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Showing posts from June 5, 2021

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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‘Blogger by Day, Trader by Night,’ Binance Runs Advertising Campaign in Major Ukrainian Cities

An advertising campaign across some of Ukraine’s most populous cities is now aiming to attract new traders to the world’s largest digital asset exchange, Binance. The Eastern European nation is known as a promising market and a leader in terms of cryptocurrency adoption. Binance Ads Appear on Trains and Trolleys in Ukraine Cryptocurrency exchange Binance has embarked on a mission to entice more Ukrainian traders to its world-leading coin trading platform. The company has recently launched a nationwide campaign showing Binance ads to the residents of the capital Kyiv and three of the country’s largest cities, Kharkiv, Odesa, and Lviv. The organizers are now playing clips advertising Binance onboard the Intercity trains connecting these cities, Forklog reported . The ads run under the slogans “Blogger by Day, Trader by Night” and “Designer by Day, Trader by Night” on the trains’ infotainment systems, a video posted on Youtube shows. The ads call on crypto users among commuters to “T...
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Earn up to 50% APY by Staking $GLQ on GraphLinq App

PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to hold. Explore more about GraphLinq, its staking mechanism & steps to stake. What Is GraphLinq? GraphLinq – The No Code protocol for automating actions on-chain & off-chain, launched in just March 2021, has come a long way bringing users in the crypto space a never seen model of integrating blockchain automation on any blockchain-related/non-related task. The goal of the GraphLinq protocol is to allow users to interact blockchains with any connected system as effortlessly as possible without any prior knowledge of coding. GraphLinq ecosystem currently consists of an engine, an integrated development environment ( IDE ) & an app to provide automated...
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Anonymous Targets Elon Musk for Destroying Crypto Holders’ Lives, Trying to Control Bitcoin

The decentralized group Anonymous has published a message for Elon Musk in a video where they called the Tesla CEO “nothing more than another narcissistic rich dude who is desperate for attention.” They shed light on many things people may not know about Musk, including how he treats his employees, harms the environment, where his fortune came from, how Tesla actually makes money, and his attempt to centralize and control bitcoin mining. Anonymous, a decentralized international activist and hacktivism movement, posted a video Friday directed at Tesla CEO Elon Musk. It is unknown if the people behind this video are the same Anonymous as the hacktivist group known for cyber attacks against several governments since 2003. The video begins with a message: “Greetings citizens of the world. This is a message from Anonymous for Elon musk.” Elon Musk Is ‘Nothing More Than Another Narcissistic Rich Dude Desperate for Attention’ The video starts by explaining why Elon Musk became popular. “...
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Miami Mayor Confident Crypto Regulatory Issues Will Be Resolved — Says ‘Buy the Dip’

The mayor of the U.S. city of Miami, Francis Suarez, explains how he plans to make his city the capital of bitcoin. He believes that issues surrounding cryptocurrency “will work themselves out,” adding that “in the end, there is only one thing to do: buy the dip.” Miami Strives to Become the Capital of Bitcoin Miami Mayor Francis Suarez gave a speech at the Bitcoin 2021 conference in his city on Friday. He highlighted various efforts to make Miami the bitcoin capital. Firstly, he said that Miami was the first to host the Satoshi white paper on a government website. “We were first in the country. We were first because you want to be first in promoting and building this generation’s technology. We were first because we understand that in an experiential world, people are looking for the best in terms of quality of life. We were first because we understood the transformational advantage of being the first mover in an ever-increasing tech world, and we were first because in this city, ...
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Why Bitcoin's next breakout may not be an altcoin season signal

Many investors rely on bullish breakouts from Bitcoin as a sign of the next altcoin season but data suggests this strategy is flawed. On April 14, Bitcoin ( BTC ) reached a $64,900 all-time high after accumulating 124.5% gains in 2021. However, a 27.5% correction followed over the next eleven days, marking a $47,000 local bottom. The popular Crypto Fear and Greed Index reached its lowest level in 12 months on April 25, signaling that investors were closer to "extreme fear," which was a complete reversal from the "extreme greed" level seen during the Bitcoin rally above $60,000. This downward move from April 14 to 25 wiped out $200 billion from the altcoin market capitalization. Still, the recovery that followed could serve as a guide on what to expect when Bitcoin finally manages to exit the sub-$40,000 level. Bitcoin price in USD, Coinbase. Source: TradingView Altcoins posted a similar trend, bottoming at $850 billion on April 22 but fully recovering to a ...
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‘Bitcoin Going to the Moon’ — Bitmex Sending Physical Bitcoin to Lunar Surface in Q4

