Secure, Overcollateralized Stablecoin Djed Launches on Cardano Network

• Djed, a Cardano-based stablecoin, is set to launch next week.
• Djed is overcollateralized, meaning that it requires more than 400% in collateral value to be posted before it is issued to a user.
• DjedPay, a payments application that uses djed, will enable users to transfer the tokens to merchants and businesses.

Cardano-based decentralized stablecoin djed is set to launch next week, bringing a much-needed financial option to the Cardano network. Developed jointly by Cardano code maintainer IOG and Coti, a layer 1 blockchain, djed has been designed to be an overcollateralized stablecoin. This means that, before djed is issued to a user, more than 400% in collateral value must be posted. Such a system would allow djed’s value to remain steady during market stress, thereby avoiding a repeat of the infamous terraUSD, the stablecoin linked to luna which plummeted over 99% in May.

In addition to djed, developers have also built DjedPay, a payments application that uses the stablecoin. Users will be able to use DjedPay to transfer tokens to merchants and businesses, allowing for a more seamless transfer of funds. Djed will also be integrated into over 40 Cardano-based decentralized finance applications (dapps) at launch, as per a November report on The Block. This will allow users to take advantage of the advantages of djed, such as low fees and quick transfers.

The Cardano dapp ecosystem currently locks up over $72 million worth of tokens, according to DefiLlama data. With the launch of djed, users will be able to access a reliable and secure financial option that is backed by Cardano’s robust blockchain technology. This will help to further promote the Cardano network and its use cases, while also providing a reliable source of stablecoins to users. The launch of djed is an exciting development for the Cardano network, and it is expected to be a major success.

Creditors Bail Out Digital Surge Exchange After $33 Million Loss

• Digital Surge, an Australian cryptocurrency exchange, has been bailed out after creditors approved a long-term recovery plan.
• The exchange had held $33 million on FTX, a cryptocurrency exchange that collapsed in November.
• In December, Digital Surge passed into voluntary administration, which gave control to licensed insolvency practitioners.

Digital Surge, an Australian cryptocurrency exchange, recently received a bailout from creditors after passing into voluntary administration in December. The Brisbane-based exchange had held $33 million on FTX, a cryptocurrency exchange that collapsed in November. In response, 25 prominent institutions in Australia have come together to start a research program to explore digital asset opportunities.

Michael Bacina, partner at law firm Piper Alderman, explains why the country is the prime location to test asset digitization. He said, “Australia’s financial services industry is well regulated and provides a safe and secure environment for users of digital assets. This should help the Digital Surge situation, as well as the broader digital asset industry in Australia.”

The creditors of Digital Surge have approved a long-term recovery plan that will allow the exchange to pay back its customers. More than 22,000 customers had their digital assets frozen since November 16th, and the recovery plan will help them get their money back.

The recovery plan comes after Digital Surge lost $33 million in the collapse of FTX. FTX was a Hong Kong-based cryptocurrency exchange that had been operating since 2014. The exchange was shut down in November after it ran into financial difficulty.

The Australian Securities and Investments Commission (ASIC) is investigating the collapse of FTX and has urged customers to contact their exchange’s customer service department if they have any questions or concerns. The ASIC also said that customers should not attempt to access any funds held on the exchange as this could result in further losses.

Digital Surge’s customers are now able to access their digital assets and have their funds returned. The exchange has also implemented a number of measures to prevent similar incidents in the future. These measures include improved customer service procedures, enhanced anti-fraud and anti-money laundering processes, and improved Know Your Customer (KYC) procedures.

The collapse of FTX and the subsequent bailout of Digital Surge is a stark reminder of the risks associated with cryptocurrency trading. It is important for investors to do their own research and ensure they are trading on secure and regulated exchanges. Additionally, investors should not store large amounts of funds on any exchange and should always use secure wallets to store their digital assets.

FTX Debtors Uncover $5.5B in Liquid Assets, But Substantial Shortfall Exists

• The FTX Debtors group has identified $1.6 billion of digital assets associated with FTX.com and $181 million connected to FTX US.
• A total of about $5.5 billion in liquid assets have been identified, consisting of $1.7 billion in cash, $3.5 billion of crypto assets and FTT tokens and $300 million of securities.
• The group affirmed that there is a “substantial shortfall” at both FTX.com and FTX US based on current estimates of the amount of digital assets.

The FTX Debtors group, consisting of FTX Trading and its affiliates, have provided details on the digital assets they’ve identified during their attempts to recover funds from the bankrupt crypto exchange and its subsidiaries. According to a press release on Tuesday, the group identified a total of about $5.5 billion in liquid assets, which includes $1.7 billion in cash, $3.5 billion of crypto assets and FTT tokens, and $300 million of securities.

