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👌 TON reduced commissions by 2.5 times
Today the team rolled out an update (https://twitter.com/ton_blockchain/status/1783164553078968459) that focuses on scalability and accessibility of the TON network.
Introduced:
▪️ Discounts on c USDt transactions
▪️ Approved global 2.5x reduction of commissions
▪️ Simplified implementation of smart contracts
Recruiting TON to your portfolio? 🙃
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😨 FUD on Tether (not again, but again)
All the hype is tied up in the fact that if they approve the Stablecoin bill, US banks can break into this race and take a very good position.
🍿 And Tether is likely to stay on the sidelines or at least lose its dominance as financial institutions without a license will be given a $10 billion limit to issue.
One possible catalyst for today's correction 📉
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Crypto speak: Boomercoin
“Boomercoin” is a term used to refer to cryptocurrencies that tend to appeal to older generations. It is believed that such members of the crypto community are most often poorly versed in the nuances of crypto investing.
In short, the term has a pejorative tone. Boomercoins refer to coins that have little or no use and no value. Often, such projects are outright scams, so the term can also refer to fraudulent tokens.
Sometimes, boomercoins are poorly thought-out or overly complex crypto projects without practical use. When people use the term, they’re hinting that the discussed cryptocurrency will disappear sooner or later.
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🪚 Gitcoin passport shaved
Everyone who made Gitcoin passports for zk or other projects - check (https://passport.gitcoin.co/#/dashboard) them again, as the team shaved off points.
There are cases where from 40 points were shaved down to 4 😬
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💡💡💡: Tesla $TSLA reveals none of their $711,050,000 worth of 🥇 Bitcoin was sold in Q1 2024.
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Crypto speak: Wen
“Wen” is just “when” — without the “h.”
In the context of crypto, it’s often used in phrases like “Wen moon?” or “Wen Lambo?” when asking whether the value of a particular cryptocurrency will “fly to the moon” or generate enough profits to buy that coveted Lamborghini.
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The biggest Fundraising Rounds conducted in the last 7 Days
Projects that received the most funding are Puffer Finance ($18M), an Ethereum liquid restaking protocol, Centrifuge ($15M), an RWA tokenization protocol, and Homium ($10M), a real estate equity mortgage lender.
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🇦🇪 United Arab Emirates leads the Middle East in crypto adoption, with 72% of local users investing in 🥇 Bitcoin
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Crypto speak: Probably nothing
“Probably nothing” is a popular term in the crypto community used sarcastically to indicate events or news that may seem insignificant at first glance but, in fact, can have a significant impact on the cryptocurrency market.
Doesn’t make much sense, does it? 😅
Let’s keep it simple: Imagine that tomorrow, the news reports that the U.S. government is officially considering a bill recognizing Bitcoin as an official tender on par with the dollar.
If you’re a crypto proponent, you can tweet the link to this news and sign it “Probably nothing.”
While some may think this news is insignificant, it could be a strong indicator that Bitcoin is on its way to the moon.
In general, “probably nothing” is a way to emphasize the potential importance of certain events or news that may be undervalued or ignored.
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