Crypto Market Challenges, Flybondi NFT Ticketing, UNICEF DAOs, Novogratz Enthusiasm, BRICS Currency, US Bitcoin Sale, Justin Sun WTO Role, Cryptocurrencies Rally Amid Binance Legal Issues

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Crypto Market Analyzed for Low Liquidity Risks After US Bank Failures

> Despite the hurdles in the cryptocurrency space, Bitcoin’s Price has seen a recovery as it crossed the 29,000 mark this week.

> The Main cause of the dip is the low liquidity risk due to the closing of Silvergate’s SEN network and Signature’s Signet Network early March.

> Liquidity is a crucial aspect of the trading industry. The saying, “Liquidity is king,” refers to a market’s ease of converting an asset into fiat money. Full Report here.

Flybondi Adopts NFT Ticketing To Improve Travel Experience

Argentine Low-cost airline Flybondi has jumped on the blockchain bandwagon, issuing its etickets using non-fungible tokens NFTs.

> This New integration is called Ticket 3.0 and is the continuation of Flybondi’s Partnership with NFT ticketing company TravelX, founded in September 2022.

> The NFT ticketing technology, based on Algorand Blockchain, gives passengers the opportunity to change their name, transfer their NF, and even sell it.TicketIndependently.

> The This new integration is beneficial for passengers, as well as the airline’s revenue through trading fees. More here.

UNICEF Exploring DAOs For Digital Public Goods

UNICEF (the United NationsThe development of a decentralized autonomous organisation (DAO) concept is being explored by ‘children’s relief and humanitarian assistance organization.

> “We are in the process of creating a DAO prototype to ensure equitable distribution of power and communication in the realm of globally distributed digital public goods,” Arun MaharajanDuring a recent interview with UNICEF’s Blockchain Lead, he said: Paris Blockchain Week.

> Digital Public goods (DPGs), are open-source software, models and standards that can be used by countries to create digital infrastructure instead of private, proprietary solutions.

> Built The following are the Layer 2 solutions PolygonThis pilot project will facilitate communication among DPG stakeholders in the process of deciding on potential new features. Continue reading.

Novogratz Highlights Crypto Investor Enthusiasm Amid Pressure

Michael NovogratzThe founder of the digital asset financial services company Galaxy Digital Holdings LtdAccording to., cryptocurrency investors are growing in enthusiasm and counteracting the negative effects of US regulations.

> “Despite the extensive international activity and domestic governments attempting to suppress the industry, cryptocurrency prices continue to rise,” Novogratz FII Institute’s PRIORITY summit in Miami Beach On Thursday.

> He Although the market for institutional capital has slowed down, the crypto community remains optimistic because of its unwavering commitment.

> “Cryptocurrency It began as a grassroots revolution by people who didn’t trust their governments.

> Challenging He explained that this crypto community is like taking on someone with a passionate and dedicated belief in the technology.” More here.

BRICS Revolution: Pioneering A Digital Currency in Emerging Economies

The The BRICS countries are discussing the creation of an innovative currency. They plan to share their proposals at the summit. South AfricaAccording to Alexander Babakov, Deputy Chairman You can find the State Duma.

> `He He pointed out that while transactions can be made using local currencies, it is only an initial step. In the future, there will be a transition to digital currency or another form.

> Babakov It is anticipated that the BRICS leaders summit will show their willingness to implement this initiative with ongoing work.

> Babakov The possibility of a unified currency in the BRICS alliance was not dismissed.

> This The proposed currency could be backed by not only gold but also other product categories, rare earth elements, and even land. Continue reading.

US Government to Dispose 41.5k Bitcoin 2023 Linked to Silk Road

The United States According to court documents, the government plans to sell 41 500 bitcoin it has.

> The As of today, the US government has more than 205,000 BTC March 27. It is the largest holder BTC because of its long history of seizures.

> The The government took 69,369 BTC initially from an individual named X. He was associated with the Silk Road marketplace. This The seizure and subsequent confiscation of 50,000 Bitcoin from James ZhongHe was also related to the Silk Road.

> The The government plans to sell 41,500 bitcoin linked to the upcoming court hearings. Silk Road. More here.

Justin Sun’s Role As WTO Rep Ends In Wake SEC Lawsuit

In The SEC lawsuit was filed against them in the aftermath. Justin SunThe Grenadian The government has announced the expiration of his term as the Ambassador Of Grenada The World Trade Organization (WTO), 31. March 2023.

> In Here are a few tweets. Sun His gratitude was expressed for the opportunities and support he received throughout his tenure. He also stated his intention to concentrate on crypto regulation and digital economy in his future career as public servant.

> Sun Serving as Grenada’

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