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Cryptocurrencies/Coins/Everus (EVR)
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14 days agocryptodaily
Poilievre’s courageous bitcoin stand
Pierre Poilievre recently won the Conservative leadership election by a landslide. His extremely pro Bitcoin stance is likely to bring him much bad press in the lead-up to his election fight to replace system favourite Justin Trudeau. Election landslide result Following a 7-month campaign, Pierre Poilievre became the new Canadian Conservative party leader, defeating the competition by polling 68% of the vote. His closest rival only managed to secure 16% of the vote. Poilievre is now ready to take the reins of power from Justin Trudeau who is likely to go for an earlier election given that he could avoid having to answer for his use of the Emergencies Act to put down a peaceful protest by Canadian truckers. Freedom from government The new opposition leader has put himself firmly in the pro-bitcoin camp, and at the same time he condemns how the world’s central banks print money “out of thin air” which he blames for the soaring inflation that is laying waste to the purchasing power of fiat currencies. The fact that Poilievre ran on a leadership campaign of freedom from government, and won by such a wide margin is very telling indeed. He espouses freedom of choice for the people and believes that they should be allowed to invest in and use bitcoin if they should wish. Many politicians, even in his own party, have counselled him to avoid what they feel is the thorny issue of Bitcoin, but to his credit Poilievre has never wavered from his view, and even though this might be something the opposition can seize upon in order to derail his election bid, he is not fazed. Be that as it may though, standby for a backlash from the banking-led system. The real battle begins Dominic LeBlanc, Liberal MP and cabinet minister, was early into the fray, saying: "What we've seen in his leadership campaign is a series of reckless and irresponsible ideas that we don't think will improve the Canadian economy. Somebody who's telling people to buy Bitcoin, somebody who's calling child care agreements 'slush funds,' doesn't feel like somebody who's serious about big issues around affordability, around the economy.” In an article recently published in the Canadian Financial Post, writer Ethan Lou, a former Reuters reporter, wrote a disparaging report on Poilievre, scorning his comment that “People can make their own investment decisions”. According to Lou, since winning the Conservative party leadership battle, Poilievre has very much toned down his “less mainstream stuff”, and hasn’t made a “single mention of cryptocurrency”. The system gears up It is probably to be imagined that this is just the beginning. It’s all very well for a Central American country to declare Bitcoin as a legal currency, but for such an important country as Canada to have a candidate for its prime ministership who understands and is entirely in favour of bitcoin, is another thing entirely. Expect the mainstream media big guns to start coming out over the next year or two as we approach the Canadian election. Mr Poilievre will have to turn in the most adept performance of his life in order to win it. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
17 days agocryptodaily
GRNGrid secures 50 million USD investment Commitment from GEM Digital
ZUG, SWITZERLAND, 19th September, 2022, ChainwireThe GRN Association announced today that it has secured an investment totaling $50M for the GRNGrid project from GEM Digital Limited, a venture capital focused on digital currencies. About GRNGrid GRNGrid is an environmentally friendly, scalable, and stable Layer 1 blockchain, with novel DeFi features. On GRNGrid, users have the choice to only use nodes running exclusively on renewable energy for their transactions. GRNGrid’s renewable energy partners, who specialize in data center and hosting facilities, have shown keen interest in running Grid’s nodes as validators. With their help, the company can kickstart the availability, speed, and sustainability of GRNGrid in Q2 2023. GRNGrid’s novel features as GRNPay and Exnode will also encourage developers and consumers to connect on GRNGrid. GRNGrid is also introducing Proof-of-Stake V2 (PoS2). GRNGrid is the first blockchain with a consensus method specifically designed to tackle whales and achieve fairer distribution. This consensus method will deliver increased security, enhanced decentralization, and better financial sustainability. GRN ($G) is the native token of GRNGrid. “G” will