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Crypto Industry 🚀

Crypto industry aims to introduce News that have the potential to develop understanding regarding cryptocurrency. Contact us: @davecf

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Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin Latin American crypto services provider Ripio has introduced a stablecoin pegged to the U.S. dollar, in part to offer Argentinians a way of protecting their assets from inflation. Ripio users in Argentina, where annual inflation is running at 115%, are already able to purchase the UXD stablecoin, also called Criptodólar, the company said Thursday. The stablecoin, which is also available in Brazil, is hosted on LaChain, a Latin America-focused layer 1 blockchain launched in June by Ripio in collaboration with SenseiNode, Num Finance, Cedalio and Buenbit, among others. In June, Ripio CEO Sebastian Serrano told CoinDeskTV that despite the bearish crypto context, the use of stablecoins in Latin America is growing and becoming more common. “In response to the complex economic situation facing Latin America, in particular Argentina, we have created Criptodólar: an innovative solution to help individuals combat inflation and protect their assets,” Serrano said in a statement, adding that the company plans to incorporate UXD to its Ripio Card. Ripio was founded in Argentina and also now operates in Brazil, Uruguay, Colombia, Chile, Mexico, the U.S. and Spain, where it recently obtained approval to operate as a crypto exchange. The company has 8 million users and transacts $200 million a month.
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GAIMIN already offers AAA titles like GTAV, MINECRAFT, and RUST, all live and available for play on their gaming platform. Players can download the gaming platform now and share your GPU with GAIMIN to enhance gaming experience. ➡️ https://www.gaimin.gg
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VeChain becomes an official partner of Internazionali BNL d’Italia VeChain recently announced becoming the official partner of the Internazionali BNL d’Italia. The network has entered a multi-year partnership deal with the tennis body. According to the latest post by VeChain, it will play an important part in phygitalizing the IBI 2023 trophies. Set to run from May 8 to May 21 in Rome. This will be the first time trophies will be phygitalized in ATP history. IBI is one of the biggest events in Italy, accruing an average of 500,000 attendees across the tournament. The event will create massive opportunities for VeChain to show its real-world uses. The winners will earn trophies embedded with the power of VeChainThor. The VeChain-powered NFTs will be introduced to worldwide businesses and users via real-world applications. Phygital is a mixture of the words physical and digital. It refers to the process of providing digital identities to physical objects using NFT, NFC, and blockchain technologies. There are innumerable use cases for phygitals, and they are relevant for most industries. For IBI 2023, the NFTs attached to the built-in NFC chip become the proof of ownership. It is immutably assigned to a winner, acting as the certificate of authenticity, removing any chances of fraud. With the act, VeChain is showing blockchain’s capability to deliver unmatched levels of data security. Other than this, VeChain has also made it possible for attendees to win phygital prizes. Users can claim VeAce NFT from the designated landing page once the tournament starts on May 8. VeChain and its partners are helping the general public learn about real-life use cases that can radically modify society. Their collaboration with IBI is the latest example of this approach, showing how VeChain can help even the world of tennis using blockchain.
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Autonomous Secure Dollar (USSD) is a low-risk stablecoin that provides a transparent way to earn more than inflation interest. A new ideal stablecoin? USSD (Arbitrum) is already working as an independent, censorship-resistant stablecoin with no ties to real-world assets - with the opportunity to earn a natural high interest rate (APY 15%+). To enhance the permanent over-collateralization ratio, insurance capital was involved. Disclaimer Before we start, I would like to say that this is a post for smart and critical thinking crypto enthusiasts. If you think that Binance exchange is a blockchain (or crypto or other keyword) and USDT is safe or, acting as mommy nihilists, you reject everything and claim expertise in all, please do not proceed. Anouther thing, USSD smart contracts is already deployed on 12.03.2024, was locked from any changes, and was audited by a famous smart-contract auditor with a high score. No weak ideas and imaginations from fantasists; it is already working. OK, let's continue. Main part Do you know about stablecoins like USDT (Tether), USDC (USD Coin), and UST (from the Terra/Luna project)? USDT and USDC are popular and generally seen as safe options. Yet, there's a risk: the organizations that issue these coins can block certain addresses. If that happens, you might not be able to access your money, which brings up worries about too much power and monitoring by these central authorities. If you believe I'm overreacting or causing unnecessary drama, take a look for yourself here: https://dune.com/phabc/usdt---banned-addresses. Over 1200 addresses have already been banned, involving around 1 billion dollars. What would you do if it happened to you? How can you prove that you are not guilty and your money should be returned to you? UST. How about we explore this fascinating option? UST, from the Terra/Luna project, caught attention by offering high interest rates. However, its value fell sharply to just 2-3 cents. The big issue with UST was the unclear origin of its interest payments. Without a clear and lasting plan for its economy, the reliability of such a system remains doubtful. However, imagine a scenario where there is a solution that allows you to safeguard your cryptocurrency dollars without the risk of being blacklisted by authorities. Also, this solution would enable you to earn interest derived from the natural growth of the crypto market, rather than from an opaque or unsustainable source. David Lee has developed a solution featuring the following: - The Smart Contract is immutable and does not contain any functions for blacklisting. - It boasts a high level of security, having been audited by Hacken with a perfect score of 9.3. - The stablecoin is backed solely by major cryptocurrencies (BTC and ETH), excluding altcoins. - A non-withdrawable Insurance fund ensures permanent overcollateralization for this stablecoin. - USSD holders receive anti-inflation interest, with rewards directly tied to the growth of the crypto collateral - specifically, the increase in value of BTC and ETH within the collateral. This system relies on straightforward mathematics without resorting to unpredictable "black swan" events. No magic interest out of nowhere. Additionally, USSD community is excited to announce the ICEBreaker program. ICEBreaker is a local currency stablecoin franchise for earning where they are seeking other anonymous founders to champion stablecoins in various markets such as KRW, BRL, etc. USSD community is committing a marketing fund to test all promotional ideas. I'm not here to push marketing hype. My goal is to encourage you to think critically and make informed choices. I am ready to share all relevant links and am eager to discuss both the strengths and weaknesses of USSD in our Tg community. What to do next? Let's stand for autonomy and radical transparency. Analyze with a critical mindset. Here is more info about USSD: https://www.ussd.ai/ and https://www.ussd.ai/docs . Ask anything in front of everyone in our community: https://t.me/ussdtalk Author: David Lee
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USDT - Banned Addresses

