But what if we look to individuals, such as, say, the dozens of Russian oligarchs who now find themselves on the Treasury Department’s Office of Foreign Asset Control’s Specially Designated Nationals list? Surely, they will be turning to crypto to evade sanctions; ri–no, wait, it seems that they, too, are not using crypto in any appreciable scale at this time.
Los cubanos no tienen Visa ni Mastercard, pero cuentan con PayWithMoon, plataforma que les permite cargar una tarjeta prepaga virtual con bitcoin (BTC). No pueden usar bancos, pero encontraron en bitcoin un banco que no requiere intermediarios y que funciona entre individuos. No son aceptados por Stripe, la omnipresente red de pagos por internet, pero pueden hacer transferencias en segundos a través de Lightning Network.
“Please be informed that Lending is no longer supported in your jurisdiction. For this reason, we are required to cancel your current loans,” the exchange told two customers, one French, one German, via emails reviewed by CoinDesk. Neither had lending accounts open with the company, they said.
“We don’t care if what you’re doing is forming a proposal, voting, generating fees, defining roles, resetting network variables, forming a partnership with another DAO, or signing a contract,” McCurley explained in an interview. “With our module interface, you can create any specific functionality like that, and MVD will translate it effectively into smart contract operations.”
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which Terra-based coins you should be looking out for in 2022.
But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down.
Next up, the main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which Terra-based coin has the most explosive potential. Will it be Bourgi’s pick of StarTerra, which capitalizes on blockchains’ biggest trends — play-to-earn, nonfungible tokens (NFTs) and staking — basically combining multiple multibillion-dollar industries?
Bringing his pick to the table next is Yuan with Loop Finance, which aims to launch the world’s first decentralized finance NFT marketplace that will include NFTs linked directly to DeFi protocols such as Anchor Protocol? It will also launch a content creation platform where creators will be rewarded in LOOPR tokens for creating quality crypto content. There is a lot happening with the project, but will it be enough to win the votes of the audience?
Lastly, we have Finneseth with his pick of Mirror Protocol, which is currently the sixth-ranked protocol by total value locked on Terra, with $594.63 million locked on the protocol. Assets on the protocol “mirror” versions of real-world assets by reflecting the exchange prices on-chain. These assets include Apple, Airbnb, Amazon, Microsoft, PayPal and Tesla stock along with major cryptocurrencies. It seems like a clear winner, but you’ll have to wait and see.
After the showdown, we’ve got insights from Cointelegraph Markets Pro, a platform for crypto traders who want to stay one step ahead of the market. The analysts use Cointelegraph Markets Pro to identify two altcoins that stood out this week: Anchor Protocol’s ANC and Waves WAVES.
Do you have a question about a coin or topic not covered here? Don’t worry. Join the YouTube chat room, and write your questions there. The person with the most interesting comment or question will be given a free month of Cointelegraph Markets Pro, worth $100.
“The Market Report” streams live every Tuesday at 12:00 pm ET (5:00 pm UTC), so be sure to head on over to Cointelegraph’s YouTube page and smash those like and subscribe buttons for all our future videos and updates.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
@2022 CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
@2022 CoinDesk
Blockmetrix plans to grow rapidly by using the maximum amount of available capital and debt to buy mining rigs, while controlling power costs through various joint ventures, CEO and co-founder Nevin Bannister told CoinDesk. “Through [joint ventures] we will obtain part-ownership of a co-location facility to ensure low power rates and a place to house our bitcoin miners,” he said.
Proceeds from the collection will be donated to Red Cross Ukraine and UNICEF. The collection, titled “Vandalz for Ukraine: WhIsBe x Wladimir Klitschko,” was made in partnership with artist WhIsBe, and will be available to mint in a tiered pricing model for $100, $1,000 and $10,000.
“Those that had bet against the metal’s rise in value have now been forced to buy at a much higher price, creating a short squeeze,” explained Susannah Streeter, an investment analyst at Hargreaves Lansdown, in an email to CoinDesk. “It’s likely a big margin call prompted the suspension of trading, with sharp gains forcing speculators to scramble for additional capital to put into accounts to cover the shortfall.”