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Quantoz unveils the launch of MiCA-compliant stablecoins $USDQ and $EURQ #Quantoz launches two new MiCA-compliant stablecoins, $USDQ and $EURQ, pegged to the Euro and the U.S. dollar on the Ethereum blockchain. Quantoz is regulated and licensed by the Dutch Central Bank as an Electronic Money Institution, with its stablecoins fully backed by fiat and highly liquid financial instruments. $USDQ and $EURQ will be available for trading on Bitfinex and Kraken on Thursday. In compliance with MiCA regulations, Quantoz will hold 2% of the token on its balance sheet. Additionally, Quantoz receives an investment from Fabric Ventures, Kraken and Tether. 👉 quantozpay.com/quantoz-payments-issues-euro-and-us-dollar-stablecoins/
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Monad introduced its testnet as part of a phased release #Monad has rolled out its testnet as part of a phased release following the launch of its devnet in March. Monad claims to have optimized #Ethereum for higher throughput, offering up to 10,000 TPS with a one-second block time. The network's token will be used to cover the carriage cost of including transactions in blocks and for executing transactions. Monad is a high-performance Ethereum-compatible #Layer1 blockchain. Previously, it secured $244M from Paradigm, Electric Capital, Placeholder Capital and others. 👉 theblock.co/post/327005/monad-testnet
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IOTA unveiled the biggest upgrade IOTA Rebased The IOTA Foundation has proposed rebasing #IOTA ’s #Layer1 to introduce a fully decentralized protocol, offering Layer 1 programmability with support for #MoveVM and #EVM , scalability exceeding 50,000 TPS and $IOTA staking capabilities. A governance vote will determine whether to adopt the new protocol or maintain the current network. If approved, the new mainnet could launch following a testnet phase, security audits, and exchange integrations, unlocking advanced programmability to drive industry demand and ecosystem growth. 👉 blog.iota.org/iota-rebased-fast-forward/
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COIN OF THE DAY #CSPR #CasperNetwork #CRYPTO2024 #DYOR
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MicroStrategy acquired $4.6B worth of Bitcoin #MicroStrategy obtained 51,780 $BTC for $4.6B at approximately $88,627 per #Bitcoin over the past week. By continuing to grow its Bitcoin holdings, the company maintains its status as a major force in the cryptocurrency market, drawing interest from investors and industry analysts. MicroStrategy is a development company that provides business intelligence, mobile software and cloud-based services. 👉 microstrategy.com/press/microstrategy-acquires-51780-btc-and-achieves-btc-yield-of-20-qtd-and-41-ytd-now-holds-331200-btc
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