Today, in 1795, France introduced a new currency, the franc. You can probably see for yourself how difficult it is to make any currency official at the national level. There's so much bureaucracy! Fill out this paperwork, get permission...brr... Cryptocurrencies are trying to bypass the bureaucratic machine as much as possible, simplifying the interaction with money. The choice of a candidate for a new state currency is obvious.
Let’s go!
How do we start this week? With Do Kwon's interview? With the new Axie Infinity update? With the Acala situation review? Nah, let's write big articles about them and put them in #GemNews. So we start with the doggies, so to speak.
Over the weekend, specifically yesterday, the dogs started barking. SHIB has gone to $0.000017, making almost 40%. And DOGE went to $0.084, making almost 10%. Coins are now at $0.000016 and $0.077233, respectively.
SHIB has not seen such a price since May. DOGE has fallen so far; we watch. In general, let's share what coins you keep in your portfolio. You may send me the watchlist right away.
And you can always make a watchlist in Moni: iOS / Android
The Honzon protocol in Acala has been hacked. Hackers made 1b of aUSD tokens, thereby crashing the price.
We are waiting for more details. Be careful, please.
Hot Wallet is an online wallet that allows user to store, send and receive coins and tokens. Hot wallets have public and private keys and requires to write down and remember your seed phrase consisting 12 or 24 words. Great examples of hot wallets are: Metamask, 1inch wallet, Rainbow and Argent.
And more you can find in our Glossary!
– According to MakerDAO founder, they should depeg DAI from the Dollar
– Ethereum Classic reaches $42.29 per token
– Blackrock's launch of Bitcoin pushes its price to $25,000
– Ethereum 2.0 deposit contract exceeds 13.2 million ETH
– Stocks of mining companies have doubled
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