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Showing posts from December 11, 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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Rich Dad Poor Dad’s Robert Kiyosaki Insists Depression Is Coming – Predicts ‘Gold, Silver, Bitcoin, Real Estate Will Crash Too’

The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready to buy all four types of investments after the crash. Robert Kiyosaki Predicts a Crash Is Coming Robert Kiyosaki, the author of Rich Dad Poor Dad, has once again warned of an impending crash, followed by a depression. He expects several markets, including bitcoin, to crash. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki tweeted Thursday that the Federal Reserve and President Joe Biden are “pushing fake inflation,” adding: Crash and depression coming. Gold, silver, bitcoin, real estate will crash too. Ready to buy more gold, silver, bitcoin, real estate...
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Institutional Investors Expect Major Correction in Crypto Market Next Year

Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis Investment Managers shows. Despite seeing crypto as the top contender for a major correction, institutional investors are increasingly warming up to the asset class. Institutional Investors See Crypto as Top Contender for Major Correction Natixis Investment Managers published the results of a global institutional investor survey Wednesday. The company polled 500 institutional investors who collectively manage $13.2 trillion in assets for public and private pensions, insurance, foundations, endowments, and sovereign wealth funds worldwide. Nearly 100 institutional investors in the U.S. who manage $1.3 trillion in assets were included. Institutional investors were asked about which markets will see a major correction next year. While “institutions see the potential for corrections in a range of asset classes and sectors,” the survey findings state: Th...
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Vitalik Buterin outlines path to ETH 2.0, Visa launches crypto advisory, Biden’s anti-crypto nominee for Comptroller withdraws: Hodler’s Digest, Dec. 5-11

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Vitalik Buterin outlines endgame roadmap for ETH 2.0 With the long-awaited transition to Eth2 coming closer to fruition, Ethereum co-founder Vitalik Buterin outlined an Endgame roadmap on Monday to finally achieve the landmark upgrade. While Buterin did not address the centralization issue with block production as the network works towards scalability, the 27-year-old essentially solved everything else to do with block validation. He suggested the idea of implementing a second tier of staking, with low resource requirements to carry out distributed block validation; introducing either fraud proofs or ZK-SNARKS to let users directly (and cheaply) check block validity; and introducing data availability ...
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From NFTs to CBDCs, crypto must tackle compliance before regulators do

Crypto industry leaders need to self-regulate before inadequate public officials decide to take on the task themselves. Each year that we get a little further away from Satoshi Nakomoto’s whitepaper, crypto becomes more popular than ever, breaking more barriers — not just in sheer enthusiasm, but in mainstream acceptance. From nonfungible tokens (NFTs) to the Metaverse, 2021 was the year of crypto, even following a decade where just about every other year could make the same claim. Despite that peak enthusiasm and excitement though, we shouldn’t be blind to the fact that there are still fundamental issues that must be solved before crypto truly becomes the dominant “coin of the realm” across the globe, along with the backbone of the next industrial revolution. Prime among these issues are Anti-Money Laundering (AML), Know Your Customer (KYC) and Combating the Financing of Terrorism (CFT) protections that ensure crypto remains a responsible and stable payments option without overregu...
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Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees

The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests creating a department in Florida to accept state fees in cryptocurrencies. Florida Governor’s Freedom First Budget Includes Crypto The Republican governor of Florida, Ron DeSantis seems to be keen on allowing businesses in Florida to pay for state fees in crypto assets. Florida is becoming well known for its politicians who are positive about the digital currency economy as Miami Mayor Francis Suarez has been very vocal about supporting bitcoin. Suarez gets a portion of his salary in BTC and recently announced he plans to take a fraction of his 401k retirement plan and convert it into bitcoin. A report published by Fortune says DeSantis has explained in recent times that he wants the Florida state government to be...
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E-Commerce Giant Amazon Backs Wax Blockchain-Based Fractional Trading Card Market Dibbs: Report

According to reports, the e-commerce giant Amazon has recently invested in a fractional sports trading card marketplace called Dibbs. The platform, built on top of the Wax blockchain, allows users to purchase and sell fractions of collectible trading cards. Reports further add that the financial terms of Amazon’s backing of Dibbs have not been disclosed. Reports Disclose Amazon Has Entered the Digital Collectibles Space Non-fungible token (NFT) assets and digital collectibles have been gathering a lot of steam in 2021 and it seems that everyone wants a piece of the billion-dollar industry. Just recently reports disclosed that the online marketplace Amazon has invested in the trading-card platform Dibbs . “We’re thrilled to announce that Amazon entered the collectibles space by investing in [Dibbs.io],” the official Wax blockchain Twitter account tweeted on December 8. “[Dibbs] is a real-time fractional card market using Wax vIRL NFT technology.” Dibbs was founded in 2020, and the...
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