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...

Twitter Launches Bitcoin Tipping Feature, Explores NFT Authentication

Twitter Launches Bitcoin Tipping Feature, Explores NFT Authentication

Twitter has begun rolling out “Tips,” a feature that allows users to send bitcoin or cash tips. The rollout begins with iOS users with Android coming soon. The company is also planning support for non-fungible token (NFT) authentication.

Twitter Rolls Out ‘Tips’ With Bitcoin

Twitter Inc. announced Thursday that it is rolling out the bitcoin tipping feature starting with iOS users. The company tweeted: “Tested the Tips feature, turns out people love money. Rolling out on iOS with Android coming soon.” Twitter described:

Tips allows you to send bitcoin or cash tips depending on how you configure your Tips settings and the regional availability of third-party payment providers.

Twitter Support tweeted explaining how to use the new tipping feature. “Looking to get a little support with Tips? Tips is now rolling out to everyone (18+) on iOS. Add the Tips icon to your profile from the ‘Edit profile’ button,” the support account wrote.

Esther Crawford, Twitter’s product manager, detailed that when an account has turned on Tips, the Tips icon will appear next to the follow button on the profile page. “Tap the icon, and you’ll see a list of payment services or platforms that the account has enabled, and you can select whichever you prefer,” she wrote, emphasizing:

Once you tap the service you want to use, you’ll be taken off Twitter to the selected app to send funds. Twitter takes no cut.

“In addition to the services currently enabled through Tips, people can now seamlessly tip with bitcoin using Strike — a payments application built on the Bitcoin Lightning Network that allows people to send and receive bitcoin. Strike offers instant and free payments globally,” Crawford added.

Strike is available in the U.S., excluding Hawaii and New York, as well as in El Salvador, where bitcoin is now legal tender alongside the U.S. dollar. Users in eligible markets can sign up for a Strike account and add their Strike username to receive bitcoin tips over the Lightning Network. “You can use any Bitcoin Lightning wallet to send tips to someone’s Strike account,” the product manager clarified.

“When you enable Tips on your profile, you can now also add your bitcoin address. People can copy your address and paste it into a bitcoin wallet of their choice to send you a payment directly,” she noted.

Besides Strike, other payment options and platforms currently available are Bandcamp, Cash App, Chipper, Gofundme, Patreon, Picpay, Razorpay, Wealthsimple Cash, and Paypal’s Venmo.

Twitter Exploring NFT Authentication Support

In addition, Twitter announced that it is also planning to support authentication for non-fungible tokens (NFTs). “We’re excited to soon explore NFT authentication,” Crawford was quoted as saying. “It’s a way to support creators making this art with a stamp to demonstrate authenticity. By allowing people to directly connect their crypto wallets, they can track and showcase their NFT ownership on Twitter.”

She added: “We’re interested in basically just making it visually clear that this is an authenticated avatar and then give you some interesting info and insight about the provenance of that NFT.” A Twitter spokesperson said:

NFT authentication will come in the form of a badge, shown on profile pictures, marking the owner’s NFT as authentic.

What do you think about Twitter’s bitcoin tipping feature and NFT authentication? Let us know in the comments section below.

Comments

Popular posts from this blog

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...

Year of sponsorships: Celebrities who embraced crypto in 2021

From Matt Damon appearing in a TV spot for Crypto.com to Kim Kardashian shilling EthereumMax, 2021 saw celebrities with higher profiles getting into crypto. Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets. In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram story shared with  her more than 200 million followers . The token, which was used as payment for online ticket purchases for some pay-per-view events, gained 116,000% in just one week following the celebrity’s activity before falling more than 99% and leaving many investors in the red. Kim Kardashian promoting EthereumMax on Instagram Stories, June 2021. Source: Instagram Though EthereumMax is somewhat of a cautionary tale for cry...

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...