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Usual Money Launches Usual USD on Public Mainnet; TVL Reaches $90M


A project called Usual Money has officially unveiled its public mainnet, launching the usual usd (USD0) stablecoin. This initiative seeks to provide a decentralized alternative to traditional fiat-backed stablecoins. Usual Money Debuts USD0 Stablecoin and USD0++ Liquid Bond According to...

The First Descendant Hits 10+ Million Players Despite Controversy


Released last week, The First Descendant is a new sci-fi third-person looter shooter from Nexon that feels like a mix between Warframe, Destiny, and The Division. Yet despite mixed reviews and controversy involving icons and in-game purchases, The First Descendant has reached over 10 million...

The First Descendant, As Told By Steam Reviews


Korean mega publisher Nexon recently released its own take on the free-to-play looter shooter with The First Descendant. Since the birth of the genre over a decade ago, many titles have come and gone, but two of them have stood near the top pretty consistently: Digital Extremes’ Warframe...

2024 Election Bets Propel Polymarket to $111 Million in June Volume


According to metrics, the prediction market Polymarket has experienced notable volume over the past few weeks, with the firm reporting it accrued over $100 million in June and $8.2 million on the day the 2024 presidential candidates Donald Trump and Joe Biden debated on stage. The Rising Influence...

BIS Report Warns of Rising Public Debt Risks to Global Economies


The Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks posed by rising public debt levels across both advanced and emerging market economies. The report stresses that without fiscal consolidation, debt trajectories will...

Iran to launch public CBDC pilot in June


Unlike other types of electronic money in Iran, the digital rial doesn’t require interbank settlement to transfer funds between the buyer and the seller

Blockchains Are Revolutionizing Public Goods Funding


Rewriting how capital flows through society is arguably the biggest unlock in crypto. As blockchains compete for market share, we’re begging to see rapid experimentation with novel forms of funding that grow ecosystems, says Sophia Dew

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