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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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Ukraine’s Monobank to Allow Customers to Trade Bitcoin

Monobank, a mobile bank operating in Ukraine, has announced new products and services that will allow users to trade cryptocurrencies and stocks. One of the offerings includes a bitcoin card which the online banking platform is going to launch as early as this month. Monobank to Offer Users Bitcoin Card and Crypto Exchange By the end of July, Monobank’s clients will be able to buy and sell cryptocurrency using a new banking card that will support crypto transactions. The news was announced by the company’s cofounder Oleg Gorokhovskyi on Telegram . The Ukrainian mobile bank also plans to introduce an integration with a cryptocurrency exchange which has not been disclosed yet. According to sources quoted by Forklog, Monobank will accomplish the task in partnership with the crypto trading platform Whitebit . Gorokhovskyi further emphasized that the development phase of the project is already completed. At this stage, Monobank is only awaiting approval from the National Bank of Ukra...
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Sygnum Bank Launches ETH 2.0 Staking – Business Unit Head Says ‘Staking Is a Core Element for Portfolios’

The Switzerland-based bank Sygnum revealed on Tuesday that the firm now allows Ethereum 2.0 staking. The FINMA-approved company’s customers can access the Ethereum-based staking services via Sygnum’s banking platform. Sygnum’s Banking Platform Offers Ethereum 2.0 Staking Last November, Sygnum Bank AG revealed that it is partnered with the company Taurus Group , a firm that also works with SEBA bank and other Swiss fintech services. The financial services company also detailed at the time that Sygnum would offer customers crypto staking accounts. The partnership with Taurus also revealed the staking accounts available would leverage the Tezos network, a proof-of-stake (PoS) blockchain. Now Sygnum is allowing customers to stake ethereum (ETH) via the fintech firm’s banking platform. Sygnum considers itself the first FINMA-approved bank to enter into the ETH 2.0 staking space. “Ethereum is the second-largest blockchain protocol, and ethereum staking is a core element for digital a...
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Janice McAfee can't 'accept the suicide story' about John's death

Janice McAfee, the widow of John McAfee, has questioned the "suicide narrative" asserting that there was no mention of a suicide note when she picked up his belongings from jail. Janice McAfee, the widow of anti-virus pioneer John McAfee, says that she can’t “accept the suicide story” relating to the death of her husband until an investigation has been completed. In a July 7 Twitter post , McAfee noted that she is still in shock, as she expressed her disbelief that the 75-year-old would kill himself because of looming extradition to the U.S. to face charges of tax evasion, and the possibility of life in prison. The outspoken crypto proponent was found dead in his jail cell within hours of a Spanish court ordering his extradition to the U.S. on June 23. An official autopsy is being conducted by Spanish authorities, but newspaper El Pais has cited unnamed sources saying preliminary results showed the death was by suicide. McAfee described the mainstream media as a “malig...
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Survey: 40% of institutional crypto investors intend to buy a lot more

More than 80% of institutional investors polled that have already invested in digital assets expect to increase their exposure. A new survey suggests that hedge fund executives, wealth managers, and institutional investors already holding crypto assets intend to increase their holdings. The survey, conducted by London-based crypto fund Nickel Digital Asset Management, revealed that 82% of the 100 investors and wealth managers polled expect to increase their exposure to digital assets between now and 2023. The research, conducted online in May and June and shared with Cointelegraph, surveyed 50 wealth managers and 50 institutional investors with prior exposure to crypto assets spanning the U.S., U.K., France, Germany and the UAE. Four out of ten, or 40%, stated that they will “dramatically increase their holdings” with just 7% stating that they intend to reduce their exposure, and only 1% planning to sell their entire holdings. However, Nickel did state that in most cases institut...
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Pro-crypto Congressman stacks, anti-crypto Congressman receives $100K from TradFi

Alabama congressman Barry Moore has snapped up ETH, ADA, and Doge over the past two months, but his holdings have taken a significant hit amid the crypto downturn. News of two contrasting approaches to crypto from U.S. members of congress surfaced this week. Alabama Congressman Barry Moore has been loading up on cryptocurrencies such as Ethereum (ETH), Cardano (ADA), and Dogecoin (DOGE) over the past two months. Meanwhile anti-crypto California Congressman Brad Sherman — whose stated aim is to shut crypto down — has reportedly received more than $100,000 in campaign donations from top financial firms. According to a July 2 trading disclosures filing with the clerk of the House of Representatives, Moore purchased ETH on May 5, he bought ADA on May 10, 11, 13, and bought DOGE on June 13. The filing, which misspells Ethereum as “Etherium” and crypto as “cryto”, doesn’t specify the exact amounts Moore invested but does provide a range between $1,001 to $15,000 for each purchase. Th...
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China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning

The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities.” China’s central bank warned companies on Tuesday against assisting cryptocurrency-related businesses as it shut down a software firm over suspected involvement in crypto transactions, AFP reported. The Beijing office of China’s central bank ordered the closure of a software firm called Beijing Qudao Cultural Development. The central bank alleged that the company had been involved in providing software services for cryptocurrency transactions. The central bank claims that the shutdown was necessary “to prevent and control the risk of speculation in virtual currency transactions, and protect the safety of the public’s assets.” The bank also warned organizations not...
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NFT sales top $2.5B in first half of 2021

NFT sales in June alone have eclipsed those for the entire first half of 2020 for the OpenSea marketplace. Sales of nonfungible tokens (NFTs) have surged to record highs in the first half of 2021. There has been $2.5 billion in NFT sales in the first six months of this year according to DappRadar, a massive increase over the $13.7 million in sales for the same period in 2020. Citing stats from Dune Analytics, Reuters reported that June has been a record month for the OpenSea NFT marketplace with almost $150 million in sales. This is almost a thousand percent higher than the sales figure for all markets over the entire first half of the previous year. NFT buyers and enthusiasts view them as unique digital collectibles with intrinsic value because of their cultural significance. Others simply treat them as investments, speculating on rising prices. According to NonFungible.com, which aggregates Ethereum- based NFT transactions, there have been between 10,000 and 20,000 buyers per...
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