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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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Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using “money surrogates” as officials have previously called cryptocurrencies. Bank of Russia to Issue Digital Ruble by 2030, According to Financial Market Development Plan The Strategy for the Development of the Financial Market of the Russian Federation by 2030 was released this week by the Ministry of Finance. The plan is open for public discussions between Sept. 14 and Oct. 13, 2021, according to a notice published by the State Automated Information System. The strategy defines the launch of a digital version of the Russian ruble as one of the priority tasks in the field of digitalization, as Bits.media crypto news outlet reported. The digital ruble, the authors have pointed out, will become the third f...
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Coinbase increases junk bond offering to $2B after investors swarm

Coinbase has sold $2 billion worth of corporate bonds in an offering that saw $7 billion worth of bids placed. Leading U.S.-based cryptocurrency exchange Coinbase has seen enormous demand for its junk bond offering, with the firm increasing the size of the sale by one-third from $1.5 billion to $2 billion. According to Economic Times, at least $7 billion worth of orders were placed in competition for equal quantities of seven and 10-year bonds, offering interest rates of 3.375% and 3.625% respectively. The publication cites an anonymous source as claiming the interest rates were cheaper than the initial quotes offered by Coinbase, with the influx of demand suggesting buyers hold a higher opinion of the company’s credit-worthiness than initially suspected by the exchange. “The strong demand is clearly a big endorsement by debt investors,” commented Bloomberg Intelligence analyst Julie Chariell. However, the exchange’s bonds were rated one rank below investment-grade, with Bloombe...
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Fidelity lobbies SEC to approve Bitcoin ETF in private meeting

Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards. Multinational financial services firm Fidelity Investments has pressed the U.S. Securities and Exchange Commission to approve its Bitcoin exchange-traded fund (EFT). A private meeting was held on Sept. 8 between Fidelity Digital Assets President Tom Jessop, six of the firm’s executives and several SEC officials. The finance executives laid out a number of reasons why the regulator should approve the investment product. These include increased demand for digital assets and related products, the prevalence of similar funds in other countries, and the rise of Bitcoin adoption. A Fidelity presentation from the meeting outlining the benefits of a Bitcoin product stated that global developed market regulators have approved Bitcoin exchange-traded products (ETPs) in Canada, Germany, Switzerland and Sweden. In response to SEC chair Gary Gensler’s comments last month on the possibility of re...
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KICK.IO’s Token Will Be Available on ExMarkets LaunchPad, 15th September

As the $ ADA bull market continues to gather steam – with new price records set each month – many within the Cardano community are asking, what’s next? The limitless possibilities within the Cardano ecosystem offer many opportunities for both project creators and their investors. But financial and informational asymmetries have always been a major limiting factor. That’s why KICK.IO , a non-custodial crowdfunding protocol, was created to make sure that this immense potential is utilized to its fullest. The platform will ensure projects have access to the most advanced kickstarting and fundraising capabilities and help both retail and institutional investors to come together and pick the winners of tomorrow. To help the team achieve this goal, they have chosen to hold an IEO on ExMarkets decentralized exchange. Following the overwhelmingly successful recent public sale of ADAX – this choice should not surprise anyone, since ExMarkets is increasingly becoming a household ...
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PrimeDAO raises $2M to build cooperative platform for DAOs

PrimeDAO has raised $2 million from DeFi funds that share its vision for a collaborative platform enabling cooperation between decentralized autonomous organizations. PrimeDAO, a project seeking to facilitate greater coordination and cooperation between decentralized autonomous organizations (DAOs) in the DeFi sector, has secured $2 million in seed funding. According to an announcement shared with Cointelegraph, the round featured participation from notable DeFi investment funds including Signum Capital, LD Capital and Stacker Ventures. The funds will be used to develop the “DAO2DAO” (D2D) product suite for PrimeDAO, with the platform set to feature a ‘Negotiation Interface’ designed to enable coordination between DAOs. The platform will allow the creation and ratification of agreements between DAOs featuring on-chain conditions. D2D will also enable DAOs to hold shared ownership over common assets, execute joint ventures, and collaborative liquidity pools. PrimeDAO will partner...
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Bitcoin billionaires back ‘moonshot’ to resurrect woolly mammoths ... and save the planet

Colossal is aiming to combat climate change by resurrecting extinct species in their natural habitats, with the firm’s landmark de-extinction project focused on woolly mammoths. Bitcoin billionaires Tim Draper and the Winklevoss twins have backed a start-up dubbed “Colossal” that is aiming to resurrect woolly mammoths as part of the effort to fight climate change. The “de-extinction” focused bioscience firm closed a $15 million funding round on Sept.13, which was led by Legendary Pictures founder Thomas Tull. The round also included participation from Peter Diamandis of Bold Capital, Jim Breyer of Breyer Capital and Tony Robbins, the famous “self-help guru” with a net worth of around $500 million. Colossal was founded by Harvard genetics professor George Church and entrepreneur Ben Lamm. The firm’s landmark de-extinction project will aim to resurrect the woolly mammoth — or more specifically a “cold-resistant elephant with all of the core biological traits of the woolly mammoth” ...
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Dapper Labs and Flow Blockchain to Get a Boost From Big Tech as Studio Partners With Google

Google is joining forces with the blockchain firm Dapper Labs in order to help bolster Web3 development, blockchain gaming, and non-fungible token (NFT) technology. The blockchain company’s CEO Roham Gharegozlou tweeted about the deal on Tuesday noting that the firm was “amped to welcome Google to the Flow blockchain.” Google to Collaborate With Dapper Labs Various reports indicate that the American multinational technology company that specializes in Internet-related services, Google, has partnered with Dapper Labs. The Google collaboration announcement follows Dapper Labs’ recent partnership with Filecoin . Speaking with Forbes’ contributor Michael del Castillo, Janet Kennedy, the vice president of Google Cloud North America, explained that “it’s really about helping them with rapid and sustainable growth.” Kennedy further elaborated that blockchain tech is continuing to advance. “Blockchain technology is becoming more and more mainstream. So companies like Dapper need scalabl...
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