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Foresight News reported, according to Decrypt, that FC Barcelona has signed a global sponsorship agreement worth $22 million over three years with the crypto company Zero-Knowledge Proof (ZKP), making it the club’s official crypto protocol partner. However, this move has sparked external criticism. Former board member of the club, Xavier Vilajoana, stated that reaching an agreement with this crypto startup is a sign of “financial desperation.” He pointed out that there are red flags in the company’s background and described the decision as extremely concerning. ZKP launched its social media accounts and whitepaper earlier this month, and at the time of the agreement, ZKP’s account on X had only 33 followers. Its website does not provide detailed information about ownership or funding structure, and it is currently conducting an initial coin offering (ICO). In an official statement, FC Barcelona clarified that the club “has no association with the company’s token,” and that the existence or issuance of the token was never discussed during sponsorship negotiations. The existence and issuance of the token are not part of the previously signed sponsorship agreement with the club.

Foresight News reported, according to Onchain Lens monitoring, since the last update, a certain whale has purchased 2,024 ETH (approximately $5.98 million) from HyperLiquid. This whale currently holds 7,066 ETH, valued at about $21.22 million.