With the help of this guide, you can also add tokens to your MetaMask wallet that are not listed.

It often happens that you end up with a token that is little known or not on MetaMask's list. Then there is no other option but to add it manually.

In this short guide, we'll show you how to do it yourself in just a few simple steps.

Preparations

First, of course, you need to have a MetaMask wallet. You can easily do this by visiting MetaMask and adding it to your browser as an extension.

Once you are done installing the wallet, you will need the contract address of the token to be added. The easiest way to find this is with CoinMarketCap .

The easiest solution

Use the search engine to find the token you want to add. If you have this, you can add the token immediately in the Tokens or Contracts section by clicking on the MetaMask icon.

Source: CoinMarketCap

The manual solution

If the icon is not there, you can add it manually. In this case, you must copy the token address and then add it to your wallet as follows:

After opening MetaMask, click on the Assets tab.

Then scroll down and click on the Import tokens link.

Click on the Custom Token tab here.

In the Token Contract Address section, copy the contract address of the token.

Then click the Add Custom Token button.

Then click the Import Tokens button.

If you did everything right, the added token will appear in the Assets list along with the current balance.

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The former head of the platform was also wanted by Interpol for his role in the $40 billion collapse of the Terra Luna ecosystem in May 2022.

On March 23, a person suspected of being Terra Luna co-founder Do Kwon was arrested in the Balkan nation, according to a post by Filip Adzic , the Minister of the Interior of Montenegro.

Since the first announcement, local news portal Vijesti has confirmed that the Twitter account that posted the announcement is from the Ministry of the Interior of Montenegro and that the arrested person is a South Korean national.

"Montenegro police have detained a person suspected of being one of the most wanted fugitives, South Korean citizen Do Kwon, co-founder and CEO of Singapore-based Terraform Labs."

Adzic said that a person with "false documents" suspected of being the former "cryptocurrency king" was detained at Podgorica airport. Authorities are awaiting official confirmation of his identity.

 Since December 2022, South Korean prosecutors claim that Do Kwon is hiding in Serbia. However, the country does not have an extradition agreement with South Korea.

On September 26, 2022, Kwon was also added to Interpol's wanted list, who allegedly played a large role in the collapse of the $40 billion Terra Luna and Terra USD ecosystem in May 2022.

The fallen leader was also wanted by regulators in South Korea, Singapore and the United States.

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The Paris-based agency will oversee large stablecoins under MiCA and make rules under the landmark enabling law.

The European Banking Authority (EBA) is hiring employees with crypto knowledge to prepare for tasks under the European Union's upcoming Regulation on Markets in Crypto Assets (MiCA), according to the job advertisement published on Wednesday.

The Paris-based agency will be tasked with overseeing large stablecoins and drafting rules to fill in details of MiCA left open by lawmakers.

EBH announced that it is looking for a person with " thorough knowledge of crypto products and services " as well as several years of supervisory experience in financial institutions to carry out the task of " carrying out preparatory steps and creating a supervisory function " within the framework of MiCA.

EBH President José Manuel Campa previously told the Financial Times that he was concerned that he would not be able to comply with MiCA rules if he could not find the right qualified staff.

The EU has recently finalized the Markets in Cryptographic Assets (MiCA) legislation, which has a strong focus on stablecoins, and will apply to all 27 member states. There is still a long way to go before the details are enacted into law. If these are available, then certain details still need to be clarified, and the additional rules can come after that.

Policymakers representing the world's third largest economy have been negotiating the MiCA (Markets in Crypto Assets) framework for nearly two years. As it stands, the legislative package requires cryptocurrency issuers to publish a kind of technical manifesto called a “white paper,” register with authorities, and maintain adequate bank-like reserves for stablecoins.

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Sentiment surrounding the cryptocurrency market is the most positive since Bitcoin hit an all-time high nearly 16 months ago.

The Crypto Fear and Greed Index reached its highest index score this year. The last time we saw such a high value was when Bitcoin reached its all-time high in November 2021.

The index's March 21 update showed 68 points, which puts it firmly in the " Greed " range.

Source: alternative.me

The purpose of the Crypto Fear and Greed Index is to quantify the current "feelings and sentiments" regarding Bitcoin and the cryptocurrency market. The highest possible score is 100.

According to data from Coingecko , the index last recorded a score above 66 on November 16, 2021, a few days after Bitcoin hit an all-time high of $69,000 on November 10, 2021.

The sentiment surrounding BTC and crypto has become quite positive since the collapse of Silicon Valley Bank and the resulting collapse of the traditional financial system.

