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Showing posts from January 15, 2022

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...

22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea

Ghozali spent five years clicking selfies in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021. An Indonesian college student has reportedly become a millionaire by selling nonfungible token (NFT) versions of his selfies on the OpenSea NFT marketplace. Sultan Gustaf Al Ghozali, a 22-year-old computer science student from Semarang, Indonesia, converted and sold nearly 1,000 selfie images as NFTs. According to Ghozali, he took photos of himself for five years — between the ages of 18 and 22 — as a way to look back on his graduation journey. Uploading my photo into nft lol https://t.co/E3Q4sBmN26 #NFT #opensea pic.twitter.com/rD51rdcpzp — Ghozali_Ghozalu (@Ghozali_Ghozalu) January 10, 2022 Ghozali selfies were taken sitting or standing in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021. The artist set the price for each NFT selfie at $3 without expecting interest from serious ...

Vitalik Buterin Asks Twitter Followers Which Crypto They Prefer to Overtake Ethereum — Cardano, Tron Favorites

Ethereum co-founder Vitalik Buterin set up a pair of polls on Twitter asking his followers if 80% of all transactions and savings in the year 2035 are in one currency and it is not ether, which currency they would prefer it to be. He asked them to choose from a number of cryptocurrencies including bitcoin, cardano, solana, tron, and Binance coin. Vitalik Buterin’s Cryptocurrency Twitter Polls Ethereum co-founder Vitalik Buterin set up a pair of polls on Twitter Thursday for the Ethereum community. “You wake up in 2035 and 80% of all transactions and savings in the world are in one currency that is not ETH . Which would you prefer it to be?” He wrote. In his first tweet, Buterin asked his followers to choose from BTC , USD, SOL, and ADA . The second tweet lets them choose from TRON, BNB , CNY, and NEO . After 24 hours, the first poll ended with 600,697 votes and the second with 358,743 votes. Cardano ( ADA ) tops the results of the first poll, followed by bitcoin ( BTC ) and solana ...

Bank of America Says Solana Could Take Market Share From Ethereum, Become the Visa of the Crypto Ecosystem

Bank of America’s analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects “Solana could become the Visa of the digital asset ecosystem.” Bank of America on Crypto, Ethereum, and Solana Bank of America (BOFA) analyst Alkesh Shah published a research note on cryptocurrency this week arguing that Solana could take market share away from Ethereum. The Bank of America analyst described that Solana “produces a blockchain optimized for consumer use cases by prioritizing scalability, low transaction fees and ease of use,” citing Solana Foundation member Lily Liu. Its ease of use and low cost make the crypto optimized for micropayments, gaming, and non-fungible token (NFTs). With more than 50 billion transactions settled since its March 2020 launch, and $10 billion in total value locked, Shah said: Solana could become the Visa of the digital asset ecosystem. Solan...

Meme Coin Markets Gain Close to 5% in 24 Hours, Dogecoin’s Value Jumps, 3 Meme Tokens See Triple Digit Gains

The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit spikes over the last week. Tesla Acceptance Pushes Dogecoin Up 20% This Week, Shiba Inu Gains Over 7% After the electric car company, Tesla announced the firm would be accepting dogecoin (DOGE) payments, the meme crypto spiked in value almost immediately. At the time of writing, metrics show that DOGE has gained 20.3% over the last week. Data shows DOGE has seen a 24-hour price range of around $0.182 to $0.192 per unit on January 15. DOGE has an overall market valuation of around $24.8 billion and that represents 1.13% of the $2.20 trillion crypto economy. The second-largest meme crypto token shiba inu (SHIB) has not had a great week, compared to DOGE . Despite this, seven-day metrics show...

Binance CEO’s net worth hits $96B, Jack Dorsey launches BTC defense fund, Bill Miller apes into Bitcoin: Hodler’s Digest, Jan. 9-15

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 Binance CEO CZ is the richest crypto billionaire at $96B: Bloomberg Bloomberg has estimated Binance CEO Changpeng Zhao also known as CZ to be the 11th-richest person in the world at a net worth of around $96 billion, making him the wealthiest billionaire in crypto. However, Bloombergs tabulation excluded CZs personal holdings of crypto assets such as Bitcoin and Binance Coin, suggesting that the $96 billion could become much larger in the future. To make the list of the top 10 richest people, CZ will need to look under his sofa and find a spare $11 billion to surpass Oracle co-founder Larry Ellison. Topping the list is South African bad boy and Tesla co-founder Elon Musk, who has accumulated $263 bill...

Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members

Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB Hits Cybercrime Group Revil On Friday, the Federal Security Service of the Russian Federation (FSB) announced it has conducted raids against Revil in the capital Moscow, St. Petersburg, Leningrad, and Lipetsk regions, together with the Investigative Department of the Ministry of Internal Affairs (MVD). Law enforcement officers searched 25 addresses and detained 14 alleged members of the organized crime group. Funds worth over 426 million rubles ($5.6 million) including cryptocurrency, $600,000 and €500,000, as well as crypto wallets, computer equipment used to commit crimes, and 20 high-end vehicles purch...

Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%

On Saturday, January 15, 2022, the value locked in decentralized finance (defi) protocols across a number of blockchains has increased from $233.95 billion since January 8, to $239.44 billion. Curve’s total value locked (TVL) dominance today is 9.76% with its $23.38 billion TVL. Meanwhile, native assets for the top nine smart contract platforms have seen seven-day gains improving from the week prior’s price slump. Defi TVL Jumps 2.3% Higher This Week Today’s top smart contract platform tokens are up in value against the U.S. dollar according to weekly statistics. The top three tokens, ethereum ( ETH ) jumped 5.1% this past week, binance coin ( BNB ) spiked 11.4%, and solana (SOL) increased 8.7%. Out of the top nine, the biggest gainers like near (NEAR) increased 31.3% and terra (LUNA) jumped 23.5% this week. Polygon (MATIC) made an impressionable 15.5% jump and polkadot (DOT) increased by 10.3% against the U.S. dollar. On January 15, the TVL in defi today is 2.34% higher than it ...