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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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Belarus government explores potential move into crypto mining

The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining.

The Belarus state is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC).

The Ministry of Energy of the Republic of Belarus officially announced Friday that it is actively exploring the pros and cons of cryptocurrency mining. Minister Viktor Karankevich said that the crypto mining industry is rapidly growing all over the world in countries like China, the United States, Canada and Russia.

The minister went on to say that the government is considering tapping into the mining industry following an investigation of the potential risks and other factors:

“This is a new direction for us now. It is interesting but in order to get started with it, we have to conduct a detailed study of this issue, including an assessment of possible risks associated with this kind of activity. We’re on this.”

The Belarusian government has been exploring the question of crypto mining for a while. In April 2019, President Alexander Lukashenko reportedly proposed to deploy excess energy from the country’s first nuclear power plant to mine cryptocurrencies and sell them.

Belarus has been trying to position itself as a cryptocurrency-friendly country in recent years. In 2017, Lukashenko signed a decree on the development of the digital economy, legalizing major crypto-related activities like mining, buying and selling, and trading crypto. In 2019, Belarusbank — the largest bank in Belarus — claimed that it was considering setting up a crypto exchange.

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