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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...

Tor Project’s crypto donations increased 23% in 2020

Bitcoin remained the most popular cryptocurrency for the Tor Project’s donors in 2020, followed by altcoins like Ether, Monero and Zcash.

The cryptocurrency community has been doubling down on its support to privacy-centric applications like Tor Browser in 2020, according to new data.

The Tor Project, a non-profit organization behind the anonymous Tor Browser, saw a 23% increase in cryptocurrency donations in 2020. A spokesperson at the Tor Project told Cointelegraph that crypto-powered donations surged from $189,637 in 2019 to $233,019 in 2020.

According to a Jan. 25 announcement by the project, crypto donations made up nearly 26% of total individual donations, which amounted to $913,110. According to a Tor Project representative, Bitcoin (BTC) was the most popular cryptocurrency for their donors in 2020, followed by Ether (ETH) and privacy-focused altcoins like Monero (XMR):

“We have seen that Bitcoin remains the most popular cryptocurrency for our donors, followed by Ethereum and Monero — these two currencies are about evenly split for second most popular. Next most popular is Zcash.”

The Tor Project has emerged as a major Bitcoin-friendly nonprofit, having started accepting BTC donations back in 2013. In March 2019, the Tor Project expanded the number of supported cryptocurrencies for donations, adding eight altcoins including Ether, Bitcoin Cash (BCH), Litecoin (LTC) Dash (DASH), Stellar Lumens (XLM) and others.

The project’s move to support more cryptocurrencies for donations was apparently widely appreciated in the crypto community as Bitcoin holders got an opportunity to keep their BTC and donate in other digital currencies instead. In September 2019, Matt Odell, a Bitcoin maximalist and co-host of the Tales from the Crypt podcast, urged the community to support the Tor Project with altcoins, not Bitcoin. “Donate shitcoins. stack sats,” Odell wrote in his XLM transaction to the Tor Project.

Cryptocurrencies like Bitcoin were becoming increasingly popular as a tool for donations in 2020. Dave Portnoy’s Barstool Fund — an initiative to support small businesses impacted by the COVID-19 pandemic — started accepting crypto donations through The Giving Block in late 2020.

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