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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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Nifty News: Sophia the Robot sells $1M worth, Cardano to clone NFT platforms, and more

Sophia the Robot has generated more than $1 million in NFT sales, Bhad Bhabie is dropping NFTs to help the “troubled teen industry”, Cardano trying to convince top NFT platforms to port over. If creative self-doubt and competition between humans in the art world weren’t already hard enough, artists now face the prospect of battling it out on Nifty Gateway with artistic robots . Sophia, the world-famous humanoid robot developed by Hong Kong-based Hanson Robotics, has generated more than $1 million in sales from her debut NFT drop on Nifty Gateway. The “Andrea Bonaceto and Sophia the Robot drop” was launched in collaboration with contemporary artist Andrea Bonaceto. The drop included tokenized portrait GIFs that morphed from artist Andre Bonaceto’s paintings into Sophia’s artworks. The portraits depicted figures involved in her development such as Hanson Robotics founder David Hanson and the AI researcher Ben Goertzel, along with self-portraits of Sophia. I connected into @Crypto88...
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Australian government offers $6M in grants to innovative blockchain teams

The Australian government has made two grants of up to $3 million available to blockchain teams targeting minerals certification and excise taxation solutions. The Australian government has opened applications for grants  up to $3 million each in funding to blockchain projects targeting supply chain tracking in the minerals industry and tax tracking in the food and beverage sector. Applications are open until April 29, with any sole trader, partnership, publicly-funded research organization, or entity incorporated in Australia that possesses an Australian Business Number eligible to apply. The money will be used to fund two distinct pilots. The Food and Beverage Provenance pilot hopes to support a team addressing the complexities associated with spirits producers complying with excise taxation. The Critical Minerals Pilot will support a project seeking to bolster supply chain integrity for the industry, and will also expect contributions to Australia’s National Ethical Certif...
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Tidal to Launch Balancer LBP Following 500x Oversubscribed Polkastarter IDO

PRESS RELEASE. Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity bootstrapping pool on 25th March . The Tidal IDO on Polkastarter was oversubscribed by 500 times garnering massive support from the community. Backed by KR1, Hypersphere Ventures, Spartan Capital, Kenetic Capital, QCP Capital and AU21 Capital, Tidal Finance integrates its decentralized smart cover solutions in various protocols to protect the nascent DeFi industry from malicious threats to fuel DeFi adoption. The Tidal platform allows users to cover multiple protocols at the same time with increased capital efficiency. It also offers competitive insurance premiums to its buyers, thus attracting increased participation from DeFi users. On a Mission to Reinvent the Way Decentralized Insurance Works ...
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Jamaica Plans to Pilot a Central Bank Crypto, CBDC to Work Alongside Notes and Coinage

While a number of countries are working on central bank digital currencies (CBDCs), on Tuesday, the Bank of Jamaica (BoJ) announced it will soon be piloting a CBDC project. The BoJ is working with a firm called Ecurrency Mint Incorporated and plans to pilot the cryptocurrency in May. Jamaican CBDC to Pilot this May Jamaica, the island country situated in the Caribbean Sea has plans to pilot a CBDC this May as it has been working with an “extensive procurement process.” The country’s central bank, the BoJ, has chosen a technology provider to help with the CBDC solution. The startup the bank found dubbed Ecurrency Mint Incorporated stems from the BoJ’s Fintech Regulatory Sandbox. “Ecurrency Mint will also be the provider when the national CBDC roll-out begins in early 2022,” the central bank’s announcement notes. The CBDC pilot will be tested thoroughly in May and all the way until the end of December 2021. According to the central bank’s notice, the CBDC will work alongside paper ...
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Options traders target $80K by May, Skew suggests just 6% chance they're right

Options traders are betting big that BTC will be above $80,000 on April 30, but analytics provider Skew thinks there is a 94% chance their positions will be worthless. With Coinbase’s highly anticipated direct listing IPO expected to take place next month, options traders appear to be betting that Bitcoin will once again soar to new all-time highs in the coming weeks. On March 24, the founders of crypto analytics firm Glassnode tweeted data suggesting that options traders on peer-to-peer crypto derivatives exchange, Deribit, are loading up on contracts set to expire on April 30 with a strike price of $80,000 . Contracts worth a notional value of 4,000 BTC have been purchased targeting the price-point in total, more than any other strike-price by at least 50%. This Friday $6 billion in options contracts are set to expire. #Bitcoin price expectations for April are high with lots of investors placing their new bets on $80k. pic.twitter.com/xRipoAaD1F — Jan & Yann (@Negentropic...
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China and Japan go full steam ahead with CBDC pilots

Asia’s largest economies are pushing forward with their respective CBDC trials, with six Chinese banks offering digital wallets and Japan establishing a new committee. China and Japan are pushing forward with their respective pilots for central bank-issued digital currencies, or CBDCs. On March 26, Bank of Japan announced it had established the Liaison and Coordination Committee on Central Bank Digital Currency to convene with both the private sector on the banks upcoming CBDC proof-of-concept, or PoC, stating: “The Bank, through this committee, will share details of, and provide updates on the PoC with the private sector and the government and will seek consultation on future steps to facilitate smooth implementation of the PoC.” The announcement also noted the bank has been preparing to conduct a pilot CBDC since October 2020, and will formally commence Phase 1 of its CBDC pilot next month. On March 23, Chinese state media outlet Sina reported that six major government-owne...
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99.98% less power: Lighthouse’s first Ethereum and Eth2 merge transaction

It is one of the first steps towards Phase 1.5 that will ‘dock’ Eth1 with Eth2. Blockchain security provider Sigma Prime has announced its first merge transaction between the two Ethereum networks. The transaction was made by its Lighthouse client using only Proof of Stake validators, it stated in a March 25 tweet . It added that this was a step towards a 99.98% drop in Ethereum energy consumption, deriving that figure from calculations that compare the current Proof of Work Eth1 with the much more efficient Proof of Stake Eth2. Sigma Prime stated that it is an exciting achievement but still far from production as it is still a prototype with much more work to do, adding: “Primarily, you should take this is a signal that Eth1 and Eth2 developers are actively working together on the merge.” This is not the first time such a feat has been managed, with Sigma Prime pointing out that in August last year the Teku Ethereum client had also demoed a prototype capable of performing any...
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