ChainCatcher news, MTT Sports CEO Joe announced three core strategies during a media interview at the TOKEN2049 summit, involving tokenomics adjustments, user incentive system optimization, and community ecosystem development. The details are as follows:1. Token Burn Plan: Long-term Value Strategy​​MTT Sports plans to gradually buy back and burn 1 billion MTT tokens over the next few quarters, accounting for approximately 47.6% of the current total supply of 2.1 billion tokens. The company stated that this move aims to stabilize the token ecosystem by reducing circulation, enhance market confidence, and create synergy with the platform's revenue cycle.2. Incentive Model Transformation: From "Free Mining" to Targeted Rewards​​The platform will gradually phase out the early "free mining" mechanism used for user growth, replacing it with a more sustainable "Trial Ticket" system. The new plan will prioritize rewarding active users who make substantial contributions to the platform, rather than simply increasing the number of users.Community-Driven Esports Ecosystem: Launching the MTT Club System​​MTT Sports will launch a decentralized club framework called the "MTT Club System," allowing users to create clubs, customize event rules, settle in multiple currencies, and design personalized competition formats. This feature is seen as the infrastructure for building a community-driven esports ecosystem.

ChainCatcher news, according to CoinDesk, Barstool Sports founder Dave Portnoy stated that he has not launched a memecoin under the Barstool brand because he is concerned about fans losing money. He described memecoins as legalized Ponzi schemes with no value, which must be entered and exited before a crash.Although he refused to launch a Barstool meme coin, he issued GREED in February this year, which once reached a market cap of $41.5 million. Lookonchain data shows that Portnoy purchased 358 million GREED, accounting for 35.79% of the total supply, and later sold all of it in a single transaction, causing the price to plummet, resulting in a profit of approximately $258,000. He responded on X that he had warned about the possibility of selling.

ChainCatcher news, according to Yahoo, the Japan Table Tennis Association announced that Takaki Nishiyama, the silver medalist in men's team table tennis at the Rio Olympics and the bronze medalist at the Tokyo Olympics, has been suspended for six months for betting on sports events using virtual currency, with the amount involved reaching tens of millions of yen.

ChainCatcher news, according to Decrypt, New Jersey regulators have ordered Kalshi and Robinhood to stop offering sports event-based prediction markets to local residents in New Jersey. Earlier this month, Robinhood partnered with Kalshi to launch a prediction market focused on the NCAA basketball tournament March Madness.The New Jersey Division of Gaming Enforcement accused these trading platforms of illegally providing sports betting services in a cease and desist order. The regulators demanded that both companies stop allowing New Jersey residents to place bets on sports events and cancel existing sports-related wagers from local residents. The letter stated that Robinhood and Kalshi must comply with the order by March 28, or they will face enforcement action.

ChainCatcher news, according to The Block, the investment of cryptocurrency companies in sports sponsorships significantly increased in 2025. According to SportQuake data, 22 sports sponsorship deals have been reached this year, with an average value of 4.3 million dollars, a significant increase compared to 18 deals during the same period last year, with an average of 2.6 million dollars.Among them, Tether acquired a minority stake in Juventus for about 50 million dollars, Coinbase reached a sponsorship agreement with the Aston Martin F1 team to use stablecoins for all payments, Gate.io established a partnership with the Red Bull team, and XBO.com became the official global sponsor of the Argentina national team for 2025.

