Mercado Bitcoin, A Brazilian Crypto Exchange, To Expand ... - cyptoranking.com
2024-05-02
Do you have something to say about the on-chain movements of 5,000 BTC to two different wallets by a dormant Bitcoin whale or anything else? Please write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter). Goel said he was actually caught off guard by the aforementioned combination. “The most impressive thing is Base's quick growth and how just one app can turn things around for any blockchain,” he told Decrypt. Mercado Bitcoin, A Brazilian Crypto Exchange, To Expand ...On Oct. 5, the gold-backed digital token called, Zimbabwe Gold (ZiG), officially launched as a payment method. The launch was announced by the Reserve Bank of Zimbabwe (RBZ). The RBZ introduced its new project in April 2023, highlighting that every issued digital token would be backed by a physical amount of gold held in the bank’s reserves. The RBZ first started issuing physical gold-backed tokens in 2022, claiming their successful adoption. The mission behind both physical coins and the newly introduced ZiG is to persuade local investors to put their money into national assets and not United States dollars, which is not an easy task in a country with triple-digit inflation. RBZ Governor John Mangudya stated: “The issuance of the gold-backed digital tokens is meant to expand the value-preserving instruments available in the economy and enhance divisibility of the investment instruments and widen their access and usage by the public.”The digital tokens can be stored in either e-gold wallets or e-gold cards and are tradeable for peer-to-peer and business transactions. Related: Costo sells out of gold bars, but is it a better investment than Bitcoin?The RBZ reported several price levels, for which ZiG could be both, depending on the weight of its gold reserve. Thus, one can buy 1 ounce of ZiG for $1,910 and 0.1 ounce for $191. According to the bank, on Sept. 28, investors bought the equivalent of 17.65 kilograms (kgs) in ZiG, paying with Zimbabwean and U.S. dollars. The total amount of ZiG sold since the previous rounds of digital token sales stands at around 350 kg of gold. Zimbabwe has grappled with currency instability and rising inflation for more than a decade. In 2009, the nation adopted the U.S. dollar as its official currency in response to a period of hyperinflation that had rendered the local currency practically worthless. In an attempt to revitalize the domestic economy, Zimbabwe reintroduced its own currency in 2019. However, this move was followed by a resurgence of currency volatility.Magazine: Singer Vérité’s fan-first approach to Web3, music NFTs and community building In conventional financial systems, once a transaction is confirmed, it cannot be undone. Similarly, attaining finality on a blockchain network ensures that a transaction is permanent and cannot be modified after it has been added to the blockchain. For the blockchain to be secure and authentic, this concept is crucial.
FTX exploiter moves $36.8M in Ether as Sam Bankman-Fried’s trial starts A widely followed crypto analyst is doubling down on his prediction for Ethereum (ETH), the top smart contract platform by market cap. How to buy Tether (USDT)?NFTs have the ability to tokenize real-world assets and can offer exclusive physical and digital experiences for holders. We’re already seeing this concept of tokenization play out at scale. For the development of the Ethereum ecosystem, this is an important milestone to experiment with more and more new ways of social interaction in the blockchain world.
Will there be an XRP bull run in 2024? According to sources, the liquidators had been monitoring Zhu Su’s activities in Singapore and discovered that he hosted parties at his upscale bungalow. On September 29, they reported to the police that Zhu Su might be in a car traveling from the bungalow to the airport. 7 Best Crypto Exchanges to Buy Bitcoin for UK Investors in ...FRAX is in the process of deploying a raft of “Frax v3” products, and today is launching sFRAX, or “staked FRAX,” alongside a bond product that converts to FRAX’s stablecoin on maturity. Frax founder Sam Kazemian told Blockworks that starting Monday, users will be able to deposit sFRAX and receive 10% yield — which would then shrink to around 5.4%, the Fed’s current IORB rate. In late September, the website for the Ethereum-based automated market maker Balancer was compromised in a seemingly similar attack, with attackers making off with around $240,000 worth of funds.
The Proof of Play team includes members from several large gaming and web companies, including Epic Games, Zynga, EA, Activision and Google. “We want to build something that gives the freedom to users to optionally keep their transactions and protect the contents of the transactions. Transactions can be decrypted under certain conditions, such as a deadline or specific prices,” he said. Crypto charts 101: How to read cryptocurrency chartsWhile the team anticipates leveraging the Arweave distributed storage network, Chen and Zhang have been able to complete payment and signing functionalities on the Neo N3 TestNet. Ultimately, they aim to develop a mathematics ecosystem in Web3 by leveraging Neo. Kennedy was also a vocal opponent of the Federal Reserve’s FedNow instant payment system, equating it with a central bank digital currency (CBDC) and stating in a Twitter (now X) post that “CBDCs grease the slippery slope to financial slavery and political tyranny” and there was an “obvious danger that this is the first step in banning and seizing bitcoin.” The U.S. Federal Reserve Board later launched a public-awareness campaign to differentiate FedNow from CBDC.
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