Over the past seven days, Bitcoin has gained about 27.8%, according to Coingecko, and has reached $28,000 for the first time since June 2022.

In a March 20 analysis, Matrixport's head of research at crypto financial services, Markus Thielen, said BTC has several positive indicators as "the liquidity story continues to play in Bitcoin's favor."

The analyst revised his short-term price target to $36,000 for June 2023, while he predicted a year-end target of $45,000.

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Airdrops are a method of distributing tokens to users. With the help of these, they can generate some echo around a project, or reward users, or create a new community.

The lifespan of a project depends on its ability to attract users. This is no different for crypto projects, but the projects here have a unique advantage. Blockchain projects can create their own tokens, with which users will be able to use their products later. One of the most important ways to distribute tokens is a technique called Airdrops.

What are Airdrops?

The term Airdrops comes from air supply. In ordinary language, this means that troops, equipment or supplies are sent by air to certain areas, where they are delivered by parachutes.

Things work similarly in the crypto world, only here everything takes place online and tokens are sent to users. Airdrops can be used for many things.

Loyal customers can be rewarded

There can be some hype surrounding a project

Potential customers who are open to new products or services can be identified

Project followers can be incentivized to perform certain tasks that help it grow, whether it's sharing social media posts or creating an account on a platform.

How do they work?

We generally classify them into two different groups. There are pre-announced Airdrops and there are those that are not announced .

Announced Airdrops are usually available at a predetermined time and are used to create hype. In such cases, users are often given some task, which they receive a reward for completing.

Airdrops that are not announced in advance are all randomly selected. This is usually used to delight and surprise users.

How can you find out about them?

An entire industry of forums has sprung up to help people figure out how to participate in Airdrops. However, companies also use their own distribution channels, such as Telegram or Medium, to inform users about upcoming Airdrops.

Who uses it?

It is popular with both large and small projects. Binance, for example, used this technique in 2017 to gain attention. And Dfinity's smart contract blockchain project issued $35 million worth of tokens during an Airdrops.

In 2020, the decentralized exchange Uniswap created and distributed UNI tokens to everyone who used the service. The goal then was to decentralize the DEX protocol. UNI holders can now vote on what to do with the UNI tokens in their wallet or what changes to make to the protocol.

So did people with the Ethereum Name Service web address in 2021, as this protocol also moved toward decentralization.

What are your limitations?

As Airdrops have grown in popularity, so have concerns about their validity as a way to build community. Some critics have argued that the indiscriminate nature of token distribution does little to foster an active community.

Many Airdrops owners stick with the tokens and do little to maintain and expand the network after tempers die down. In the United States, this type of practice has raised questions about tax liabilities and whether they represent income or capital gains.

Within Web3, some people feel that people don't care about projects, they just want tools that they can exchange for money later.

What does the future hold?

Airdrops are becoming an increasingly popular form of marketing blockchain projects. However, US regulations may make it difficult for American projects to offer Airdrops.

But a more deliberate approach to token distribution seems to be where the industry is headed right now. In the meantime, the popularity of Airdrops will continue.

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Bitcoin climbed to a nine-month high on Monday as turmoil in the banking sector prompted investors to turn to digital assets.

The largest cryptocurrency rose to $28,567, its highest value since mid-June 2022. In the last 24 hours, it has produced an increase of almost 4%, while amid growing expectations, central banks will slow down the pace of interest rate increases.

Bitcoin is up 26% in the past week, its best weekly gain since April 2019. It has jumped nearly 40% in the past 10 days as turmoil in the banking sector has spread around the world, culminating so far this weekend with UBS Group's purchase of rival Credit Suisse Group AG.

Traditional assets such as bank stocks and bonds fell on Monday after UBS sealed its takeover of state-backed Credit Suisse, a deal it had to pull to restore confidence in the battered sector.

Leading central banks around the world faced the risk of a rapid loss of confidence in the stability of the financial system on Sunday. Such a global response has not been seen since the peak of the COVID-19 pandemic.

"This impressive rise is the result of the banking crisis"

said Tony Sycamore, an analyst at IG Markets

He predicts that a move towards $32,000 will require Bitcoin to stay above the key support level around $25,000 .

Other market participants have also predicted that Bitcoin will benefit from central bank efforts to bolster liquidity in the global financial system.

In November 202, BTC hit a record high of $69,000 after central banks and governments introduced unprecedented monetary and treasury stimulus measures.

"Momentum is always driven by liquidity"

said Markus Thielson of Singapore-based digital device company Matrixport.

