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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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Crypto Tax Compliance Startup Taxbit Raises $100 Million, Targets International Expansion

U.S. crypto tax compliance startup Taxbit has raised $100 million in a Series A funding round led by investment firms Paradigm and Tiger Global. Paypal Ventures, Coinbase Ventures, and others including Bill Ackman, Ryan Smith, and Anthony Pompliano also joined the round. Taxbit chief executive officer Austin Woodward said the funds will be invested in the company’s enterprise tools as well as used to expand into Europe this year, with the U.K. as the first port of call. “One of the greatest financial innovations and disruptions of the last century, cryptocurrency, should not be weighed down by the complexities of tax and accounting,” Woodward said in a March 3 blog post . “Our products are removing some of the largest roadblocks of this emerging asset class. With the support of Paradigm, Tiger Global … we are excited to continue to scale world-class tax and accounting products so that cryptocurrency can continue to thrive among enterprises, consumers, and governments,” he added. F...
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Blockchain Association meeting with key Biden staff about regulations

The crypto advocacy group is going on a charm offensive and meeting with top representatives of the Biden administration. U.S.-based crypto advocacy group, the Blockchain Association, is lobbying key figures in the Biden administration to advocate for more favorable regulations. The Association’s executive director, Kristin Smith, told Fox Business the group has already met with or is in the process of scheduling meetings with high-ranking Whitehouse officials including Treasury Secretary Janet Yellen, Deputy Secretary nominee and former BlackRock executive Wally Adeyemo, along with representatives of the Treasury Department. Citing reported comments from Yellen about how the primary utility of cryptocurrency is “illicit financing,” Smith said the association’s key aim was to assist the Treasury chief to “understand the value of crypto networks:” Our number one priority is helping Yellen understand crypto goes beyond the financing of criminal enterprises.” Yellen has been critic...
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The Many Facts Pointing to Cypherpunk Len Sassaman Being Satoshi Nakamoto

Satoshi Nakamoto, the creator of Bitcoin, has always been a mysterious character and a great number of sleuths have made it their mission to discover the inventor’s identity. One particular theory was published this month which attempts to tether the well known and now deceased, Len Sassaman to the creation of the first cryptocurrency. Moreover, coincidently two months before Sassaman passed away, Satoshi Nakamoto left the community saying; “I’ve moved on to other things and probably won’t be around in the future.” Len Sassaman, Anonymous Remailers, and Bitcoin’s Creator During the last decade, many detectives and journalists have tried to uncover the secret behind Satoshi Nakamoto’s identity. News.Bitcoin.com has published a total of 11 articles tied to our “Many Facts” Satoshi series . The last three “Many Facts” Satoshi series suspects were Chainlink’s Sergey Nazarov , the famed American economist and mathematician John Nash , and the 48-year old former programmer and criminal c...
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Huobi Global welcomes Vincent Lau as new managing director

Vincent Lau, formerly of Bitfinex and OKEx, has joined Huobi Global as its new managing director. Huobi Global, one of the largest cryptocurrency exchanges by trade volume, has announced the appointment of blockchain industry veteran, Vincent Lau, as the company’s new managing director. Lau previously worked as an executive at major crypto exchanges Bitfinex and OKEx, and has worked for global corporations outside of the blockchain sector including e-commerce marketplace Groupon and marketing firm Iclick Interactive. With Huobi Global, Lau will be tasked with overseeing the firm’s international expansion, strategic development, and localized operations. Huobi hopes to expand in key markets across Southeast Asia , the Middle East, Africa, and the European Union, according to an announcement. The new managing director will also oversee Huobi’s push into DeFi and will head up overseas development for the firm’s smart contract platform, Huobi ECO Chain, as well as working to promote t...
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Bison Trails launches staking and node services for Cosmos

Blockchain infrastructure service platform Bison Trails has launched support for running full nodes and staking on Cosmos. Blockchain infrastructure firm BisonTrails has launched support for the Cosmos ecosystem, allowing its clients to stake and run nodes for blockchain ecosystem Cosmos. BIson Trails offers services to simplify the process of participating in blockchains, such as staking and running full nodes. The firm’s customers include custodians, exchanges, and funds, with Bison also helping Web 3.0 applications connect to blockchain data. The firm partnered with Coinbase in January to offer services under the U.S. exchange's umbrella. Bison’s customers can now use the firm’s infrastructure to stake and delegate their tokens using “participation clusters,” earning transaction fees and rewards while securing the Cosmos network. Bison’s participation clusters feature two components to enhance security — validator nodes that are hosted in a private network, and “sentry node...
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Jim Rogers Regrets Not Buying Bitcoin but Warns Governments May Outlaw Cryptocurrencies

Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, now regrets not buying bitcoin. However, he is still worried that governments can outlaw bitcoin if it becomes a viable currency. Jim Rogers’ Bitcoin Regret Jim Rogers said in an interview with Real Vision this week that he wished he had bought bitcoin years ago. Rogers is George Soros’ former business partner and the co-founder of the Quantum Fund and Soros Fund Management. He believes that bonds are in a bubble and expects the prices of gold and silver to skyrocket. As for bitcoin, he said: I wish I had bought bitcoin. I will point out that many cryptocurrencies have already disappeared and gone to zero. We all hear about bitcoin. We don’t hear about the dozens that don’t exist anymore. The price of bitcoin has surged about 54% this year, 612% since the beginning of last year, and 1,152% since the start of 2019. Surpassing previous all-time highs multiple times this year, the...
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Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR's

Goldman Sachs' Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks. A former equities CIO of Goldman Sachs drew an strong  response on Twitter after suggesting Tesla should sell its Bitcoin and buy back company shares. The price of TSLA shares have fallen 28% from $863.42 to $621.44, since news broke on Feb. 8 that Tesla had made a $1.5 billion BTC acquisition. MicroStrategy’s shares have fared even worse in the short term. The company, which is headed by Bitcoin bull Michael Saylor and just completed its latest acquisition of $15 million in BTC on Mar. 3, is now down 50% from its all-time high of $1,315 from Feb. 9. Tesla’s share market woes are likely due to a number of factors. In early February, it was reported that Tesla had been reprimanded by the Chinese government over quality control issues after receiving consumer complaints. The broader stock market ...
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