Daily Crypto NewsEDITION #579, 30 August 2022

Stable system = stablecoins!

Hey Moni Maker 🧛‍♀️

Today is International Whale Shark Day. Have you ever wondered about it? About how the whale shark lives? What does it like to eat, and what doesn't it like to eat? How does it relate to other whale sharks? Probably... never. About the same way other people think of us. Never. So if you want to create your web3 project, start a crypto channel, or make your NFT collection, but you're afraid of judgment and failure, forget it. You're a whale shark.
 

Let’s go!

We usually try to skip such news, or "print" them in the #GemNews column, but, for some reason, this particular one seems crucial. Long story short! 

The Argentine authorities announced that from now on, citizens could pay taxes in crypto, namely in stablecoins. 

Payment options: Tether USDT and DAI from MakerDAO. 

Payment flow: you fill out a document, get a QR code, pay with your wallet - that's it, you've paid, well done. 

Well, Mr Bukele, meet your new web3 fren. And the mass adoption is running even among bears' growls. Great day!  

Hard Cap is a maximum fundraising goal that crypto startups can receive from investors on ICO/IDO/IEO and etc. Fun fact – there was no hard cap on Ethereum ICO.

And more you can find in our Glossary!

– "Small cryptocurrencies are like penny stocks" - Jordan Belfort, The Wolf of Wall Street

– Microsoft Gaming CEO says many gamers don't like metaverse

– Dubai regulators have ruled out mentioning revenue guarantees for crypto-assets in advertisements

– Bored Apes Yacht Club's NFT collection will get its Web-3 social network

– Ava Labs CEO denies CryptoLeaks allegations of conspiracy with lawyers to pressure competitors

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