govern the blockchain by staking to validate and earn validation rewards. Consumers are able to provide liquidity to the inbuilt DEX called Exnode. The GRN Association is a Swiss-based NPO (non-profit organization), — and protects the sustainable vision of GRNGrid, as well as providing funding to environmental projects. The association also handles the ReCharge program, which enables GRNGrid validators to repurpose their hardware and cut back on electronic waste. The new funding from GEM will be invested in further connectivity with top crypto Exchanges, adding new global professional partnerships, and building out its blockchain technology and infrastructure. Frederik Vyncke: "The GRN Association is confident that with the support of GEM investment and the community, it can bring GRN Grid to fruition and be setting the tone for a renewable blockchain with innovative features and create a sustainable development" For more information, visit: GRNGrid | Twitter | Telegram About GEM GEM Digital Limited is a digital asset investment firm. Based in The Bahamas, the firm actively sources, structures, and invests in promising utility tokens listed on over 30 centralized and decentralized exchanges globally. For more information, visit: GEM Digital Limited ContactsBoard MemberJohn de VroedeGRN [email protected] MemberFrederik VynckeGRN [email protected]
18 days agocryptodaily
Crypto Weekly Roundup: Merge Live, Do Kwon Warrant, And More
It has been an iconic week for Ethereum and cryptocurrency as a whole. The much-awaited Merge has finally gone live, marking a beginning of a new era, where users now have access to a much faster, cheaper, and more scalable network. Let’s find out more. Bitcoin The Central Bank of Bahrain (CBB) is planning to roll out a Bitcoin payment processing and payout solution in partnership with Bitcoin payment processor OpenNode. The Environmental Working Group and Greenpeace have launched a petition to pressure Bitcoin to follow Ethereum and switch to a more climate-friendly protocol. Ethereum The Ethereum Merge went live, with the Ethereum Network successfully achieving the Terminal Total Difficulty (TTD) of 58750000000000000000000. The shift to Proof-of-Stake has also attracted closer scrutiny from the Securities and Exchange Commission (SEC), with Chair Gary Gensler hinting at a closer look at Ethereum from regulatory authorities. The Ethereum Proof-of-Work chain has revealed its plans for the mainnet after The Merge is fully implemented. DeFi In the latest development for Compound Treasury, institutional clients can now borrow from the DeFi protocol, using digital assets as collateral. Altcoins The United State’s oldest dictionary publisher, Merriam-Webster, added a fresh batch of terms, including “Altcoin,” “Metaverse,” and “Unbanked,” to its lexicon in a nod to crypto. Technology Leading Web3 API infrastructure provider Infura has announced that it will launch a Decentralized Infrastructure Network sometime next year. The Linux Foundation has announced plans to launch the OpenWallet Foundation (OWF) as a collaborative effort to create an open-source software engine to build digital wallets. The Chainalysis report titled “The 2022 Global Crypto Adoption Index” suggested the UK is the only major world economy to have increased crypto adoption this year. Business The bankrupt Celsius Network has revealed plans for a comeback as a crypto custody firm, including a name rebranding. An arrest warrant has been issued in Korea for Do Kwon, co-founder, and developer of the LUNA and UST cryptocurrencies. The main charge brought against him is that of violating the Capital Markets Act. Regulation Ruling in the instance of an outstanding loan case, a court in Beijing has found that cryptocurrency is protected by Chinese property laws. Following President Biden’s executive order, a 6-month investigation into digital assets has culminated in the first-ever comprehensive framework to help govern CBDCs and cryptocurrencies. A cryptocurrency bill has been submitted to parliament, which would grant the Central Bank of Uruguay (BCU) the authority to control virtual assets. The Conservative Party of Canada has elected pro-crypto politician Pierre Poilievre as its candidate for the next Prime Minister elections. Prime Minister Justin Trudeau wasted no time taking on his new opponent, criticizing his public position on crypto. NFT Fortnite creator Epic Games has launched its first NFT-powered game, Blankos Block Party, on its store. The company behind the Doodles NFT project has successfully completed a $54 million funding round led by Alexis Ohanian’s VC firm, Seven Seven Six (776). Web3 Starbucks has announced the unveiling of Starbucks Odyssey, an NFT-based loyalty program powered by the Polygon network that will allow customers to purchase collectible NFT stamps. Opera Crypto Browser has added support for crypto wallets such as MetaMask ahead of the highly anticipated Merge via a feature named “Wallet Selector.” The NEAR Foundation will be launching a $100 million venture capital fund and a venture lab to support web3 developments and entertainment. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
