Daily Crypto NewsEDITION #461, 12 May 2022

USDT, are you next?

Hey Moni Maker 🏄‍♂️

Today, in 2017, WannaCry was born. It was a ransomware virus that was taking out Windows and, at the same time, hurt a bunch of corporations, breaking logistics and people's way of life. At the time, many experts said WannaCry could destroy our digital world, and...what? We are alive. So even in the current market, it's worth believing in the best; it's sure to come. 

Let's go!

The crypto streets are screaming about the USDT unpeg. Well, USDT is Tether's stablecoin pegged to the dollar. 

So yesterday, it started to falter, and today it lost 5% of its value, dropping to $0.95 apiece. 

What to do?!  

- Don't panic. USDT has been through worse times, full of FUD and litigation

- We don't advise anything, but you always have BUSD and USDC :) 

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You play Legends of Listeria; you win cups. You reply with a screenshot of the results to Realis tweets. On Sundays, you draw 777.7 LIS tokens. It's the best on the bear, isn't it? 

Questions? Go here - @RealisENG

US adult exchange Coinbase, the post-IPO adult exchange, has released a quarterly report. In addition to the New York Attorney, it is also being closely watched by the crypto public and investors, ofc. Let's take a look!

- The company's shares have gone into a 70% dump since March 

- Revenue down 27% year-on-year 

- Net loss was $430,000,000 in the first quarter

- Trading volume dropped from $574b to $309b

However, the exchange management doesn't care much and reports that crypto is a long term asset and should be considered due to its high volatility. 

ERC-1155 is a token standard that supports non-fungible (NFT) and fungible tokens. It is faster and more efficient for batch transfer tokens. It was developed by Enjin. ERC-1155 can use a single contract to implement different types of NFT

And more you can find in our Glossary!

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