6/24/2023 0 Comments Amp coin reviewAs of 08:00 PM (UTC) today, BTC is trading at $18,892, down by -6.48%.Most major cryptocurrencies by market cap are trading lower. The global cryptocurrency market cap now stands at $0.85T, down by -5.24% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $18,746 and $20,408 over the past 24 hours. The burn includes the Auto-Burn as well as the Pioneer Burn Program.Decentraland's MANA Soars On Its Collaboration With Australian OpenDecentraland’s MANA token's price increased dramatically as a result of its collaboration with the Australian Open and high GitHub activity.European Union Postpones MiCA Vote to AprilThe European Union’s landmark new legislation, the Markets in Crypto Assets Regulation (MiCA), has been delayed due to technical reasons pushing the final vote till April.China's Digital Yuan Used to Buy Securities for the First TimeThe digital yuan (e-CNY), a digital token issued by the Bank of China, has been used to buy securities for the first time according to a local media outlet on Monday. Market outperformers include ACH, AMP, and VIDT, up by 30%, 24%, and 19%, respectively.Top stories of the day:BNB Chain Completes 22nd BNB BurnBNB Chain has completed its 22nd BNB burn and first quarterly burn of 2023. As of 12:00 PM (UTC) today, BTC is trading at $21,228, up by 1.95%.Most major cryptocurrencies by market cap are trading higher. The global cryptocurrency market cap now stands at $0.99T, up by 1.30% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $20,622 and $21,470 over the past 24 hours. By decentralizing transaction insurance, AMP eliminates third parties, such as merchant settlement, from consumer-to-business payments. AMP can be considered a form of transaction insurance that uses collateralized AMP to offset losses incurred by counterparties should a transaction fail. The open-source nature of AMP makes it possible for developers to use AMP technology to create secure transfer and collateralization platforms or applications. Once a transaction is verified, collateral is automatically released to the counter-parties. Payments made with AMP through the Flexa network are collateralized via a staking process, supported by smart contracts that lock assets until transactions are verified. AMP can be used to secure virtually any kind of asset transacted between parties, including fiat currency, property sale proceeds, loan distributions, and digital payments. AMP price is updated on Binance in real time.ĪMP can be collateralized with assets such as Bitcoin (BTC) or Ethereum (ETH), then used to make payments via Flexa instantaneously. As Flexa’s exclusive collateral token, AMP is used to minimize risk between counter-parties in transactions and facilitate crypto-collateralized payments at virtually any retail or online location. AMP is an ERC-20 token used to collateralize payments on the Flexa asset transfer network.
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