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...
A cannabis dealer has forfeited bitcoins worth about $3 million after they were seized by the Irish Criminal Assets Bureau. However, a bigger stash of 6,000 bitcoins belonging to him, worth about $200 million at the current price, are still inaccessible to the bureau. Irish Authority Sold Seized Bitcoin Cannabis dealer Clifton Collins has forfeited bitcoins worth about $3 million that were previously seized by Ireland’s Criminal Assets Bureau (CAB), the Sunday World reported last week. Collins reportedly has two bitcoin stashes. He consented to the confiscation of the first, smaller stash in Bray Circuit Court at the end of December when the bureau told a judge it had sold the cryptocurrency. Collins began cultivating cannabis full-time around 2005. He rented properties around Ireland, including a house in Galway, to grow his marijuana crops. He harvested, packaged, and sold them in Dublin. He then used the proceeds to buy bitcoin in late 2011 and early 2012. The police arrested h...