$96,248.00
-0.39%$1,826.16
0.23%$2.20
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-0.17%$147.89
-1.01%$0.999936
-0.00%$0.178994
-0.76%$0.698667
-0.77%$0.247229
0.70%$1,823.90
0.15%$96,209.00
-0.37%$3.39
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-1.96%$20.90
-1.91%$0.271386
-1.47%$8.91
-0.37%$3.18
-0.54%$0.00001324
-1.61%$0.99998
0.01%$0.183232
-2.23%$2,191.72
0.22%$369.38
-1.00%$20.54
1.23%$86.90
-1.91%$4.13
-2.20%$1,826.00
0.21%$1.00
0.02%$4.39
0.00%$275.97
-1.09%$1.001
-0.03%$28.90
-0.98%$0.587188
-1.34%$1,947.57
0.28%$96,291.00
-0.35%$0.00000847
-2.81%$5.35
-2.78%$366.82
1.83%$1.05
0.01%$5.18
-2.16%$51.23
-0.11%$2.47
-2.72%$1.00
0.00%$0.898443
-0.47%$21.78
0.23%$173.99
0.64%$4.85
-2.13%$12.83
3.06%$16.79
-2.01%$0.097172
2.75%$0.091247
1.38%$31.28
-1.59%$0.742379
0.67%$4.67
2.25%$0.0265653
-2.47%$1.001
0.06%$1.17
0.00%$0.23498
-3.28%$96,280.00
-0.25%$4.31
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-0.00%$2.75
-4.78%$0.697387
-2.55%$0.210134
-3.16%$0.559823
1.98%$0.299701
-3.66%$0.331741
-1.29%$2.52
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-0.37%$0.997694
-0.11%$96,038.00
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0.26%$1.01
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0.87%$1.27
2.54%$0.804135
-3.04%$82.97
-0.38%$154.99
-1.07%$0.076056
-1.51%$0.701899
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3.88%$1.76
6.82%$0.618957
-5.19%$0.220108
0.32%$1.12
-6.19%$1,826.38
0.24%$0.72608
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0.25%$1.00
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-0.16%$0.999652
-0.01%$0.096391
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-0.02%$596.92
-0.16%$2,071.05
0.23%$2.78
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-0.00%$0.01643226
-4.27%$0.209735
-0.63%$3,255.70
-0.62%$190.78
-0.88%$96,226.00
-0.36%$13.29
1.12%$0.758126
-4.02%$0.836012
-1.74%$163.55
-0.88%$37.64
-5.86%$0.743642
-1.39%$96,042.00
-0.38%$95,901.00
-0.55%$0.01175865
13.45%$0.01638861
-4.31%$0.293623
-3.36%$0.120161
0.94%$3.87
-0.29%$0.561168
-10.18%$0.0000007
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0.33%$0.997852
0.01%$2.01
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-1.63%$0.396753
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0.62%$2.90
0.12%$0.606071
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0.22%$0.558776
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0.45%$0.999998
0.01%$0.00910504
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1.25%$0.426767
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0.11%$7.50
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1.85%$96,181.00
-0.41%$17.24
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0.47%$0.431995
-1.15%$0.186648
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0.00%$110.92
0.02%$93,874.00
0.90%$0.18406
-2.49%$0.178737
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0.26%$0.434845
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0.31%$1,942.89
0.20%$1.55
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2.78%$1,826.51
0.24%$33.60
1.84%$40.79
1.42%$0.00528148
-1.53%$22.06
-0.27%$1.003
0.02%$0.03608343
-1.33%$1.35
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1.47%$0.1773
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0.44%$0.364296
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0.02%$0.999929
0.04%$0.712202
-2.42%$1.00
0.00%$1.00
-0.02%$0.287039
-1.16%$0.701929
-5.04%$0.315153
5.83%$96,159.00
-0.28%$2.64
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0.38%$112.61
-0.28%$0.236256
-1.14%$0.00288831
-0.35%$20.91
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0.66%$0.0000014
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1.07%$0.486729
0.87%$0.203607
-2.45%$0.13553
-1.69%$95,979.00
-0.37%$1.00
0.02%$0.03212382
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0.07%$0.270626
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0.05%$0.535459
0.53%$2.83
0.41%$0.00299384
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-1.24%$0.01275816
-2.51%$0.935039
-3.87%$2,002.87
0.28%$1.00
0.01%$0.999611
0.01%$95,836.00
-0.34%$0.00235767
-5.21%Reading
Formula 1 team McLaren Racing will partner with Tezos to launch a range of non-fungible tokens (NFTs) celebrating the team's heritage. As part of the partnership, the blockchain's logo will also be featured across the team's vehicles and race suits.
According to an announcement, Tezos will become McLaren Racing's Official Technical Partner in a "multi-year partnership" across Formula 1, Indycar, and esports, with a view to creating an NFT platform "with fan experience at its heart", drawing on its racing heritage and historical driver line-ups.
The partnership will also see the Tezos brand emblazoned on the race suits of F1 drivers Lando Norris and Daniel Riccardo, as well as AMSP drivers Pato O’Ward and Felix Rosenqvist. Tezos will also become a presenting partner for the McLaren Shadow esports team.
We are excited to welcome @Tezos, the world’s most advanced blockchain, as our Official Technical Partner. 🤝
McLaren will use the energy efficient and upgradeable Tezos network to create a series of non-fungible tokens (NFT) across F1, INDYCAR and esports.
— McLaren (@McLarenF1) June 17, 2021
In a press release accompanying the announcement, Lindsey Eckhouse, director of licensing, ecommerce and esports at McLaren Racing, described the partnership as "an innovative step in an exciting and rapidly developing industry," adding that it will enable fans to own key pieces of the team.
NFTs are cryptographically unique tokens that can be linked to digital content such as artwork, or real-world objects. The sports industry has been an early adopter of NFTs, with the likes of fantasy soccer game Sorare and basketball collectible series NBA Top Shot emerging as major NFT platforms.
Formula 1 itself has inked a deal with Animoca Brands, with a virtual race track NFT from its F1 Delta Time game selling for nearly a quarter of a million dollars last year. And McLaren isn't the first F1 team to partner with Tezos; last month, Red Bull Racing Honda announced a similar technical partnership with the blockchain platform. A car featuring a Tezos logo won the Grand Prix in Azerbaijan earlier this month.
Mining cryptocurrency such as Bitcoin is an energy-intensive business. But it doesn’t have to be. Bitcoin, and other cryptocurrencies such as Dogecoin and Litecoin, secure their networks using the proof-of-work (PoW) consensus mechanism. An alternative consensus mechanism used by cryptocurrencies such as Ethereum is called proof-of-stake (PoS), which radically reduces the blockchain’s carbon footprint. In this article we’ll explore what consensus mechanisms are, and how proof-of-stake differs fr...
McLaren Racing also lauded Tezos' sustainability and energy efficiency, claiming that its proof of stake consensus mechanism uses "two million times less energy" than the proof of work system employed by blockchains such as Ethereum.
With NFTs' energy consumption and carbon footprint coming under increasing scrutiny, brands are taking a variety of different approaches to addressing the issue; while some are building on proof of stake blockchains, others are using carbon offsets to minimize their environmental impact.
Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum. The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter." "Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team." "I leave Aptos Labs with the utmost confidence in the team," he continued, "a...
Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. "While I can't provide a de...
