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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...

Hackers post racist and offensive messages to Blockfolio users

A breach of Blockfolio’s signal feed saw racist messages sent to some users of the crypto portfolio platform.

Some Blockfolio users received shocking messages from the app on Tuesday in what has now been confirmed as a breach of the platform’s signal feed.

The hackers responsible for the breach sent racist and offensive messages, threatening them to withdraw their funds or risk losing their deposits.

Responding to the matter, Blockfolio released a tweet apologizing for the incident while assuring users of the safety of their funds.

According to Blockfolio, the breach only affected the signal submitter protocols and not the actual trading environment.

The platform also promised to credit all trading feature-enabled users with $10 as well as others who sign up within the week.

FTX CEO Sam Bankman-Fried also responded to the incident via his Twitter account stating that the company will perform a security review of Blockfolio’s non-trading protocols. As previously reported by Cointelegraph, FTX acquired Blockfolio for $150 million back in August 2020. According to Bankman-Fried:

“No members of the Blockfolio team wanted this to happen. But we are all responsible for our product and will be doing what we can to fix this. I'll also be donating to the ACLU today, as will a number of other staff members.”

The Blockfolio hack is yet another example of how non-deposit resources on crypto platforms are also being targeted by malicious hackers. Crypto exchanges and hardware wallet makers have seen breaches exposing sensitive user data in recent months.

Indeed, with the Ledger data breach, some affected users even received threats of physical harm after their phone numbers and home addresses were leaked online.

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