ChainCatcher news, according to Decrypt, Coinbase has signed a sponsorship agreement with the NBA's Los Angeles Clippers, becoming the official partner of the Los Angeles Clippers. This collaboration marks the beginning of a multi-year partnership that will provide fans with exclusive experiences, limited edition merchandise, and unique digital and physical collectibles. The financial details of this partnership have not been disclosed. Coinbase will offer new and existing users $5 worth of Bitcoin, as well as seasonal benefits for creating a Coinbase account. The Coinbase brand will be prominently featured on signage within the Intuit Dome venue, which is being used as the Clippers' home for the first time this year.

ChainCatcher news, according to Bitcoin.com, the Los Angeles Police Department (LAPD) stated that 26-year-old Bryan Thola was arrested and charged with stealing $579,000 worth of specialized integrated circuit (ASIC) Bitcoin mining machines. Local reports confirm that the man has been released from jail, and the LAPD stated that the investigation is still ongoing.

ChainCatcher news, according to Blockworks, former Los Angeles Mayor Antonio Villaraigosa has been hired as a policy advisor for Coinbase. Villaraigosa will join the global advisory council of the cryptocurrency exchange platform.Coinbase Chief Policy Officer Faryar Shirzad stated that Villaraigosa will provide advice to Coinbase's leadership team to advance "global economic freedom."

ChainCatcher news, according to overseas media Dirt, Taiwanese artist and NFT tycoon Jeff Huang purchased a luxury mansion located at 1410 Tanager Way in Los Angeles for $25 million last week. The house has an area of 14,000 square feet, featuring 5 bedrooms and 8 bathrooms, priced at $1,786 per square foot. The mansion is about a mile away from 1301 Collingwood Place.Last week, Jeff Huang filed a lawsuit against cryptocurrency detective ZachXBT regarding allegations made about him in a 2022 Medium article. (source link)