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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...

Argentinean Tax Body Asks Domestic Cryptocurrency Exchanges to Report Monthly Transactions and Wallet Balances

The local tax authority could soon hunt tax evaders who trade cryptocurrencies in Argentina following a notice sent to domestic crypto exchanges. The Federal Administration of Public Revenue (AFIP) ordered them to report all virtual currency-related transactions every month. Payment Gateways Are Also Subject to the Ruling According to Bae Negocios , the watchdog issued a “Form 8126” and forwarded it to every single digital asset exchange operating in the country to comply with the new ruling. Companies will have until the 15th of the month following the month reported to fill out the form. The report states that exchanges should report “the list of accounts with which they identify each of the clients; registrations, cancellations, and modifications that occur; total amounts of income, expenses and final monthly balance” of the wallets. Interestingly, Mercado Pago, a domestic payment gateway that users can use to buy cryptos such as bitcoin ( BTC ) via peer-to-peer (P2P) platforms...

New Australian Islamic finance DeFi platform is ‘guided by Sharia’

Islamic finance is not always compatible with DeFi's focus on risk and yield. A new platform aims to blend the best of both. A team based out of Sydney, Australia is building what it claims is the world’s first “Shariah-guided” decentralized finance platform to navigate a course between the advantages of DeFi and the beliefs of Islamic finance. The Marhaba Decentralized Financial Platform — Marhaba translates to “welcome” in Arabic — is expected to launch in the coming months and seeks to offer the Islamic world a DeFi platform informed by the core tenets of Shariah. Speaking to Cointelegraph, Blockchain Australia Solutions CIO and Marhaba’s CEO and founder, Naquib Mohammed, emphasized a core tenet of Shariah-based finance is ensuring that “both the financial body providing a service and the client must win in the financial transaction.” “We are building a platform that aims at the inclusivity of the community and a trusted place where faith-conscious Muslims can be onboarded ...

DOGE surges as Elon Musk says he’s working with devs to ‘improve efficiency’

Musk’s latest tweet resulted in a 26% surge in the price of DOGE, while Coinbase is set to list the coin in six to eight weeks. Elon Musk’s latest foray into crypto markets came a few hours ago when he  tweeted  he is working with the DOGE developers to improve the cryptocurrency’s efficiency “Working with Doge devs to improve system transaction efficiency. Potentially promising.” According to Coingecko , the price climbed 26% from $0.38 this morning to $0.48 at the time of writing. The tweet’s reference to “efficiency” seemed to lend weight to the idea Tesla may add DOGE as a form of payment, after the CEO noted yesterday the firm is looking at greener cryptocurrencies that use less than 1% of Bitcoin’s energy per transaction. DOGE/USDT: Coingecko TradingView responded to Musk’s tweet by noting Dogecoin’s market cap had ballooned $10 billion in the immediate aftermath. Dogecoin's market cap was sitting at roughly $49 billion at 6am this morning, and has since incre...

Convenience Powered by Security: A New Browser Wallet Connects dApps to Free TON

A highly scalable, decentralized blockchain platform gets a convenient browser wallet to facilitate dApps development. Crystal Wallet Metamask. Anyone who has worked with Ethereum for more than a week is familiar with this browser wallet. It lets countless decentralized applications (dApps) connect to Ethereum, send transactions, and interact with smart contracts. Metamask has become an industry standard and benchmark for users, who expect at least the same convenience from any new retail blockchain. It is with that level of convenience in mind that the Broxus team, developer of the bridge between Free TON and Ethereum networks and one of Free TON’s core validators and maintainers, has created a new, thorough browser wallet. Having deep expertise in the development of dApps for Free TON, Bitcoin, and Ethereum, Broxus has remastered its Crystal Wallet, a fork of the original Gram Wallet created by the Telegram team. The new wallet has retained the name of Crystal Wallet, warmly ...

GoodFi coalition adds 22 industry leaders to help attract 100M to DeFi

The decentralized finance coalition has onboarded 22 leaders from 19 teams to help further its mission of bringing 100 million people into DeFi by 2025. Non-profit decentralized finance alliance, GoodFi, has announced the addition of 22 DeFi industry leaders to its newly formed Board of Advisors including representatives from many of the sector’s top projects. It’s also launched a website to hook new users up with appropriate DeFi protocols. Announced May 13, the advisory board features Chainlink account executive, Michael Zacharski, SushiSwap core developer, Omakase, and Aave digital marketing manager, Isa Kivlighan. In total, 19 leading teams building in DeFi from across the globe are represented, including Ava Labs, Acala Network, and Maple Finance. The Board of Advisors is expected to pool knowledge and experience to reduce the barriers to enter the crypto and DeFi sectors. GoodFi has also launched a website offering in-depth resources to first-time users regarding the value ...

Big Time Studios Aims to Bring NFTs to the Masses, Set to Raise $21 Million in Funding

The Los Angeles-based company Big Time Studios has announced the company is set to raise $21 million in two funding rounds backed by a number of investors. The company’s founder Ari Meilich was the CEO and co-creator of the Ethereum metaverse Decentraland. Big Time Studios aims to bring non-fungible token (NFT) assets to the billion-dollar gaming industry. Multiplayer NFT Game Maker Big Time Studios to Raise $21M in Funding A Decentraland founder who started the firm Big Time Studios wants to bring NFT solutions to the popular gaming universe. This week, Ari Meilich’s company revealed it is set to raise $21 million in funding in two parts. Investors that participated in an initial $10.3 million round include FBG Capital, Alameda Research, Sound Ventures, Circle Financial, North Island Ventures, and Digital Currency Group. The NFT economy has exploded and members of the Big Time Studios team stem from major gaming firms like Blizzard, Epic Games, Riot Games, and Electronic Arts. I...

Microsoft quietly closing down Azure blockchain in September

Microsoft is closing its Azure Blockchain Service, giving existing customers just four months to transition to new service providers. Microsoft is turning off its corporate Azure Blockchain Service on September 10 and will not accept any new deployments effective immediately, with no official explanation provided. Large corporate customers who use Azure Blockchain include J.P. Morgan, GE Aviation, Singapore Airlines, Starbucks, and Xbox according to its website . The announcement was made in a low key post on the Microsoft documentation site on Monday, informing all current customers to migrate to alternate services. ConsenSys Quorum Blockchain Service was the only suggestion and ConsenSys founder and CEO Joseph Lubin welcomed the Azure refugees: “Expanding our relationship with Microsoft helps organizations take advantage of ConsenSys Quorum and Quorum customer support to offer users an enterprise-grade managed blockchain service that can be effortlessly set-up and deployed.” ...