Mercedes Lead Reveals that Formula 1 Race Is Supported by Crypto

The Awareness of Crypto Impact on the Energy Supply

Wolff also spoke about the problem of cryptocurrency’s impact on the energy supply. He states the importance of sustainability. As it follows, Wolff highlights the significant facts that everyone should pay attention to. Moreover, he calls for awareness about where the energy comes from. In light of the sports area, crypto firms are present due to the massive sums during the marketing events. An example of this is the cryptocurrency exchange It paid $6.5 million for a 30-second commercial featuring LeBron James, the NBA’s four-time most valuable player (MVP). The commercial took part during the annual playoff championship game of the National Football League (NFL). Another example is Coinbase, a cryptocurrency exchange located in the United States. It spent $14 million on its Super Bowl advertising. These events show the potential and current presence of crypto firms in the sports arena.



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