The country's first Bitcoin school has opened on the island of Roatan, Honduras, dedicated to educating the population about the potential of this cryptocurrency and blockchain technology. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
Bitcoin School in Honduras
📍From workshops to training, the new Bitcoin school in Honduras will promote knowledge about the most important cryptocurrency on the market. The Bitcoin School was launched by the Amity Age project on the island of Roatan, Honduras. Its main objective is to create the first Bitcoin education center in the country, to educate locals and tourists about the enormous potential of this cryptocurrency and the future of money.
According to its creators, the Bitcoin school will offer different workshops and training courses dedicated to educating about Bitcoin, will promote different local activities and will even install a crypto ATM in order to facilitate learning and accessibility to the market-leading cryptocurrency.
Honduras has been pushing new initiatives focused on cryptocurrencies and their underlying technology. This year, the municipality of Valle de Ángeles legalized Bitcoin payments, allowing its businesses to officially accept the cryptocurrency. Likewise, the Francisco Morazán National Pedagogical University announced a project to integrate blockchain technology into its educational processes and the country's Strategic Business Consulting firm developed a project with XRP Ledger The first digital notarization platform of data.
Opera comes to NFTs and Mozilla to the metaverse
📍Web browser Opera is developing a new feature to mint NFTs, while Mozilla has acquired metaverse platform Active Replica. Opera has partnered with the Alteon LaunchPad platform to develop its new NFT feature, which will allow users of the web browser to mint non-fungible tokens on the platform natively.
Susie Batt, Opera’s crypto ecosystem lead, told Cointelegraph that the new feature will allow its users to explore the world of NFTs without any usage fees.
On the other hand, in his blog, the Mozilla web browser announced the acquisition of Active Replica to create new immersive experiences and host engaging virtual events for the entire community.
Trader Joe expands to Arbitrum One, on Ethereum
📍Decentralized exchange Trader Joe's expands into the Ethereum blockchain ecosystem. Trader Joe is a decentralized exchange and automated market maker (AMM) native to Avalanche. Recently, the developers of this DEX announced its expansion to the Ethereum blockchain, integrating with the Arbitrum One scalability solution, which is one of the main sidechains of this blockchain.
Trader Joe's integration into Arbitrum One is part of the DEX's plans to become a multi-chain protocol to expand its innovation to the entire blockchain ecosystem. However, in a release Its development team clarified that Avalanche remains its true home and that its main efforts to boost its growth will be focused on this network.
More than 1 million bitcoins are in the hands of small investors
📍Retail investors continue to accumulate Bitcoin, with the cryptocurrency trading above $17.000. In November, investors holding less than 1 bitcoin (<1 BTC) had added 96.200 new Bitcoin addresses following the collapse of the FTX exchange, Glassnode analysts revealed.
According to the company's data, investors holding less than 1 BTC dominate around 6,3% of circulating supply of the cryptocurrency on the market. Currently, these investors own a total of 1,21 million bitcoins.
At press time, Bitcoin's price is showing growth of around 7% weekly and 2% daily, trading at around $17.260 per BTC, according to data from CoinMarketCap.
Former SEC enforcement officer weighs in on Tether's reserves
📍Tether could be a house of cards, says John Reed Stark, president of John Reed Stark Consulting LLC and former director of the SEC's enforcement office. Following an interview with Reeve Collins, one of the founders of Tether, by CNBC's Squawk Box, the former SEC compliance officer noted that Tether could be a house of cards.
Stark criticized Collins’ responses to questions about Tether (USDT) stablecoin reserves during the Squawk Box interview. In his view, Stark said Collins’ evasion, deflection, and failure to respond to direct questions could indicate that “Tether is running a Ponzi scheme.”
Despite harsh accusations from the former SEC compliance officer, Tether Limited, responsible for issuing USDT, assures that each stablecoin is fully backed. In its latest reportThe company assured that “Tether’s reserves are extremely liquid and the majority of its investments, representing 82% of total assets, are held in cash and cash equivalents and other short-term deposits.”
Continue reading: Garbage dumps are the new trend for Bitcoin miners
Main image of Amity Age
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