Core Ignition Drop Claiming Guide

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 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
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Tether to launch a new stablecoin called GBPT

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Tether the issuer of the most popular stablecoin USDT announced its plans to launch a new token pegged to British Pound Sterling.

In the press release, Tether will be releasing GBPT by early July pegged to British Pound and GBPT will become the fifth stablecoin after U.S. dollar-pegged USDT, Euro-pegged EURT, offshore Chinese yuan-pegged CNHT and the Mexican peso-pegged MXNT.

This development comes after United Kingdom Treasury said in April on its website that it plans to become a global hub for crypto technology and investments.

GBPT will be built on Ethereum Blockchain and operate under Tether.to which will provide a faster, less costly option for asset transfers.

In Paolo Ardoino's comments, the CTO of Tether said
"We believe that the United Kingdom is the next frontier for blockchain innovation and the wider implementation of cryptocurrency for financial markets. We hope to help lead this innovation by providing cryptocurrency users worldwide with access to a GBP-denominated stablecoin issued by the largest stablecoin issuer".


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