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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...

Ether is more popular than Bitcoin in Singapore, new study finds

Almost four in five Singaporean crypto holders own Ether, followed by Bitcoin, Cardano and Binance Coin. Being a crypto-friendly country has paid off in terms of adoption, as a new study about Singapore revealed.  The State of Crypto in Singapore Report 2021, conducted by crypto exchange Gemini in partnership with CoinMarketCap and Seedly, found that more than two-thirds of Singaporeans who have financial investments currently hold crypto. The report, which sampled 4,348 Singapore-based adults who self-identify as having or being interested in personal finance and investment products, shows that 67% of the respondents currently own crypto assets. While one in five crypto holders are women, the study profiles the average Singaporean crypto holder as a “29-year-old male with an average annual household income of about 51,968 Singapore dollars ($38,456) a year.” Regarding the distribution of crypto assets held by Singaporean investors, Ether ( ETH ), the native cryptocurrency o...

Reusable Payment Addresses: A New Tool to Provide More Privacy in Bitcoin Cash

Electron Cash, a leading bitcoin cash wallet, has implemented a new feature called Reusable Payment Addresses. While still in its testing stages, this feature is a tool that can be leveraged to acquire a deeper level of privacy for your transactions, due to how it detaches public addresses from payment history, giving Bitcoin Cash some Monero-like capabilities. Reusable Payment Addresses: More Privacy for Your Transactions The developers of Electron Cash, one of the leading bitcoin cash wallets, have introduced Reusable Payment Addresses, a new privacy feature for the wallet. While it is still in its alpha stages, the functionality is there. Reusable Payment Addresses allows users to have another layer of privacy when transacting. When a user gives another a payment address, it also gives away the whole story of payments associated with it, alongside the balance it contains. This poses a big problem for privacy-concerned users: every time a user or company posts an address it mea...

Korean internet giant Kakao expands blockchain presence to Singapore

Kakao wants to keep up with the enterprise blockchain competition in Asia as it eyes expansion to Singapore. Singapore is reportedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klatyn. According to a report by The Korea Herald on Monday, Kakao has established two new blockchain-based entities — the Klatyn Foundation and Krust — in the city-state. The Klatyn Foundation is a non-profit organization while Krust serves as a global accelerator for blockchain technology adoption. Kakao plans to use both entities to foster broad-based penetration of its Klatyn blockchain project in Singapore. Stating its mission during the launch earlier in August, the Kakao Foundation said that it will work “proactively and systematically” to expand the Klatyn network. “We will actively invest our human as well as financial resources in developers and businesses of the blockchain world to accelerate the growth of our ecosystem and the development of our tec...

Walmart seeks crypto product lead to drive digital currency strategy

Walmart’s future digital currency and crypto product lead would be based in the company’s home office in Bentonville, Arkansas. North American retail giant Walmart is looking for an experienced crypto expert who can develop and drive an ambitious digital currency strategy and product roadmap.  In the listing for the role, Walmart indicates it is looking for someone who has a track record in leading and scaling businesses, with at least 10 years of experience in product/program management and technology-based product commercialization. The ideal candidate would have expertise in cryptocurrencies and blockchain-related technologies and in-depth knowledge of the crypto ecosystem and its core actors. Walmart has hinted at the focus of its future digital currency strategy by noting that it already enables a “broad set of payment options for its customers” — although not yet in cryptocurrency. Back in 2019, Walmart had already filed a patent for a blockchain-based U.S. dollar-backed...

BTC eyes $50K breakout despite most ‘greed’ since all-time highs: 5 things to watch in Bitcoin this week

Bulls refuse to give up as expectations grow of a fresh charge on final resistance before $50,000. Bitcoin ( BTC ) is approaching its second attack on pivotal resistance this week as bulls remain firmly in the driver’s seat. After a mixed weekend that saw both a run on $48,000 and a major rejection at that level, Bitcoin is already back, having made up all of its losses. With conditions broadly favorable for continued strength, it may only be a matter of time before the next impulse move reshapes the BTC/USD spot market. Cointelegraph suggests five factors worth taking into account when assessing where Bitcoin might be headed in the coming days. Bitcoin returns to challenge $48,000 It was a rags-to-riches story for Bitcoin this weekend. Saturday began on a high after BTC/USD jumped above $47,000, a zone which immediately borders a large resistance wall which so far remains in place. Thereafter a failed attack on that zone ended in a sharp reversal , with Bitcoin dropping to lo...

Darknet Users Leverage a New Blockchain Analytics Tool That Scans for Ties to Criminal Activity

According to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a “blockchain analytics tool has been launched on the dark web” and the tool is called “Antinalysis.” Meet the Blockchain Analytics Tool ‘Antinalysis’ Hosted on Tor On August 13, the blockchain surveillance company Elliptic published a blog post that details how the firm discovered a blockchain analytics tool that is leveraged by cybercriminals to protect themselves. The tool dubbed “Antinalysis” allows “bitcoin addresses to be checked for links to criminal activity,” Elliptic claims. The company’s announcement further states that Antinalysis gives individuals the ability to “test whether their funds will be identified as proceeds of crime by regulated exchanges.” The company’s blog post adds: Antinalysis seeks to help crypto launderers to avoid this, by giving them a preview of what a blockchain analytics tool will make of...

Microsoft wants to use Ethereum blockchain to fight piracy

The major software developer’s new plan to combat piracy relies on the transparency of blockchain technology. Windows operating system and Office productivity suite have always been top performers on any software piracy platforms. So, it’s no wonder that Microsoft, the developer of both products, works hard to establish anti-piracy measures.  In a new paper released by Microsoft’s research department, with the participation of researchers from Alibaba and Carnegie Mellon University, the Redmond-based software giant studied a blockchain-based incentive system to bolster anti-piracy campaigns. As the title of the research, Argus: A Fully Transparent Incentive System for Anti-Piracy Campaigns, suggests, Microsoft’s new system relies on the transparency aspect of blockchain technology. Built on the Ethereum blockchain, Argus aims to provide a trustless incentive mechanism while protecting data collected from the open anonymous population of piracy reporters. “We see this as a di...