of Activision Blizzard and acquiring Savage Game Studios for mobile. This suggests that Microsoft is serious about expanding its gaming presence and that blockchain could play a role.
Blockchain gaming is a significant opportunity, so it’s no surprise it is gaining attention from two gaming leaders. Estimates suggest the market’s value in 2025 could be up to 10% greater than in 2022.
The main drivers of the growth of the blockchain gaming market include the increasing popularity of play-to-earn games, the growing demand for more immersive and engaging gaming experiences, and the increasing adoption of blockchain technology by game developers and publishers.
The gaming market could grow by more than 10% between 2022 and 2025, according to some estimates. Source: Newzoo.
But why blockchain in the first place? The traditional gaming industry primarily generates revenue through game sales, in-game purchases, and subscriptions, often limiting player ownership of in-game assets and focusing monetization strategies on microtransactions and downloadable content (DLC).
While tokenization has been in games since the advent of the in-app purchase, the unique properties of blockchain offer true ownership of in-game assets, new revenue streams for players and creators, and more transparent and secure game economies, including the possibility for players to earn real-world value, community governance where players can influence game development decisions, and dividend-like payouts or staking rewards distributed to token holders.
Ownership of characters, items, and currency also means that you can trade or sell those assets on secondary markets or use them in other blockchain games.
Could game consoles make blockchain mainstream?
This wouldn’t be the first time Sony has brought previously niche, cutting-edge technology to the masses.
In the early 2000s, Sony was one of the leading proponents of the Blu-ray disc format. Blu-ray eventually won the format war over HD DVD and is now the standard for high-definition optical discs. By partnering with other major companies, Sony created a critical mass of support for Blu-ray, which helped it become the dominant format.
But including a Blu-ray player in the PlayStation 3 — followed by the PS4 and PS5 — put a cost-effective, high-definition movie cinema in over 239 million homes worldwide. The year before the launch of the PS3, the average cost of a Blu-ray player was more than $1,000 — and it didn’t play games, unlike the $500 console.
Today is a good day to play. We officially welcome Activision Blizzard King to Team Xbox. Together, we’ll create stories and experiences that bring players together, in a culture empowering everyone to do their best work and celebrate diverse perspectives. https://t.co/KBCESknYYhhttps://t.co/jTHOeH48Wx
But the Japanese gaming giant has also dropped the ball several times. The Sony Aibo was arguably the best home robot ever created, and it seemed apparent to many that a PlayStation connection, which could play games with that capable metal dog and reprogram it, would have created the economy of scale needed to make it a must-have purchase.
And many have commented on how PlayStation Home could be leagues ahead of anything Meta and others are creating to try and bring the metaverse to the home and office, yet it strangely disappeared when the PS4 came to life.
Existing blockchain gaming hardware
Of course, Sony and Microsoft aren’t first to market in the blockchain gaming niche. There are several existing blockchain gaming hardware products on the market, including the Oculus Quest 2 and HTC Vive Pro 2 VR headsets that have blockchain games available for play today, and various high-end gaming laptops are available, such as the Alienware x17 R2 and Asus ROG Zephyrus G15.
All of those devices, however, feel like those early Blu-ray players in terms of cost and inaccessibility to all.
However, there are some options on the other end of the price scale. WOWCube is a 3D puzzle game console that allows players to interact with the digital world by twisting, shaking, and tilting the device, reminiscent of a Rubik’s cube, and the company behind it has announced that they are working with developers to create blockchain games that can be played on the device.
In 2021, Atari released a new version of its iconic VCS designed for blockchain gaming. It has a built-in wallet and support for multiple blockchains and comes pre-loaded with many blockchain games, including Atari Pong, Atari Breakout, and Atari Asteroids. It is also possible to sideload additional blockchain games onto the VCS.
And the Anbernic RG552 is a handheld retro gaming console also released in 2021. While it targets those who want to play retro games, including games from the Atari 2600, Nintendo Entertainment System, and Super Nintendo Entertainment System, it can also be used to play blockchain games via the open-source RetroArch emulator.
The road ahead is hashed with gaming gold
Sony and Microsoft’s move towards blockchain is a significant development for the gaming industry. Blockchain has the potential to revolutionize the way that games are designed, played, and monetized.
There are challenges ahead, of course. Web3 games are excluded from significant gaming platforms and marketplaces to prohibit applications that issue or allow the exchange of cryptocurrencies or nonfungible tokens (NFTs). However, those hurdles could be lowered or eradicated with the might of two major gaming powerhouses pushing the agenda.
Significant players like Sony, Microsoft, and Nintendo dominate the gaming console market. However, these platforms have yet to offer decentralized game development or digital asset ownership. On the other hand, various blockchain-based games exist. Still, no unified hardware platform optimizes the gaming experience for blockchain-native games, and all games are limited to personal computer use.
