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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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UK FCA buys another 9 months to review crypto companies’ registrations

The Temporary Registrations Regime's end date for crypto companies has been pushed to March 2022. The United Kingdom’s Financial Conduct Authority (FCA) has extended the end date of crypto-asset companies’ temporary registration from July 2021 to March 2022. The Temporary Registrations Regime, or TRR, was established last year to enable crypto businesses to continue trading while their registrations were still being assessed by the FCA. With the latest announcement , any crypto companies that applied before Dec. 16, 2020 have temporary registration until March 31, 2022. After becoming the supervisor of Anti-Money Laundering and Counter-Terrorist Financing measures for crypto companies in the United Kingdom, the FCA obliged all crypto-asset businesses to comply with the country’s AML regulations. The initial deadline for the registration was Jan. 10, 2021. But since the COVID-19 pandemic made site visits difficult, along with the “the complexity and standard of the application...
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Apple co-founder Steve Wozniak loses Bitcoin scam case against YouTube

After filing a Bitcoin scam-related lawsuit against YouTube last year, Steve Wozniak now has 30 days to revise his complaint. A recent court ruling said that video hosting giant YouTube is not responsible for cryptocurrency-related scams posted on its platform. Apple co-founder Steve Wozniak failed to support his lawsuit against YouTube over an advert using his image to promote a fake Bitcoin ( BTC ) giveaway, Bloomberg reports . Santa Clara County Superior Court Judge Sunil Kulkarnia said in a tentative ruling Wednesday that YouTube and its parent firm Google are protected by Section 230 of the Communications Decency Act — a federal law shielding internet platforms from responsibility for content posted by users. Wozniak sued YouTube in July last year over a typical bogus crypto giveaway that stated that anyone who sends cryptocurrency to a certain address will receive more cryptocurrency in return. The Apple co-founder argued that YouTube not only failed to remove the fraudulen...
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Daymak to Launch Crypto Mining Vehicle by 2023

Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the car for 60 days, claims to have managed to get more than 350 million dollars in pre-orders. Daymak to Launch Crypto Mining Electric Car Daymak, a Toronto-based electric car company, has announced the launch of its new product, the Daymak Spiritus, a car that will feature cryptocurrency mining. According to its press release, the Daymak Spiritus will be able to mine “from Dogecoin to Bitcoin while it’s parked.” The Spiritus will include a GPU onboard that will let its users direct their mining power to harvest any cryptocurrency. While it states it will feature bitcoin mining, there is no mention of ASIC hardware anywhere in the statement. Apart from its cryptocurrency mining features, the Day...
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South African Crypto Exchanges Confirm Receiving Request for Client Data From Tax Collection Body

Three leading cryptocurrency exchanges from South Africa recently confirmed receiving a request for client data from the country’s revenue collector. In a joint statement, the exchanges, (namely Altcointrader, Luno, and Valr) said this request, which targets a “selection of customers”, has been made “in terms of section 46 of the (South African) Tax Administration Act.” Data Needed for Future Action Explaining the tax collector’s move to access crypto traders’ personal information, the statement says the South African Revenue Service (SARS) wants this information “as part of a tax risk assessment exercise on residents involved in “the mining, speculation and/or investment in crypto-assets.” For its part, the revenue collector says the collected data “will inform the need for future action with respect to crypto-assets.” However, according to a report , one of the approached exchanges, Valr, has since expressed its concerns with the tax collector. Its co-founder and CEO, Farzam Ehsa...
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New DeFi ‘passport’ could enable under-collateralized crypto loans

Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products. Decentralized finance (DeFi) protocol Arcx has announced the launch of Sapphire v3, a DeFi passport allowing crypto users to pseudonymously build and verify their reputation on-chain. Announced June 2, the DeFi passport will score users on a scale between 0 and 1,000, with Arcx advancing that the passport “incentivizes reputation-building and curates on-chain identity into DeFi.” In the absence of a DeFi passport, Arcx asserts that “protocols are left to treat every user the same, occasionally giving preferential consideration to wallet size, institutional backing, or restrictive KYC.” Arcx expects its passport will be integrated onto many DeFi protocols, predicting Sapphire will allow projects to offer “low-collateral loans and high-yield farms” targeting users with high credit scores. As such, Arcx’s passport could fa...
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Norton360 antivirus tool will allow its 13 million customers to mine Ethereum

You can now mine Ethereum using Norton’s cybersecurity software. Cybersecurity firm, NortonLifeLock, has launched Norton Crypto, a tool allowing consumers to “safely” mine cryptocurrency through its Norton 360 product. From June 3, select 360 users will be invited to join Norton’s early adopter program for Ethereum mining . Norton also plans to open up the mining service to all of its nearly 13 million 360 customers in the coming months. Norton emphasized that its service allows users to mine without requiring they switch off their antivirus software. Speaking to CNN Business, Norton noted it plans to support mining of other “top cryptos that allow our members to get the highest reward for their computing capacity” moving forward, stating: “While the company will start slow, with a focus on helping customers safely mine Ethereum, NortonLifeLock is considering adding reputable crypto currencies in the future.” NortonLifeLock chief product officer, Vincent Pilette expressed pride i...
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SmartKey and Orange Revolutionize the Blockchain of Things

As technology moves forward, you use more and more innovations to facilitate your daily activities. The cooperation of the largest Polish telecommunications operator with the innovative BoT (Blockchain of Things) provider improves the standard of your daily life. With the use of technology provided by SmartKey, Orange’s Live Objects platform puts an end to all the problems that arise when using your devices. ORANGE POLSKA is the largest telecommunications operator in Poland, serving 14.36 million customers, and a leader of M2M. The company plays a huge role in digitalization of the country by implementation of innovative technologies on a national scale. Now, thanks to SmartKey, the Orange Live Objects leads in integrating the cities of the future in the BIoT (Blockchain IoT) model. The platform covers the core functions of the IoT (Internet of Things) project and lets you manage connected devices with the use of decentralized applications (dApps) blockchain. IoT solutions in over...
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