Iron Titanium token (TITAN), a decentralized finance (DeFi) protocol, has fallen to near zero. According to coinmarketcap, the token is now trading for $0.000007677, down from yesterday’s all-time high of $52. The fallout has brought the project to its knees.
After the majority of central banks rejected the concept of cryptocurrencies for various reasons, from security issues to implications in the monetary system, now many of these institutes are very interested in creating their own digital currency. Specifically, 60% of the world’s largest central banks are conducting experiments or proofs of concept to make a digital currency , according to a study by the Bank for International Settlements (BIS). SOURCE: Alto Nivel
In a stark warning, the European Central Bank (ECB) said in a report published today that governments that opt out of introducing central bank digital currencies (CBDCs) may face threats to their financial systems and monetary autonomy.
The whole world is experiencing a drastic shift from traditional wallets to digital wallet through digital transformation. A digital wallet holds digital currency as well as a cryptocurrency with advanced blockchain technology. Yes, for beginners it may be difficult to differentiate between digital currency and cryptocurrency. But there are massive differences between these two currencies in the digital wallet.
Cryptocurrencies have gathered the attention of many owing to the huge volatility this novel asset category saw only last week. Now, there are as many as 7000 digital currencies and some seem to have sprung up because of the last crisis, the massive sell-off these currencies are continuing to witness.
Binance Charity has announced the world’s first crypto donation to UNICEF’s role in the global COVID-19 vaccine rollout—the largest vaccine procurement and supply operation ever undertaken. The $1 million crypto donation to UNICEF-Luxembourg will support UNICEF’s role as the key delivery partner for the COVAX Facility, which aims to ensure global equitable access to COVID-19 vaccines.
XRP, the seventh most valuable crypto asset by market value, is currently enjoying high pressure amid recent pullbacks seen in the price of the flagship crypto asset. At the time of writing, XRP was trading at $0.95929 up 38.22% for the day. It was the biggest one-day percentage gain since about 9 weeks ago.
Zugacoin Cryptocurrency, founded by a Nigerian, can now be comfortably used to purchase any type of vehicle, motorcycles, plastics and all the other products under the INNOSON Group anywhere in the world.
The world’s flagship crypto, Bitcoin, is presently on a strong bullish run in regards to breaching another all-time high of $58,400 before pulling back around $ 57,800 as weekly gains of just 20%.
It’s no longer news that the world’s most valuable crypto in recent days has been enjoying a record-buying spree among institutional investors, leading it to break above $1 trillion once again.