Story: Why is Stablecoin from Socgen to Binance open to Syria.
::Encryption every week
This is encryption weekly.
:: Stablecoin by Societe Generale
The interest of the French banking society is to become the first major European lender to issue stable shares in the US dollar.
It will be launched through its crypto subsidiary SG-Forge
Named “USD Common Animal” – it will exist on the Ethereum and Solana blocks.
And it is expected to start trading publicly from July.
::New York encrypted book murder case
Two men pleaded not guilty Wednesday (June 11) alleging that they had kidnapped a man for three weeks near Manhattan's upscale Soho.
They were accused of shocking him with wires and hanging him on the stairs in an attempt to get him to give up his Bitcoin password.
John Woeltz and William Duplessie will both make a living in prison if convicted.
::What is the purpose of meme coins?
With Bitcoin in March and the popularity of cryptocurrency IPOs, what is the story of meme coins?
This week, Reuters spoke with John D'Agostino, head of agency strategy at Coinbase.
“I think they are digital collectibles, and if people want to collect collectibles, it's more power to them. And, very, very low cost of entry is very low. Doing this is like Etsy, but you don't have to like creating something, you can magically create it in 10 seconds instead of having no money in 10 seconds. Almost freely crochet everyone will post something to Etsy.”
But is Meme coins a good investment?
“I love fishing, I catch nothing. So you can say the money I spend on fishing is totally wasted and ridiculous. So I try not to judge others. People want to buy things because they think it helps them belong to a community. I try not to judge that. Everyone has a different way of disposable income.”
:: Binance opens to Syria
Binance will allow Syrian users to trade on the platform in cryptocurrencies including Bitcoin.
Afterwards, the United States decided to impose sanctions on the country last month.
Binance, the world's largest cryptocurrency exchange, said Syrians will be granted full use of their products.
These include over 300 cryptocurrency tokens and Stablecoins.