22 days agocryptodaily
Justin Trudeau Calls Rival’s Views On Bitcoin Irresponsible
The Conservative Party of Canada elected Calgary-born Pierre Poilievre as their next leader. Prime Minister Justin Trudeau wasted no time in taking on his new opponent, criticizing his very public position on crypto. Irresponsible Leadership It’s no secret that Canada’s newly elected Conservative Party leader is a Bitcoin and crypto enthusiast, and Prime Minister Trudeau is not a fan. Speaking on Monday at St. Andrews, New Brunswick, Prime Minister Trudeau was highly critical of his new rival, slamming his views on Bitcoin and Crypto. The Prime Minister stated, “Telling people they can opt out of inflation by investing their savings in volatile cryptocurrencies is not responsible leadership. By the way, anyone who followed that advice would have seen their life savings destroyed.” Twitter continued his attack on Poilievre on Twitter, stating that his views were not the signs of a responsible leader. “We’ve made every effort to work with all Parliamentarians over the years, and we’ll continue to do so. But we’ll also call out questionable, reckless economic ideas – because Canadians deserve responsible leadership. Telling people they can opt out of inflation by investing in cryptocurrencies is not responsible leadership. Fighting against life-saving vaccines is not responsible leadership. Opposing the pandemic supports that saved jobs and helped families is not responsible leadership.” Trudeau’s comments irked many Bitcoin enthusiasts and maximalists. A Campaign Focused On Fiscal Discipline Poilievre secured a landslide victory as the leader of the Conservative Party of Canada, securing over 68% of the vote. In contrast, Poilievre’s closest rival, Jean Charest, was able to secure only around 16% of the vote. Poilievre ran a campaign that focused on fiscal responsibility and reducing inflation, especially since it relates to an increase in the money supply. This is a common argument put forward by Bitcoin supporters, who put forward the cryptocurrency as an alternative to fiat money thanks to its fixed supply. Poilievre is a fervent supporter of Bitcoin and has been very public about his news during campaigning, having appeared on well-known Bitcoin podcasts. Thanks to Bitcoin’s limited supply of 21 million, it has earned the moniker of digital gold and a hedge against inflation, something which Trudeau is heavily critical of. Blockchain Capital Of The World Poilievre has promised to make Canada the blockchain capital of the world and pointed to positive job creation in the Web3 ecosystem, along with easier access to financial products and services. Poilievre has often hit out at the Canadian government, stating that it has ruined the Canadian dollar. “Government is ruining the Canadian dollar, so Canadians should have the freedom to use other money, such as Bitcoin.” He has also tweeted donation links, calling on supporters to take back control from bankers and politicians and make Canada the world’s blockchain capital. Bitcoin’s Dramatic Drop Despite the ongoing narrative of Bitcoin being digital gold, the cryptocurrency, along with the rest of the crypto markets, has registered a significant drop as world economies grapple with record inflation. The price of Bitcoin has fallen off a cliff and is down nearly 69% from its all-time high of $69,000, registered in November of last year. This dramatic price decline has made Poilievre vulnerable to attacks from political opponents over his fierce support of Bitcoin. Poilievre has also come under significant criticism from liberal and conservative opponents over his support for the Freedom Convoy protestors. Canada has been facing record inflation in recent months, which as of July 2022, stood at 7.6%, its highest level in 40 years. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
23 days agocoindesk
Canadian PM Justin Trudeau Attacks Opposition Party for Recommending Bitcoin as Inflation Hedge
The main opposition leader Pierre Poilievre propounded bitcoin as an inflation-beating asset early this year.
