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Showing posts from December 22, 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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2 Cryptocurrency Companies Purchased Ad Slots for 2022’s Super Bowl

On Wednesday, the Singapore-based digital currency exchange Crypto.com told the press that the firm purchased a 2022 Super Bowl advertisement slot. The firm follows the exchange FTX after the trading platform purchased a Super Bowl advertisement slot in October. Crypto.com Tells the Press the Exchange Purchased a Super Bowl LVI Advertisement Purchasing an ad slot for the upcoming 56th Super Bowl is very expensive because the event attracts millions of viewers tuning in to watch the NFL’s championship football game. Recent statistics show that NBC Sports was running low on 30-second advertisement slots and sponsors have agreed to pay as much as $6.5 million for a slot this size. In 2021, metrics indicate that the NFL’s Super Bowl attracted 96.4 million viewers at the time. According to a report from the Wall Street Journal (WSJ), Crypto.com’s chief marketing officer Steven Kalifowitz told the publication that it has acquired an ad slot. Crypto.com CEO Kris Marszalek told the WSJ ...
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ERTHA Sold out on Seedify and Gamefi in Less Than a Minute

December 20, 2021: Seedify and Gamefi are the top gaming launchpads in the blockchain sector. ERTHA is pleased to have launched there and sold out the community pools in 53 and 32 seconds respectively. To back up, ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on Binance Smart Chain. Users can explore and investigate the world by choosing specializations and increasing the strength of your nonfungible token (NFT) and country. ERTHA’s globe consists of 350,000 HEX land plots, represented as NFTs. By owning a HEX land plot , you will earn revenue for every transaction in the native token ERTHA as a landowner. The game is designed to replicate a real-life environment, simulating the actions that people have to perform in order to earn a living. Ertha’s world is a complex and intricately designed playspace ripe for the creation of new governments, economies, and shaky alliances between its player base. Players must balance production, t...
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NFT-collateralized loan platform Arcade raises $15M in funding round

Pantera Capital's Lauren Stephanian said the platform’s collateralization of NFTs could incentivize participation from institutional investors. Arcade, a platform that allows users to utilize nonfungible tokens as loan collateral, has raised $15 million in a Series A funding round with participation from Pantera Capital. In a Wednesday announcement, Arcade said Pantera, Castle Island Ventures, Franklin Templeton Blockchain Fund, Golden Tree Asset Management, Eniac Ventures, Protofund, Probably Nothing Capital, and Lemniscap in addition to angel investors BlockFi CEO Zac Prince and Quantstamp CEO Richard Ma were behind the investment in an effort to connect NFT-collateralized lending with the decentralized finance space. The platform is also coming out of a private release with $3.3 million in total loan volume secured on a total of $10 million in assets. Arcade co-founder Gabe Frank said NFTs account for a significant portion of the ever-growing DeFi market, which is currentl...
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Stratos Jet Charters Reveals Crypto Payment Acceptance for Flights via FTX Pay

The Orlando, Florida-based Stratos Jet Charters Inc. has announced the company has partnered with FTX US and the collaboration will make it so Stratos Jet customers can pay for services with crypto payments via FTX Pay. The CEO of Stratos Jet says the company has been in search of a crypto partner and noted that FTX was an “ideal fit.” Stratos Jet Customers Can Book and Pay for Flights Using Cryptocurrencies On Tuesday, the firm Stratos Jet Charters Inc. revealed the company has inked a deal with the crypto firm FTX US and will allow customers to pay with cryptocurrencies. The firm is a private jet charter broker and it offers a platform called the Stratos Marketplace for desktop and mobile devices. The application lets people book flights with Stratos Jet instantly and with the FTX integration, the company says with “just a few extra clicks, clients can also easily book and pay for their charter flights.” Stratos Jet CEO Joel Thomas explained during the announcement that the com...
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Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund

The exploited nonfungible token project is looking to make things right before the holidays with the help of a compensation fund. On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community's crypto funds through a security breach on Discord.  According to its developers, the hack first occurred with the breach of Grape, a popular solution for verifying users on Solana. Hackers then used the exploit to take over an administrative account, which posted a phishing link in the Monkey Kingdom Discord's announcement channel. Users who followed the link connected their wallets expecting they would receive an NFT but instead were drained of their SOL tokens by the scammer. Announcement on the discord hack pic.twitter.com/1r7svjlZcB — Monkey Kingdom (@MonkeyKingdom_) December 21, 2021 Tragically, the hack took place when users wer...
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Turkish Lira Slump Contributes to Rise in Turkey’s Daily Crypto Trades to Over One Million

The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, a report has said. This surge in trades has been attributed to the depreciating lira which plunged to a new low against the USD on December 20. Lira Plunges Cryptocurrency trades in inflation-stricken Turkey have surged to above one million per day for the first time since March, a Reuters report citing Chainalysis and Kaiko data has said. According to the report , the return to over a million trades per day has come at a time when Turkey’s fiat currency, the lira, has depreciated by almost 40% since September. Prior to the latest surge, cryptocurrency trades in Turkey had previously surpassed the one million per day mark after President Recep Tayyip Erdogan’s unexpected dismissal of the central bank governor on March 22. The dismissal of then-governor Naci Agbal sparked inflation fears among Turks and caused the lira to plunge by ...
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