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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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Binance completes Polygon wallet integration

The company indicated that transactions should now be cheaper than utilizing the traditional Polygon-Ethereum bridge.

Binance has fully integrated the Polygon (MATIC) mainnet onto its platform, according to a press release. From now on, Binance traders can deposit and withdraw MATIC through their Binance accounts while also interacting with decentralized applications, or DApps, like Sushiswap, Balancer, Aave, and more. 

This integration is meant to ensure that traders can utilize said DApps cheaply and efficiently without using the existing Polygon bridge.

Related: Polygon announces scalable data availability infrastructure Avail

While this announcement specifically focuses on the MATIC mainnet token, Binance also intends to support ERC20, BEP2, and BEP20 MATIC associated tokens.

Binance marks Polygon’s latest integration, as the network has already worked with Huobi and Coinbase Wallet, among others, to the same effect. The scaling solution is supported by various Ethereum-centric services as well, such as Metamask and Infura.

DApp users are waiting patiently for Ethereum 2.0 to solve many of its scalability issues. However, it appears that Polygon is filling that void for now. The network gives developers a way to build unique sidechains for all of their DApps, which may provide the necessary growth capabilities for mass adoption.

Related: Crypto enthusiasts ape in as DEX expands to Polygon

Devs are already taking advantage of those capabilities, too. Recently, Polygon established the gaming-focused Polygon Studios to build decentralized games and harness the power of non-fungible-tokens.

As for Binance, the situation is a little more cloudy. The world’s largest cryptocurrency exchange has just been banned in Malaysia. It has 14 days to cease operations in the region. This news comes shortly after learning Binance will shut down crypto derivatives trading in Europe, despite the platform’s cutting of withdrawal limits and its introduction of tax reporting tools.

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