Cryptocurrency exchange Bitmex is sending bitcoin to the moon. A one-of-a-kind physical bitcoin will be minted and delivered to the moon by a leading space robotics company that Bitmex supports. The coin will hold one bitcoin at an address to be publicly released. Bitcoin Will Be on the Moon in Q4 Bitmex announced Friday that “Bitcoin is going to the moon.” While many say that bitcoin’s price has “gone to the moon” several times before, Bitmex means this time a physical bitcoin will be literally launched to the moon. Helping Bitmex land the coin on the lunar surface is the Pennsylvania-based commercial space company Astrobotic Technology Inc., a leading space robotics company that Bitmex supports. The exchange explains that the space robotics company will send “its first commercial lander to the moon in the fourth quarter of this year.” Astrobotic Technology “has been selected by NASA to deliver science, exploration and technology demonstration payloads to the lunar surface with i...
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El Salvador’s President Nayib Bukele Plans to Declare Bitcoin Legal Tender Next Week

At the Bitcoin 2021 conference in Miami, El Salvador’s president, Nayib Bukele, appeared via a Zoom presentation and noted that he plans to submit a bill next week that recognizes bitcoin as legal tender. Bukele revealed a partnership with the company Strike, a bitcoin payments firm launched by Jack Mallers. Progressive President Nayib Bukele Says Bitcoin Will be Legal Tender in El Salvador El Salvador is looking to become the first country to adopt bitcoin (BTC) as legal tender, as the country’s president Nayib Bukele announced El Salvador’s BTC support at the Bitcoin 2021 conference in Miami. Bukele revealed that the country has formed a relationship with the firm Strike , a Lightning Network payments company created by Jack Mallers. Mallers explained during the conference that it will go down as the “shot heard ’round the world for bitcoin.” Mallers added: “What’s transformative here is that bitcoin is both the greatest reserve asset ever created and a superior monetary net...
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FTX Lands Naming Deal With Esports Giant TSM for $210 Million

On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.” Esports Firm TSM Will Change the Organizations’ Name to ‘TSM FTX’ FTX Exchange has acquired another naming deal after the recent arrangement with the Miami Heat’s arena in Florida. According to the exchange, the company has entered a multi-year partnership with the esports organization TSM for $210 million. TSM is an organization that fields players in a number of online competitions with games like PlayerUnknown’s Battlegrounds, PUBG Mobile, Tom Clancy’s Rainbow Six Siege, League of Legends, Apex Legends, Valorant, Hearthstone, and Super Smash Bros. The deal is between FTX Trading Limited, West Realm Shires Services Inc, and TSM. With exclusive ownership of the naming rights to TSM, the organization will now be known as “TSM...
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The NFT bubble may have popped, but the sector is still primed for expansion

NFT sales and active wallets fell by more than 40% in the past month but new layer-2 infrastructure is preparing the sector for the next surge. Nonfungible tokens ( NFTs ) took the world by storm in March and April of this year with an onslaught of daily headlines about record-breaking sales and big-name companies dropping their own one-of-a-kind digital art pieces dominating the mainstream media. Fast forward a few months and the narrative has shifted to the 'NFT bubble' popping and doom and gloomers warning that NFT investors are on the verge of losing all of their money. NFT market 1-year history. Source: NonFungible The rapidly declining prices and activity on the top NFT marketplaces have prompted many to speculate on the death of the nonfungible token space despite the well-known cyclical nature of the crypto market that can spring back to life at the drop of a hat. You knew this was coming, right? NFTs Are Dead (of course you can buy this song as an NFT)...
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Jack Dorsey’s Square Inc. to invest $5M in Blockstream Bitcoin mining facility

