📚In 2022 we continue our tradition! Every week UCoin publishes a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 06 through 12 June 2022. 👉 Bitcoin price drops below $25,000 👉 DeFi lending giant Celsius halts withdrawals 👉 Pennsylvanian pharmacist feeds thousands of homeless using crypto 👉 Jack Dorsey Presents Web5: Decentralized Web Based on Bitcoin Values 📚Of course, there was more news last week, so if we missed an important story, feel free to let us know in the comments, and we will be happy to discuss it with you!

📚If during the holiday rush you just couldn’t find the time to verify your account, we would like to remind you why you should do it as soon as possible: KYC is necessary in order to use the platform at 100% — given that next week we will complete the unlocking of coins on users’ accounts, this becomes especially important! 💭How to do this as fast as possible? 🎯Log in to the https://ubisplatform.com website 🎯In the side menu, select KYC Verification 🎯Upload a photo of your documents (front and back), as well as a selfie with the document. 🎯Click Send

📚Here are a few key advantages that users get from decentralized systems: 🎯No need to trust a central authority that might be incompetent, vulnerable to attacks, or even have ill intentions. 🎯Less censorship. Governments often restrict their citizens’ access to various websites and social media. Censoring traffic in a peer-to-peer…

In 2022 we continue our tradition! Every week UCoin publishes a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 31 May 2022 through 06 June 2022. 👉 Bored Ape Yacht Club Hacked, NFTs Worth 200 Ethereum Stolen 👉 Bermuda confirms crypto hub ambitions despite market downturn 👉 Bitcoin (BTC) Registers the First Weekly Green Candle in 10 Weeks, But 25% Correction Looms 👉 Social media blamed for $1B in crypto scam losses in 2021 👉 New York Fed president urges central bankers to keep up with digital currency innovations

Dear UCoin community, we value your opinion very much, and we need it! We would like to invite you to participate in a survey. As you may know, we are currently working on improving the project and implementing new changes to the company and services. …

Recently cryptocurrency has been seeing a steady increase in popularity, and the number of users. Since almost all cryptocurrencies are, in essence, decentralized and anonymous electronic payment systems, it is easy to see why so many people consider crypto to be the future of money. We have all heard how very soon digital finance will replace cash, but how true is that? We believe that is quite close to the truth! You can already buy a lot of things with crypto, and this market keeps growing! A Forbes reporter has even managed to pay for rides, dine at a luxury Transactions go through very quickly, and we believe that crypto will keep getting integrated into our lives even more, which means the fields will keep growing further!

In 2022 we continue our tradition! Every week UCoin publishes a short weekly cryptocurrency market news digest for you to stay informed on the latest trends. In this edition we look at what happened from 24 through 30 May 2022. 👉 LUNA 2.0 First Trading Day: Pump to $30 and Dump to $4 👉 Vitalik Buterin Gifts $4m to Boffins at University of New South Wales 👉 U.S. SEC Rejects Carbon-Neutral Bitcoin ETF by One River

This phrase can often be heard in our chats, but why is it spelled like that, “HODL” instead of “HOLD”? This fateful typo was first made by a Bitcointalk user GameKyuubi in 2013. It caught on so well it became the de-facto motto of all long-term crypto investors. Today the word is widely used whenever there is a decline on the market to reassure everyone to keep holding without panic. This word is commonly in this particular phrase: “BUY AND HODL”. This investment strategy is one of the simplest out there as it implies steadfast holding regardless of market perturbations. “Hodlers” are those who maintain composure in the face of market-shaking dumps. The more hodlers out there, the better it is for the entire market!

Smart contracts are applications that run on the Ethereum Virtual Machine (EVM). These are applications that are executed automatically upon fulfilling certain prerequisites set by their programmers. Smart contract advantages include a built-in protection from the human factor. Nobody can tamper with a smart contract, and there is no need…