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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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Ethereum Classic Rose 220% This Week, but Why?

Ethereum Classic, a seemingly forgotten cryptocurrency, reached the attention of many this week when its price skyrocketed out of the blue, but there might be some reasons behind it. Also, Bitcoin Cash and other Bitcoin-based forks enjoyed a healthy week in the green, alongside Dogecoin, whose price boosted on the news of Elon Musk appearing on SNL, the famous comedy sitcom, on May 8th. Ethereum Classic Soared This Week Ethereum Classic, the sibling fork of Ethereum, enjoyed a price revival this week when its price soared more than 200% to become the cryptocurrency that led the way of the bull market. Ethereum classic (ETC) started the week with a price of $36, and slowly crawled its way up to $160 on Thursday, to then experience a correction that took it to $118 at the time of writing this article. But what were the reasons that led to it? Ethereum Classic has not been the trustiest cryptocurrency out there. Just during the last year, it suffered several 51% attacks that compro...
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What are the chances BTC is actually overtaken by another crypto?

Will innovative advances in competing altcoins’ blockchains be enough to overtake Bitcoin’s success? When the famous Satoshi Nakamoto first designed his masterpiece, few could possibly have imagined the almost $63,500 peak that sent investors into a frenzy. Even these days, the first-ever cryptocurrency’s price feels hard to believe at times and investors might be pinching themselves every now and then. Taking a seat alongside Bitcoin ( BTC ) on the roller coaster, altcoins like Litecoin ( LTC ), Ether ( ETH ) and Bitcoin Cash ( BCH ) joined the ride — and, more recently, DeFi giants Polkadot and Cardano. But for the long haul, looking into the crystal ball, it’s difficult to see the future of a coin shrouded in uncertainty. Ray Dalio raised fair points in his critique of Bitcoin, arguing that uncertainties regarding how governments will react to digital assets supplanting fiat currency in utilization are causes for potential concern down the road. He further argued that the Bitco...
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Wealth Manager Vaneck Files Application for an Ethereum ETF, Aims for Cboe BZX Listing

Public documents show the wealth manager Vaneck has applied for an ethereum based exchange-traded fund (ETF). Vaneck Digital Assets’ Form S-1 filing with the Securities and Exchange Commission (SEC) was filed on May 7, while the company’s bitcoin-based ETF is still under review. While Waiting for Approval for Its Bitcoin ETF, Vaneck Files With the SEC for an Ethereum Fund The ETF and mutual fund manager Vaneck and its digital assets management subsidiary have filed with the SEC on Friday for an ethereum-based ETF. The filing mentions the ETF will be called the “Vaneck Ethereum Trust,” and the company hopes to list shares on the Cboe BZX Exchange. So far in the United States, the SEC has yet to approve a bitcoin-based ETF filing, but there’s been a flurry of applications in 2021 with Vaneck’s bitcoin ETF included. Cboe is also mentioned as the listing exchange for Vaneck’s BTC application. The trust will hold ethereum ( ETH ) as share value will be based on the MVIS Cryptocompare ...
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South Korean Police Officers Banned From Buying Cryptocurrency

A recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. South Korea to Penalize National Police Agency Officers Who Fail to Disclose Crypto Holdings Officers with certain investigative and inspective responsibilities have been prohibited from buying additional cryptocurrency. Reporting on the Friday announcement suggests that Korean National Police Agency ( KNPA ) officers will be obliged to make additional disclosures on any held digital assets. The country’s main law enforcement agency stressed penalties for non-compliance, without any indication to their severity. Domestic sources suggest the move aims to introduce additional transparency to sensitive KNPA departments, after a last-month announcement from the South Korean government that it would crackdow...
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Alt season rush: Ethereum and DeFi get in shape for another hot summer

Alt season is here? ETH, DOGE and other altcoins rally to new highs as DeFi and Ethereum’s London hard fork promise further growth. Altcoins like Ether ( ETH ), Dogecoin ( DOGE ) and Ethereum Classic ( ETC ) are spearheading a new alt season that seems to have taken off with a bang. Since a rising tide usually lifts all boats, there are several other cryptocurrencies that are benefiting from this growing interest in altcoins. Ether, however, may be the one generating the waves. The price of ETH, the flagship altcoin, increased more than 65% over 30 days to finally break through the $3,500 barrier on May 6. This takes the yearly gains for the token to over 1,500%, as it was trading in the $215 range this time last year. The price surge led its market capitalization to go beyond $400 billion for the first time. Cointelegraph asked Joshua Frank , CEO of The TIE, about the social media trends around Ether and what the cryptocurrency’s gains mean for altcoins. He answered: “Many investo...
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Binance Reaches Twitter Trending Topic Status in Venezuela

Binance, one of the largest cryptocurrency exchanges worldwide, has reached a trending topic status in the Twitter social network sphere in Venezuela. The trend before the weekend, shows just how important cryptocurrency topics are for the citizens of the country at the moment. Cryptocurrencies are extremely useful tools for Venezuelans to save their purchasing power and Binance is currently the most popular exchange in the country due to its robust peer-to-peer market. Interest in the company and its services has been peaking in the country. Binance Becomes Trending Topic in Venezuela To the surprise of many, Binance became a trending topic in Venezuela this Friday, with more than 200k tweets directed to several topics including the use of this popular exchange and its services in the country. While most of the tweets praised the exchange and the plethora of options it offers to its customers to manage cryptocurrencies, there was also confusion for some users related to how this s...
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Blockchain tech has a solution to secure your email

Email built on top of a blockchain platform might provide more communications security than centralized alternatives. The global COVID-19 pandemic has definitely created a clear delineation of remote work: The reliability of a company lies in its email service provider for all forms of communication. Let’s start with the origin of email. Email has been around for more than 50 years and is a formal channel of communication across the world. With more than 3 billion users, it is the most widely used and instantaneous form of communication. The first example of email can be found on computers at MIT in a program called “MAILBOX,” dating all the way back to the 1960s. However, it was only in 1971 that Ray Tomlinson invented and developed electronic mail, as we know it today, by creating ARPANET’s networked email system. Email as a channel of communication is not truly secure It’s estimated that people all over the world send around 320 billion emails every single day. Back in 2019...
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