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Swiss authorities agreed to change the country's regulations to bypass the shareholder vote and announced the deal over the weekend.

UBS Group agreed to buy ailing rival Credit Suisse for $3.25 billion on March 19 as part of an "emergency order" to prevent instability in financial markets .

UBS has agreed to buy Credit Suisse for more than $2 billion, the Financial Times reported earlier, citing an insider. However, UBS's latest statement revealed that the total consideration for the deal is about 3 billion CHF, or $3.25 billion. That's still a significant bargain compared to Credit Suisse's March 17 market cap of 7.5 billion francs, or about $8 billion .

“This acquisition is attractive to UBS shareholders. But let's be clear about Credit Suisse. It is a "lifebouy". We have structured a transaction that preserves the remaining value in the business while limiting our negative exposure”

said Colm Kelleher, President of UBS.

To seal the deal, Swiss authorities agreed to amend the country's regulations to bypass a shareholder vote and announced the deal over the weekend before the market opened.

As part of the deal, the Swiss National Bank also committed to providing UBS with more than $100 billion in liquidity, according to reports.

The discussions were jointly initiated by the Swiss Federal Ministry of Finance, the Swiss Financial Market Supervisory Authority (FINMA) and the Swiss National Bank, and the acquisition is fully supported, UBS said in a statement.

UBS was not the only solution

Swiss authorities were considering alternatives to Credit Suisse in case the deal with UBS falls through over the weekend, including nationalizing the bank in whole or in part as an emergency solution.

Credit Suisse's rescue plan would also include losses for bondholders, raising concerns among European regulators. According to them, this would undermine investor confidence in the European financial sector.

UBS and Credit Suisse have been in talks with regulators since March 15, after Credit Suisse's largest shareholder, the National Bank of Saudi Arabia, said it would not increase its investment in the Swiss bank due to regulations . The comments added to concerns about the bank's ability to generate profits, sparking fears about a possible shareholder financing.

Credit Suisse was founded in 1856 to finance the expansion of the Swiss railways. It was considered the second largest bank in the country.

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Web3 represents the next generation of the Internet, focused on shifting power from large technology companies to individual users.

Web3 is a term we hear a lot these days. In this case, the term refers to the next version of the Internet that supports decentralized protocols. It aims to reduce dependence on big tech companies like YouTube, Netflix and Amazon. But what is it and why is it on everyone's mind?

So what is Web3?

In order to understand what Web3 is, it is worth looking back a little at what happened before.

The first version of the Internet, Web1, arrived in the late 1990s and consisted of a collection of links and websites. At that time, websites were not very interactive. It was all about being able to read things or post simple content that other people could view.

This was followed by Web2, which many call the "read/write" version of the Internet. This term refers to the computer code that allows you to open and edit files instead of just viewing them. This version of the Internet allowed people to not only consume content, but to create and post it themselves on blogs like Tumblr, online forums, and marketplaces like Craigslist. Later, the emergence of social media platforms including Facebook, Twitter and Instagram took content sharing to new heights.

After a while, the public became aware of how their personal data is collected by the tech giants and used to create customized ads and marketing campaigns. This is especially true for Facebook, which has been in the spotlight countless times for violating data protection laws. In 2019, it was fined $5 billion, the largest ever imposed by the Federal Trade Commission (FTC).

Although Web2 has brought amazing free services to the world, many people are tired of this "walled world" created by the big tech companies, where they want more and more control over our data and content. And this is where Web3 comes into play.

How is it different from the previous ones?

Web3 can be understood as the "read/write/own" phase of the Internet. Instead of just using free technology platforms in exchange for our data, users can participate in managing and operating the protocols themselves. This means that people can become participants and shareholders, not just customers or products.

In Web3, these shares are called tokens or cryptocurrencies, and represent ownership of decentralized networks known as blockchains. If we have enough of these tokens, we can have a say in the given network. And holders of control tokens can spend their wealth to vote on the future of a decentralized lending protocol.

What can be done in Web3?

Web3 enables the spread of cooperative management structures for previously centralized products. You can make a token out of anything, be it a meme or a work of art.

One of the greatest examples of this paradigm shift is the gaming industry. Gamers get annoyed a lot by the bugs that the developers leave in their favorite video game or how the latest patch has broken their favorite weapon.

Web3 allows players to invest in the game itself and vote on how things should work. Web2 giants such as Meta and Ubisoft create virtual worlds powered in part by Web3. NFT tokens will also play a huge role in reshaping the gaming industry by allowing players to become permanent owners of collected items.

What is against Web3?

