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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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Former Bitcoin.com CEO sues oracle over 37.5M allegedly unpaid tokens

The co-founder and former CEO of Bitcoin.com is suing a Tron-based oracle platform and its principal founder for allegedly failing to pay him.

Mate Tokay, Bitcoin.com’s former CEO, is taking legal action against a small-cap crypto he advised for reportedly failing to pay him 37.5 million BRG tokens worth $525,000.

Tokay claims that he was never paid for his services, despite the project using his name for recognition to attract investment for Bridge.link's $8 million initial exchange offering three months ago. He adds that Bridge’s founder Sina Estavi offered to compensate Tokay with “a far lower sum” than what was agreed in their contract, adding that other advisors have allegedly received similar treatment.

At current prices, the reportedly promised stash of 37.5 million BRG would be worth $525,000 in total.

Tokay further alleges that the circulating supply for BRG claimed by Bridge.link is inaccurate, noting he has informed “other crypto industry market leaders, price aggregations sites, and relevant exchanges” of the “massive” discrepancy between BRG’s purported and actual and circulating supply.

Tokay warned that the discrepancy could leave BRG investors vulnerable to a “classic pump and dump,” describing Bridge.link’s actions as “market manipulation.”

While crypto market data aggregator CoinGecko currently does not list data for BRG’s circulating supply or market cap, CoinMarketCap ranks BRG as the 231st-largest crypto asset with a capitalization of $141 million.

Bridge Oracle 180-day price chart. Source: CoinGecko

BRG has slumped from $0.019 to $0.017 over the past 24 hours, suggesting that some investors are dumping amid Tokay’s lawsuit — with more than 97% of volume originating from a single exchange.

Despite the legal action, the price of BRG is up more than 200% over the past 30 days.

Bridge.link did not immediately respond to Cointelegraph's request for comment. 

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