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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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Global crypto ATM installations increased by 70% in 2021

2021 saw the installation of over 10,000 new crypto ATMs worldwide, with the United States taking the lead.

Alongside cryptocurrency’s decade-long adoption drive, the crypto ATMs continue to momentum across the globe. Based on Coin ATM Radar’s latest data, crypto ATM installations in 2021 witnessed a spike of 71.73%, pulling up the numbers from 13,993 in 1st Jan to 24,030 at the time of reporting. 

Last year, the global count rose to 13,993 ATMs with a 119.56% growth after 7,620 new machines were installed. 2021 saw the installation of 10,037 ATMs to date. To keep things in perspective, data suggests that crypto ATMs are being installed at a speed of roughly 52.3 ATMs per day.

The United States currently leads this space, having installed nearly 48 ATMs per day based on the data acquired in the last 7 days. As reported by Cointelegraph back in March, the ATM count in the US rose to 177% in just a year, standing at 16,835.

Crypto ATMs can currently be accessed across 75 sovereign nations, being powered by 42 producers. Coin ATM Radar’s data on the manufacturers also suggests that Genesis Coin dominates this space with 40.9% market share while the General Bytes owns around 24% of the market. The remaining 35% of the market is shared among other players, including BitAccess, Coinsource and Bitstop.

Related: Circle K convenience stores will host thousands of crypto ATMs

One of the largest holders of the Bitcoin (BTC) ATM network, Bitcoin Depot, recently announced a partnership with Circle K to install crypto ATMs across the U.S. and Canada. The partnership has since resulted in the installation of more than 700 Bitcoin ATMs.

Bitcoin Depot operates over 3,500 crypto ATMs allowing users in the US and Canada to purchase over 30 types of cryptocurrencies, including Bitcoin, Ether (ETH) and Litecoin (LTC).

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