India’s CBDC has attracted 5 million users and 16 banks. The RBI is in no rush to launch a full-scale CBDC program yet. India’s CBDC program has onboarded at least 5 million users and witnesses participation from 16 banks, revealed Shantikanta Das, the Governor of the Reserve Bank of India, the country’s central bank. In his talk on Monday in the Indian city of Bengaluru, Das mentioned the magnitude the program has grown to, but made the RBI’s stance on taking it slow clear. “It is important...
Read More »MakerDAO Rebrands to SKY Introducing New Stablecoin and Governance Token
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Read More »Litecoin Faces Mounting Pressure as Market Value Declines
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Read More »Binance to List Eurite (EURI) with Zero-Fee Trading Promotion Starting August 28
Binance, a leading cryptocurrency exchange, is set to list Eurite (EURI) and open trading for new spot trading pairs on August 28, 2024, at 10:00 (UTC). In celebration of this launch, Binance is introducing a zero-fee promotion for trading EURI pairs. It makes this an attractive opportunity for traders. It is also pivotal for EURI as it is one of the earliest EURO stablecoins under the MiCA regulation in the EU and the EEA. EURI Deposits Open Ahead of August 28 Launch on Binance; Withdrawals...
Read More »AI Tokens Market Cap Surges Nearly 80% to $32B as Investor Sentiment Improves
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Read More »Polymarket Bettors: Telegram CEO Pavel Durov Faces 78% Chance of Release by October
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Read More »Buenos Aires High Schools to Integrate Ethereum Technology into Curriculum
The ETH Kipu Foundation has established a significant partnership with the Ministry of Education of Buenos Aires to integrate Ethereum and blockchain technology into the high school curriculum. This collaboration represents a notable advancement in technology education within Argentina. This partnership is set to impact the broader Latin American region. As part of this initiative, students in Buenos Aires will commence professional internships related to blockchain projects starting August...
Read More »Stablecoin Market Sets New Record at $168 Billion
The stablecoin market has reached a new milestone, with its total market capitalization hitting an all-time high of $168 billion. This achievement follows 11 consecutive months of growth, as shown by data from DefiLlama. The current potential exceeds the maximum of $167 billion recorded in March 2022, indicating a clear recovery and growth stage for stablecoins. It is important to note that this data does not include a category often referred to as algorithmic stablecoins, where the value is...
Read More »Stablecoins Hit Record Market Cap of Nearly $170 Billion After Year of Growth
Stablecoins have reached an all-time high market cap of $169.57 billion following nearly a year of uninterrupted growth. Leading assets such as Tether’s USDT and Circle’s USDC have seen a significant resurgence this year, in addition to a newcomer. Stablecoin Market Cap Surge Data compiled by DefiLlama revealed that this is the highest market cap for stablecoins, surpassing the previous peak of $167 billion established in March 2022, which later declined to $135 billion by...
Read More »Shiba Inu’s DAO Takes Shape: Leash Token Holders to Play Key Role
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