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Tether is proud to announce that we have completely eliminated commercial paper from our reserves. This is evidence of our commitment to back our tokens with the most secure, liquid reserves in the market. Tether has eliminated over $30 billion of commercial paper without any losses, a proof of how Tethers’ reserves are conservatively and professionally managed.” Commercial papers are unsecured promissory notes issued by large institutions to obtain funds for short-term debt obligations. Tether planned to completely do away with its commercial paper holdings by October to early November this year as part of an ongoing effort to increase transparency. “Reducing commercial papers to zero demonstrates Tether’s commitment to backing its tokens with the most secure reserves in the market. This is a step towards even greater transparency and trust, not only for Tether but for the entire stablecoin industry.” Tether is replacing its commercial paper holdings with other assets. The stablecoin issuer says that in the last quarter alone, its exposure to U.S Treasury Bills has increased by over $10 billion. “This announcement further ensures that Tether has a diversified portfolio with limits to exposure to higher-risk assets. It demonstrates Tether’s commitment to lead by example, as part of our ongoing push toward increased transparency for the stablecoin industry.”

What Is a Blockchain? A blockchain is a distributed database or ledger that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party. One key difference between a typical database and a blockchain is how the data is structured. A blockchain collects information together in groups, known as blocks, that hold sets of information. Blocks have certain storage capacities and, when filled, are closed and linked to the previously filled block, forming a chain of data known as the blockchain. All new information that follows that freshly added block is compiled into a newly formed block that will then also be added to the chain once filled. A database usually structures its data into tables, whereas a blockchain, as its name implies, structures its data into chunks (blocks) that are strung together. This data structure inherently makes an irreversible timeline of data when implemented in a decentralized nature. When a block is filled, it is set in stone and becomes a part of this timeline. Each block in the chain is given an exact timestamp when it is added to the chain.

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Hi, how are you guys? I wish very well. More a weekend come, the time is runing so fast, many projects apear but today i want to speak about Block Chain Monster Hunt, a very nice NFT project wish i dont know why nobody on!! Though the token is bellow than other new games, he is estable for more than one year, with continues updating, market (player to player), that you can to play to make money, independent of the token, only with the sell of NFTs...On top of that it's a beautiful game, pokemon style with beautiful graphics!!!! In the end, I feel that this eagerness to find new games makes us forget about some good initiatives like this one. That way, which project will stand, not even the best ones, as those will also be swallowed by this hunger for releases. Respect, it's nice to have good releases, but not all of them are good or reliable and I think we should value those who continually strive, reinventing themselves. Block Chain Monster Hunt, was one of the first projects with multiple chain of networks, it runs on polygon, on binance smart chain, ethereum and others, you can still make the bridge between them, so... Think about it and if you want know better I'll leave the link below, enjoy it because it's very cheap to enter and the team is active, keeping the game updated with news, which can make it come back to the top of the games. For me, it's not an investment tip, it leaves nothing to be desired in relation to some new games and it's already been around a year!https://bcmhunt.com/code/9VIZ5UH93C12

What is ROBINHOOD? He is a fictional character who helps the poor taking the wealth of corrupt rich. What is WIKiBIT？ WikiBit is an authoritative blockchain exchange-token-project information query, word of mouth query, complaint and rights protection, risk exposure, and credit evaluation service platform.

Historically, DOGE price behavior has tracked sentiments in Musk's tweets about the memecoin. While largely positive, with some tweets sending the memecoin rocketing by 20% to 85%, other tweets have resulted in bearish price behavior. In Feb. 2021, the price of DOGE fell 20% following Musk's criticism that the memecoin was concentrated in the hands of a few followers. Dogecoin's price is currently down more than 91% since it hit its all-time high back in mid-2021/Facepalm/Facepalm/Facepalm. Since it doesn't have any notable intrinsic value and its popularity largely determines its worth. mooers, what do you think of this memecoin?

It has been quite some time since the launch of the much-awaited Terra Classic [LUNC] 1.2% tax burn protocol, which according to many had the potential to change LUNC’s fate in the long run. To date, more than 18 billion LUNC tokens have been burned, which accounts for over 0.268% of the token’s total supply. Interestingly, over five billion tokens have been burned with tax, which is a positive sign that the burn protocol is working properly. Another major piece of good news came in for LUNC last month when Binance announced that it would also implement the 1.2% tax burn protocol. Binance stood up to its commitment and, by far, burnt over eight billion tokens alone. Despite all of these positive developments, things didn’t look good for LUNC, as according to CoinMarketCap, LUNC was down by over 6% in the last week. At press time, the altcoin was trading at $0.0002792. Despite the sluggish performance, surprisingly, several on-chain metrics were in favor of LUNC and indicated a possible uptick in the coming days.

The XRP price has fallen by 7% in the past 24 hours, dropping to $0.452427 amid a generalized fall in the wider cryptocurrency market. Its current price means that it has also declined by 8% in the past week, yet the altcoin remains 26% up in the last 30 days, as investors increasingly come to expect a positive end to Ripple's legal battle with the SEC. Given that XRP is still 86% down from its 2018 ATH of $3.40, and given that it failed to set a new ATH in the 2020-21 bull market (because of the legal case), there's a very strong chance that its price will rocket once its tussle with the SEC is resolved. Of course, the precise extent of a surge will depend on the state of the global economy, which continues to depress investor sentiment with its combination of high inflation, rising rates, and low (or declining) growth. XRP Price Prediction With the market as a whole down by 4% today, the XRP price has seen above-average losses, largely because it had enjoyed above-average gains prior to the current selloff (brought on mostly by pessimistic expectations surrounding an inflation report due today in the US).

It has been more than a year since El Salvador made history by becoming the first country to make bitcoin legal tender, and so far, 37-year-old resident Edgardo Acevedo has found the nationwide crypto experiment to be relatively anticlimactic. "I don't think anything has changed, except that the country is more recognized than before, but the economic life of Salvadorans remains the same or worse than a few years ago," said Acevedo, a development engineer working in the capital city of San Salvador. Acevedo, who is also known by the pseudonym Ishi Kawa, tells CNBC that while bitcoin has become a topic of conversation, adoption remains low, and he has personally found that there are very few businesses that accept the world's biggest cryptocurrency — and even fewer Salvadorans who wish to pay in the digital token. "What has improved is the issue of violence and crime, but economically, I can say that nothing has changed," he said. It has been a rocky time, with the project not living up to the grand promises made by the country's popular and outspoken president Nayib Bukele. The use of bitcoin in El Salvador appears to be low, as the currency has lost about 60% of its value since the experiment started and the country still faces plummeting economic growth and a high deficit. El Salvador's debt-to-GDP ratio — a key metric used to compare what a country owes with what it generates — is set to hit nearly 87% this year, stoking fears that the nation isn't equipped to settle its loan obligations. Data from Bloomberg Economics shows that El Salvador tops its ranking of emerging market countries that are vulnerable to a debt default. Even as it retires some of its outstanding debts, the country's domestic and multilateral loan obligations pose a real threat, in part because the world's biggest lenders aren't too keen to give cash to a country betting its future on one of the most volatile assets on the planet.