2022July
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Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO
- July 31, 2022
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- Category: Blockchain
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On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S. dollar’s value. A New collateral-Backed Stablecoin Crafted by Aave Companies Is Due
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The Battle for the $2 Billion Venezuelan Gold Stash Continues, London Rules in Favor of Opposition Leader Guaido
- July 31, 2022
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- Category: Blockchain
Her Majesty’s High Court of Justice in England has determined that the Venezuelan gold stored in the vaults of the Bank of England must be managed by officials of the Central bank of Venezuela designated by opposition leader Juan Guaido. The management of this gold stash, which is comprised of 31 tonnes of this precious
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Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions
- July 31, 2022
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- Category: Blockchain
While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more than 33% of the survey’s respondents think
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US Personal Consumption Expenditures Tap Record Highs, Stanford Economist Says Fed Should Increase Rates Above 9%
- July 31, 2022
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- Category: Blockchain
On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month increase since 1982. On the same day, Stanford University’s senior fellow at the Hoover Institution and professor of economics, John Cochrane, said the Federal Reserve
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While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low
- July 31, 2022
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- Category: Blockchain
While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5 per transaction and on July 30, at 9 p.m. (ET),
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Analysts: BRICS Currency Meant to Rival USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waits to Buy Bitcoin — Bitcoin.com News Week in Review
- July 31, 2022
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- Category: Blockchain
BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S., Rich Dad Poor Dad author Robert Kiyosaki says we’re in for the “biggest bond crash” in
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Is Tether going to collapse?
- July 31, 2022
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- Category: Technology
Why people are betting big on tether crash? Tether (USDT), the world’s largest stablecoin by market capitalization, appeared to be breaking its dollar peg following the demise of Terra’s UST stablecoin and the Celsius Network lending platform. Following both occurrences, the price stabilized, with its CTO informing investors that the currency will continue to enable payouts. Tether,
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What if a crypto is both stable & volatile?
- July 31, 2022
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- Category: Technology
The story of Centric’s dual-token model! Centric Dual Token Economy We’ve all heard of cryptocurrency volatility. Yet, there are some stablecoins that are tethered to real-world value to maintain calmness. The truth is that with stability comes a limited potential upside, which implies less or no profit. However, with volatility comes risk factor, since such currencies
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What is Web3 Encyclopedia?
- July 31, 2022
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- Category: Technology
A little about the Encyclopedia wTa: The Emerging Web3 Encyclopedia! Web3 has been discussed for some time, but the current drop in the crypto market has put a stop to most of the major initiatives. The hike has flattened down a little, but some folks are still working underground. In today’s article, we’ll look at
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Are You There Satoshi? It’s me, Linny.
- July 31, 2022
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- Category: Technology
Source: Pixabay Dear Satoshi, Thanks for gifting us the incredible invention of Bitcoin. I don’t know if you follow the news, but people are talking about it. Some of us love it, and some hate it. Some old men call it rat poison squared and say it is like some venereal disease. Many have already