Welcome to today’s edition of our web3 newsletter! In this edition, we’ll bring you the latest updates on the most exciting news from the world of web3.
If you missed it, here are the latest news
Beware the Airdrop Trap: MetaMask Warns Users of Deceptive Scam
Don’t fall for the bait! MetaMask, the popular Ethereum wallet and browser extension, has issued a warning to its users about a potential scam. According to reports, deceptive rumors are circulating about a March 31 airdrop, leading unsuspecting users into a trap. Stay vigilant and protect your crypto assets by staying informed about the latest scams and phishing attempts in the world of cryptocurrency. Keep your digital treasures secure!
AI Over Crypto: Galaxy Digital CEO Warns Governments to Shift Focus
In a startling revelation, Galaxy Digital CEO Mike Novogratz urges governments to redirect their fears from cryptocurrencies to artificial intelligence (AI). While cryptocurrencies are often subject to regulatory scrutiny, Novogratz emphasizes that AI poses a greater threat to job security and economic stability. It’s high time for authorities to reevaluate their priorities and tackle the more pressing issue of AI’s impact on society.
Bye-Bye USD, Hello Bitcoin: Riding the Wave of Global Change
The global economy is shifting as China, Russia, and Brazil replace the USD with their own currencies or Bitcoin. This trend is exemplified by the China-Brazil deal. While the USD has held world reserve currency status for over a century, its buying power has diminished, leading investors to turn to alternatives like Bitcoin. Despite market fluctuations, Bitcoin remains a strong contender, with its next halving event in March or April 2023 and on-chain metrics indicating a potential price increase. As USD dominance declines and Bitcoin adoption increases, investing in this digital asset offers financial freedom and a hedge against economic uncertainties. Embrace the future of finance with Bitcoin.
Bitcoin’s $28K Boost Unleashes Breakout Potential for ETH, Matic, HBAR, and EOS!
New predictions are in for cryptocurrency in April. March saw a banking crisis with Silicon Valley and Signature Banks failing and Silvergate Bank being liquidated. Bitcoin dropped but grew by 23% overall in March, with a favorable month for buyers predicted. Bitcoin, Ether, Polygon MATIC, and Hedera are all being closely watched for potential moves.
Bitcoin Ordinals: Daily Inscriptions Surge Due to BRC-20 Tokens!
BRC-20 tokens are causing a surge in Bitcoin ordinals, the little numbers that follow every Bitcoin transaction. These tokens are similar to Ethereum’s ERC-20 tokens, but they’re backed by the more secure Bitcoin blockchain. Every time a BRC-20 token is traded, it creates a new Bitcoin transaction with a unique ordinal number. This is a sign of the crypto world’s growth and mainstream adoption. So the next time you see a Bitcoin ordinal, remember that it represents progress and the exciting future of crypto.
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