πŸš€ Tanzania may be the next El Salvador πŸš‚

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πŸš€ Tanzania may be the next El Salvador πŸš‚

BTC needs to go green, Geckos!

 

Resident crypto meme lord, Elon Musk has clarified Tesla's stance on accepting Bitcoin (BTC) payments.


Musk tweeted on Sunday:


"When there's confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions"


However, it is still uncertain how Tesla will verify the threshold has been met, especially when there is still an ongoing debate on the methodology for calculating green energy consumption.


In today's news, Unbound Finance raises $5.8M, the SEC is focussing on non-crypto things, and Tanzania may soon follow El Salvador.

 

Read on!


The Polygon ecosystem is a protocol and framework for building and connecting Ethereum-compatible blockchain networks. Its growing popularity makes it clear that there is a need for cheap and ultra-fast transactions.

 

Join us as we take a deep dive into the Polygon ecosystem with Arjun Kalsy (VP Growth at Polygon), Marc Zeller (Integration Lead at Aave), and Sameep Singhania (Founding member of QuickSwap).


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24h Hot Searches Worldwide πŸ‘€

  • WaultSwap                    (-10.3%)

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  • Polygon                          (+5.9%)

  • Binance Coin                 (+6.4%)

  • Shiba Inu                        (+9.1%)

  • Cardano                         (+4.8%)


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Cryptoassets are highly volatile unregulated investment products. No EU investor protection. Your capital is at risk.

A New Stablecoin is Coming to Town

 

Unbound Finance, an upcoming decentralized cross-chain stablecoin, has just raised $5.8M from their fundraising event.


Investors include top crypto VCs such as Pantera Capital, LD Capital, CMS Holdings, GenBlock Capital, and Brilliance Ventures.


Unbound will be a liquidity provider that accepts LP tokens as collateral; in return, the lender receives the native stablecoin UND.


AltcoinBuzz

The SEC is Looking at Other Things for Now 

 

For some reason or another, crypto was not explicitly mentioned at all on the SEC's recently released regulatory agenda.


Despite Gary Gensler's remarks on strengthening crypto regulation, the SEC appears to be focussing on special purpose acquisition companies (SPACs).


However, legal pundits have pointed out that their many areas of consideration may eventually lead to conversations on digital assets.

 

Decrypt

After El Salvador, Tanzania is Next
 

Earlier today, the president of Tanzania, Samia Suluhu Hassan has urged the country's central bank to begin exploring crypto assets.


Hassan stated that "We have witnessed the emergence of a new journey through the internet." and emphasized the need for being prepared.


While African legislators have been slow to recognize the crypto economy, the region has one of the highest P2P Bitcoin trading volume in the world according to Useful Tulips.

 

Cointelegraph

Proof-of-Developer (PoD)

 

Proof of Developer was a mechanism that was spearheaded back in 2014 as a means for cryptocurrency and ICO projects to verify that they are actively managed by a developer(s). This concept was created at a time when issues of pump and dump altcoins and ICOs were rampant. Where scammers were reportedly copy-pasting codes from existing cryptocurrencies to market and sell for quick profits.

 

Learn about other Crypto terms here


While few algorithmic stablecoins such as Frax Finance (FXS) have undoubtedly proven it is here to stay, another sleeping giant has not garnered the same attention in the community. We are, of course, talking about TerraUSD (UST).

 

Let our analyst, Ben take you on an interstellar journey into UST and the Terra ecosystem.

NFT of the Day πŸ–Ό️

SOUL

Artist: Kidmograph

Gallery: MakersPlace


Soul is the third piece of the triad <MIND BODY SOUL>


The concept of this series surrounds the endless transformations between humans and their primitive representations.


The simplest sacred geometry. SOUL(Triangle)

 
Check out other NFTs on CoinGecko

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