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Dallas Mavericks embrace Bitcoin

The Dallas Mavericks have become the second team in the NBA basketball league to accept Bitcoin, a form of cryptocurrency, as a method of payment for game tickets and merchandise.

The Mavericks will utilise the service provider BitPay to process all Bitcoin purchases. Founded in 2011, BitPay has offices in North America, Europe, and South America and has raised over $70m (€62.8m) from leading investors including Founders Fund, Index Ventures and Aquiline Technology Growth.

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