ChainCatcher news, Boyaa Interactive (00434.HK) announced that on February 17, 2025, the company signed a subscription warrant with MTT ESports Limited. The company will invest 4,180,749 Tether (USDT) as consideration (equivalent to a total value of approximately 4,180,749 USD based on the market price of Tether one day prior to this announcement) for further investment in MTT ESports. After the completion of the second investment, the group will acquire 10% of the total issuance of MTT tokens, which amounts to 210 million MTT tokens. The MTT tokens are expected to be unlocked linearly starting from January 2026, with the unlocking completed in approximately 48 months.In addition to the investment made on September 17, 2024, where the group signed a subscription agreement with MTT ESports for an investment of 100 Bitcoin (BTC) (the first investment), the total investment value of the group in MTT ESports will amount to approximately 10 million USD after the completion of the second investment.MTT ESports is a limited liability company registered in the British Virgin Islands, focusing on the research and development and operation of Web3 infrastructure and Web3 games, and owns the MTT Sports gaming platform and MTT Network.The board believes that the MTT Sports gaming platform has strong complementarity with the group's traditional gaming business and sees significant growth potential in the future. The group aims to deepen its layout in the Web3 gaming field through its investment in MTT ESports and enhance the future asset value of the group.The board believes that the second investment will further promote the group's business development and layout in the Web3 field, indicating that the group will delve deeper into the Web3 sector, leveraging its rich experience in the internet gaming industry and the favorable opportunities presented by Hong Kong's new Web3 policies to build a pure, leading Web3 listed company.

ChainCatcher message, according to monitoring by The Data Nerd, 5 hours ago, Barstool Sports founder Dave Portnoy spent $310,000 to buy 19.52 million Jailstool.In the past 10 days, he has accumulated a total of 50.08 million Jailstool, with an average price of $0.0157.

ChainCatcher news, the Hong Kong-listed company Boyaa Interactive announced that it has signed a subscription warrant with MTT ESports Limited, and will invest further in MTT ESports with 4,180,749 USDT as consideration (the second investment). After the completion of the second investment, Boyaa Interactive will acquire 10% of the total issuance of MTT tokens, which is 210 million MTT tokens. The expected MTT tokens will begin to unlock linearly starting from January 2026, and will be fully unlocked within approximately 48 months. After the completion of the second investment, the total investment value of Boyaa Interactive in MTT ESports will amount to approximately 10 million USD.

ChainCatcher news, Barstool Sports founder Dave Portnoy allegedly mistakenly invested nearly $170,000 to purchase a meme coin named LIBRA, which is associated with a different contract address than the controversial token LIBRA linked to Argentine President Milei. Portnoy's purchase caused the illiquid LIBRA token's price to surge over 3000% at one point, and it has now fallen back to 0.0029 USDT, with a market cap of $3.2 million.Shortly after purchasing the token, Portnoy posted on X: "Does anyone want to buy some fake Libra? Warning. This is a meme coin. I accidentally bought it."

ChainCatcher news, Professional Capital Management founder and CEO Anthony Pompliano posted on the X platform that back in 2021, NFL star Saquon Barkley chose to accept Bitcoin as his endorsement fee, when the price of Bitcoin was around $35,000. It is safe to say that this was one of the best financial decisions made by an athlete in history.It is reported that Saquon Barkley will participate in the Super Bowl.

ChainCatcher news, according to livedoor, due to suspected gambling through overseas online casino websites, the Chiba Prefectural Police in Japan transferred 30-year-old table tennis player Takaki Niwa, the bronze medalist in the men's team event at the 2021 Tokyo Olympics, to the prosecution on the 29th. It is believed that during a voluntary questioning, he admitted to the relevant charges, stating that he placed bets on the outcomes of sports competitions.In an interview with Kyodo News, Niwa said, "I didn't know this was illegal, and I feel very regretful. I'm sorry to my fans."According to investigators, the Japanese police have attached a request for strict handling of the case. The charges state that in early summer 2023, Niwa accessed an online casino website through a domestic internet connection and used cryptocurrency for gambling.While the Japanese police were cracking down on online casino payment agents, they discovered users nationwide, which led to the exposure of Niwa's involvement.Niwa participated in the 2012 London Olympics at the age of 17 and won a silver medal in the men's team event at the 2016 Rio de Janeiro Olympics. In the fall of 2022, he announced his retirement but continued to engage in athlete activities within Japan.

