The balancer is one of the most popular automated market makers (AMMs) and decentralized exchanges on the Ethereum network. It allows users to instantly swap tokens and earn fees when they provide liquidity to different pools.

Balancer competes with other platforms such as ERC20-based Uniswap and SushiSwap. It has its advantages and disadvantages.

This article aims to answer questions regarding Balancer, examine core features, customer support, security guarantees, and so forth.

Full details here

https://coins-gazette.com/post-detail/what-is-balancer-protocol-everything-you-need-to-know

Emirates, the largest airline in the United Arab Emirates (UAE), announced that it has plans to implement Bitcoin (BTC) payments and launch nonfungible tokens (NFTs) to be traded through the company's websites.

In a media gathering held at the Arabian Travel Market, the chief operating officer of Emirates, Adel Ahmed Al-Redha, reportedly stated that the Dubai-based airline will be onboarding new employees who will be focused on blockchain-related projects such as crypto payments, blockchain tracking, metaverse, and NFTs.

More details here.

https://coins-gazette.com/post-detail/emirates-the-largest-airline-to-accept-bitcoin-payments-and-launch-nonfungible-tokens

Terra is crumbling.
The blockchain project home to the popular algorithmic stable coin TerraUSD (UST), which had recently become the fourth-largest stablecoin by market value but now sits at fifth, is near collapse as UST repeatedly fails to sustain its $1 peg and LUNA, the blockchain’s native token, nears zero.

Terraform Labs, the tech start-up behind the development of Terra, halted the production of new blocks on the network on Thursday “to prevent goverance attacks following severe $LUNA inflation and a significantly reduced cost of attack,” it said on Twitter.

Full details here

https://coins-gazette.com/post-detail/what-terras-collapse-teaches-about-crypto-and-bitcoin

Buying new cryptocurrencies is for people who have money and can afford to lose it. If that does not describe you well, you may instead start with crypto by getting some coins for free. You can get free Shiba Inu, Cardano, Polkadot, Polygon Matic, Cosmos, USD Coin, Tezos, Spell Token, Decentraland, Internet Computer, Gala, ChainLink, Avalanche,... instantly without registration, referrals, or short links. It will not be much, but maybe enough for testing

Get full details here:

https://coins-gazette.com/post-detail/how-to-get-free-cryptocurrencies-instantly-without-registration-referrals-or-short-links

Nigeria has been trying to get more citizens to adopt its national digital currency, eNaira since it was introduced last year under the slogan ‘Same Naira, More Possibilities'. The Central Bank of Nigeria (CBN) is reportedly looking to allow people to use the eNaira for day-to-day payments such as booking flight tickets and paying utility bills. The aim is to popularise the use of the Nigerian Central Bank Digital Currency (CBDC) among more people.

The CBN is considering an update to its CBDC next week, making it suitable for daily payments in the country, a report by Nigerian publication Vanguard said on May 9.

Nigeria's apex bank has partnered with a mobile banking firm called Bizi Mobile to facilitate user payments via its CBDC.

Get full details here:

https://coins-gazette.com/post-detail/nigeria-plan-to-allow-flight-bookings-cable-and-electricity-payments-with-enaira-cbdc

Currently, Bitgert has the fastest growing blockchain ecosystem in the industry. However, this growth is estimated to explode due to the upcoming development in the Bitgert chain.

The announcement made by the Bitgert team emphasized that top fifteen cryptocurrencies will be launched on the Bitgert blockchain. The update was released on the Bitgert’s official Twitter handle and all other social media platforms.

https://coins-gazette.com/post-detail/top-15-cryptocurrencies-to-be-launched-on-bitgert-chain

Google Cloud Platform is putting together a specialist Web 3 team to take advantage of cryptocurrency and blockchain technology. The cloud computing services suite says its new Web 3 team will focus on building services for developers running blockchain applications. In addition, the team will also provide blockchain services to enterprises and customers looking to leverage the technology. The new Google Cloud Web 3 division, to be helmed by former Citigroup executive James Tromans, already has a descriptive roadmap set out. This includes better management of blockchain nodes as well as software for exploring blockchain data in third-party applications.

https://coins-gazette.com/post-detail/google-forms-web-3-team-to-help-developers-of-next-gen-apps-with-necessary-infrastructure

Argentina signs a $40 million partnership with Binance – its second-biggest sponsorship in history after Adidas.

