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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...

Elon Musk reminds followers he really isn’t Dogecoin’s master

Musk's tweets have been credited with markedly influencing the value of the meme cryptocurrency.

Tesla CEO Elon Musk reminded Twitter followers on Tuesday that despite the recent interest he’s taken in Dogecoin (DOGE) he still has no formal authority over the project.

Musk was replying to a comment from a Doge-themed account which opined that he had taken to operating Dogecoin like one of his own companies, and that he’d effectively become the project’s CEO.

The comment framed Musk’s influence as something to be celebrated, but the self-proclaimed “Dogefather” issued a reminder that he actually isn’t the boss, and that no one really answers to him.

“Please note Dogecoin has no formal organization & no one reports to me, so my ability to take action is limited,” wrote Musk.

The results of a recent survey conducted in Australia revealed that more than 50% of respondents believed Elon Musk to be the inventor of Bitcoin (BTC), suggesting that his recent Dogecoin reminder might be well judged.

Dogecoin is a meme in the form of a cryptocurrency that was created for purely humorous reasons. After being launched in 2013, the joke eventually faded, and the coin disappeared into relative obscurity until Elon Musk stumbled across it in 2020. Hopping on the bandwagon of a joke the best part of a decade old, Musk’s subsequent tweets were credited with pumping the value of Doge throughout much of 2021.

Others have attributed blame to Elon Musk for what is perceived as an irresponsible swaying of cryptocurrency markets. A petition on Change.org was launched amid the market crash of mid-May demanding that Musk sell off his Bitcoin holdings and divest himself from the cryptocurrency sphere before his tweets cause more unwanted commotion.

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