On Tuesday, the exchange rate for the euro expressed in the US dollar dropped to its 20-year low of roughly $1.001. This marks another in a series of drops that have seen the euro lose nearly 16% in the past 12 months.
According to Polygon’s lead executive Ryan Wyatt, 48 projects that were formerly deployed on the Terra Classic blockchain have migrated to the Polygon chain in recent weeks. Wyat shared the news on Twitter, alongside a short video showcasing the list of migrated projects.
Celsius (CEL), a struggling cryptocurrency lending platform, has paid off 20 million USDC debt to decentralized finance (DeFi) protocol Aave (AAVE). Recall that Celsius paused withdrawals last month to protect itself from potential bankruptcy stemming from the broader cryptocurrency downturn and the drastic increase in user withdrawals.
The Global Digital Assets Investment Summit is a forum for the industry leaders and Investors to discuss the future of digital & Crypto assets investments. The Global Digital Assets market is continuously shaking up the financial system and has prompted the beginning of global regulatory change and monetary revolution that no one can afford to ignore. The regulatory overhaul and the development of Central Bank Digital Currencies (CBDCs) and the rise of cybercrime, stablecoins, innovation in cross border retail and wholesale payments infrastructure, and the ‘institutionalisation’ of digital assets investments are just some of the critical challenges that are forcing the financial institutions to change the way they operate, and force a change in the perception of fiat currencies and digital assets.
The “Unique GUGGENHEIM Shaving Brush” collection was created by Rudolf Guggenheim in April 1973. In 2022, Ruedi Guggenheim takes the idea of digital and virtual. A “digital art house” is what he envisions for UNIQG, where new opportunities for adolescents and adults are available.
The total cryptocurrency market capitalization seems to be slowly climbing towards the $1 trillion level again. Throughout last week it increased from slightly less than $910 billion to $972 billion and thereby almost completely negated the losses of the week before that. Nevertheless, with no clear trend reversal in sight, this might not be enough to scare off the bears that have been raging through the markets the last couple of months. Bear market or not, you can almost never do wrong if you read our weekly Coins to Watch articles.
Popular trading platform Robinhood unveiled on Thursday the launch of crypto transfers. The new feature will allow Robinhood users to send and receive Bitcoin and a plethora of other supported cryptocurrencies directly on the blockchain.
Key takeaways: ParallelChain has launched Testnet 2, taking another step on the roadmap to their mainnet launch Testnet 2 features a redesigned SDK and an expanded REST API The ParallelChain mainnet launch is expected to happen in Q4 2022 ParallelChain launches Testnet 2 featuring “dramatic” improvements The ParallelChain blockchain project has launched their second testnet,…
Social media giant Reddit announced on Thursday the launch of so-called Collectible Avatars. Although the social media platform completely omitted any kind of NFT-related terms in its blog post, the newly-launched collector’s items are still image-based, blockchain-powered collectibles that are not fungible – in short, they are non-fungible tokens (NFTs).