BONKDAO announced a new burning campaign aimed at eliminating one trillion BONK tokens, equivalent to approximately $43 million at current prices. This initiative follows the burning of $4 million worth of BONK, a significant memecoin on the Solana $218 network, which ranks as one of the largest in its category.
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In a recent update on X, financial educator and “Rich Dad, Poor Dad” author Robert Kiyosaki delivered a serious warning regarding the U.S. banking sector. According to Kiyosaki, a serious crash in the banking industry has already begun, marked by the recent closure of an Oklahoma bank.
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India’s regulatory position on cryptocurrencies and central bank digital currencies continues to fuel debate, with recent discussions suggesting CBDCs could have an edge over “private cryptocurrencies.” In an Oct. 23 X post, Sumit Gupta, the co-founder and CEO of CoinDCX, argued that CBDCs and cryptocurrencies like Bitcoin BTC tickers down $67,470 serve different purposes and “shouldn’t be viewed as competitors.”
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