The contract between Ferrari NV’s Formula One Team and the blockchain technology company Velas Network AG reportedly has come to an end, amidst the increasingly crumbling pacts between sports companies and cryptocurrency sectors. Previously, in December 2021, the luxury sports car maker signed a multi-year agreement with Velas with the intention to create digital content The post An Abrupt End to Ferrari NV- Velas Network Deal; Reports Bloomberg appeared first on Coin Edition .