The main criticism of Web3 technology is that it falls short of its ideals. Ownership of blockchain networks is not evenly distributed, but is concentrated in the hands of early adopters and venture capitalists. Recently, a public spat erupted on Twitter between Block Inc. CEO Jack Dorsey and various venture capitalists regarding Web3, bringing the debate to the fore.

At the heart of the criticism is the idea of ​​"decentralization theater," where blockchain projects are decentralized in name but not in essence. Private blockchains, venture capital-backed investments or decentralized finance (DeFi) protocols in which only a few people hold the keys to hundreds of millions of dollars are all examples of decentralization theater.

And despite the supposedly leaderless community of protocols, there are clear key figures. Ethereum co-founder Vitalik Buterin still wields enormous power over the network, even though he is no longer involved in development.

Things aren't much better within decentralized financial protocols either. Voters are often absent, often relying on centralized infrastructure. Creating blockchains is still difficult to get into, making it seem like arcane magic that only the most specialized engineers can pull off.

But despite the problems, Web3 has a lot of potential. Whether it is too idealistic to put into practice will be decided by ordinary users in the coming decade.

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Even though Bitcoin is a digital currency, you cannot make an infinite amount of it.

As in the case of gold, its value is determined by its rarity. In this regard, the Bitcoin protocol has two important foundations. First, there will only be 21 million Bitcoins in total. This now has approx. 90 percent of it has already been mined. This is why the second base is necessary, that the amount of new Bitcoin added to the network is halved every four years. This concept is called halving.

At the beginning of 2020, 12.5 new Bitcoins were added to the network every 10 minutes with virtual "mining". In May, this amount was halved to 6.25. In 2024, this will further decrease to around 3.125. And this process repeats until all 21 million coins are mined. This will happen around 2140 according to some estimates.

By issuing fewer and fewer Bitcoins over time due to the halving, it will likely increase the value of Bitcoin. This is in stark contrast to traditional currencies, which tend to lose value over time due to inflation.

How It Works?

Bitcoin is often compared to gold as it is a similarly valuable and rare asset that is likely to resist inflation. However, unlike gold, the digital and exact amount of Bitcoin is known and verifiable by everyone.

According to the United States Geological Survey, all the gold mined so far would fit in a little more than three Olympic swimming pools, but it is impossible to know exactly how much gold is left on Earth, as new gold deposits are discovered every year, making the amount of supply unpredictable. In contrast, Bitcoin is finite and its supply schedule is known.

Like gold, Bitcoin is "mined", but not by grapples and sieves, but by a global network of computers that compete to verify Bitcoin transactions and reward miners with Bitcoin.

This reward is halved approximately every four years to keep Bitcoin mining predictable, thereby maintaining its value and the massive fanfare surrounding it.

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Token burning involves removing a digital asset from circulation indefinitely and reducing its supply. But how does this work in practice?

Burning cryptocurrencies and NFTs is similar to burning cash or artwork, but the process is a bit more complicated than lighting a match.

But why would a crypto project want to destroy its own tokens? There are many reasons for this, and we will explore them.

What is token burning?

What does burning a token actually mean? Burning a digital asset involves sending tokens to a location from which they can never be recovered. These are also known as burn addresses, which effectively remove digital assets from circulation by locking them up forever.

A burning address is a digital wallet that cannot be accessed because it does not have a private key. Like a lock without a keyhole. Burning addresses are sometimes called "eater addresses".

Sending tokens to a burn address effectively removes the digital asset from the entire supply. That way, no one will have access to it, so no one can trade with it.

Burning tokens can also lead to an increase in the price of tokens that are still in circulation. The price of an asset can be understood as the relationship between supply and demand. If there is less of an asset available to investors than there is demand for it, the asset will become more valuable. See for example Bitcoin, of which there will be a total of 21 million available. On the other hand, if there is plenty of stock and enough to satisfy demand, the price of the asset often falls. An example is the Shiba Inu, which has an infinite amount of tokens, which can also be seen in its price.

By reducing the supply of tokens, burning tokens can create an imbalance with demand, which generally moves the price of the token upwards due to the increased scarcity of the asset.

Why is it necessary to burn tokens?

Occasionally, crypto projects burn their tokens in much the same way that companies buy back their shares, absorbing the cost of the shares. For this reason, projects burning tokens can even be interpreted as positive news, but they do not always have an immediate impact on prices.

This is because some token burns have been automated so that they happen regularly. But it also happens that they are released much earlier, so they are actually priced at the value that the token was trading at long before the burn. But it is also possible that other news related to digital assets has a greater influence on its price movement.

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