The Argentine Football Association (AFA) is the governing body of football in Argentina, based in Buenos Aires. It organizes the main divisions of the Argentine league system, including domestic cups like Copa Argentina and Supercopa Argentina.

Full details here:

https://coins-gazette.com/post-detail/argentina-signs-a-40-million-partnership-with-binance

Cryptocurrency payments have become increasingly popular over the past year, and brands that want to attract a new user base have been drawn toward these assets. Gucci, a high-end luxury fashion brand in Italy, has announced support for cryptocurrency payments. These payments will be rolled out by the end of this month.

Gucci rolls out cryptocurrency payment
Gucci is planning to extend its cryptocurrency services to its 111 stores based in North America. The company will start by accepting 12 digital assets, namely Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Shiba Inu (SHIB), Litecoin (LTC), Bitcoin Cash (BCH), and Wrapped Bitcoin (wBTC). It will also accept five stablecoins backed by the US dollar.

Customers can use cryptocurrencies in Atlanta, Las Vegas, Los Angeles, Miami, and New York stores. To make crypto payments, a client will receive an email containing a QR code allowing them to access their crypto wallets.

Gucci employees have started receiving training on cryptocurrencies, Web3 and non-fungible tokens (NFTs) to prepare them for their venture into digital assets. In 2022 alone, Gucci has released two NFT collections named “SUPERGUCCI” and “Gucci Grail.” .......

https://coins-gazette.com/post-detail/gucci-a-high-end-luxury-fashion-brand-in-italy-plan-to-accept-cryptocurrency-payments

Twitter is working on a decentralised social media project called ‘Bluesky'. In a recent development, the Bluesky team has released its first batch of codes, while reinstating its commitment to moderate the content that would be allowed on its platform. Decentralised social media aims to move the space beyond the control of tech giants who currently control the platforms. Blockchain-based decentralised social networking apps will operate on independently-run servers, curbing the possibilities of targeted.

https://coins-gazette.com/post-detail/bluesky-decentralised-twitter-based-on-blockchain-have-shared-details-on-the-project

The local news outlet reported that an apartment in Braga, Portugal was sold for 3 BTC on Thursday in the first-ever real estate sale directly and entirely made in bitcoin, the local news outlet Idealista reported.

https://coins-gazette.com/post-detail/apartment-in-portugal-directly-sold-for-bitcoin-without-needing-a-conversion-into-euros

Binance is among 18 co-investors in Elon Musk's Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity Management and Research Company.

Major crypto exchange Binance has participated in Elon Musk’s $44 billion acquisition of Twitter, according to data filed with the United States Securities and Exchange Commission.
On May 5, Musk filed an amended general statement of the acquisition, announcing that Twitter received an aggregate of about $7.2 billion in new financing commitments in connection with the merger agreement, subject to the conditions in co-investor equity commitment letters.

According to the document, Binance is one of 18 co-investors in the acquisition alongside major crypto industry players like Sequoia Capital Fund and Fidelity Management and Research Company.

Having invested $500 million, Binance is the fourth biggest contributor, following Lawrence J. Ellison Revocable Trust, which invested $1 billion. Sequoia Capital and VyCapital donated $800 million and 700 million, respectively.

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The Opera web browser has added support for the BNB blockchain on its ‘crypto-friendly' platform. The integration will allow Opera users to buy and sell the Binance token and store their assets in its in-built crypto wallet. The integration will also provide access to decentralised apps (dApps) such as PancakeSwap, 1inch, and BiSwap, among others. As per Opera, this partnership with Binance blockchain will increase Web3 adoption among more people. The web browser team has also released an official update on the Opera blog.

“Opera boasts 350 million monthly active users globally, making this a partnership that has the potential to take Web3 adoption to the next level,” the blog post said. “Onboarding to crypto and interacting with dApps, gaming, cryptocurrency, and metaverse platforms on Opera's browser is customised for new adopters and experienced Web3 users alike.”

Web3 is the next leg of Internet as we know today. Largely based on the blockchain network, Web3 will support 3D experiences such as the metaverse and non-fungible tokens (NFTs) among others.

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Cool.