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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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ChainSwap raises $3M from investors including Alameda Research and NGC Ventures

The multi-chain bridge hub aims to bridge Ethereum and BSC and beyond.

Cross-chain asset bridge and application hub ChainSwap has closed a $3 million strategic funding round with participation from some of the biggest names in decentralized finance and the crypto industry.

In an April 7 announcement, ChainSwap stated that it raised the funds in order to accelerate its vision of creating a multi-chain and multi-asset application hub.

Participants included some big names in crypto and DeFi such as Alameda Research, OKEx’s venture arm OK Block Dream Fund, NGC Ventures, Spark Digital Capital, Metaconstant Ventures, CMS Holdings, Rarestone Captial, SRC Capital, DAO Ventures, and a number of others.

The ChainSwap platform allows projects to seamlessly bridge between Ethereum, Binance Smart Chain, and the Huobi Eco Chain (Heco). It plans to add cross-chain solutions for Bitcoin, Polkadot, and Solana in the future and has already begun with a Polkastarter bridge launched on March 21.

The protocol currently supports 18 tokens from various platforms including stablecoins RAI and FEI, Polkastarter’s POLS, Vortex VTX token, Strongblock’s STRONG, and a number of more obscure listings which can be seamlessly swapped between the three currently supported blockchains.

It plans to launch its own token which will be airdropped for protocol users and holders of the AntiMatter token, MATTER. AntiMatter Finance is a lightweight on-chain DeFi perpetual derivative protocol currently running on testnet.

ChainSwap is one of a number of multi-chain platforms entering the DeFi space in recent months. Decentralized liquidity network THORChain will be launching what it calls a “multichain chaosnet” (MCCN) on April 13.

The multi-chain AMM will compete with the likes of Uniswap v3 when it goes live in early May. Thor’s native token RUNE rallied to all-time highs in late February after Multicoin Capital revealed it had accumulated a large position.

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