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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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‘Best bear market ever’ — 5 things to watch in Bitcoin this week

A fresh BTC price dip to $45,000 clashes with bullish forecasts across the board as Bitcoin traders lie in wait for an October rebirth. Bitcoin ( BTC ) starts a new week with a decidedly bearish move — but one that fails to shake investor confidence in the bull run. A mixed weekend saw BTC/USD close above $47,000 only to lose all of its previous gains to challenge $45,000 support hours later. It’s a delicate situation — not just Bitcoin, but stocks and sentiment are taking a beating as the Evergrande implosion in China unravels. What could affect the cryptocurrency market?  As analysts expect a “choppy” week for BTC price action, Cointelegraph takes a look at five factors worth considering when charting where Bitcoin might be headed in the short term. El Salvador “buys the dip” Bitcoin spot price action is hardly inspiring for traders as the week begins. A reversal of previous strength on Sunday was compounded overnight, and BTC/USD lost the $46,000 mark. Amid turmoil in t...
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Optimism announces upgrades enabling ‘one-click’ roll-up deployment

As competition between layer-two scaling solutions heats up, Optimism has announced one-click roll-up deployments. According to a blog post published by Optimism on Sept. 17, the team anticipates Ethereum-native protocols will be able to launch on its network in a single click by the end of October. “Any tooling that can run on Ethereum will run identically on Optimistic Ethereum,” the post highlighted, adding: Optimism, the Ethereum Foundation-backed team building developing a layer-two roll-up network , has announced upgrades to its protocol that will enable developers to deploy on its network in just "one click.” “Anyone who has written code targeting Geth can now deploy without change — even for advanced features like traces and gas.” The post asserts that Optimism overhauled its code in a bid to extend beyond Ethereum Virtual Machine (EVM) compatibility to achieve “EVM equivalence” through shrinking the protocol down to its most lightweight and efficient form possible....
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Latest DeFi hack targeting BSC sees $12.7M in Bitcoin stolen from pNetwork

Roughly $12.7 million worth of tokenized Bitcoin has been stolen from the BSC-based cross-chain composability platform pNetwork. Cross-chain decentralized finance platform pNetwork has become the latest protocol to be targeted by hackers on Binance Smart Chain, reporting a loss of roughly $12.7 million worth of Bitcoin ( BTC ).  According to a Twitter thread published by pNetwork on Monday, the incursion resulted in 277 pBTC being siphoned from the exchange. The hackers made off with the majority of the network’s collateral, pNetwork added. 1/N We're sorry to inform the community that an attacker was able to leverage a bug in our codebase and attack pBTC on BSC, stealing 277 BTC (most of its collateral). The other bridges were not affected. All other funds in the pNetwork are safe. — pNetwork (@pNetworkDeFi) September 19, 2021 The team noted the attack was executed by exploiting a bug in its codebase, adding that a fix is already in progress. pNetwork also offered for the...
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El Salvador Buys More Bitcoin — Country Now Holds 700 BTC

El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has purchased more bitcoin. The Salvadoran government now holds 700 coins, according to President Nayib Bukele. El Salvador Buys the Dip El Salvador’s president, Nayib Bukele, announced early Monday morning that his government has purchased 150 more bitcoins. The country’s bitcoin law went into effect on Sept. 7 making the cryptocurrency legal tender alongside the U.S. dollar. He tweeted: “We just bought the dip. 150 new coins! El Salvador now holds 700 coins.” “They can never beat you if you buy the dips … Presidential advice,” he further wrote. The price of bitcoin was hovering around $45K when he made the announcement. It has since dropped to $43,326 at the time of writing based on data from Bitcoin.com Markets . El Salvador started buying bitcoin on Sept. 6 ahead of the bitcoin law taking effect. On Sept. 7, Bukele announced that his country had bought a total of 550 bitcoins. According t...
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Coinbase signs new $1.36M contract with US Customs enforcement agency

Coinbase has inked its second deal to develop software for the U.S. Immigration and Customs Enforcement agency since August. Leading U.S. cryptocurrency exchange Coinbase has secured a contract to develop tech for the Department of Homeland Security worth as much as $1.36 million. Under the agreement , Coinbase has been contracted to deliver “application development software as a service” for the U.S. Immigration and Customs Enforcement division (ICE). The contract took effect on Sept. 16 and will see Coinbase receive $455,000 from the department. However, the contract could be extended to last for up to three years in total, which would see Coinbase receive up to roughly $1.36 million. The deal is the second partnership inked between Coinbase and ICE, with the exchange having secured a $30,000 contract to provide “computer forensics services” to the agency in August. The news has received backlash from the crypto community, with Human Rights Foundation chief strategy officer Ale...
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Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, ATOM, FTT

Bitcoin price is struggling to flip $48,000 to support, but the steady protocol developments taking place in DeFi projects could lead to further upside from DOT, LUNA, ATOM and FTT. Bitcoin ( BTC ) and most major altcoins have been consolidating in the past few days as investors await a trigger to start the next directional move. Some believe that the rising inflation in the U.S. could prove to be bullish for Bitcoin . In a note to clients, Anthony "Pomp" Pompliano said that the only way to protect oneself in the current environment is to invest either in “equities, real estate, crypto, etc.” Crypto market data daily view. Source: Coin360 Bitcoin’s market dominance recovered from about 40.66% on Sept. 12 to 43.75% on Sept. 18, indicating that traders may be booking profits in altcoins and buying Bitcoin. The outcome of the two-day FOMC meeting next week could act as a trigger to determine the next directional move in Bitcoin. Let’s study the charts of the top-5 crypt...
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Bitcoin ‘heavy breakout’ fractal suggests BTC price can hit $250K–$350K in 2021

The analogy appeared in anticipation that Bitcoin could post a 2017-like bull run, in which the price rose by more than 1,900%. Bitcoin ( BTC ) has the potential to push its prices to between $250,000 and $350,000 by the end of 2021, a long-standing fractal suggests. First spotted by pseudonymous analyst Bit Harington, the bullish setup drew its inspirations from Bitcoin’s spectacular bull runs every time after  halvings , which is when the miner block reward gets cut in half. Analysts perceive the halving as a bullish event , which reduced the supply of newly mined BTC.  Harington reminded that Bitcoin’s prices surged by more than 600% after the first two halving events in 2012 and 2016 when measured from a so-called resistance/support (R/S) line, as shown in the chart below. Bitcoin price performance after the first two halving events. Source: BuyBitcoinWorldWide, PlanB and Bit Harington The line represented a barrier during the period of price uptrend. Traders...
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