Hi guys, it has been very volatile months in crypto and after the euphoria of the months of April and May we have seen a very heavy correction. Bitcoin has lost more than 50% from its ATH and as often happens many altcoins have followed this trend.
However, the thing that never changes is the vision and objectives to be achieved of a project and in June Nimiq was very active on social media, communicating many news and progress towards increasing adoption.
NIMIQ OASIS LIVE
After months of testing, the tweet has arrived confirming the official release of OASIS, the technology that allows for atomic Fiat/Crypto swaps on non-custodial wallets to those who have a bank account with the possibility of making instant SEPA transfers:
To date, 06/27/2021, around € 600,000 have been traded:
BLOCKCHAIN FOR EU - NIMIQ
Nimiq was also present at the Blockchain4EU event, Philip discussed how interoperability will allow to connect the old and the new world in a way creating a standard:
NIMIQ MASS ADOPTION
The month of June saw El Salvador as the protagonist because after approval by the junta on the proposal of President Nayib Bukele, the country recognized Bitcoin as legal tender.
This has created a unique but expected and inevitable precedent, Nimiq for its part has been welcomed in Costa Rica where it obtains a consensus for transactions between Europe and Costa Rica:
CRYPTOPAYMENT LINK
cryptopayment.link is an easy tool that allows merchants and freelancers to easily start accepting cryptocurrencies (Bitcoin, Ethereum and Nimiq supported).
Find out how a beach shop started accepting $NIM and $BTC in Costa Rica:
Last but not least - ALBATROSS
Finally, a new tweet regarding the important update of the blockchain that provides for the introduction of the new algorithm thus changing the consent method from POW to POS anticipates that the long wait could be over:
I invite you to follow the main social platforms of the Nimiq team to not miss the latest news and the interesting Vlog on updates and behind the scenes.
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