23 days agocryptopotato
Canada’s New Conservative Party Leader Is a Crypto Proponent
Winning over 68% of the votes, the pro-crypto politician Pierre Poilievre became the new leader of the Canadian Conservative Party.
23 days agocointelegraph
More resilient and user-controlled than the AWS: Colin Evran's vision for Filecoin
“Filecoin is more than just storage, one can think of it as an Airbnb for cloud services."
24 days agocryptodaily
Canada’s Conservative Party Goes Pro-Crypto With New Leader
The Conservative Party of Canada has elected pro-crypto politician Pierre Poilievre as its candidate for the next Prime Minister elections. PM Elect Believes Crypto As Solution For Inflation On Saturday, Pierre Poilievre was elected as the Conservative Party’s representative for the next PM election after securing 68% of the votes of his fellow party members. One of his main campaign points has been the country’s high inflation, for which he blames the current ruling government. He believes that crypto is the answer to the country’s inflation problem and has promised to untangle the web of crypto regulations by working with provincial governments if he is elected as the Prime Minister. His propensity towards crypto stems from his mistrust of governmental institutions, which is at the core of the decentralization movement that birthed cryptocurrencies. Conservative Party Elect Criticizes Trudeau’s Policies Poilievre has been quite vocal about his faith in cryptocurrencies and promised to give Canadians greater control over their money. His selection as the Conservative Party representative for the next PM election indicates a clear divide between him and the Liberal Trudeau over cryptocurrency. Poilievre has greatly criticized PM Trudeau’s decisions pertaining to the Coronavirus pandemic, especially the vaccine mandate. The former had also openly supported the Ottawa truckers protesting against vaccination and questioned the current government on its overreach into individual affairs. The PM had invoked emergency powers to disperse the protestors by freezing transactions from 253 crypto addresses. The move was widely criticized by most, especially by the crypto industry. Canada’s Crypto Progress The Canadian crypto industry is turning out to be quite significant. A recent report by the Bank of Canada has revealed that the number of BTC holders in the country has tripled from 2020 to 2021. Furthermore, the central bank has also looked into regulatory efforts around stablecoins, a move mirrored by most governments around the world following the Terra LUNA debacle. Additionally, the Canadian Securities Administrators have also mandated that all crypto companies operating in the country must abide by its anti-money laundering laws, cybersecurity, and KYC policies. U.K.’s New Pro-Crypto PM There is a global trend of more and more politicians and representatives adopting pro-crypto policies to appeal to the masses. The most recent and most noteworthy example of this instance is the U.K.’s new Prime Minister, Liz Truss, who has previously held a very crypto-friendly attitude in her tenure as the Secretary of State for International Trade. Although she has not been very verbal about her stance on crypto after she was appointed PM, she had previously talked about liberating free enterprise areas by removing regularities that constrain the potential of cryptocurrencies. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
24 days agocoindesk
The Conservative Party of Canada Elects Pro-Bitcoin Leader Pierre Poilievre as Party Head
Pierre Poilievre won the leadership race by a landslide and plans to make Canada the “blockchain capital of the world.”