ChainCatcher news, according to Cointelegraph, the American sports betting site DraftKings has reached a settlement with the NFL Players Association, which had previously accused the platform of failing to pay for the use of NFL players' likenesses in NFTs.DraftKings and the NFLPA stated in a joint letter to New York Federal Judge Analisa Torres on January 27 that they have mediated the lawsuit and have reached a settlement in principle "before reaching a final settlement agreement." Both parties requested a 60-day pause in the litigation, aiming to complete the settlement by March 28. The specific details of the settlement have not been disclosed.Judge Torres had previously handled the SEC's lawsuit against Ripple, and the final settlement agreement requires her signature.

ChainCatcher news, the world's first Web3 competitive betting comprehensive service platform Hash Epoch WEB3 Sports Platform held its launch ceremony in London, UK, attracting top experts and investment institutions from the global blockchain industry.As an innovative platform for decentralized fair competition, Hash Epoch reshapes the competitive betting and gambling industry through the underlying technology and applications of blockchain technology and smart contracts, providing global users with a transparent, secure, and efficient competitive experience.At the founding ceremony, the team showcased the platform's technological highlights, core architecture, advantages in the field, and shared future development plans and details related to the mainnet launch, marking the arrival of a new era of WEB3 integration with the competitive industry.

ChainCatcher news, Crypto.com has announced the launch of a sports event prediction market in the United States, allowing American customers to bet on sports events using various cryptocurrencies, starting with the Super Bowl. If the prediction is correct, payment will be received within one business day after settlement.Company spokesperson Matt David stated that the product will leverage Crypto.com's recognition among sports fans in the U.S. to serve an increasing number of cryptocurrency traders looking to bet on real-world event outcomes.David said, "Sports have always been an important part of our brand, from F1 to UFC to Crypto.com Arena, and this is a great opportunity to engage these sports fans through the Crypto.com app."

ChainCatcher news, dappOS announced a partnership with TOPGOAL (GOAL) to jointly build the BNB Chain sports RWA ecosystem. TOPGOAL has become one of the first projects supported by dappOS's intentEX spot trading feature based on the intent network.

ChainCatcher news, BSC ecosystem RWA project TopGoal announced a strategic partnership with the leading fan token project Chiliz to jointly promote RWA applications in the football industry.Chiliz will provide strong blockchain infrastructure support for TopGoal's RWA platform TOPMARKET, assisting in the tokenization of real assets in the football industry (such as future player income and image rights), creating a transparent and inclusive market for global fans and investors. In addition, Chiliz will leverage its extensive resources in the global football sector to help TopGoal expand collaborations with football clubs and institutions, promoting the adoption and application of the TOPMARKET platform, and further advancing the integration of the football industry and Web3.

ChainCatcher news, the BSC ecosystem RWA project TopGoal announced a strategic partnership with MNM Sports Agency to explore new applications of RWA in the fields of star players and clubs. MNM Sports Agency was co-founded by former Portugal national team captain Fernando Meira and UEFA Champions League champion Pedro Mendes. They possess top scouting and youth training system resources in clubs such as Porto, Benfica, Sporting CP, Braga, and Guimarães.On the RWA platform launched by TopGoal, ordinary users will have the opportunity to share future income from star players of top European clubs through TopGoal's RWA tokenization innovation. The two founders of MNM Sports expressed their excitement to collaborate with TopGoal to advance these innovations and explore all possibilities in the football RWA track.

ChainCatcher news, according to an investigation by ZachXBT, hacker Serpent initiated a meme coin scam by controlling 9 accounts, including McDonald's and Kabosu, on X platform and Instagram, stealing approximately $3.5 million, and using part of the funds for online casino gambling.Serpent was a professional Fortnite player in Australia and was released by the esports organization Overtime in 2020 for alleged cheating. In March 2022, he co-founded the NFT project DAPE, but the project later experienced a rug pull. In March 2024, Serpent launched another project called ERROR, which also experienced a rug pull, leading to his ban from the X platform.Previous news, ZachXBT stated that attacks on social media accounts of McDonald's and the owner of Kabosu over the past few months have resulted in losses exceeding $3.5 million.