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Tether mints billions, InQubeta presale nears $2 million on rising demand

Recently, Tether Holdings, the issuer of USDT, minted $1 billion of the stablecoin on Ethereum.  The rising demand for USDT has positively impacted the InQubeta presale, bringing it closer to $2 million.  This article explores the connection, examines Tether’s actions, and looks at the increasing interest in InQubeta’s  presale . Tether minting billions of USDT On June 12, Tether minted $1 billion USDT on Ethereum.  This is the second time Tether has released $1 billion USDT, bringing the total amount generated in 2023 to over $16 billion. Tether’s chief technology officer, Paolo Ardoino, said the recent USDT mint was part of a “restoration of inventory” on Ethereum.  You might also like: Traders bullish on Bitcoin and InQubeta, expect new highs in 2023 It is considered an “authorized but not issued transaction” and will not affect the overall market cap of USDT. Instead, the newly generated sum will be used as i...

EOS Foundation suing Block.one for $1 billion commitment breach

The EOS Network Foundation (ENF) is taking legal action against Block.one (B1), the original team who raised $4 billion in a year-long initial coin offering (ICO) for developing the EOS.io blockchain. In a tweet on July 5, the CEO of the ENF, Yves La Rose alleges that B1 didn’t fulfill its $1 billion investment commitments. EOS Foundation suing B1 In the legal update, ENF highlights its challenge with B1, asserting that the company had failed to fulfill its commitment to a $1 billion investment for building and expanding the EOS Network ecosystem. IMPORTANT UPDATE ON THE LAWSUIT AGAINST @B1 ️ The ENF is preparing a suit against B1 for failure to follow through on its $1B commitment ️ B1 is attempting to settle a separate lawsuit for $22M. You may need to opt out to be eligible to participate in the ENF’s lawsuit pic.twitter.com/uMnUVyRu4M — Yves La Rose (@BigBeardSamurai) July 26, 2023 ENF is a not-for-profit organization that is responsible for the growth and deve...

Investors anticipate Borroe at $1 billion, BNB under pressure and MATIC firm in 2023

Achieving a market cap of $1 billion is difficult for any digital currency. However, Binance (BNB) and Polygon (MATIC) are among the few that have surpassed this milestone. In addition to forecasting the future of BNB and MATIC, some investors believe Borroe, a crypto project, could also achieve the same feat this year. >>Buy ROE tokens now<<  Borroe is a web3 invoice and recurring revenue Marketplace Borroe is a revenue financing solution for web3 participants with cash flow issues. It consists of a blockchain and artificial intelligence (AI)-driven crowdfunding marketplace where they can exchange their future proceeds for instant cash. Borroe has the potential to post a $1 billion market cap due to the size of the invoice financing market, which stands at $3 trillion. In comparison, the crypto market is valued at $1.2 trillion. Borroe serves as a bridge between the two worlds by offering alternative financing options to businesses in web3, making it fast...