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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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BlockFi users targeted in ‘racist and vulgar’ email attack

Roughly 500 people were in for a random surprise on Mar. 8, receiving a profanity-laced correspondence from BlockFi after their email addresses were used to sign up for fake accounts.

This week's temporary closure of registrations for crypto lending and borrowing app BlockFi was due to an attack by a “malicious actor” according to Forbes.

According to employees of the company, a single attacker began the registration process for more 1,000 fake accounts on Mar. 7, using email addresses belonging to real users.

The attacker entered “vulgar and racist” terms as the first and last names for the fake accounts which resulted in about 500 emails containing offensive language being sent out automatically before BlockFi caught on to the problem and halted registrations altogether.

“I am the farthest thing from a crypto investor,” tweeted Philadelphia-based journalist Sara Sheridan in all caps on Mar. 8. “I never even heard of BlockFi before receiving an email addressing me as a racial slur.”

Zac Prince, the CEO of BlockFi, initially described the attack as a “technical issue with the new account signup workflow” before unveiling the full scope of what had happened in today’s Forbes article.

A similar attack was reported by crypto derivatives exchange FTX last month. Attackers managed to trick the feed from Blockfolio’s Signal app, a product acquired by FTX in Aug. 2020, into displaying racist messages. FTX CEO Sam Bankman-Fried believes the attack was done by a competitor.

Some BlockFi customers reported not being able to access the company’s website altogether following a scheduled maintenance period which had concluded earlier in the day, on Mar. 7, but the matter may be unrelated to the attack.

Visitors to the BlockFi website are currently met with a message clarifying that while registration remains closed, pre-existing BlockFi clients continue to have full access to the platform.

The attack BlockFi’s problems come at a critical time for the three year old company as it is currently attempting to close a round of funding that will bring its valuation to approx. $3 billion. The crypto assets lender has attracted over $100 million in venture capital thus far, including contributions from Coinbase Ventures and Winklevoss Capital.

In May 2020, BlockFi suffered a data breach in which the full names, addresses and dates of birth of customers were compromised.

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