Crypto Weekly: From stable coins to Syria

Story: From the stable coin from Socgen to the reasons for opening bony towards Syria.

:: Crypto Weekly

Dies ist Crypto Weekly.

:: die stablecoin the sociacine graduate

The French Bank Societe Generale will be the first major European lender to introduce a stable coin coupled to the dollar.

It will be introduced via her crypto subsidiary SG-Forge.

and will bear the name “USD co -vertible”. It will exist on the blockchains of Ethereum and Solana.

It is expected to be publicly tradable from July.

:: crypto draft case in New York

On Wednesday (June 11th), two men did not guilty that they had kidnapped a man in the noble district of Soho in Manhattan for three weeks.

They are accused of shocking it with electric cables and hanging over a staircase to make it reveal his Bitcoin password.

John Woeltz and William Duplessie threatens a lifelong prison for a lifelong.

:: What is the meaning of meme coins?

In view of the advance of Bitcoin and the increasing crypto stock exchange, the question arises: What is meme coins?

This week Reuters spoke to John D'Agostino, head of the institutional strategy at Coinbase.

“I consider them to be digital collectors, and if people want to collect collector's items. The entry costs for it are very low. Imagine it like Etsy, just that you do not have to make things yourself, but can conjure them up in 10 seconds with almost no financial effort. Think about what would become Etsy if you do not necessarily have bills of projects if you do not need it if you do not have Is and if it is free or almost free, everyone would publish something on Etsy. ”

But are meme coins a good investment?

I like to go fishing and don't catch anything. So you could argue that the money that I spend on fishing is completely wasted and nonsensical. So I try not to judge others. People want to buy something because they believe that it helps them belong to a community. I try not to judge that. Everyone has their own way of spending their available income.

:: Binance opens for Syria

Binance will enable users in Syria to trade cryptocurrencies, including Bitcoin, on the platform.

This is followed by the decision of the United States to lift sanctions against the country last month.

Binance, the world's largest cryptocurrency exchange, explained that Syrians are given unrestricted access to their offers.

This includes more than 300 cryptocurrency and stable coins.