Blockchain
Oracle Red Bull Racing Drivers Max Verstappen and Sergio Pérez Take a Ride to Become Crypto Insiders With Bybit
-
As one of the crypto-inspired initiatives of its partnership with Oracle Red Bull Racing, Bybit created the #BybitLevelUpChallenges, a series of videos featuring Oracle Red Bull Racing F1 drivers Max Verstappen and Sergio ‘Checo’ Pérez about digital assets and technology in racing.
- In the latest episode, Max and Checo opened the crypto-racing dictionary and took up Bybit’s “Crypto Slang Challenge”, an original way to learn the meaning of crypto trading terms such as “HODL”, “Gas Fees”, “Bear Market”, “Fiat on-ramp” or their favorite, “When Lambo”.
Dubai, United Arab Emirates–(Newsfile Corp. – May 12, 2022) – Bybit, one of the world’s fastest growing cryptocurrency exchanges, premiered the “Crypto Slang Challenge”, the second episode of its crypto-inspired series #BybitLevelUpChallenges. Conceptualized as a beginner’s guide to pave the way forward for the crypto curious in ways that are immediately relevant to race fans, the new episode features Oracle Red Bull Racing drivers Max Verstappen (2021 Formula 1 Drivers’ World Champion) and Sergio ‘Checo’ Pérez on a crash course challenge to decipher the latest and most common crypto trading terms and slang in both the crypto and racing world. It turns out that both industries have a lot in common.
Hosted exclusively on
Figure 2: The Crypto-Racing Dictionary, created by Bybit to help F1 fans and crypto enthusiasts alike understand relevant terms that are applicable in both the crypto and racing world
To view an enhanced version of this graphic, please visit:
Figure 4: The Crypto-Racing Dictionary, created by Bybit to help F1 fans and crypto enthusiasts alike understand relevant terms that are applicable in both the crypto and racing world
To view an enhanced version of this graphic, please visit:
Figure 6: The Crypto-Racing Dictionary, created by Bybit to help F1 fans and crypto enthusiasts alike understand relevant terms that are applicable in both the crypto and racing world
To view an enhanced version of this graphic, please visit:
Figure 2: Snippets from the episode where Max and Checo both tried deciphering crypto slang and references
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8506/123756_2860fedc54013b77_008full.jpg
Figure 3: Snippets from the episode where Max and Checo both tried deciphering crypto slang and references
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8506/123756_2860fedc54013b77_009full.jpg
In a race to become Bybit Insiders themselves, Oracle Red Bull Racing drivers took on the challenge to guess and appreciate the meaning of expressions such as “gas fees” (blockchain transaction fees), “position” (a trade) or “fiat on-ramp” (a reference for one-stop conversion of fiat money into cryptocurrency). Crypto enthusiasts and F1 fans alike are in for a good laugh, as Max and Checo tried their hands (and luck) at guessing the meaning of acronyms such as ATH (all-time high) and FUD (fear, uncertainty and doubt).
When the drivers were asked to guess the meaning of “HODL” (an acronym for “hold on for dear life”, an expression used by crypto enthusiasts referring to a long-term approach to cryptocurrency) 2021 Formula 1 Drivers’ World Champion Max Verstappen quickly stated “stick to your position”, showing that he has some grasp of the investment jargon.
When the drivers were shown the term “diamond hands”, Verstappen immediately responded “that’s Checo”, and Max was right in a way, as crypto enthusiasts use this expression to talk about high risk tolerance when trading and investing – this bears some similarity to Checo’s stellar strategies that earned him the title as “Minister of Defense”.
“Is where things are really nasty on the market,” said Checo when asked the meaning of the term “bear market”, displaying his knowledge.
But perhaps the most entertaining part of the challenge was when Max and Checo were asked to guess the meaning of the expression “when Lambo?” as Max promptly responded “when to shine through the streets… show off”, while Checo added, “you’ve done well in crypto, you have to show it.”
Before the start of the 2022 Formula 1 season, Bybit became Oracle Red Bull Racing’s exclusive Principal Team Partner, Cryptocurrency Exchange Partner, Fan Token Issuance Partner and Tech Incubator Partner. Both crypto and racing fans can now look forward to more exclusive content and exciting initiatives only available at the Bybit Race Insider – check it out to stay updated on what else Max and Checo might be up to together with Bybit.
As the Fan Token Issuance Partner and Tech Incubator Partner, Bybit will support Oracle Red Bull Racing with the distribution of its growing digital asset collections among other endeavors, so fans will have to stay tuned for more surprises in the near future.
About Bybit
Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. The company provides innovative online spot and derivatives trading services, mining and staking products, an NFT marketplace as well as API support, to retail and institutional clients around the world, and strives to be the most reliable exchange for the emerging digital asset class. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.
For media inquiries, please contact: [email protected]
For more information please visit: https://www.bybit.com/
Contact:
Name: Dan Edelstein
Email Address: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123756
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
Bybit
-
Blockchain6 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain6 days agoBlocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
-
Blockchain Press Releases5 days agoBybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
-
Blockchain Press Releases6 days agoFlipster Achieves ISO/IEC Certification
-
Blockchain Press Releases6 days ago
Bybit Lists LUNAI as AI Influencer Luna Makes Her Web3 Livestream Debut
-
Blockchain Press Releases6 days agoKuCoin’s “Light Up Africa” Donation Ceremony Held in Ghana, Benefiting 36,000 African Children
-
Blockchain Press Releases5 days ago
Surprises Guaranteed: Bybit Card Dishes Out Rewards in Holiday Giveaway
-
Blockchain5 days agoBybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws
