Inflation is a problem that has plagued Argentina for approximately 70 years. The current situation is one of the worst on record, as the Argentine peso has depreciated sharply against the US dollar since early 2019.
This has led to a drastic increase in prices, which means that local residents have to spend more and more money to buy basic goods such as food and medicine, and many are struggling to maintain their lifestyles.
US$2,00…
Stablecoins rose in value over the weekend as a result of the peso’s steep decline in Argentina.
The peso fell roughly 15% versus stablecoins DAI and Tether on many major local markets after Guzman’s departure. Over the weekend, the value of both stablecoins jumped from 245 pesos to 280 pesos.
Consumers purchased up to three times as many stablecoins as normal over the weekend, according to major cryptocurrency exchanges, as an impending…
Financial news outlet Bloomberg has revealed that crypto investment company Three Arrows Capital (commonly known as 3AC) filed for Chapter 15 bankruptcy on Friday morning. Chapter 15 bankruptcy allows foreign and U.S. court systems to work together and is usually filed to safeguard the assets of the debtor.
Although the announcement isn’t a surprise, it puts an end to one of the world’s most notable, decade-old asset management firms.
Due…
Based on the passion for breaking away from the real world and full of fantasy, there have been multiple movies and TV series on virtual idols, introducing souls with nowhere to be and young people who express their desires in the real world. Inspired by this, Murasaki is entering the market, with the desire to release the inner real interests and a response from “our kind” using ACG as our common language in the Metaverse.
Murasaki is…
The metaverse is a unique ecosystem that provides value for users, and OVER is set to provide value with its latest rewards program. The novel metaverse platform has detailed its latest reward program where users hunt digital assets in partnership with the Sandbox.
Hunt NFTs in the metaverse for rewards
Over has collaborated with Sandbox to launch a treasure hunt in Manhattan, New York, from June 20-24. This event represents a gre…
