NEW: 🇮🇳 FLOKI ANNOUNCED PLANS TO BUILD SCHOOL IN INDIA!
- @RealFlokiInu, the issuer of the Floki meme coin, has announced its ambitious plan to build a school in India, furthering its global educational initiatives.
- Floki has successfully launched similar projects in Ghana, Guatemala, Laos, and Nigeria.
- The platform aims to advance its mission in developing countries by establishing schools.
- Citing India's vast population, diverse culture, and significant educational challenges.
- Floki is inviting Indian NGOs to collaborate on this impactful project.
NEW: Binance announces 55th project on Binance Launchpool -IONET (IO)
- @ionet the world's largest decentralized computing network that allows machine learning engineers to access scalable distributed clusters at a small fraction of the cost of comparable centralized services.
- Users can stake their $BNB and $FDUSD to farm IO tokens over four days.
- The farming will start from June 7th at 00:00 (UTC).
🇮🇳 India's voters delivered an unexpected result! While PM Narendra Modi's BJP and NDA allies are set to retain power, the outcome might delay progress on crypto legislation even further.
The crypto community shows support as Binance founder Changpeng Zhao begins serving his four-month jail term at a low-security federal prison in Lompoc, California.
Zhao plans to resume his involvement in cryptocurrency once his sentence is complete.
BREAKING: 🇺🇸 PAYPAL LAUNCHES US DOLLAR STABLECOIN ON SOLANA!
- Payment giant PayPal launches "PYUSD" stablecoin on Solana blockchain.
- Expansion aims to leverage SOL's high transaction speeds, low costs, and near-instant settlement.
"The issues with legacy payment rails are well- known. They tend to be slow and expensive, involve too many intermediaries, require complicated arrangements such as pre-funding and liquidity requirements, and exclude the unbanked around the world."
- PayPal launched "PYUSD" back in August 2023 and the asset boasts a current market cap of around $400 million.
- That said, the asset has not been without controversy and, in November 2023, PayPal was issued a subpoena by the SEC in relation to the "PYUSD" stablecoin itself.