#cryptocurrency
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What are wrapped tokens and why do you need them?
Due to the impossibility of using a token based on one blockchain in applications built on another blockchain, cryptocurrency owners need a wrapped token. In this article, we will tell you about a wrapped token, its mechanism, possible applications, “pitfalls”, how it differs from a stablecoin, and what cross-chain bridge technology has to do with it. WhiteBIT opens a branch in Australia
WhiteBIT, which is Europe's largest cryptocurrency exchange, proceeds to further scale up its business globally. The company has opened a representative office in Australia and intends to become a part of the Australian cryptocurrency community and promote blockchain technology on the continent. Crypto Leaks: a new round in the fight against digital fraud and corruption
Digital fraud, corruption, and market manipulation are phenomena from which numerous cryptocurrency holders suffer yearly losses. Blockchain enthusiasts from the Crypto Leaks project are ready to challenge the attackers and protect crypto community members. Hedge funds vs. Tether: traders are actively shorting USDT after the collapse of UST
The Terra USD crash did not go unnoticed for other stablecoins pegged to the US dollar. Thus, hedge funds oriented to the cryptocurrency market are seeking to intensify the sale of Tether. The total amount of available offers is hundreds of millions of dollars. Gold Coast will consider the possibility of using cryptocurrencies by taxpayers
The fall of the cryptocurrency market, observed over the past six months, does not frighten Australian officials. Gold Coast Mayor Tom Tate suggests exploring the possibility of using digital currencies to pay taxes in the future. 