If Sony and Microsoft change the landscape, or if any existing up-and-coming solutions become wildly popular, gaming — not financial services, real estate, voting, or NFTs — could successfully bring blockchain to the masses and even significantly impact the global technology landscape and cultural landscape.
Maybe, as with Blu-ray, gaming is the way to put it in the hands of the general public and not just the technologically gifted.
Olga Vorobyeva is the founder of Vox Consulting, a blockchain advisory firm, and a former head of marketing at SwissBorg, a crypto wealth management platform. She is a founding member of the Swiss Blockchain Association and advisor to startups in Switzerland’s “Crypto Valley.” She also serves as a mentor to the Alchemist startup accelerator. She holds a master’s degree from the Plekhanov University of Economics and a certificate in management from The Wharton School of Business.
This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
But he won’t be permitted on the sidelines for the remainder of the season.
Tyreek Hill had one of the more talked about touchdown celebrations of the season last month when he grabbed Kevin Fitzgibbons’ phone and recorded himself doing a backflip.
Fitzgibbons says he was hired by the NFL last year to film all the Miami Dolphins‘ home games and is “best friends” with Hill.
Tyreek Hill of the Miami Dolphins celebrates a touchdown during the first half of a game against the Carolina Panthers at Hard Rock Stadium Oct. 15, 2023, in Miami Gardens, Fla.(Rich Storry/Getty Images)
Fitzgibbons, known online as kfitz, said Hill took his phone and “ran in the tunnel to send the clip to the NFL.”
Fitzgibbons called it “the coolest moment ever.”
“I seen the camera, and I just took it from him,” Hill said at the time. “He didn’t want me to take it from him. That’s my boy kfitz, man.”
But the celebration, Fitzgibbons says, resulted in him being “suspended for the remainder of the season, and possibly for good.”
“[The NFL] said regardless if I knew the celebration was coming or not, I still had to be disciplined and that I shouldn’t have jumped on the sidelines after the play,” Fitzgibbons said in an X post captioned “The journey continues…”
“One of the best moments of my life turned upside down in the matter of seconds.
“I get why the NFL had to make this decision and wish I could have done something to prevent it, but I’m thankful for the memory that Tyreek gave me. This was the greatest job in the world, and I never took a day for granted. I can’t thank the NFL enough for the opportunity. Whether it’s back with the NFL or starting a new sport, I just hope to get another chance at doing what I love.”
Miami Dolphins wide receiver Tyreek Hill (10) scores a touchdown after recovering a fumble during the first half of a game against the Los Angeles Chargers Dec. 11, 2022, in Inglewood, Calif. (AP Photo/Mark J. Terrill)
Hill was penalized for the celebration but wasn’t fined. The league posted the video on social media but later deleted it.
In an email to Fox News Digital, an NFL spokesperson confirmed that the league “pulled (Fitzgibbons’) gameday credentials for this season following his participation” in the celebration, but he was offered “the opportunity to continue collecting content on other projects.”
Asked if Fitzgibbons will have sideline access on game days beyond this season, the NFL replied, “Yes.”
The cameraman got support from Dolphins backup quarterback Mike White on Instagram.
Tyreek Hill of the Miami Dolphins scores a 7-yard touchdown against the New York Jets during the second quarter at MetLife Stadium Nov. 24, 2023, in East Rutherford, N.J.(Mike Stobe/Getty Images)
Fitzgibbons used to film his high school basketball team and posted videos online. He then met Hill, Saquon Barkley and other star athletes through networking on social media in 2020.
As law enforcement revealed an investigation is open into accusations that Oklahoma City Thunder guard Josh Giddey had an inappropriate relationship with a minor, former NBA star Chandler Parsons dished out a crucial piece of advice for players in the league.
Giddey, the sixth overall pick of the 2021 NBA Draft by the Thunder, was accused in a since-deleted social media post of having an inappropriate relationship with an underage girl. The Associated Press reported the user alleged a girl that Giddey was seen with in videos and photographs on social media was a junior in high school at the time.
Newport Beach Police Department released a statement on Wednesday confirming that an investigation into the allegations against Giddey was open.
Josh Giddey #3 of the Oklahoma City Thunder controls the ball against the Phoenix Suns during the first half at Footprint Center on November 12, 2023 in Phoenix, Arizona. (Kelsey Grant/Getty Images)
“The Newport Beach Police Department is aware of information being circulated online involving an alleged relationship between professional basketball player Josh Giddey and a female minor,” the statement read.
“The Newport Beach Police Department is actively seeking additional information related to these allegations and pursuing all leads and evidence to obtain the facts of the case.”
NBA spokesman Michael Bass also confirmed this past Friday that the league is investigating the matter.
