Chinese Securities Journal’s Financial Stability report has shown that investors should be more careful in trading crypto assets since it has no legal protection due to its distributed structure, it is highly volatile and tracking the blockchain technology funds activities is difficult.
Stellar Prepares to Vote on Protocol 17
Stellar (XLM) will vote on the Protocol 17 update on June 1. This upgrade will allow an asset clawback feature which means that you can withdraw your asset if your project is manipulated or your funds are sent to the wrong addresses or fall into the wrong hands. This upgrade could increase investors' confidence in Stellar.
BTC and ETH Transaction Fees Decrease
While the Bitcoin transaction fees have decreased approximately 81% since the mid-April, Ethereum average transaction cost has fallen 71% between Wednesday and Sunday.
Tether Starts Using Avalanche
Tether’s CTO Paolo Ardonio has announced that Tether will go live on the Avalanche blockchain. Ardonio has also mentioned the low transaction fees and high scalable blockchain vision of Avalanche.
Bank of America Will Use Blockchain
Bank of America has joined into the network created by Paxos Trust Co., a blockchain-focused finance company, to be able to make stock certificate transactions in minutes instead of days.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.