How banks and companies like VISA have adopted Blockchain technology in recent years.
In 2018, The Bank for International Settlements (BIS) conducted a survey of 63 central banks around the world to find out the importance of working with a digital stablecoin (#CBDC) Recall that the BIS is a bank for central banks that started in 1930. It is based in Basel, Switzerland. The BIS is owned by the central banks of different countries and serves as a bank for the member central banks and its role is to promote international monetary and financial stability and financial corporation.
😬 A USER MISTAKENLY TRANSFERRED 499,000 USDT TO TETHER; NOW THE TOKENS ARE LOST 😬😬
It appears that the crypto user copied the wrong link and accidentally sent half a million dollars to Tether’s smart contract.
Fortunately, Tether being a centralized platform, the individual is likely to get their money back. Imagine if they had sent ETH to an Ethereum smart contract—it wouldn't have been a laughing matter.
To avoid such mishaps:
▪ Double-check every digit in the recipient’s address when sending large sums. It's a small step that can save you big trouble.
▪ When interacting with a new wallet, start with a minimal transaction—e.g., 1 USDT—to ensure everything functions as expected.
Remember: Due to the decentralized nature of blockchains, once coins are sent to the wrong address, retrieving them is highly unlikely.
Here I show you a simplified version of the price predictions of some cryptocurrencies: #Bitcoin($BTC): $80,000 in May.#Ethereum($ETH): $4,500 in May-June.#BinanceCoin ($BNB): $650 in May-June.#Solana($SOL): $350 in May-June. Polkadot ($DOT): $45 in June. Matic ($MATIC): $3.5 in June-July. Cardano ($ADA): $1.9 in May-June. NEAR Protocol ($NEAR): $15 in May-June. SingularityNET ($AGIX): $3.5 in June. Dogecoin ($DOGE): $0.45 in June-July.#OntologyGas (ONG): $0.76 in June-July.