Author: Donald Munn

Argentina, a country that has long grappled with serious problems of high inflation, is considering using Bitcoin specifically to curb an inflation rate that seems unstoppable.  Argentina looking to Bitcoin to combat inflation Argentina tries to fight inflation with Bitcoin The role of Bitcoin as an inflation anticipator has long been debated. In many countries where inflation seems out of control, Bitcoin’s adoption rate is steadily rising. In July, an Argentinean MP, José Luiz Ramon presented a bill to introduce the payment of salaries in Bitcoin and cryptocurrencies. In August, it was the country’s president Alberto Fernandez himself who said…

Frax Finance, the DeFi project, will soon launch Frax Price Index (FPI): the new inflation-pegged stablecoin. The new token tracks the US Consumer Price Index (or CPI), using oracle data from Chainlink.  Frax Finance and FPI, the rise of inflation in recent months Frax Finance announces FPI, the new algorithmic stablecoin anchored to American inflation According to reports, Frax Finance is the Decentralized Finance (DeFi) project that will soon launch Frax Price Index (FPI), the new inflation-anchored stablecoin that tracks the US CPI.  Specifically, the tracking will be done using oracle data from Chainlink, and each month will see an…

Russia has enacted a bill to authorize the use and trading of crypto, with an unexpected ban on stablecoins.  The first steps towards crypto and stablecoins Russia’s first steps towards crypto, with an unexpected ban on stablecoins Since the beginning of the conflict between Russia and Ukraine, cryptocurrencies have played an important role on both sides of the conflict.  While Ukraine has been lining its pockets with crypto funds for food, ammunition, clothing and medicine, Moscow has been able to stem international sanctions and initiate new commercial transactions in Bitcoin with some African countries.  A month ago, the Kremlin’s deputy…

PRESS RELEASE This year, BlockDown will focus on the exploding phenomenon of Web3 — widely seen as the next evolutionary phase of the internet — with a particular focus on the metaverse, NFT’s, Gaming and how DAO’s will play an increasingly large role in our lives, how we work, play and socialize. Experience blockchain & Web3 like never before NFTs will function as tickets for the festival, and will unlock an array of experiences among the event’s many “realms” — areas of the festival with their own look and feel, whether futuristic and cyberpunk-esque or a mystical “fairy forest”.  Dotted…

OVR, the metaverse on blockchain renamed OVER, has announced a new partnership with Wine Bottle Club, an NFT club of fine wines.  To celebrate the partnership, OVER will be giving away 1 NFT, 3 whitelisted spots for the next NFT drop and 350 OVR to 1 lucky participant! OVR and Wine Bottle Club to bring wine NFTs to the OVER Metaverse OVR together with Wine Bottle Club to bring wine into the metaverse in the form of NFT OVR announced on its social channels that it has just closed a partnership with Wine Bottle Club.  2) To participate: Like and…

Derivatives such as crypto options and futures offer speculators the opportunity to hedge against losses in the value of NFTs. Using Ethereum as a reference market value, it is possible to use derivative financial products of ETH to offset the risks arising from the possible loss of value of NFTs.  Indeed, the NFT market is often based on exchanges that take place in Ethereum (ETH), as many of them are in fact tokens based on this blockchain. Since NFTs are usually sold in Ethereum, their value can be expressed in dollars, or other fiat currencies, but is often calculated and…

Until 2019, like any self-respecting safe haven asset, Bitcoin had no correlation with the markets – or rather it was the opposite when considering the Nasdaq index as a benchmark.  When the stock dropped, the cryptocurrency went up and vice versa. This enhanced the idea that the currency could be placed alongside gold as a safe haven asset. However, since January 2010, more and more investors have seen cryptocurrencies as a financial instrument on which to speculate for an easy short-term return. This modus operandi does away with the protectionist vocation of the currency asset.  How does Bitcoin perform against…

Metaverse Ecosystem Development & Investment Conference-Asia Station will happen on 24, 25, 26 May 2022 online, organized by the Metaverse Club. What awaits you at #Asia Metaverse Ecosystem and Investment Conference? Three half days of priceless content and interactive networking with over 5,000 participants await you. Don’t miss a chance to listen to words of wisdom from 45+ expert speakers. Meet industry leaders and investors, learn about the latest blockchain games, NFTs, DeFi and technology products and services in Metaverse. Find investment and PR opportunities in the Asia Pacific market. Hang out with peers and much more. Topics Framework Featured Speakers More than…

When speaking of hard forks, soft forks or sidechains, we generally refer to forks in the chain that are in some ways similar, but in reality quite different. Hard fork, soft fork and sidechain, the differences Blockchain, the main differences between hard forks, soft forks and sidechains A fork, or bifurcation, occurs when a chain splits. Blockchains are in fact chains of blocks chained together, i.e. each linked to the previous and the next.  Sometimes, for various reasons, it can happen that a block has two different successive blocks that are not connected to each other. From each of these…

PRESS RELEASE European Blockchain Convention 2022, which will be held on 26-28 June at 5-star hotel Hyatt Regency Barcelona, will welcome 1.000+ attendees at what is the largest edition since the event was launched in 2018. The European Blockchain Convention 2022 returns to Barcelona The three-day event will feature more than 100 exceptional industry experts across a variety of panels, keynotes, workshops, and fireside chats. Confirmed speakers include: Daniel Leon (Founder & Chief Strategy Officer, Celsius Network) Sebastien Borget (Co-Founder and COO, Sandbox) Andra Georgescu (Co-Founder, Distrikt) Francisco Maroto (Blockchain lead, BBVA) Rupertus Rothenhaeuser (Chief Commercial Officer, BitMEX) Laurent Perello…