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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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Traffic to Binance surges to record highs, site goes down for maintenance

Binance suffered an outage today after announcing consecutive new all-time highs for web traffic.

Leading crypto asset exchange Binance was forced to suspend its spot and margin trading services just a few minutes after its CEO took to Twitter to boast the platform had smoothly handled new record highs for website traffic.

Binance chief executive Changpeng Zhao, or CZ, tweeted the exchange had experienced a new all-time high for traffic on Feb.10, stating the platform had “handled the load” of a 60% increase in traffic on top of the previous day's record traffic. 

CZ also noted that new user sign-ups had tagged record highs: “New account registrations are still open, not sure for how long.”

CZ's now-deleted Feb. 11 tweet

The tweet has since been deleted, with Binance publishing a “notice of temporary system maintenance” roughly 30 minutes later. The exchange returned to normal operations roughly one hour after the notice was issued.

Only futures trading was able to continue operating as usual, with the exchange announcing it had “suspended deposits, withdrawals, spot and margin trading, P2P trading, OTC Portal trading, savings & redemption, as well as asset transfers from sub-accounts, margin accounts, futures accounts, and fiat wallets.”

CZ issued a follow-up tweet lamenting his original post after Binance’s maintenance notice had been published:

According to website analytics team SimilarWeb, Binance was the 381st most-popular website worldwide during January, ranking third among websites featured in SimilarWeb’s “Finance > Investing” category.

Traffic from Turkey doubled during January to represent the single-largest geographical source of traffic for Binance, with Turkish users representing 6.89% of Binance’s 136 million monthly visitors. Russia ranked the second-largest source of traffic with 6.53%, followed by the U.S. with 5.11%, the U.K. with 4.70%, and France with 3.50%.

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