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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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Bancolombia to Offer Crypto Trading in Financial Regulator’s Pilot Program

Bancolombia, Colombia’s largest bank, will be offering cryptocurrency trading to customers in a pilot program within a regulatory framework established by the country’s financial regulator, the Superintendencia Financiera de Colombia (SFC). Customers of the Colombian bank will be able to trade bitcoin, ether, litecoin, and bitcoin cash. Bancolombia to Offer Cryptocurrency Trading to Customers in Regulatory Sandbox Bancolombia, the largest bank in Colombia by total assets, is set to offer cryptocurrency trading to customers in partnership with cryptocurrency exchange Gemini, a New York trust company and custodian regulated by the New York State Department of Financial Services. Cynthia Del Pozo Garcia, the exchange’s principal of strategy & corporate development, announced Monday that starting Dec. 14: Gemini and Bancolombia will launch a partnership to provide an initial cohort of customers of the Colombian bank a seamless on- and off-ramp to trade bitcoin ( BTC ), ether ( ET...
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Retail buyers made up more than 80% of NFT transactions in 2021: Chainalysis

Chainalysis has determined that most NFT transactions so far this year were from retail buyers, but the big volumes were driven by collectors and institutions. More than 80% of all nonfungible token (NFT) transactions were worth less than $10,000 in 2021 according to Chainalysis which categorized them as "retail" in recent research. A Dec. 6 report from blockchain analytics firm Chainalysis titled “ The 2021 NFT Market Explained” detailed NFT transaction trends throughout 2021. Researchers at Chainalysis studied on-chain data between January and October 2021. While retail transactions accounted for more than 80% of all NFT transactions on any given day in 2021, collector-sized transactions rose from 6% in March to 19% by Oct. 31 indicating an increase in larger collectors as the year progressed. Institutional-sized transactions accounted for less than 1% of all transfers but made up 26% of the actual trading volume during the period, it added. A retail-sized transacti...
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Gemini partners with Colombia's biggest bank for crypto trading

The partnership will allow Bancolombia customers to trade a number of popular cryptocurrencies including BTC, ETH, and LTC. New York-based crypto exchange Gemini has announced that it will be expanding into Latin America through an upcoming partnership with Colombia’s largest bank, Bancolombia. The partnership will take effect Dec. 14, and will permit customers from Bancolombia to trade 4 crypto assets: Bitcoin ( BTC ), Ether ( ETH ), Litecoin ( LTC ), and Bitcoin Cash ( BCH ). A limited number of users will be able to buy crypto directly from their Bancolombia bank accounts through the Gemini exchange, which will provide crypto-specific infrastructure for exchange and custody of assets. It remains unclear whether the users will be able to withdraw the crypto holdings directly from their accounts. In a Dec. 6 announcement about the partnership, Gemini stated that it “serves as an important step toward the strategic expansion of Gemini’s presence in Latin America.” “We believe th...
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GoCrypto Reveals a Protocol That Revolutionizes Digital Payments

PRESS RELEASE. LJUBLJANA, SLOVENIA: The GoCrypto project always strives to bring crypto payments into the mainstream. The upgraded solution dubbed GoCrypto 2.0 enables true decentralized payments where the merchant can accept virtually any currency and receive the settlement in its desired crypto currency without virtually any central entity in between. The solution would at its core utilize blockchains that support smart contracts in order to enable automatic processing of the payments and its several steps, such as acceptance of payment, routing and swapping of the funds, fee collection, settlement to a crypto currency address or execution of smart contracts, etc. It will also be possible to connect third party bridges that will enable interaction with blockchains that don’t support smart contracts and possibly even legacy payments such as cards and digital wallets. How it works: Below is the description of the payment flow. The Merchant POS system generates a QR code with inst...
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Massive jump in number of Australians who own crypto: Survey

CEO of Independent Reserve Adrian Przelozny told Cointelegraph that he expects the trend to continue as crypto matures and becomes less volatile. The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) survey of more than 2,000 people found that the percentage of Australians surveyed who own or have owned crypto has reached 28.8%, up from 18.4% in 2020. The results suggest that growth in the sector is being driven by the positive experience of those who own crypto, with 89% of those surveyed saying they have made money or broken even, up from 78% in 2020. Independent Reserve CEO Adrian Przelozny told Cointelegraph that these results didn’t come as a surprise to him, due to an environment in which it has become “very difficult to get returns on investments.” He stated that “cryptocurrencies have easily outperformed any other assets over the last 12 months,” before adding: “I think it's quite natural that more and more people get interested in an asset class that's clear...
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Sophia AI robot to be tokenized for Metaverse appearance

A collection of 100 “intelligent NFTs” will be auctioned in Binance on Dec. 16 as Sophia takes a trip into the Metaverse. A virtual anime version of Sophia, the world-famous humanoid artificial intelligence (AI) robot, is set to be tokenized and auctioned off as part of an up-and-coming Metaverse project dubbed “Noah’s Ark.”  Sophia was developed by Hong Kong-based firm Hansen Robotics in 2016 and is known across the globe for her conversation skills and articulate speaking ability. In her first 5 years, Sophia has addressed the United Nations and obtained Saudi citizenship. Earlier this month, former Hansen Robotics CEO and Sophia co-creator Jeanne Lim launched a virtual anime version of the robot dubbed “Sophia beingAI” at her new company beingAI under a perpetual license and co-branding partnership. According to the Dec. 7 announcement, beingAI has partnered with intelligent nonfungible token (iNFT) production firm Alethea AI to launch 100 iNFTs featuring Sophia beingAI ...
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Jack Dorsey's Spiral demos Bitcoin Lightning Development Kit

A puppet of Jack Dorsey has been used to explain the Lightning Network in a new video promoting Spiral’s LDK. The crypto arm of the recently rebranded Square (now Block) has demonstrated its Lightning Development Kit (LDK) as it aims to turbocharge the Bitcoin network.  The team from Jack Dorsey’s Spiral published a video on Dec. 7 showcasing the capabilities of Bitcoin Lightning and the Lightning Development Kit (LDK). LDK has been designed to allow developers to seamlessly plug their applications into the network on mobile devices and Point of Sale terminals.  LDK supports native APIs using Rust, C, Swift, Java, and Kotlin coding languages. This lets developers customize their wallet app for their users in the language of their choice while also removing the necessity for separate Bitcoin and LN wallets. In the video , Twitter’s former CEO described the LDK as a program that “makes it easy for any developer in the world to build a wallet.” We made a very short docum...
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