This is an unfortunate situation for the 21-year-old Giddey, but one that Parsons believes reminds any professional athletes about a cold, hard truth: You have a lot to lose.
Chandler Parsons attends the Harold and Carole Pump Foundation Gala at The Beverly Hilton on August 20, 2021 in Beverly Hills, California.(Rodin Eckenroth/Getty Images)
“Just be careful, man. Just be careful,” he told Fox News Digital. “There’s always eyes on you, there’s always cameras now. …Trust the people you surround yourself with. And that goes with everything. That goes for your boys, your family, your girlfriends, whoever you’re hooking up with or dating. Just trust them and be careful because you have a lot more to lose than they do.”
Giddey declined to comment on the matter when asked about it on Friday, saying, “I understand the question, obviously, but there’s no further comment right now.”
He played in the Thunder’s loss to the Philadelphia 76ers on Saturday, finishing with 10 points, seven rebounds and eight assists.
Giddey also suited up for the team’s loss to the Minnesota Timberwolves on Tuesday night, totaling 10 points, six rebounds and one assist over 28 minutes. The crowd in Minneapolis also showered Giddey with large boos throughout the game at Target Center.
Former NBA star Chandler Parsons had words of caution for other players in the league amid allegations against Oklahoma City Thunder guard Josh Giddey(Getty Images)
A round of golf between an NFL legend and country music star is in the works.
On Wednesday, seven-time Super Bowl champion Tom Brady accepted Morgan Wallen’s offer to hit the links in a friendly golf match after the former New England Patriots quarterback posted a video on Instagram showcasing his skills using Wallen’s music as a soundtrack.
Country music star Morgan Wallen at a concert in Pittsburgh.(Matt Winkelmeyer/Getty Images for iHeartRadio)
“When we playing a match??” Wallen said on social media, sharing the post.
Tom Brady, left, and Aaron Rodgers walk across the course during Capital One’s The Match at The Reserve at Moonlight Basin July 6, 2021, in Big Sky, Mon. (Stacy Revere/Getty Images for The Match)
He’s played in The Match, a celebrity exhibition tournament, several times and won for the first time in 2022 alongside New York Jets quarterback Aaron Rodgers. He’s also been paired with six-time major champion Phil Mickelson twice.
Brady has also had some time to work on his game.
He retired from the NFL in February, vowing this time it was “for good.”
Tom Brady of the Tampa Bay Buccaneers plays a shot from the third tee during The Match: Champions For Charity at Medalist Golf Club May 24, 2020, in Hobe Sound, Fla. (Mike Ehrmann/Getty Images for The Match)
Brady recently made headlines after criticizing the “mediocrity” he has seen in the NFL during an appearance on “The Stephen A. Show.”
“I think there’s a lot of mediocrity in today’s NFL. I don’t see the excellence that I saw in the past,” he said. “I think the coaching isn’t as good as it was. I don’t think the development of young players is as good as it was. The rules have allowed a lot of bad habits to get into the actual performance of the game. So, I just think the product, in my opinion, is less than what it’s been.”
Brady played 20 seasons for the Patriots before signing with the Tampa Bay Buccaneers, winning his seventh ring in his first year there. He retired after his third season with the team.
Major cryptocurrency exchange Binance announced it will cease support for all Binance USD (BUSD) products starting on Dec. 15 following Paxos halting the minting of new coins.
In a Nov. 29 notice, Binance said users should withdraw or convert their existing BUSD on the exchange into other assets before Dec. 15. Starting Dec. 31, Binance will disable withdrawals for BUSD. At that point, existing balances will automatically be converted into First Digital USD (FDUSD) for certain users.
In accordance with past communications, #Binance will cease support for BUSD products starting on December 15, 2023.
Users may trade or convert their BUSD balances for $FDUSD at zero trading fees.
The move was the latest by Binance in winding down services for its native stablecoin. The exchange announced it planned to gradually stop support for BUSD before February 2024, starting with ceasing borrowing and lending services for the stablecoin in October.
In February, the United States Securities and Exchange Commission suggested BUSD was an unregistered security in a Wells notice issued to Paxos — the issuer behind the stablecoin. The New York Department of Financial Services also ordered Paxos to halt the issuance of BUSD.
On Nov. 21, U.S. authorities announced they had reached a settlement with Binance and former CEO Changpeng Zhao, requiring them to pay $4.3 billion. Zhao resigned as CEO as part of the settlement, with the exchange’s head of regional markets, Richard Teng, stepping into his shoes.
Before August, BUSD was one of the largest stablecoins by market capitalization, reaching a peak of more than $23.3 billion in November 2022. At the time of publication, the stablecoin’s market cap was roughly $1.7 billion, falling by more than 92% in 12 months.