Blockstream is a leading blockchain development company founded by Adam Back in 2014. Square Inc. , a crypto-friendly mobile payments company, is planning to invest $5 million in a solar-powered Bitcoin ( BTC ) mining facility for Blockstream Mining , offering further insight into Jack Dorsey’s continued support for blockchain infrastructure.  Chris Cook, Blockstream’s chief information officer, announced the collaborative partnership on Saturday, where he outlined plans to build the open-sourced mining facility at one of Blockstream’s United States operations. "Together, we plan to provide public transparency by sharing the project economics and knowledge we’ve gained from building a Bitcoin mine powered by renewable energy,” he said , adding: “Ultimately, we hope to demonstrate how bitcoin mining in conjunction with renewable energy can help drive the clean energy transition.” In addition to providing regular reports on the status of the project, the new initiative will al...
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Bitcoin 2021: Here's a live update of the biggest movers and shakers of Day 2

The largest-ever Bitcoin conference continued on Saturday. Here's a rundown of what you may have missed. Some of crypto’s most influential people headlined the second day of Bitcoin 2021 Miami , offering words of wisdom about the future of decentralization, privacy and financial inclusion. Day 2 began with a panel discussion centered around Bitcoin’s macro landscape, where Morgan Creek Digital founder Mark Yusko drew attention to the destruction of the dollar caused by the Federal Reserve’s endless money printing . “Thirty-nine percent of all dollars were created in the last 12 months,” he said, adding that the U.S. dollar is “the biggest shitcoin of them all.”  The heavy panel discussion surrounding Bitcoin and monetary policy was followed by legendary skateboarder Tony Hawk discussing what happens when a counterculture goes mainstream. “It was very fast, it was international, for me it was the future of finance,” he said  of Bitcoin. “I did buy Bitcoin in 2012.” “Tony ...
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Floyd Mayweather Gets Booed at Bitcoin Event for Saying ‘Another Crypto Will Be Just as Big as BTC’

The undefeated professional boxer Floyd ‘Money’ Mayweather recently spoke at the Bitcoin 2021 conference in Miami and was booed while speaking on stage. Mayweather’s speech wasn’t appreciated by members of the crowd because he didn’t discuss bitcoin much and toward the end, Mayweather said he believes another crypto will be “just as large as bitcoin someday.” Attendees at the Bitcoin 2021 Conference Disliked the Boxer’s Opinion Boxing legend Floyd Mayweather has been a fan of digital currencies for a long time now, as the boxer has participated in an initial coin offering (ICO) and recently released non-fungible token (NFT) collectibles. Mayweather is preparing to have a boxing match with the Youtuber Logan Paul, and recently spoke at the Bitcoin 2021 conference in Miami. . @FloydMayweather knows the #flippening is inevitable 🐬 $ETH 🐬 pic.twitter.com/h5SF0cWXxS — ETH Memes (@EthereumMemes) June 4, 2021 During Mayweather’s talk on stage, he discussed how blockchain tec...
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Growing pains? DeFi exploits plunder BSC, which calls for reinforcements

Binance Smart Chain is getting overrun by hacks, with CipherTrace brought in to keep the BSC-based DeFi platforms safe. Several decentralized finance (DeFi) protocols running on Binance Smart Chain (BSC) have fallen victim to major exploits in recent months as the sector continues to see substantial growth in 2021. Binance’s very own smart contract blockchain platform has seen a surge in demand since its launch in September 2021, due to its low fees and high throughput. This has allowed the Binance Smart Chain to appropriate a percentage of the DeFi market as platforms looked for an alternative to Ethereum’s high gas fees. While Ethereum still commands the lion’s share of the DeFi network’s transaction volume due to the number of major platforms running on its blockchain, BSC is an attractive alternative that has enjoyed real success, spurred on by its interoperability with the larger Binance ecosystem. Given that Binance is the largest cryptocurrency exchange by volume in the wor...
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These Bitcoin tweets were way ahead of their time

One Twitter user thought Bitcoin had taken off without them in 2010, while another figured BTC wouldn't go anywhere. Bitcoin came to life in 2009 . More than a decade later, the present day looks back on an enormous amount of development that has built a surrounding industry, complete with other blockchains, assets and solutions. Some folks knew about Bitcoin ( BTC ) in its early years, while others have jumped on the train in varying droves since then. Looking back through Twitter’s history reveals a few tweets that were far ahead of their time.  In 2010, one Twitter user saw Bitcoin’s potential, yet expressed skepticism regarding its future. Little did they know how common the term Bitcoin would become, surfacing as the topic of numerous mainstream news interviews and reporting. Just learned about bitcoin.org. Probably won't leave the realm of geeks, but it has some really neat ideas about electronic currency systems — Jacob Farkas (@farktronix) November 16, 2010 So...
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