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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

Argentinia’s Ripio acquires Brazil's second-largest crypto exchange

Argentinian crypto firm Ripio has acquired Brazil’s BitcoinTrade, Brazil's second-largest exchange by volume.

Ripio, a digital asset company based in Argentina, has purchased major Brazilian crypto exchange BitcoinTrade.

According to Argentine newspaper Ambito, the acquisition is part of Ripio’s plan to spread across South America. BitcoinTrade is reportedly the second-largest crypto exchange in the country by volume.

Ripio CEO and co-founder Sebastián Serrano said it made the purchase to “expand access to the world of digital assets” in the region.

"We are convinced that Ripio is the best company to extend the path we are building with BitcoinTrade in Brazil,” said BitcoinTrade founder Carlos Andre Montenegro.

Founded in 2013, Ripio claims to be one of the largest crypto exchanges in South America, with employees based in Argentina, Brazil, Mexico, Uruguay and Spain. The company launched a crypto trading platform with over-the-counter services in 2019, and was named as one of the World Economic Forum’s Tech Pioneers last year.

In November, an Argentine lawmaker proposed legislation to provide a national framework for crypto in the country. The bill is intended to address “very arbitrary rules” governing Argentina’s crypto ecosystem.

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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...

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