Blockchain ecosystem analytics by and for the community. Explore and share data from Ethereum, Bitcoin, Polygon, BNB Chain, Solana, Arbitrum, Avalanche, Optimism, Fantom and Gnosis Chain for free.

'Wolf of All Streets' Expects Mainstream Crypto FOMO to Return When DOGE Hits New All-Time High Scott Melker, also known as the “Wolf of All Streets,” has revealed his theory on the potential resurgence of mainstream fear of missing out (FOMO) in the crypto market. He asserted that people seem to forget that the mainstream fervor in the last bull market came through dog coins, like dogecoin, and non-fungible tokens (NFTs).
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🪙 Ethereum’s Dencun upgrade will make DeFi a lot cheaper to use Cancun-Deneb, or “Dencun” for short, contains nine different EIPs, or Ethereum Improvement Proposals. Among them, EIP-4844 is the most highly anticipated. It promises to dramatically cut the costs of interacting on layer 2 blockchains like Arbitrum and Optimism. Layer 2 fees will drop by a factor of 10 after the upgrade. That means swapping tokens on decentralised exchanges, which currently costs $1-2, should fall to around 20 cents, and could even go as low as a single cent on some layer 2 networks like Base.
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📈NFT Gaming Trading 8.7% Higher Shares of The NFT Gaming Company, Inc. (NASDAQ:NFTG – Get Free Report) traded up 8.7% on Friday . The company traded as high as $0.55 and last traded at $6.16. 1,564,381 shares were traded during trading, an increase of 373% from the average session volume of 330,783 shares. The stock had previously closed at $5.67. The business has a 50-day moving average of $0.47 and a two-hundred day moving average of $0.43.
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