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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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Huobi Global welcomes Vincent Lau as new managing director

Vincent Lau, formerly of Bitfinex and OKEx, has joined Huobi Global as its new managing director.

Huobi Global, one of the largest cryptocurrency exchanges by trade volume, has announced the appointment of blockchain industry veteran, Vincent Lau, as the company’s new managing director.

Lau previously worked as an executive at major crypto exchanges Bitfinex and OKEx, and has worked for global corporations outside of the blockchain sector including e-commerce marketplace Groupon and marketing firm Iclick Interactive.

With Huobi Global, Lau will be tasked with overseeing the firm’s international expansion, strategic development, and localized operations. Huobi hopes to expand in key markets across Southeast Asia, the Middle East, Africa, and the European Union, according to an announcement.

The new managing director will also oversee Huobi’s push into DeFi and will head up overseas development for the firm’s smart contract platform, Huobi ECO Chain, as well as working to promote the adoption of its H-tokens.

Huobi’s H-tokens are assets issued on Ethereum that are “backed by cryptocurrencies from other blockchains,” with Huobi stating the tokens serve “as a bridge between the centralized market and the DeFi market.”

Yesterday, Cointelegrpah reported that a subsidiary of the exchange, Huobi Technology Holdings, had been approved by the Hong Kong Securities and Futures Commission to launch a crypto asset management portfolio. Huobi Asset Management is now looking to launch three funds, pending further regulatory approval.

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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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