Half of these digital assets are already under the control of FTX Debtors, while the other half has been subject to unauthorized third-party transfers after FTX filed for bankruptcy protection and transferred to the control of the Securities Commission of the Bahamas in the case of FTX.com.

The group confirmed that the digital assets associated with FTX.com and FTX US amount to a total of $1.6 billion and $181 million, respectively. Based on current estimates, the group affirmed that there is a “substantial shortfall” at both FTX.com and FTX US.

In addition to the digital assets, the group also identified various assets subject to control by the Securities Commission of the Bahamas, including FTT tokens, crypto assets and cash. However, the FTX Debtors have not yet obtained control of these assets, and it is unclear when or if they will be able to do so.

The FTX Debtors are working with their advisors and the Securities Commission of the Bahamas to identify and recover additional assets, including digital assets and other assets subject to control by the Commission.

The FTX Debtors are also in the process of filing claims against various parties, including FTX’s former management and shareholders, to recover additional assets. The goal is to maximize the value of the estate for the benefit of all creditors and stakeholders, according to the group.

The FTX Debtors are calling on all FTX stakeholders to provide information on any additional assets that may be held by FTX or its affiliates. They are also working with law enforcement authorities to identify any additional assets that may have been transferred without authorization.

It remains to be seen how the FTX Debtors will be able to recover the assets and how the funds will be distributed among the creditors and stakeholders. However, the group is confident that it will be able to maximize the value of the estate for all involved parties.

Bitcoin Breaks $20K: Mining Companies and Token Holders Reap Profits

– Bitcoin has been rallying and is now trading above $20,000.
– Many crypto mining companies and token holders are now in profit as a result of the rally.
– The rally could be attributed to signs of cooling U.S. inflation.

The world’s largest cryptocurrency by market value, Bitcoin (BTC), has seen a notable rally after months of laggard movements downward. The digital asset is now trading above $20,000, marking a significant milestone not only because it’s the first meaningful jump since the collapse of the FTX exchange, but also because it’s appreciated by enough to put many crypto mining companies and token holders in profit.

Since the beginning of last week, Bitcoin’s price has risen steadily, accelerating rapidly over the weekend. Analysts from Glassnode suggest that the rally could be attributed to signs of cooling U.S. inflation. With the price above $19,000, miners now have the potential to earn more from mining Bitcoin than it costs to run their energy-intensive machines.

The average holder has also bought into Bitcoin at a lower price, meaning that they are now in profit. This is an important psychological factor, as it tends to act as a significant resistance level during bear markets. Glassnode analysts suggest that this makes the current event noteworthy.

The implications of this rally are far-reaching. Not only could it mean more profits for miners and token holders, it could also indicate a shift in the overall market sentiment. This could lead to more investors entering the market and an increase in trading volume, both of which could help to drive prices higher.

Despite the positive news, it’s still important to remember that the price of Bitcoin is volatile and can go both up and down. Therefore, investors should proceed with caution and be mindful of the risks associated with investing in digital assets.

Excel Visual Basic

Excel Visual Basic (VBA) is a powerful programming language which allows users to modify the look and feel of their Microsoft Office applications. VBA is an integral component of Microsoft Excel, which gives users the capability to design custom worksheets, automate processes and design macros to make repetitive tasks easier. VBA is a powerful software and, with it, you can develop powerful and efficient applications that aid in the automation of complex tasks.

What is Excel Visual Basic?

Excel Visual Basic is a programming language used by Microsoft Office applications, including Microsoft Excel. VBA is a variant of Visual Basic, which is the Visual Basic programming language, and lets users create customized worksheets and automate tasks and develop macros to streamline routine tasks. VBA is an object-oriented programming language that means it makes use of objects to represent components in the Excel application, such as worksheets, workbooks, and cells.

Benefits of Using Excel Visual Basic

The use of Excel Visual Basic has many benefits. It is for instance, it permits users to personalize the Excel worksheets to accomplish every task. This is useful to streamline and automate difficult tasks like making a budget or keeping track of sales. VBA can also be a fantastic method to get started with programming and can assist users to grasp the fundamentals of programming. Additionally, VBA is easy to use and is an excellent method to reduce time and energy in the workplace.

Understanding the Basics of Excel Visual Basic

To be able to use Excel Visual Basic effectively, users need to first grasp the fundamentals to the language. This means understanding objects such as variables, variables, and functions. The objects are the components that comprise the Excel application, such as worksheets, workbooks and cells. Variables are data pieces that are utilized to store information and functions are utilized to complete specific tasks. It is crucial to comprehend the concepts behind them before you attempt to write code using VBA.

