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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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Ethereum privacy protocol Tornado Cash to launch on L2 Arbitrum

Once fully deployed, users will be able to make private transactions through the popular Tornado Cash mixer on the Arbitrum layer two network. Tornado Cash is about to get a scaling boost as the privacy protocol prepares for deployment on the Ethereum layer two network Arbitrum.  Tornado Cash’s smart contracts are ready to roll on thArbitrum Layer 2 scaling network following contributions from the community to ensure the stability of the protocol. The Nov. 29 announcement explained that deploying on Arbitrum will “allow users to take advantage of all the benefits a Layer 2 can offer, with cheaper transactions being the biggest comparative advantage.” Tornado Cash is a fully decentralized Ethereum ( ETH ) mixer protocol. Tornado Cash masks the path that tokens such as ETH take from sender to receiver, providing completely private transactions without the need to use privacy-focused coins. Layer two networks on Ethereum boast faster transactions and cheaper fees while still b...
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Pocketcoin (PKOIN) Is Now Available for Purchase With Visa/Mastercard and 19 Different Cryptos

Pocketcoin (PKOIN) is a Proof-of-Stake token that is used decentralized advertising, boosting posts and featuring comments on the decentralized crypto social platform Bastyon ․ com. PKOIN also gives users specific privileges while using Bastyon ․ com social platform and is used for node staking. Authors also earn crypto for their content on Bastyon ․ com. And now Pocketcoin is available for purchase on https://buy.pkoin.indacoin.io/ for Visa/Mastercard through a newly announced Indacoin integration. PKOIN is also available on a number of exchanges including DigiFinex and Bitforex, and for purchase for 19 different cryptos at https://pkoin.net/ Recent Growth of Bastyon ․ com and PKOIN Userbase The crypto social network Bastyon has grown exponentially adding over one hundred thirty thousand users over the past three months. Bastyon’s block explorer routinely features hundreds of transactions showing the network is gaining majortraction. Bastyon recently added a video upload function...
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Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic

The popular American-style pale lager produced by Anheuser-Busch, Budweiser announced on November 29, that the firm planned to issue a series of 1,936 non-fungible token (NFT) collectibles. Following the Bud-themed NFT market launch, the web portal experiences some hiccups. Budweiser Issues NFT Beer Can Collection — NFT Cans Give Access to the ‘Budverse’ At the end of August, the crypto community discussed the popular American beer brand Budweiser purchasing an NFT crafted by Tom Sachs called “ Life of the Party .” Moreover, Budweiser also acquired the Ethereum Name Service (ENS) domain called “beer.eth” on August 11, 2021. According to Opensea records , Budweiser spent $96,000 or 30 ether at the time of sale in order to acquire the ENS domain. There are 1,936 Budverse Cans because it’s a hat tip to our first Heritage Cans launched in 1936. And now you can own a piece of history and a collectible that gives you access to the future of Budverse. — beer.eth (@budweiserusa) Novemb...
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Snoop drops 'Decentralized Dogg' NFT like it’s hot

Snoop’s first NFT collaboration “Decentralized Dogg” with digital multimedia artist Coldie was minted today on SuperRare. Hip-hop legend Snoop Dogg has debuted his first nonfungible token ( NFT ) collaboration with artist Ryan Colditz (Coldie) in the final release of the Decentral Eyes Portrait Series. The “Decentralized Dogg” NFT was minted on SuperRare on Nov 29 at 7:15 PM UTC and will be on auction until Dec 3. SuperRare is a digital NFT marketplace that caters to buyers willing to pay up for more exclusive pieces . The NFT is a stereoscopic 3D collage of 10 different portraits of Snoop Dogg from various stages throughout his life, underscored by an original NFT-inspired soundtrack by Snoop. At the time of writing, the highest bid was 169 Ether or about $760,000 at current prices. NEW ARTWORK RELEASE Coldie x @SnoopDogg Decentral Eyes Dogg 1/1 on @SuperRare Auction ends Dec 3 5p PT/8p ET Art by Coldie Exclusive audio by @SnoopDogg Coming together to keep it fun &...
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Bancor introduces new staking pools and instant impermanent loss protection

Bancor 3 will feature instant impermanent loss (IL) protection, an unlimited deposit staking pool, and an Omnipool offering a share of fees generated from the entire platform. Decentralized automated market maker (AMM) Bancor is set to launch new staking pools and an upgrade to its impermanent loss protection mechanism as part of its long-awaited Bancor 3 update. Bancor was founded in 2017 and was the first DeFi protocol to introduce AMMs to the blockchain . The Ethereum-based exchange and lending platform also allows users to earn staking rewards via various liquidity pools. In a Nov. 30 blog post introducing the upcoming Bancor 3 update, the platform announced several new features and upgrades including the Omnipool, Infinity pools, and “Instant Impermanent Loss Protection.” Introducing Bancor 3 pic.twitter.com/TuIyUnN13U — Bancor (@Bancor) November 29, 2021 Impermanent loss (IL) occurs on AMMs like Bancor or Uniswap when the prices of two assets in a liquidity pool diverge...
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Bitcoin network settling an average of $95K for every $1 in fees

Bitcoin’s settlement efficiency has been improving which means more value can be sent for lower transaction fees. The Bitcoin network’s value settlement efficiency has been improving steadily recently, with more being settled for lower fees. Over the past week, the Bitcoin network has transferred or settled an average of $95,142 of value for every $1 worth of fees. The on-chain settlement efficiency has been gradually increasing since May as more has been moved around the network during the bull cycle. On-chain analyst Dylan LeClair made the observation using data from analytics provider Glassnode. The value is derived by dividing the mean transaction volume by the fees. Over the last seven days the #Bitcoin Network transferred an average $95,142 of value for every $1 worth of fees. The median transaction saw $751 of value transferred for every $1 worth of fees. #Bitcoin is the most efficient monetary settlement network the world has ever seen. pic.twitter.com/DzSwxCDKkd — ...
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Hedera and Korea's Shinhan Bank partner on KRW stablecoin pilot

A new proof-of-concept will be tested to send fiat-backed stablecoins between banks to reduce fees and transaction times on international payments. South Korea’s Shinhan Bank and Hedera Hashgraph (HBAR) have completed a proof of concept that is designed to conduct international remittances using stablecoins on the Hedera Network. The new proof of concept by South Korea's Shinhan Bank for remittances can send money internationally within seconds for a fraction of a cent on the Hedera Network. Hedera claims that the average fee per transaction on its network is $0.0001, and the average transaction time is 3-5 seconds, both vast improvements from what is currently available from traditional remittances. In a Nov. 29 announcement , Hedera stated that it aims to determine whether it is possible to issue and distribute stablecoins for financial use cases with lower fees and shorter completion times than existing systems, while also making transactions traceable. Hedera Hashgraph i...
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