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The best ERC 20 tokens to buy now

After its release in 2015, Ethereum Chain has been one of the most important driving forces in cryptography. The platform has seen the growth of innovative DApps and DeFi projects. However, their ERC 20 tokens are amazing. This is basically a technical or quality standard that all Ethereum based tokens must meet. Take a look at some highlights below:

ERC 20 tokens are governed by a set of fixed rules that determine how they can be transferred, validated, and stored.



All ERC 20 tokens are built and powered by the Ethereum blockchain, but can be traded on multiple chains.



A large percentage of cryptographic tokens released in recent years are largely ERC 20 tokens.

For traders looking for the best and perhaps most popular ERC 20 tokens, here are two names you probably didn’t know are based on this pattern.

Shiba Inu (SHIB)

Shiba Inu (SHIB) was the guide of 2021 without a doubt. The meme currency, which was launched as the Ultimate Dogecoin Killer (DOGE), soared in value, ranking one point in the top 10 cryptographic assets by market capitalization.

While SHIB remains a speculative asset with very little intrinsic value, it turned people into millionaires in the past year. This is also an ERC 20 token, and at the time of this writing the SHIB was selling for $0.00003394. The currency also has a market capitalization of $18.6 billion.

Chain link (LINK)

Unlike Shiba Inu, Chainlink (LINK) is really an excellent investment with very decent underlying fundamentals. It’s basically a smart contract blockchain layer that allows for universally interconnected contracts.

LINK, its native token, is an ERC 20 currency and is among the top 20 currencies in terms of market capitalization. At the time of this writing, LINK was selling for $22.51 with a market capitalization of about $10.5 billion.

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Samsung launches first smart TV with NFT browsing and commerce option

The non-fungible token (NFT) frenzy continued as we started in 2022 and electronics giants are already stepping into the tokenized wagon of the trend. Today, electronics multinational Samsung unveiled its “NFT aggregation platform” backed by its exclusive smart TV launches. According to Samsung, users can browse and exchange NFT through its MicroLed, Neo QLED and The Frame models.

The platform will literally function as an aggregator, displaying NFTs from various markets on users’ screens. In addition to displaying NFT, the platform will also display relevant details including creator name and relevant blockchain metadata. In addition, users can also view their valuable NFT assets using the platform.

Finally, Samsung stated that it has ensured quality display for the wide range of NFTs using its “Smart Calibration” technology that automatically adjusts the TV’s settings to match the original creator’s specifications.

“The role of the screen has changed dramatically in recent years with advances in technology and the way entertainment is provided. With our new product line, we're offering customers a fully immersive audio and video experience that can be customized to their needs... Whether you're a movie buff, TV lover, gamer, or even a music enthusiast. movie theater. Art, Samsung has cutting-edge offerings that can enhance any room,” said Simon Sung, executive vice president and head of Samsung's Visual Display Business sales and marketing team.

2021 The domain of the NFT will extend to 2022

NFT’s popularity soared over the past year, beating every trend in Defi’s landscape. According to Chainalysis 2021 NFT Market Report, approximately $26.9 billion of NFT was traded across all NFT markets, determining its growing dominance.

Social media, as well as institutional giants, are poised to incorporate NFT by 2022. Late last year, Instagram CEO Adam Mosseri confirmed that the leading social media platform is “actively exploring” NFTs. In addition, Kraken CEO Jesse Powell also decided to go a step further by securing the NFTs. Kraken, the big centralized encryption exchange, has announced the upcoming launch of its NFT marketplace, which will offer NFT-guaranteed loans.

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Crypto Mining Rises in Thailand as Investors Maximize China’s Ban

After the ban on cryptocurrencies in China, cryptocurrency investors in Thailand quickly seized the opportunity to buy cheap mining rigs that had been sidelined by Chinese miners out of the market. And that, in turn, has led to an increase in crypto mining activities in Thailand, reports Al Jazeera.

Thailand crypto investors take advantage of China’s cryptocurrency ban

After the ban, affected Chinese miners had to recoup some of their investments in one way or another. This led them to sell their mining machines at a bargain price. To keep things going, many of the mining companies have also had to move to several other countries that allow mining activities, including Kazakhstan, Russia, the United States and Southeast Asia.

