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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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ConsenSys acquires MyCrypto to 'improve the security' of its products

MyCrypto and MetaMask will be combining technology and teams to build the ideal wallet. The terms of the deal were not disclosed.

ConsenSys announced Tuesday that it had acquired MyCrypto, the Ethereum wallet interface provider, adding it to the software company's product suite. Its intent is to merge MyCrypto with the ConsenSys-owned MetaMask wallet, to "improve the security of all the products and create a cohesive user experience across desktop, mobile, extension and browser wallets."

MetaMask currently has 21 million monthly active users, according to its website, and is one of the fastest-growing non-custodial Ethereum wallets and browser extensions. MetaMask co-founder Dan Finlay said that he expects that the combination between MetaMask's mobile apps and browser extensions and MyCrypto's web product and desktop application will "connect people to the world of Web3 in even more ways."

Related: MetaMask’s new inbuilt multichain institutional custody feature

Similarly, MyCrypto explained in a blog post how it will be working together with MetaMask "to lead the way to Web3" and that they have a shared goal to "build the perfect wallet." The characteristics of an ideal wallet include becoming increasingly decentralized and trustless, prioritizing user security and safety and providing seamless access across various user accounts, protocols and networks.

MyCrypto clarified that the user experience will not be changing in the short term, apart from small updates like UX improvements, network handling, error messages and a dark mode. Neither is any action needed from MyCrypto or MetaMask users at this time. In the long-term, however, both wallets will reportedly "slowly" merge into a "comprehensive, Ethereum-first suite of open-source, non-custodial product offerings.

According to ConsenSys, MetaMask co-founders Dan Finlay and Aaron Davis, alongside MyCrypto founder Taylor Monahan, will lead the new desktop, mobile, extension and browser product team, while MyCrypto’s 12 employees will join ConsenSys.

ConsenSys reached a valuation of $3.2 billion after raising $200 million in November 2021.

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