Nonprofit organization Glo has announced the Aug. 2 launch of Glo Dollar, a regulated stablecoin with an ambitious goal: leveraging cryptocurrency yields to lift millions out of extreme poverty. CryptoSlate spoke with Jasper Driessens, Co-Founder of Glo, about the project’s goals and how it leverages traditional finance to fund a non-profit stablecoin. Leveraging Treasury yields to The post Exclusive: Non-profit Glo launches stablecoin leveraging yields to alleviate extreme poverty appeared first on CryptoSlate.

Dubai has granted a coveted full crypto license to a subsidiary of Japanese financial giant Nomura Holdings Inc., according to BNN Bloomberg. This license represents further progress in Dubai’s ongoing pledge to position itself as a dominant hub within the crypto landscape, coming days after Binance received an MVP Operational permit from Dubai. The Nomura The post Dubai expands crypto licenses, granting approval to Nomura appeared first on CryptoSlate.

The founder of Tron, Justin Sun, has established a strategic partnership with the decentralized finance protocol Curve Finance. This partnership will introduce a stUSDT pool on Curve, marking a significant milestone for both parties. This partnership occurs amidst considerable market turbulence that Curve Finance is currently facing. In the past 24 hours, the total value The post Tron partners with turbulent Curve Finance to launch stUSDT pool amid market chaos appeared first on CryptoSlate.

The BALD token, which experienced an explosive surge of over 10,000% on the Coinbase-backed Base network before plummeting, triggered a storm of investigations on Twitter, with some analysts linking BALD to Alameda Research. Igor Igamberdiev, Head of Research at Wintermute, has conducted an in-depth analysis of the BALD deployer. No Coinbase link to Bald. According The post BALD token surge sparks rumors of ties to Alameda Research appeared first on CryptoSlate.

The TRON (TRX) network exhibited considerable growth in Q2 in daily active accounts, new accounts, and transactions, as metrics increased by 14%, 13.4%, and 28.9%, respectively, according to a recent report by Messari. Tron Q2 Growth. This growth coincided with the launch of BitTorrent Bridge and Stake 2.0, among other developments, showing promising expansion of The post TRON ecosystem grows amid increasing DeFi activity appeared first on CryptoSlate.