Terra's collapse boosted activity on Ethereum and BNB Chain. But Tron is also getting a boost from its algorithmic stablecoin that resembles... Terra. Before its agonizing implosion last month, Terra's ecosystem enjoyed nearly 15% of all DeFi market share. This made it the second-largest hub for all things decentralized finance, according to data from DeFiLlama. But when a $40 billion network collapses and investors head for the hills, where do they run to?

First, let’s look at protocols like Ethereum, Avalanche, Solana, Fantom, Tron, and Binance’s BNB Chain (formerly called BSC).

On May 6, when Terra was still alive and kicking, Ethereum had 55% of all DeFi activity, BNB Chain had 6%, Avalanche had 4%, Solana enjoyed 3%, Fantom had 2%, and Tron held 2%.more

Even more protocols besides IoT and 5G could be offered by Helium as it readies a new “network of networks” approach.

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Technology
Helium Crypto Wireless Network to Launch New Tokens Amid Expansion
Even more protocols besides IoT and 5G could be offered by Helium as it readies a new “network of networks” approach.
Andrew Hayward
By Andrew Hayward
Jun 12, 2022
4 min read





In brief
Helium will launch new MOBILE and IOT tokens as it expands its crypto-powered wireless network.
The token-incentivized network may also expand to include additional decentralized protocols.
Helium's novel concept—standing up a wireless network for sensors and trackers that is powered by token-rewarded node operators—has earned significant support. Nova Labs, the recently-renamed startup that represents Helium’s founders, announced today that the network will launch new crypto tokens tied to individual networks.

The shift to a new model comes as Helium attempts to expand its offerings with 5G connectivity and more.


The existing HNT token will continue to exist and serve as something of a “reserve currency” or “floor currency” for the expanding Helium ecosystem, Nova Labs CEO and co-founder Amir Haleem told Decrypt.

Meanwhile, Helium will first launch a new MOBILE crypto token this month, which will reward people who operate a 5G node and contribute coverage to Helium’s latest network.

Early adopters who run 5G nodes—there are about 5,000 of them, Haleem estimated—are not currently being rewarded for providing coverage for devices like phones and laptops. That will change once the MOBILE token is live, ahead of Helium’s plans to rapidly scale the 5G network as hardware partners like FreedomFi seek to lower prices for the nodes.more

Are we firmly in a Crypto Winter? It was another down week for the leading coins as regulators continued their scrutiny of the industry. Market leader Bitcoin weathered the storm better than most leading coins and declined just 3% in the last seven days. It trades for $28,733 at the time of writing.

Ethereum wasn’t as lucky. The No. 2 cryptocurrency by market capitalization fell 11% over the week and currently trades for $1,579. That was despite the long-awaited Ethereum "Merge" to proof-of-stake got one step closer to its expected August completion when the merge trial successfully went live on the Ropsten testnet on Wednesday.more

But Jack, what happened to Web4?
Dorsey’s TBD, a subsidiary company within Block (previously known as Square), announced today that it is building “Web5: An extra decentralized web platform.”Dorsey also took a not-so-subtle shot at "Web3," which refers to the next iteration of the internet—one that its proponents argue will return the ownership of data to users through decentralized technologies like blockchain networks.

“RIP web3 VCs,” Dorsey tweeted.

Dorsey has in the past been critical of current Web3 models that rely on venture capital funding, singling out Andreessen Horowitz in particular. His use of "Web5" appears to be another deliberate, and cheeky, way to publicly address those concerns.

In terms of what Dorsey's Web5 will actually do, TBD’s website states that the current iteration of the internet is still missing an “identity” layer.more

Terra's collapse boosted activity on Ethereum and BNB Chain. But Tron is also getting a boost from its algorithmic stablecoin that resembles... Terra.
After combing DeFiLlama, we also can identify to which specific projects some of this money is flowing.

On Ethereum, projects like Arrakis Finance (liquidity management protocol), Iron Bank (a protocol-to-protocol lending platform), and Euler (another lending platform) have been key in absorbing new money within DeFi.

As for BNB Chain, projects like pNetwork (a validator network), Wombat Exchange (a Curve-like decentralized exchange), and TokensFarm (a yield aggregator), all have thrived over the past month too.

Despite all the maximalism in this space, the wide variety of types of projects gaining traction across different chains is a healthy phenomenon.more

Week#7 (29.10-04.10)
BTT username: Jaya60
Link to BTT: https://www.altcoinstalks.com/index.php?action=profile;u=76093
Telegram username: @jaya600
Bitgame Account ID (the one with numbers): 498684504
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ক্রিপ্টোকারেন্সি তে অনেক রকমের কয়েন রয়েছে এদের মধ্যে ডগি কয়েন এর অবস্থান মোটামুটি ভালই। ক্রিপ্টোকারেন্সি মার্কেট যেহেতু ভালো হচ্ছে অবশ্যই ডগি কয়েন প্রাইস এক সময় ব্যাপক পাম্প করবে। তারপরেও কিন্তু আমরা জানি ইলন মাস্ক তিনি নিজেই এই কয়েনটি নিয়ে তার টুইটার পেজে টুইট করেছিল এজন্য কিন্তু এই কয়েন প্রায় শূন্য থেকে একদম আকাশের চলে এসেছে। এই কয়েনটি ভবিষ্যৎ অনেক ভালো।

ক্রিপ্টোকারেন্সি মধ্যে যার বিশেষ অবদান রয়েছে এবং ক্রিপ্টোকারেন্সি মাধ্যমে ব্যাপক ইনভেস্ট করেন তিনি হলেন ইলন মাস্ক। তার নাম পৃথিবীর প্রত্যেকটা মানুষ জানে এবং কি ক্রিপ্টোকারেন্সি মধ্যে তার ব্যাপক ভূমিকা রয়েছে। ইলন মাস্কের নিজস্ব কোম্পানি হচ্ছে তেসলা তিনি যখনই তার কোম্পানি তে সকল পণ্য ক্রিপ্টোকারেন্সি এর মাধ্যমে লেনদেন এর পারমিশন দেয় তারপর থেকে কিন্তু ক্রিপ্টোকারেন্সি মার্কেট আরো বৃদ্ধি পেয়েছে।