July 2021
Countries are Toppling...!
There was much excitement in the Crypto world in June when the El Salvadorian government announced it would be adopting Bitcoin as an official currency as soon as possible (along with the US dollar). The Central American country hopes to also become a mining centre, using its geothermal resources to power new blockchain centres. The ambitious strategy is already reaping dividends for the poor region with interest from technical and financial organisations now looking at the country as a potential nucleus for all things blockchain.
We've had plenty of discussion on various Governments attempts to regulate, control and outright ban cryptos. In fact the Chinese Government have been shutting down crypto mining centres across the country - although this will actually have the effect of reducing supply and increasing the crypto price. The Chinese are setting up their own CBDC so presumably want to remove the competition among other things. However most countries recognize that there is only so much they can do to regulate or disrupt cryptocurrency infrastructure and that there may be benefits to jumping along for the ride.
While El Salvadore is the first to truly accept that the future of currency is already here, many will follow. Already Paraguay, Panama and Tanzania (all countries with strong hyperinflation cycles) are watching El Salvador's progress intently. Poorer countries where few have bank accounts but everyone has a phone are perfect for currency innovation.
Its an exciting time for Crypto and Blockchain, and decentralisation in general!
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Find us and Follow us!
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Directory Update: New dWeb Sites
Our team has trawled through more than 25,000 dWeb domains to find the live sites for our directory. The vast majority of these domains are either for sale or set up as holding domains for, presumably, future sites. There are now just over 1350 live sites on the decentralised web - you can filter by category in our dWeb directory. We've also added some new sites to our favourites directory - take a look!
We are also recommending a new, easier way to access dWeb sites - you an see our easy instructions by clicking the button below.
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DID YOU KNOW? dWeb Mythbusters
MYTH: The cryptocurrency bubble is about to burst FACT: In the last decade, cryptocurrencies breached the US$1.3-trillion mark, making them the world’s top-performing asset class. Blockchain and cryptocurrencies have been around since only 2010. In early 2021, cryptocurrencies breached the $1.3-trillion mark, making them the top-performing asset class and the world’s fifth-most circulated currency by value over the last decade. Experts have heralded bitcoin as the gold of the digital age given that they help drive the digital economy and spearhead the fourth Industrial Revolution.
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June Jellyfish - The White-Spotted Jellyfish
Let's take a peek at another more crazy-looking jellyfish!
White-spotted jellies are native to the warm, tropical waters of the western Pacific Ocean, from Australia to Japan.
White-spotted jellies have very mild venom and do not pose a threat to human beings. In fact, these jellies do not generally use their venom to capture food at all. Instead, white-spotted jellies are filter feeders, like oysters or sponges. They can filter more than 50 cubic meters of seawater every day!
Microscopic zooplankton is the main food source for white-spotted jellies. Plankton are a key part of the entire marine food web. Because white-spotted jellies often travel in large groups called swarms or smacks, they can disrupt the entire ecosystem of an area by consuming almost all the plankton. Fish, crustaceans, and marine mammals may not be able to find sufficient food in an area with swarms of white-spotted jellies.
This is especially true where white-spotted jellies are an invasive species. These areas are not home to the marine snails that prey on the jellies in their native habitat. Swarms of white-spotted jellies have impacted ecosystems in the Gulf of California, Gulf of Mexico, and the Caribbean Sea.
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LATEST DWEB, CRYPTO & BLOCKCHAIN NEWS HEADLINES
Coindesk - June 28
Cointelegraph - June 28
Cointelegraph - June 28
Cointelegraph - June 26
Cointelegraph - June 25
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