Writing Excel Visual Basic Code

When users are familiar with the basics in Excel Visual Basic, they can begin writing code. The writing of code using VBA requires understanding of the language and understanding the Excel application. It is essential to know the syntax and syntax of code prior to writing it. It is equally important to comprehend the different operations and command lines that could be utilized to manipulate data or make custom worksheets.

Debugging Excel Visual Basic Code

When you write code using VBA It is crucial to test it and debug it to ensure it’s running as it should. Debugging code is possible with the built-in tools available in Excel. Excel application. The tools enable users to go through the code line-by- the line and find any mistakes or issues. Debugging code is an essential component of the process of development and shouldn’t be omitted.

Working With Excel Visual Basic Objects

Excel Visual Basic objects are the core elements that comprise the Excel application like worksheets, workbooks, as well as cells. Learning how to use these objects is vital to write code with efficiency in VBA. It is essential for users to understand how they can manipulate the objects as well as the methods and properties they have access to. This means knowing how to utilize worksheet functions, design custom formulas, and design customized worksheets.

Conclusion

Excel Visual Basic is a powerful programming language that permits users to personalize Excel Visual Basic to customize Microsoft Office applications. VBA allows users to create custom worksheets automate routine tasks, and design macros that can streamline routine tasks. VBA is an object-oriented programming language meaning that it makes use of objects to represent components in Excel. Excel application. Knowing the fundamentals in Excel Visual Basic, writing code, debugging code and working with objects are important skills needed to use VBA efficiently. With the correct information and understanding, people can build powerful and efficient applications that can automate complicated tasks.

Building the Ultimate FIFA 21 Team

FIFA 21 is one of the most popular video sports games ever. It’s an excellent way to experience the excitement of football as well as the excitement of playing against the top players around the world. The process of creating the ideal FIFA 21 team can be an overwhelming task however, with the right equipment and the right knowledge, it’s possible to construct a formidable team that is able to compete with every opponent.

Types of Players

The first step in constructing the perfect FIFA 21 group is to determine which players you’ll need. Each player has different characteristics and roles, which is why it is crucial to select players who fit into the kind of team you wish to create. Most likely, you’ll require several midfielders, attackers, defenders and goalkeepers. Each player type has their own distinct job and strengths, so it is crucial to know the different roles each player plays and how they can be a part of the team.

A Comprehensive Squad

After you’ve identified the type of players you’ll need then you can form a complete team. This involves incorporating players for each position who have the same level of skill in order to effectively collaborate. It is essential to identify players with the correct qualities, like speed shooting, passing, and dribbling. It is also important to take into account the player’s age because younger players are likely to be more costly, however they are able to develop into elite players in the future.

Player Attributes

Next, you must analyze the unique characteristics of every player. This is an essential aspect to building a strong team because the characteristics of every player determine how they perform on the field. It is important to focus on the things like pace passing, shooting physicality, and dribbling. It is also important to think about the player’s position as well as their role within the team. This will help you identify players that can efficiently connect with one another and form a unit.

Budgeting the Team

The process of creating a successful FIFA 21 team isn’t just about picking the top players. You also have to think about the financial aspect of things. You’ll need the set budget per player, and be sure to stick to the budget. It is essential to set realistic goals when creating your budget as you don’t want to spend too much on one player only to find you short of money for the remainder of the team.

Team Chemistry

The team chemistry is an additional element of forming a successful FIFA 21 squad. The team chemistry between players could be a major factor in how they perform on the field. It is important to select players that complement each in their respective roles and collaborate effectively. It is also possible to use techniques to give players an additional lift or to help them be more suitable for the specific role.

Training Players

Once you’ve created your team, you’ll be required to teach your players in order to enhance their skills. The best method to accomplish this is to utilize games’ practice modes. It allows you to take the players in a wide range of exercises and drills, that will help them improve their abilities and improve as players. Additionally, you can utilize the game’s training materials to provide your players with an immediate boost in specific areas.

Playing the Game

After you’ve got your team prepared and ready, you can take your team out on the field and get them playing. The best method to accomplish that is play on the internet with other players. This lets you challenge your group against range of opponents and observe how they fare. You can also test your team against computers to gain an understanding of how your team performs in various situations.

Conclusion

The process of creating a top FIFA 21 team can be an enjoyable and rewarding experience. It requires time, dedication and a thorough understanding of the game to do perfect, however the end result are gratifying. With the best players, the right finances, team cohesion and the right training, you can build a formidable team that is able to take on any challenge. Best of luck!