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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...

Player Bedazzled as Jewel-Themed Slot Gem Splitter Unlocks a $95,000 Jackpot With a $95 Bet

Sparklingly hot casino slot game Gem Splitter unlocks a treasure worth 2 BTC for this lucky player! A ludicrously big multiplier was applied to one of the bets that a lucky player placed on the dazzlingly beautiful slot game ‘Gem Splitter’ at Bitcoin.com Games. This big win marks a second for the month of August as another player bagged a jackpot of $75,000 previously on the game ‘Book of Aztec’. The fortunate player had the casino gods on their side as a 1000x multiplier was triggered on a bet of $95, bringing the effective win amount to $95,000 or 2 BTC , as per current evaluation. Slot games are known for churning out huge money multipliers on even the smallest amounts of bets, turning the fortunes in favor of anyone’s life, empowering them towards desirable objects and lavish lifestyles. Gem Splitter is a stylish 5-reel slot with up to 9000x multiplier ! ‘Gem Splitter’ is a relatively new jewel-filled slot game from the gaming provider Wazdan. As a 5-reel slot, the game fe...

Former US president calls crypto a 'disaster waiting to happen'

He seemingly dismissed the crypto market's potential in favor of strengthening the U.S. dollar in a recent interview. In an interview with Fox Business released today, former U.S. President Donald Trump was questioned about his views on the health of the Wall Street markets, the current administration's progress, as well as the potential of Bitcoin and the cryptocurrency market. In response to the latter question, the former President stated: “I like the currency of the United States, but I think the others are potentially a disaster waiting to happen.” He continued: “They may be fake. Who knows what they are? They [cryptocurrencies] are certainly something that people don’t know very much about.” He also spoke of protecting the sovereignty of the US Dollar as first priority, rather than advancing the stagnant financial system and grasping the overwhelming benefits that crypto and blockchain technologies have to offer. Despite these less-than-favorable comments, crypto pr...

Altcoins rally to new highs after the ETH/BTC pair flips bullish

MTL, RGT and KSM post gains in excess of 36% after the ETH/BTC pair turned bullish and Bitcoin price trades in a range-bound pattern. Signs that an altseason is underway are beginning to increase across the cryptocurrency market after numerous altcoins posted double-digit gains on Aug. 31. Meanwhile, the price of Bitcoin ( BTC ) continued to face headwinds and the digital asset trades at $47,100 .  The top altcoin Ether ( ETH ) looks poised to stage a 40% rally against BTC according to analysts, and a 5% gain in the ETH/BTC pair on Tuesday is thought to be the fuel behind altcoins which rallied more than 30% today. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Metal (MTL), Rari Governance Token (RGT) and Kusama (KSM). Metal Pay expands to Georgia MTL, the top-performing token, is the native cryptocurrency of the Metal Pay...

PayPal reportedly looks to take on Robinhood with stock trading

PayPal has reportedly conducted discussions to acquire a broker-dealer but is unlikely to launch the new investment service this year. American payment giant PayPal is reportedly exploring ways to offer stock trading after launching cryptocurrency trading services last year. PayPal is looking to buy or partner with a broker-dealer to introduce its own stock trading service to compete with rivals like crypto-friendly stock trading app Robinhood, CNBC reported on Aug. 30. Citing anonymous sources, the report notes that PayPal has conducted relevant discussions with potential industry players but is unlikely to launch the new investment service this year. According to CNBC, PayPal’s potential approval as a brokerage firm by the Financial Industry Regulatory Authority could take more than eight months. As part of the alleged plan, PayPal has already hired brokerage industry veteran Rich Hagen as the new CEO for its previously undisclosed division known as “Invest at PayPal.” Accordi...

Defi Platform Cream Finance Hacked, $29 Million Lost

Cream finance, a defi borrowing and lending protocol, has been the victim of a hack that erased more than $29 million from its vaults. The attacker took advantage of a loophole in the implementation for adding the amp token to the protocol. This is the second time the platform has been involved in a hack. The first breach happened in February, when Cream lost $37.5 million. Cream Protocol Suffers Hack Cream protocol , a defi lending-borrowing platform present on four different chains (Ethereum, BSC, Polygon, and Fantom), suffered a hack Monday that resulted in the loss of $29 million in several cryptocurrencies. The attacker took advantage of a bug caused by the introduction of the amp token into the protocol. According to Peckshield , a blockchain security and data analytics company, the hack was perpetrated in just one transaction, taking advantage of a reentrancy bug present in the code of the amp currency. This allowed the hacker to re-borrow assets during the transfer before...

Bitcoin price sinks to $46.7K despite record accumulation and supply shock events

Everything is bullish but the price when it comes to Bitcoin on Tuesday, the market still waiting for cues. Bitcoin ( BTC ) saw fresh local lows on Aug. 31 as limp price action diverged further from bullish sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin evades bullish continuation Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $46,700 on Bitstamp after dropping $2,000 in hours. Part of a multi-day rangebound construction, the dip resulted in a push towards $48,000, with bulls still unable to gather momentum for an attack on $50,000. For popular trader Crypto Ed, $48,200 was the level to watch for continuation upwards. “Showing some tricky moves, retest failed overnight with that dump,” he commented on the hourly chart. “Right now busy to print a Bart pattern. Still having the same view: reclaim that first horizontal and we're good to go.” BTC/USDT annotated 1-hour candle chart (Binance). Source: Crypto...

Nigeria's central bank partners with fintech firm Bitt Inc for CBDC rollout

The CBN considered Bitt Inc’s experience in the development of the Eastern Caribbean Central Bank’s DCash, launched in April. Barbados-based fintech firm Bitt Inc will be working as the technical partner for the Central Bank of Nigeria for its proposed e-naira digital currency. In a Monday announcement, the Central Bank of Nigeria (CBN)  said it had chosen Bitt Inc based on the company’s “technological competence, efficiency, platform security, interoperability and implementation experience.” It also considered the fintech firm’s experience in the development of the Eastern Caribbean Central Bank’s digital currency , DCash, which it launched in April. The partnership announcement comes the same day the CBN issued preliminary guidelines for its central bank digital currency , or CBDC, called the e-naira. The initiative from Nigeria’s central bank, called Project Giant, will be pegged to the value of the country’s fiat currency, the naira. The CBN reportedly plans to pilot the ...