Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar
Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.
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Nayib Bukele meets Elon Musk at Tesla to discuss AI, future of humanity
President Bukele visited Tesla to meet with Elon Musk and discuss the future of AI, Bitcoin, and El Salvador’s emerging role in tech innovation.
India state refiner HPCL uses blockchain to verify purchase orders
Hindustan Petroleum, one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders. 222 Total views 2 Total shares India’s state-run refiner Hindustan Petroleum (HPCL), one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders (POs).HPCL
Central African Republic to tokenize the nation’s natural resources
The impoverished country has launched an ambitious crypto project that includes using Bitcoin as legal tender, attracting investment and creating its own metaverse. 98 Total views 3 Total shares The Central African Republic (CAR) has announced plans to proceed with its ambitious Sango Project by tokenizing access to the country’s abundant natural resources. President Faustin-Archange…
Crypto mining reportedly rises in Thailand due to Chinese crypto ban
Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto. 814 Total views 7 Total shares Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega ban enforced in September.Thai entrepreneurs and cryptocurrency businesses have…
Abu Dhabi proposes framework for fiat-referenced tokens
FRTs are a type of stablecoin backed by liquid assets denominated in the same currency as the token and can be liquidated with minimum adverse price effect.
BNB Chain releases year-long technical roadmap to develop ecosystem
The major areas of focus surround increasing validator decentralization, developing capabilities for governance via the BNB token, and deploying a number of Binance Chain Evolution Proposals. 197 Total views 2 Total shares BNB Chain has announced the launch of a technical roadmap designed with the intention to enhance the network's decentralized structure, infrastructural capacity for…
Ethereum’s high gas fee crisis won’t be solved by EIP-1559: Coin Metrics report
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