At the Blockchain Baddies event during Token2049 in Dubai, women in Web3 shared how clarity, education and community are key to attracting more women into crypto. In an industry filled with complexity, jargon and mistrust, women in Web3 say that the way to attract more women into the crypto space starts with clarity, education and community. At the Blockchain Baddies side event during Token2049 in Dubai, women shared personal experiences of entering the Web3 world and why they believe more female participation is essential for the future of crypto. In interviews with Cointelegraph, community members said the path forward begins with simplifying technical concepts and fostering environments where women can learn and grow. Read more
Donald Trump-backed USD1 stablecoin saw its market cap rise from $128 million to above $2 billion days before MGX’s $2 billion investment announcement by Eric Trump. USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch. WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market capitalization has continued to climb. Launched in early March with a $3.5 million supply, USD1 has expanded into a market cap of $2.2 billion at the time of writing, leaving rival stablecoins First Digital USD (FDUSD), PayPal USD (PYUSD) and Tether Gold (XAUT) behind, according to data from CoinGecko. Read more