Lanzadera includes startups and projects focused on blockchain technology, Artificial Intelligence and metaverses in its acceleration budget for 2022. These and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
Cryptocurrencies and altcoins
📍Cryptocurrency market recovers and Bitcoin surpasses $43.000 again. At the time of writing, the price of Bitcoin is above $43.700 per unit, showing a 2,3% recovery in its value in the last 24 hours. Other cryptocurrencies on the market, such as ETH, BNB, XRP, DOT, MATIC and THETA, show a similar recovery, growing between 2% and 4% in the last few hours.
LUNA, SHIB, CELO, DOGE, and ADA are leading the crypto market recovery, with growth between 8% and 15%. DeFi tokens such as LINK, AAVE, UNI, and GRT have started to grow in the last hour; while tokens associated with NFTs and metaverses, such as AXS, SAND, MANA, FLOW, GALA, ENJ, MBOX, and YGG, have grown up to 9% in the last few hours. With these returns, the crypto market currently exceeds $2,19 trillion in capitalization.
Bitcoin and Blockchain Adoption
📍For the founder of the advisory company Edelman Financial Engines, Ric Edelman, Bitcoin is not going to disappear and Americans will continue to drive its adoption. Ric Edelman said during a interviewilonged on CNBC that, contrary to what some think, Bitcoin is not going away, but rather will continue to gain popularity globally. According to Edelman, author of several books on personal finance, the adoption of Bitcoin (BTC) In the United States, it could grow exponentially, reaching a third of the country's population by 2022.
“We’re already at a quarter of that number, with 24% of Americans owning Bitcoin. It won’t be that hard to get to a third. Bitcoin is becoming more and more popular.”
📍“Bitcoin Legal Defense Fund”, Jack Dorsey’s fund to protect Bitcoin developers. Former Twitter CEO and Block (formerly Square) CEO Jack Dorsey announced the launch of a new legal fund, called the “Bitcoin Legal Defense Fund,” which will be dedicated to protecting and defending the developers of Bitcoin, the world's most important cryptocurrency and one of the greatest technological innovations in history. Dorsey explained The Bitcoin Legal Defense Fund, a non-profit organization, will be tasked with safeguarding the integrity of developers who are actively working on Bitcoin code but are being subjected to litigation and various threats that discourage their current work. The former Twitter CEO stressed that the new legal fund will offer advice and protection free of charge and voluntarily.
NFT and DeFi Markets
📍Lanzadera includes blockchain, artificial intelligence and metaverses in its 2022 acceleration program. The Spanish project incubator and accelerator, Lanzadera, is allocating part of its budget this year to promoting new companies and projects focused on blockchain technology, Artificial Intelligence and metaverses; three of the most important technologies currently being developed and which are digitalizing the entire world. Since 2013, Lanzadera has allocated 20 million euros to promoting and accelerating 900 startups.
📍YuzuSwap, the first DEX on the Oasis Network, surpasses $100M in TVL on its first day. On their Twitter account, the developers of the decentralized exchange platform YuzuSwap, the first to be implemented on the Oasis Network blockchain, celebrated one of the biggest milestones of the ecosystem so far. In just 13 hours, the total value locked or TVL within the exchange has reached XNUMX million. DEX exceeded $100 million, highlighting the interest of users and investors in DeFi ecosystem products.
📍dYdX aims for decentralization to ensure its future. Ethereum-based decentralized exchange dYdX is betting on its complete decentralization to guarantee its future. Through a official statement, the DEX developers reported that dYdX will prioritize the launch of its v4 version, which will be available later this year. The new version will allow the exchange to be an open-source DEX and to be completely decentralized. In this way, dYdX will guarantee transparency, security, fairness, and equal opportunities to its thousands of users.
Rules and Regulations
📍The Hong Kong Monetary Authority (HKMA) invites the crypto community to discuss the regulation of the industry. In a Valid identity document Released on Wednesday, the Hong Kong Monetary Authority (HKMA) invited the crypto community and stakeholders to an open debate to discuss regulatory issues regarding cryptocurrencies and stablecoins. As reported, the regulatory approach being taken by Hong Kong's financial regulator is targeting stablecoins as a means of payment and value exchange. The HKMA wants to minimize the potential risks that exist within the crypto industry, amidst increasingly accelerated and exponential growth.
Continue reading: Associated Press to launch Polygon-based NFT marketplace to trade historical photographs
