First of all, this week our Lumi Wallet added new tokens and Diana Furman spoke to The Coin Republic, sharing Lumi Wallets’ journey and her thoughts about cryptocurrency’s future. So if you still don’t know how Lumi was created, follow the link to her interview.
More interesting news comes from Ethereum, if you are a start-up and working on the Ethereum blockchain you have a chance to get a grant. We don’t know if the decision to give away a grant was just to keep companies working on their blockchain, and to not let them choose another, faster blockchain such as the USDC token did, but anyway, for some companies it will be a good investment.
Read about this and other news in our summary of the main and current affairs in the cryptocurrency market this week:
- By the end of this week Bitcoin’s price held at $10,388, all week its price balanced at $10,000.
- Despite Ethereum’s proposal to fix extremely high gas fees, we all remember that last week, all users around the world were confused about transaction fees. But for some it had the reverse effect. At least 68 Ethereum whales joined the network, potentially adding millions in holdings. By the way, in comparison to last week’s Tether prices, this week‘s rose to $370. And the latest news from the Ethereum-holding Ethereum Foundation decided to give $3.8M grants to 28 companies working on the Ethereum blockchain.
- Some news from our Wallet. This week we listed 3 Tokens. Now you can purchase USDK & DFT tokens in our Wallet. Purchasing under $150 does not require KYC. This month we have plans to add more tokens to the wallet, so stay tuned for our updates. And if you want to know more about Lumi Wallet’s plan, follow the full version of Lumi Wallet CEO Diana Furman’s interview with The Coin Republic.
- USDC increased the speed of transactions up to 1,000 per second, while costing less than a penny in fees. The decision to bring the asset to a new multichain partner – Algorand blockchain – made it happen.
- Safety reminder from Microsoft, all cryptocurrency holders should be careful because of a new malware called Anubis. It steals crypto wallet credentials, credit card details, and other valuable information from these Windows users. Our wallet warns users as well, please be careful with your financial data, double check all links that you use, don’t share your data with strangers, and never give your mnemonic and private key to anybody.
- What to do if you have 69370.22 Bitcoin (BTC) and you lost access to your wallet? Right, ask the Google team to use their quantum computer to crack the password, as Crypto Twitter user Alon Gal did. Do you want to know if it is possible or not? Read the article and share with us your opinion.
- Think twice when you do the poll, the result may not satisfy you. The Peter Shiff who often spoke out against Bitcoin and assured that Bitcoin’s drop to $10K indicated a bear market, decided to ask Twitter users if they would prefer the advice of his 18-year-old son, who bought Bitcoin over that of a man with more than 30 years’ experience as an investment professional. Well, the result was 81.3% versus 18.7%, of course not in favor of Peter.
All information stated above is provided only for general information purposes. We do not promote any cryptocurrency, do not recommend or advise anything. All decisions about investments should be made by yourself. Our team works to satisfy our clients’ needs.
Stay tuned to our wallet, enjoy the usable interface and transaction security, and check back for updates and news on Twitter, Telegram, Facebook, Reddit, and LinkedIn. Let’s learn the cryptocurrency market together step by step!