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• Polkadot announced a major partnership with the Stellar network to boost liquidity. • DOT saw a short-term breakout, but it might be short-lived as the price approaches another sell zone. • Polkadot’s focus on stable assets may unlock more liquidity for the network. Polkadot and Stellar Partnership Polkadot recently announced a strategic partnership with …
• Nigeria launched its national CBDC nearly 18 months ago amid an acute cash crisis. • The value of eNaira transactions has increased to 22 billion nairas ($47.7 million). • CBDCs claim to provide a way for developing countries to beat the challenges posed by the fiat economy. Introduction Nigeria is witnessing an increased Central …
• USDC’s de-pegging event caused a surge in usage and balance on centralized exchanges (CEXs). • Proof of reserves helped to establish trust and transparency for customers using CEXs. • As a result, the market caps of BNB, OKB, and KCS have all seen an increase. USDC’s De-Peg Impact on CEXs The USDC stablecoin deviating …
•VeChain and BCG have released a 72-page whitepaper for VET 3.0, which includes a detailed roadmap of the VeChain protocol’s focus for the next few years. •VeChain wants to create initiatives to provide individuals with information needed to participate in the sustainability agenda. •The whitepaper also said that VeChain intends to form strategic alliances over …