Cryptocurrency mining on the rise

Speaking in an interview with local media, one of Thailand’s cryptocurrencies who identified himself as Pongsakorn Tongtaveenan had a lot to say. He says he’s not alone, as many cryptocurrencies like him quickly took advantage of China’s ban on cryptocurrencies. He explained that they quickly started buying mining platforms and PC processors from Chinese miners and that we are reselling them to local crypto investors. And, according to him, as the demand for the machines is incessant, prices returned to their previous levels.

For Thailand, the growing popularity of crypto mining in Thailand is simply due to residents becoming more optimistic about the future of cryptocurrencies in the country.

When Beijing launched an all-out war against crypto miners and all things cryptography, some of the top bitcoin miners had to leave the country for more crypto-friendly regions.

In fact, companies like e-commerce giant Alibaba have had to ban the sale of mining encryption equipment to comply with current regulations. Furthermore, it had to completely remove the blockchain miners and accessories categories from its e-commerce market as of October 8th.

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Crypto exchange Kraken’s new NFT market to issue loans

Jesse Powell said the exchange will expand into a market for non-fungible tokens and loans guaranteed by NFT starting in 2022.

Kraken founder and CEO Jesse Powell recently shared in an interview with Bloomberg News that the crypto exchange will launch a non-fungible token (NFT) marketplace that will allow users to borrow funds against their NFTs.

Powell explained that the company plans to enter the NFT space in early 2022 and hopes to add the ability to determine the liquidation value of an NFT and whether it can be placed as collateral for a loan.

“If you deposit a CryptoPunk on Kraken, we want to be able to reflect the value of that in your account,” Powell said.

However, the value of NFTs is across the spectrum and only a small percentage of token owners own a digital collectible valued as much as a CryptoPunk, the minimum price of which is 66.9 Ether (ETH) or $ 273,673 at the time of. the publication.

According to Powell, the NFT utility will explode next year:

"Phase one was speculation, phase two is buying art and supporting artists, phase three will be the functional use of NFT."

Additionally, Kraken recently acquired Staked, an infrastructure platform that enables custodial encryption, in an effort to attract new investors. Kraken customers will now be able to earn crypto income and rewards while maintaining control over their digital assets.

Kraken was founded in 2011 and has grown into one of the largest crypto exchanges in the world, ranking among the best in terms of average liquidity, volume and reserves of digital assets, according to data from CoinMarketCap.

Kraken’s announcement demonstrates how NFT-backed loans are becoming increasingly common as more DeFi platforms like Arcade and Nexo offer this new loan model. As Cointelegraph recently reported, Arcade closed a $ 15 million funding round in December as part of a broader effort to increase its offerings and attract more investors to its guaranteed NFT platform.

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Thailand postpones its CBDC pilot program until the end of 2022

Thailand has announced plans to postpone the test of its central bank-issued digital currency (CBDC) until the end of 2022. Remember that the test was initially scheduled for the second quarter of 2022, but has now been rescheduled for the end of year. year.

Thailand postpones CBDC test

According to Reuters, which shared the rescheduling report, Thailand is looking to use CBDC as an alternative payment option to replace cash.

And while the postponement may have been confirmed, the reason for the central bank’s decision has yet to be determined. Although Bank of Thailand deputy director Kasidit Tansanguan may have suggested a goal of laser focus on efficiency, which may be slow work.

Thailand can still take a gradual step in retail CBDC to ensure efficiency and prudence, as it has problems with funds transfers or payments like some other countries,” he said.

But despite the delay, the testing phase must still be used to carefully analyze the use of CBDC in relation to transactions and how it can supplement cash payments.

For the pilot project, around 10,000 users together with some financial institutions will test the digital currency for online and offline transactions, including withdrawals, deposits and funds transfers.

CBDC grows in popularity as the world becomes even more digital

Without a doubt, the world is definitely going digital. However, it is reasonable, especially considering that the COVID cases are now unfolding. Now, globally, these genuine concerns are catching the attention of most central banks, who continue to look for ways to provide an alternative to cash transactions.

In fact, some countries have passed the testing phase and are already using their CBDC. For example, Nigeria and the Bahamas are already actively using their CBDCs, while other countries such as Ghana and China are already in the pre-deployment testing phase.