Skip to main content

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...
Post a Comment

Crypto users demand reinstatement of Pakistani government adviser following sudden resignation

Zia Ullah Bangash's potential departure from an important role in facilitating Pakistan's regulatory environment for crypto had many threatening to withhold votes and demanding answers.

Many users on social media have started an online campaign for Pakistan Prime Minister Imran Khan to bring back pro-crypto adviser Zia Ullah Bangash.

On Saturday, Bangash, the science, technology, and information technology adviser to Mahmood Khan, the chief minister of the Khyber Pakhtunkhwa province, announced he would resign his position. Bangash cited “unavoidable circumstances” in his decision to leave his advisory role in addition to responsibilities in his constituency — he previously served as a member of the provincial assembly of Khyber Pakhtunkhwa, or KP. Khan reportedly has not yet officially accepted his resignation.

The sudden departure of a figure many crypto users in Pakistan seemingly considered a proponent for blockchain and digital currency projects prompted a swift backlash from Twitter users. Within hours of Bangash’s announcement, many had gotten the hashtag “WeWantZiaBangashBack” trending in the country with more than 23,900 tweets. Some threatened to withhold votes from PM Imran Khan in the next election, expected in 2023.

“He is the only one in politics who understands the crypto and technology,” said Asad Shah, tagging the PM’s Twitter account.

“[Zia Bangash was the] only person who helped getting [sic] crypto back to our country,” said Yasen Ali. “We want Zia Bangash back. @ImranKhanPTI Bring him or we won’t vote you next time.”

Others speculated on the reasons for the sudden resignation, with many alleging local mafia groups may have pressured Bangash to leave in an attempt to stymie the country promoting innovative technology. Among them was crypto advocate and influencer Waqar Zaka, who previously helped set up a federal committee to create cryptocurrency policy in the region.

“The person who got crypto in [KP] and working [sic] hard to get Facebook Monetization on in PAK, resigned, do you know why?” said Zaka. “Cuz there are stupids in Govt who don’t want to do anything and will stop anyone like Zia too. We want him back @ImranKhanPTI.”

As a technology adviser and crypto advocate, Bangash regularly tweeted about government actions in Pakistan that could potentially affect the regulatory environment for crypto. One of his last posts before announcing his resignation was on State Bank of Pakistan governor Reza Baqir saying on CNN the country was carefully studying the issuance of central bank digital currencies. In addition, he reported on the efforts of KP province to "take action to legalize cryptocurrency and crypto mining in Pakistan."

“For nation progress, Pakistan needs digital revolution, and digital revolution needs @ZiaBangashPTI,” said Mohammad Khan, who claimed to be a member of the social media team behind the country’s centrist political party, Pakistan Tehreek-e-Insaf, of which both Bangash and the PM are members. “@ImranKhanPTI @IMMahmoodKhan keep politics aside, don't shatter our dreams and let Pakistan grow.”

https://ift.tt/3x5xL7I
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed

Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in 3 Days The University Institute of Public Opinion (Iudop) in El Salvador conducted a study between Aug. 13 and Aug. 20 of how the public views the country’s upcoming Bitcoin Law. The institute is a research center of the José Simeón Cañas Central American University (UCA). El Salvador’s Bitcoin Law is set to go into effect on Sept. 7 , when BTC will be legal tender in the country alongside the U.S. dollar. A total of 1,281 respondents ages 18 and over participated in this national survey that “represents the entire adult population residing in the country,” according to the institute. Out of all the respondents, 62.4% said they were aware of the approval of the Bitcoin Law by the deputies of the ...
Post a Comment
Read more

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to strengthen the company’s Ethereum wallet Metamask and “enhance Web3 experiences.” The eventual merger between the two Ethereum interfaces will “provide users with a heightened experience that is even more extensive and secure,” according to Consensys. Consensys is an Ethereum software company led by one of the Ethereum co-founders Joseph Lubin. The Web3 wallet Metamask, with 21 million monthly active users (MAUs) is owned by C...
Post a Comment
Read more

Bitcoin breaking new highs in Q4 will ‘temporarily turn alts to dust’ — Analyst

Things will get exciting in quarter four, but not before a convincing floor is put in across crypto, analysts say this week. Bitcoin ( BTC ) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: “Right now, we’re stuck” Data from Cointelegraph Markets Pro and TradingView  showed BTC/USD dropping to around $1,000 below overnight highs of $44,400 on Bitstamp on Sept. 27.  The move constitutes a rejection at a “critical” zone to break, Cointelegraph contributor Michaël van de Poppe explained, with $42,000 now the key level to hold for a higher low. Bitcoin is acting in an increasingly narrow range, he summarized in his latest YouTube update. “Right now, we’re stuck,” he said, pointing to $47,000 as next should the $44,600 zone be reclaimed. On the downside, the zone between $38,000 and $40,000 remains valid for a bounce, while a co...
Post a Comment
Read more