Key facts: The “top 3” of countries with the highest adoption of bitcoin is occupied by Ukraine, Russia and Venezuela. The UN sees more risks than benefits in this massive adoption of cryptocurrencies. In percentage terms, Venezuela is the third country in the world with the highest adoption of bitcoin (BTC) and cryptocurrencies. This was reported days ago by the United Nations Organization (UN) through its Conference on Trade and Development, based on 2021 statistics. I agree with you data According to the international organization, 1 in 10 Venezuelans (or 10.3%) owns cryptocurrencies. With a population close to 29 million…
Author: Crispin Castillo
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The economic crisis in the Asian country Sri Lanka is capturing the eyes of the entire world and the community of the blockchain ecosystem is proposing some solutions for a country in which violence and political chaos have been unleashed. Given this, Justin Sun, founder and CEO of the Tron network said he had some ideas to get the island nation out of bankruptcy and mentioned a Decentralized Autonomous Organization (DAO) as part of it. Since many people are wondering what to do in a country adrift, Sun wrote on Twitter: “Sri Lanka is officially in DAO mode”, referring to…
KuCoin, the world’s leading bitcoin and cryptocurrency exchange, has released its semi-annual report highlighting key metrics and achievements for 2022. The report delves into both market performance and the development of innovative products aimed at cementing the exchange’s position in the decentralized asset market. The report indicates that the number of registered users on the platform exceeded 18 million and the global employees are more than 1,000. This, in part, was a result of funding KuCoin received in a pre-Series B round. Funds raised were $150 million from Jump Crypto, Circle Ventures, IDG Capital, and Matrix Partners, raising its valuation…
Key facts: The exchange has not announced an official closure but users cannot withdraw money. Social networks, the app and the 2gether website are blocked. Faced with the probable closure of the Spanish bitcoin (BTC) and cryptocurrency exchange 2gether, organizations in defense of users and consumers in Spain call on those affected to organize and take action. On this subject, the Association of Consumers and Users of Banks, Savings Banks, Financial and Insurance Products (ADICAE) posted a tweet this July 8 calling 2gether users to organize to demand a global and agile solution. A similar publication was made by the…
The co-creator of Ethereum, Vitalik Buterin, considers that there are many projects with potential in that network that have not grown enough due to high fees. This Russian-Canadian developer believes that if fees are lowered, “soul” tokens, account abstraction, social recovery wallets, ENS domain service, Ethereum logins, Proof of Humanity, and more could grow. reputation systems. In a recent Ethereum Foundation AMA (Ask Me Anything) session, Buterin highlighted that the EIP-4844 of the Proto-Danksharding together with the growth of second layer solutions such as rollups, it will lower commissions. For him, “many of these applications have been too expensive for…
The relevance of Bitcoin technology in the world of NFT art is one of the points highlighted by Mexican artist and developer Gus Grillasca. He, along with a group of artists and collectors, were panelists at the conference “Blockchain, NFTs and metaverses: experiences in Latin America”, within the framework of the Blockchain Summit LatAm (BSL). Gus, a pioneer in the creation of NFT art in Latin America, placed special emphasis on the importance of the immutability that a work of this type can count on. The artist, to exemplify his point, compared NFTs to art in the physical world using…
In this tutorial we will guide you step by step so you can stake the Ethereum 2.0 network in the Lido pool. The objective is to generate profitability in ether (ETH), the Ethereum cryptocurrency. For those who do not have 32 ETH, which is the amount required to run their own validator node and directly stake, there are pools and Lido is one of them. This pool does not impose a minimum deposit or require registration or identity verification. Ethereum 2.0, or consensus layer as it is called by the developers, is the new update ethereum network. In this, mining…
Key facts: Bitcoin price broke above the $22,000 resistance for a bit after 25 days. Although it seems like a positive move, analysts warn that it could push prices lower. The price of bitcoin (BTC) momentarily surpassed the resistance of USD 22,000, a figure that had not traded for 25 days. This reflects an increase in demand, which raised the enthusiasm of some investors. Although specialists warn that this rise does not mean that the crypto winter is over, so we could see lower prices. Trader Eduardo Gavotti told CriptoNoticias: “I wish I could say when the crypto winter will…
Key facts: For Georgieva, the world economy has “significantly darkened.” There are those who believe that the recession is already under way. The world economy is at serious risk of entering a recession, as recognized by the director of the International Monetary Fund (IMF), Kristalina Georgieva. In her assessment, the economic outlook has “darkened significantly” and hence the current risk. Georgieva considered that those prospects have worsened especially since last April. Thus, He assured that he is not in the capacity to rule out a world recession next yearaccording to statements to the news agency Reuters. “The outlook since our…