bitcoinBTC/USD
$ 20,517.00
ethereumETH/USD
$ 1,184.03
tetherUSDT/USD
$ 1.00
cardanoADA/USD
$ 0.462488
xrpXRP/USD
$ 0.333035
usd-coinUSDC/USD
$ 1.00

Baseball Players and Staff of Australia’s Perth Heat to be Paid in Bitcoin

Perth Heat, the professional Australian Baseball team has made an agreement with Bitcoin Lightning Network to pay athletes and staff in BTC, as well as receive revenue streams via BTC from outside sources.

Australia-based baseball team Perth Heat will pay its professional athletes and the staff using Bitcoin Lightning Network. 

Perth Heat has formed an agreement with Bitcoin (BTC) payment processor OpenNode to receive and execute Bitcoin payments (BTC). Through the partnership, staff and professional athletes will be paid via Bitcoin (BTC).

As the announcement dictates, Perth Heat through the Bitcoin Lightning Network will be able to execute and accept Bitcoin (BTC) payments. Moreover,  the agreement with OpenNode enables the professional baseball club to receive revenue streams outside of the organization via Bitcoin (BTC), such as merch and sponsorships among others. 

Given this partnership, Perth Heat seems to be rebranded on the image of the Bitcoin (BTC) baseball club. The website of the club now features Bitcoin (BTC) merchandise. The announcement issued by the club highlights the dedication of Perth Heat to play a part in the mainstream Bitcoin (BTC) usage, stating that the balance sheet of Perth Heat will most surely show that the club will hold Bitcoin (BTC). 

Perth Heat CEO, Steven Nelkovski is a firm believer in fully adopting the cardinal premises of Bitcoin (BTC) will have an impact in influencing more people out there to fully embrace Bitcoin (BTC) and its potential to create immense value. 

Patrick O’Sullivan, the Chief Bitcoin Officer of Perth Heat stated that: “The club has already established an initial position in BTC to help secure its digital property rights on the world’s most secure monetary network and will continue to reinvest available capital into Bitcoin. The Perth Heat are embracing the reality that the future of money and corporate treasuries will live on the Bitcoin blockchain.”

Australia has made quite a few moves to regulate the crypto industry on a national level to match international efforts. A Senate committee in Australia urged for a thorough reform of crypto legislation and licensing last month on the 20th of October.

The Australian Securities and Investments Commission has also issued a guide that allows Bitcoin (BTC) and Ethereum (ETH) exchange-traded products to be listed on the stock exchange.

According to a recent poll performed by Crypto.com, Australian citizens are also interested in learning more about cryptocurrencies, where from a sample of 2,020 participants ranging from 18 to 59 years old, 26% answered that they would explore the option of purchasing crypto items or giving them away for the year-end holidays.

Also read: 200,000 FKX Tokens to be Burned Quarterly as FortKnoxster Announces A New Burning Mechanism

Also read:

Related News

Meta Continues With Its NFT Plans

Meta stated that its other cryptocurrency initiatives are proceeding according to schedule after announcing the end of its Novi project. Non-fungible tokens (NFT) have been developing for a while by the company. The Novi initiative, which enables remittances and international money transfers, will shortly be shut down, the company announced recently. According to the company, the project will no longer operate as of September 1. Users of Novi were informed

Read More »

Bitcoin’s Lightning Network Now Available for Argentina From OpenNode Partnership With Lemon Cash

OpenNode, a supplier for Bitcoin payments, has teamed with Lemon Cash, a well-known Latin American bitcoin wallet service. The wallet’s cooperation with OpenNode allows over 1 million Lemon Cash users to now access Bitcoin’s Lightning Network. “This partnership is yet another example of our capability and belief in Bitcoin as the new base layer for global payments… We’re proud to support Lemon’s mission and its desire to scale and benefit

Read More »
LuckyBlock is a worldwide game and competition platform with play to earn rewards using blockchain protocols. They have already given many prizes to the participants of the game.

Lucky Block Partners with Crypto Academy

Lucky Block has partnered with Crypto Academy, as we look forward to many updates and launches ahead.  Lucky Block has reached a partnership with Crypto Academy, the renowned Crypto Marketing Agency, and Informational and Educational portal. With an incredible success rate in helping cryptocurrency-focused startups grow in the industry, the partnership with Crypto Academy is a stepping stone in the exciting journey ahead for Lucky Block. LuckyBlock is a worldwide

Read More »

My Coins

bitcoinBitcoin
$ 20,517.001.49%
ethereumEthereum
$ 1,184.034.18%
cardanoCardano
$ 0.4624881.09%
tetherTether
$ 1.000.17%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

sales@crypto-academy.org

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: sales@crypto-academy.org