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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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Mariah Carey buys Bitcoin, hopes to empower fans through education

The Grammy Award-winning artist touted Gemini exchange’s crypto education platform and encouraged fans to learn about investing.

Pop icon Mariah Carey is the latest celebrity to embrace Bitcoin (BTC) through the Winklevoss-led Gemini cryptocurrency exchange, offering another sign that digital assets are becoming mainstream. 

In a video message to her 10.2 million Instagram followers, Carey announced Tuesday that she is partnering with Gemini to boost Bitcoin adoption and support girls of color in their pursuit of STEM degrees — a broad education category that refers to science, technology, engineering and mathematics.

In the video, Carey confirmed that she invests in Bitcoin through Gemini. She also gave her fans a referral code to redeem $20 in free BTC.

“Did you know you don’t need to buy a whole Bitcoin to invest? In fact, you can buy as little as $5,” she said.

Carey credited Cryptopedia, Gemini’s free education platform, for teaching her about cryptocurrency investing.

Users who sign up through the referral link and begin trading on Gemini will be contributing directly to Black Girls Code, a non-profit organization that provides technology education for African-American girls. 

While early crypto investors were considered ahead of their time for investing in Bitcoin before the major financial institutions, a large segment of the market is heavily influenced by celebrity endorsements. In September, a Morning Consult survey of 2,200 United States adults found that 45% of crypto holders would seek exposure to a cryptocurrency if it is endorsed by someone famous. 

Related: TikTok embraces NFTs with creator-led collection

Celebrities have become highly influential in the budding nonfungible token (NFT) market, which has attracted billions of dollars in investment this year alone. Despite the frothy hype, Ethereum co-creator Vitalik Buterin believes celebrities can push the NFT market toward socially relevant causes.

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