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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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Coinbase’s capital markets head reportedly leaves company

People familiar with the matter claimed Brett Redfearn's departure was due to Coinbase shifting its priorities away from digital asset securities.

Brett Redfearn, the former director of the division of trading and markets at the United States Securities and Exchange Commission (SEC), has reportedly left his position at Coinbase after less than five months.

According to a Wall Street Journal report, Redfearn resigned as the head of Coinbase’s capital-markets group at the end of July. People familiar with the matter claimed his departure was due to the crypto exchange shifting its priorities away from digital asset securities.

During his time at Coinbase, Redfearn was responsible for the crypto exchange’s strategy for crypto capital markets, including digital asset securities. The U.S.-based crypto exchange has hired a number of individuals formerly involved with the government prior to and following its initial public offering in April.

Related: Coinbase CEO Brian Armstrong says proposed crypto tax rule makes no sense

Earlier this year, Coinbase announced that a former member of the White House National Security Council, Faryar Shirzad, would become the company’s chief policy officer. The firm also continued to expand its operations in India with the hiring of former Google Pay engineering lead Pankaj Gupta.

Cointelegraph reached out to Coinbase, but did not receive a response at the time of publication.

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