Skip to main content

Posts

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...
Post a Comment
Read more

Mogo Adds 146 ETH to Firm’s Balance Sheet, Plans to Turn 5% of Its Portfolio Into Crypto Assets

On Tuesday, the Nasdaq-listed Canadian company Mogo revealed the firm has purchased 146 ether at an average price of $2,780. The move follows the firm’s corporate investment in bitcoin, as well as offering bitcoin rewards for the company’s mortgage and card clients. The company plans to keep 5% of its balance sheet assets in digital currencies. After Adding Bitcoin to the Balance Sheet, Mogo Stacks Ether The Vancouver-based Mogo (Nasdaq:MOGO), a fintech firm that provides various financial services has announced the corporate purchase of ethereum ( ETH ). The ethereum investment follows the company’s initial bitcoin purchase back in December 2020. Mogo has been interested in blockchain and crypto solutions for a few years now. At the end of March, Mogo mortgage clients were offered bitcoin rewards if they got a mortgage through the company or refinanced an existing property. On May 3, Mogo explained that it obtained 146 ETH for around $2,780 per unit. Both the bitcoin and the...
Post a Comment
Read more

Move over DOGE as Tiger King star launches CAT

Carole Baskin has launched CAT via Ethereum-based open network Rally, and has offered exclusive rewards for holders of the coin. Dogecoin’s status as the top memecoin may be (but almost certainly isn’t) under threat following the news that controversial Tiger King star Carole Baskin has launched her CAT coin. Carole Baskin launches $CAT coin and donors of more than $500 between 4/19 and 5/7/2021 get on $CAT coin free. https://t.co/rDLoJZIfwR pic.twitter.com/vGdCRJ0iZm — Big Cat Rescue (@BigCatRescue) May 4, 2021 In a blog post via Baskin’s non-profit Big Cat Rescue on May 4, she revealed her social token had been launched on Rally, an open network that enables creators to launch their own coins on the Ethereum blockchain . However, she emphasized her coin is not an investment tool, it's actually a terrible pun: "Our new $CAT coin is not a currency for investment, but rather is a purr-ency of our fans to show their love for the cats and to reap the benefits of being...
Post a Comment
Read more

OVR: The Eiffel Tower Non-Fungible Token Has Been Sold for 38 ETH

OVR.ai has sold the Eiffel Tower, putting it for sale as Non Fungible Token on OpenSea for about $106.9K USD. In fact, the auction ended a few days ago, reaching a value of 38.6159 ETH . The Eiffel Tower NFT was a package of 60 OVRLands and it was on sale on Opensea for only a couple of days. The investor (AKA Camembert) who won the auction of Eiffel Tower is already known in the NFT world, as he’s already bought another famous non fungible token, the one of Cristiano Ronaldo sold by Sorare for $290,000. Camembert commented the news: “I am very excited about my new NFT acquisition on OVR. I also recently bought some unique football cards such as Cristiano Ronaldo or Zinedine Zidane but this one is very special : Eiffel Tower is a powerful and distinctive symbol of France. Today it welcomes almost 7 million visitors a year making it the most visited monument in the world. I will allow developers to launch virtual projects on the Eiffel Tower, we could organize digital exhibitio...
Post a Comment
Read more

‘DeFi may lead to a paradigm shift’ says Federal Reserve Bank paper

Ethereum has unleashed a wave of financial innovation. A paper published by the Federal Reserve Bank of St Louis has delved into the expansion of decentralized finance and Ethereum’s role in it. The research, penned by Dr. Fabian Schär and published on May 2, has taken a deep dive into the world of DeFi, hinting that if security concerns and risks can be addressed, it may lead to huge changes in the financial industry. "DeFi uses smart contracts to create protocols that replicate existing financial services in a more open, interoperable, and transparent way," Dr. Fabian Schär wrote, also hailing its efficiency, accessibility, and composability. “DeFi may lead to a paradigm shift in the financial industry and potentially contribute toward a more robust, open, and transparent financial infrastructure.” DeFi growth over the past year has been monumental, with a 700% increase in the total value locked across the ecosystem. At the time of writing, that figure stands at an ...
Post a Comment
Read more

Star Wars Collectibles Go Digital as Collections Embrace NFTs

More than 800 limited edition collectibles, some from shooting scenes, are set to go to auction on the Starcoll NFT marketplace, as a large collector leverages blockchain technology for one of the most storied movie franchises in history. Early Registration Timed for May The 4th (Be With You) In a growing sign of the times, non-fungible tokens (NFT) have become too attractive for even Star Wars collectors to ignore. As one of the more popular memorabilia and toy markets even before the rise of blockchain, the move by Starcoll to capitalize on the promise of blockchain technology for assuring both digital and physical ownership for Star Wars collectibles represents a natural fit. Starcoll , an NFT marketplace and collection, is built on the QAN blockchain to ensure the highest level of security possible. The adoption of this hybrid, quantum-resistant blockchain is intended to address problematic issues that have plagued NFTs, like poor security and the ability of hackers to change...
Post a Comment
Read more

40% intend to use crypto for payments in the next year: Mastercard survey

Millennials are big on crypto with 77% wanting to learn more. A survey by credit card giant Mastercard has revealed that four in ten people plan to use cryptocurrency for payments within the next year. The survey , published on May 4 and titled ‘ Consumer Appetite for Digital Payments Takes Off ’, polled more than 15,500 people across 18 countries. It revealed that millennials are especially engaged in cryptocurrencies, with over two-thirds, or 67%, agreeing they are more open to using cryptocurrency than they were a year ago. Additionally, it reported that 77% of millennials are interested in learning more about cryptocurrency, while 75% agree they would use digital assets if they understood them better. Millennials are classified by the U.S. Census Bureau as people born between 1982 and 2000 which means that their age range in 2021 is between 21 and 39 years old. The move to expand access to cryptocurrencies has already begun — in mid-February Mastercard announced that it woul...
Post a Comment
Read more

Employer Wants Cryptocurrency Back From Employee After Price Soars 700%, Offers to Pay in US Dollars Instead

A company paid an employee for his work done in cryptocurrency. However, after the price of the cryptocurrency skyrocketed 700%, the employer wants the coins back, offering to pay the employee in U.S. dollars instead. Employer Wants Crypto Back After It Rose 700% Marketwatch published a letter to The Moneyist columnist, Quentin Fottrell, Monday from someone asking for advice about crypto payments he received from his employer. The Moneyist is a service that provides answers to all sorts of dilemmas, and Fottrell is the publication’s personal finance editor as well as The Moneyist columnist. The letter was signed “Crypto Confused,” who explained that he did some business development work for a tech startup “on a contract basis.” The company is still trying to generate its first dollar in sales, he noted. “The purpose of the contract was to generate sales and it included a commission component, but the understanding was that I would bill hourly for cold calling and emailing people,...
Post a Comment
Read more