Russia is reportedly gearing up to launch a new crypto-based cross-border payments system in an effort to overcome economic sanctions. Bloomberg reports that the Russian government wants to use digital tokens for cross-border transactions to help ease payment difficulties for its companies that have been affected by international sanctions placed on the country. According to people “with knowledge of the matter who asked not to be named discussing private information,” Russia will attempt to use the National Payment Card System (NSPK) to trade rubles and crypto assets when testing payments…
Day: August 26, 2024
PayPal’s PYUSD Stablecoin Hits $1B Market Cap as Activity Booms on Solana (SOL) Blockchain Amid DeFi Rewards
“My sense is that these incentives are not sustainable, but they are not designed to be permanent,” David Shuttleworth, partner at research firm Anagram, told CoinDesk. “Part of the idea here is to get more PYUSD into circulation and get users, especially new ones, on-chain and active on the Solana ecosystem.” Source link
BlackRock’s BUIDL $500M Market Cap Boosts Tokenized Treasury Market
Most of the recent growth, however, came from smaller issuers, rwa.xyz data shows. Hashnote’s offering mushroomed nearly 50% to hit $218 million over the past month. Meanwhile, OpenEden’s and Superstate’s products grew 37% and 18%, respectively, during the same period, both nearing $100 million market cap. Source
Which Meme Coin Offers Better Long-Term Investment Potential?
The cryptocurrency market is constantly evolving, with meme coins continuing to attract investors looking for high-risk, high-reward opportunities. Among the latest contenders are Husky Inu (HINU) and Mpeppe (MPEPE), both of which have generated significant buzz. But which of these meme coins offers better long-term investment potential? Let’s delve into the details. Husky Inu (HINU): A Rising Star with Community-Driven Features Husky Inu (HINU), a Solana-based token, has quickly made a name for itself in the crypto world. The project has already raised over 375,000 in its presale, currently in…
Can the OG Hold On?
The world of meme coins is witnessing a dramatic shift as new contenders emerge to challenge the dominance of established players. Among these, Mpeppe (MPEPE) is rapidly gaining momentum, posing a significant challenge to Dogecoin (DOGE), the original meme coin that has long held a dominant position in the market. With Mpeppe’s presale success and Dogecoin’s recent recovery, investors are now questioning whether Dogecoin can maintain its lead or if Mpeppe (MPEPE) is poised to take the throne. Mpeppe (MPEPE): A New Challenger with Meteoric Rise Mpeppe (MPEPE) has quickly…
Ethereum’s ICO Legacy vs. Mpeppe’s 150x Innovation: Which Will Prevail?
In the ever-evolving world of cryptocurrency, innovation is the key to survival and success. Two giants stand at the crossroads of this industry, each representing different eras and strategies: Ethereum (ETH), the pioneer of Initial Coin Offerings (ICOs), and Mpeppe (MPEPE), a new player promising up to 150x returns through its innovative approach. As the crypto market matures, the question arises: which will prevail in the long run Ethereum’s established legacy or Mpeppe’s groundbreaking potential? Ethereum (ETH): A Legacy of Innovation and Influence Ethereum (ETH) is the second-largest cryptocurrency by…
ETH Whale Accumulates Base Dawgz and Mpeppe For 1000x Returns
Fortunes can be made or lost in a matter of moments, and some seasoned investors known as “whales” are strategically positioning themselves for the next big crypto breakout. Recently, an Ethereum (ETH) whale has been making waves by accumulating large amounts of Base Dawgz (DAWGZ) and Mpeppe (MPEPE), betting on the potential for 1000x returns. But what makes these two tokens so appealing, and how do they stack up against the established powerhouse of Ethereum (ETH)? Ethereum (ETH): The Whale’s Backbone Ethereum (ETH) remains the cornerstone of the decentralized finance…
Base Dawgz Investors Seek Higher Profits From New 100X Rival
Base Dawgz (DAWGZ) has recently captured the attention of the crypto community, raising over $3 million in its presale, making it one of the most promising new meme coins on the Base blockchain. However, as the presale comes to a close, some investors are beginning to look beyond Base Dawgz (DAWGZ) for their next big opportunity. A new contender has emerged in the meme coin space: Mpeppe (MPEPE), which is being touted as a potential 100X rival to Base Dawgz (DAWGZ). Base Dawgz (DAWGZ): A Strong Start with Multi-Chain Potential…
Detained Binance Exec’s Wife Begs for His Immediate Release
Gambaryan, a former Internal Revenue Service (IRS) agent and Binance’s current head of financial crime compliance, was detained in Abuja in February, shortly after voluntarily traveling to Nigeria’s capital city at the government’s invitation. At first, Gambaryan and another Binance executive, British-Kenyan national Nadeem Anjarwalla, were held under house arrest without explanation. But when Anjarwalla escaped in March, Gambaryan was transferred to the notoriously dangerous Kuje prison, where he has spent the last five months. Source
Accelerating Innovation in the DePIN Sector
Every single DePIN project needs an explorer that shows the number and location of their devices, their token price and trading volume, their on-chain revenue, and other important metrics. Historically, each DePIN has had to create this for themselves which involves smart contract, backend, and frontend work and can take months. This is incredibly inefficient as this piece of the stack is basically the same across every DePIN project. Luckily, Hotspotty, EV3, IoTeX, and DePIN Pulse are here to help. Source