Messaging platform Telegram has launched a feature that allows its users to make and receive payments with the Toncoin cryptocurrency without leaving the application. This and more news in this practical summary daily so that you are always informedwith events most latest that occur within the crypto world.
Cryptocurrencies and stablecoins
📍Telegram has launched a new payment feature with the Toncoin (TON) cryptocurrency. The Telegram messaging application, with more than 550 million registered users in the world, enabled a new function that allows you to receive and make payments with the Toncoin (TON) cryptocurrency without leaving the chats.
The new feature, called MyWallet, also allows you to buy Bitcoin from the app, as reported by the TON Foundation, which currently develops the cryptocurrency, to CoinDesk.
Toncoin (TON), which began development in 2018, was run by the Durov brothers, the founders of Telegram. However, a lawsuit by the United States Securities and Exchange Commission (SEC) caused the platform to abandon the project in 2020, leaving it in the hands of its own community, which created the TON Foundation to continue its development.
Bitcoin and Blockchain Adoption
📍Faustin-Archange Touadéra, president of the Central African Republic, assures that Bitcoin “is universal money.” The president of the Central African Republic reaffirmed that the country has become the second nation in the world, after El Salvador, to make Bitcoin its legal tender.
On his Twitter account, Faustin-Archange Touadéra, pointed out that mathematics is the language of the universe, therefore, Bitcoin is “universal money.”
📍One of the largest investment banks in the world now offers loans in Bitcoin. Goldman Sachs, considered one of the largest financial and investment banking groups in the United States and the world, has opened a line of credit backed by Bitcoin for its clients. According to Bloomberg, which reported the news, the bank wants to accelerate Wall Street's adoption of Bitcoin and cryptocurrencies by offering cash loans collateralized by bitcoin.
The American investment bank began offering access to cryptocurrencies this year, through the digital asset investment firm Galaxy Digital, with which it also carried out its first Bitcoin transaction in the OTC market.
NFT and DeFi Markets
📍Cryptopunks, World of Women, MoonCats and other NFTs donated to Ukraine on their new website. The Ukrainian government has designed a donation website where you can receive NFTs.
To date, according to the portal, Ukraine has received 6 NFTs from important collections such as Cryptopunks, World of Women (WoW), MoonCats, and even an NFT from Time magazine. In total, the NFTs that the Ukrainian government has received are valued at 152 ethers (currently about $447.200). These NFTs are auctioned through the Opensea marketplace platform.
The new NFT donation portal is another attempt by the Ukrainian government to raise funds from the crypto industry, although its central bank recently announced a restriction on the use of its national currency, the hryvnia, for the purchase of Bitcoin and others. cryptocurrencies.
Metaverse and Play to Earn Games
📍Sky Mavis will reopen Ronin Bridge and announces profound changes to its organizational structure. The company Sky Mavis, which develops the popular blockchain game Play to Earn Axie Infinity, has published a post-mortem report with more details about the hack suffered at the end of March in Ronin Bridge, announcing important changes to guarantee its security in the future.
In the report, the company details that Those responsible for the hacking of more than 600 million dollars to Ronin Bridge have already been identified by the FBI and that the company continues to work to restore funds to affected users. Secondly, it details that it has hired several cybersecurity experts, has significantly increased the number of validation nodes on the Ronin Network, is implementing new and stricter internal processes, and most importantly, creating a zero trust organization to guarantee their security and prevent future attacks like the one that occurred last month from taking place again.
On top of all this, Sky Mavis also reported that its cross chain bridge, Ronin Bridge, is currently being redesigned and could possibly reopen next month. “If all goes as planned, the bridge will reopen in mid to late May”, the company said in the report.
📍Millennium Hotels and Resorts launches into the Metaverse. Singaporean luxury hotel chain Millennium Hotels and Resorts, listed on the London Stock Exchange, is launching on Decentraland, one of the most popular blockchain metaverses on Ethereum.
As reported by Forbes magazine, the hotel chain will open a virtual headquarters in the metaverse next month. Likewise, Regal Hotels Group, one of the largest hotel groups in Hong Kong, is following in the footsteps of its counterpart, approaching The Sandbox metaverse, also based on Ethereum, to build “the first green metropolis in the metaverse,” as reported in Twitter.
Innovation, Development and Technology
📍Pyth Network is Solana's new “Chainlink”. The Pyth Network blockchain oracle solution, based on the Solana blockchain, is gaining popularity among projects that need to integrate trusted external data into the blockchain. On Twitter, its developers recently reported that this Oracle solution has been implemented by 7 new companies, including Blockdaemon, Figment and Coinbase Cloud.
Cybersecurity
📍DeFi protocol Deus Finance loses another $13 million in its second hack this year. Just a month after being hacked, the decentralized finance protocol Deus Finance fell victim to a hack again. This time, for $13,4 million, according to first reports from the cybersecurity firm PeckShield.
Continue reading: Riot Blockchain to boost Bitcoin mining by adding 1 GW of power from Texas