112 days agocryptodaily
Unique NFT collections combine cutting-edge digital art and superior real-life experiences Ahead of this year’s much-anticipated EXIT Festival, the two-time winner of theBest Major European Festivalaward andone of the world's leading cultural, social, and entertainment events is set to launchtwo new NFT collections on the 20thand 21stof June. After its first HEADPHONE NFT collection sold out in record time in May,EXIT is stepping further into the Metaverse, collaborating with the famous model, pilot and human rights activist — CHRISTINA CARMELA and the superstar DJ and producer — MACEO PLEX. New EXIT NFT collections combine cutting-edge digital art and spectacular real-life experiences, making them unique in the NFT world. EXIT’s NFTs also provide access to the Metaverse, where the festival experience is enhanced and widely accessible,connecting virtual and real-life communities. “We will always strive to provide the best possible real-life experience as we strongly believe the human connection and energy can never be replaced. We see the Metaverse as an addition but by no means a substitute for the human experience. That’s why we use digital technology to amplify the real-life experience while blending the best of both worlds. And that’s just the first step; we go even further on our journey”, explains Dusan Kovacevic, the founder and CEO of Exit Festival, and continues: “We’re passionate about strengthening community connections and empowering the synergy between people. Our mission is to unite the artists, music industry professionals, and key stakeholders and organise it as a DAO (Decentralized Autonomous Organization) within the Metaverse. We believe the future is in this unity, and our goal is to go to the Metaverse together. Stay tuned, as you will hear much more about it soon.” says Kovacevic, who was recently named one of the most influential people in the European music and event industry. The SHADES collection, created with one of the biggest electronic music stars, MACEO PLEX, launches on World Music Day — June 21st. The WINGS collection, created in collaboration with model, pilot and human rights activist CHRISTINA CARMELA,drops the day before, on June 20th.On the same day, a limited number of new items available for minting will be added to the previously sold-out HEADPHONES collection. All EXIT collections contain once-in-a-lifetime live experiences in addition to unique digital art. Depending on their respective rarity, the NFTs will provide their owners with access to exclusive, secret and VIP zones at the EXIT Festival, access to theiconicstage of the mts Dance Arena, meet & greets with global music stars, private parties, as well as merch boxes,exclusive video and audio contentand airdrops!The NFTs also include digital fashion items, Maceo Plex’s shades and Christina Carmela’s wings, that you can put on your Metaverse avatar. All collections will be available for purchase on the environmentally friendly SolSea NFT Marketplace. ”We partnered with Exit Festival, one of the leading music festivals in the world, to bring more artists and audiences into the world of NFTs, as we believe that the future lies with Web3”, says Vitomir Jevremovic, founder of SolSea NFT Marketplace, and adds: “SolSea has been making waves in the Web3 space, with the focus on setting new standards for NFTs”. EXIT has been named the Best European Festivalby several publications and organisations, including the EU Festival Awardsand the UK Festival Awards. It takes place at the Petrovaradin Fortress in Novi Sad, featuring over 1000 artistsat over 40 stages and festival zones. The festival is well known for its forward-thinking spirit and social and environmental engagement. This year’s edition will take place from 7thto 10thJuly 2022, with an impressive list of acts including some of the biggest global superstars, such as Calvin Harris, Nick Cave & The Bad Seeds, rap iconIggy Azalea, hitmakers and trendsetters James Arthur, Masked Wolf, Disciples, Ofenbach, and Acraze.They will be accompanied by leading acts in today’s electronic music, such asMaceo Plex, Boris Brejcha, ARTBAT, Honey Dijon, Afrojack, Alok, Zhu, Reinier Zonneveld, Anfisa Letyago, Denis Sulta,Monolink, and Satorialongside influential bands such as the fierce Napalm Death, Sepultura, Blind Channel, legendary Marky Ramone and The Exploited, the sought-after act in the Balkans, Konstrakta,and many others. More information on the following official links: EXIT NFT WEBSITE EXIT DISCORD EXIT TWITTER EXIT INSTAGRAM EXIT FACEBOOK Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
160 days agocryptopotato
Canada’s Conservative Leadership Contender Vows to Audit the Central Bank, Says No CBDC Needed
Crypto proponent Pierre Poilievre attributed the recent hike in inflation to the central bank's mismanagement.
162 days agozycrypto
Bank Of Canada Governor Maintains That Its Financial System Would Always Be Built Around The Canadian Dollar, Not Crypto
The Governor of the Bank of Canada (BoC) has reiterated the place of the Canadian dollar, aka loonie, in the country's financial system. Tiff Macklem's statement responds to the recent vocal support that leading conservative party PM candidate Pierre Poilievre has given the nascent market as part of his campaign.
210 days agocryptodaily
Ardana Academy Is Changing the Crypto Education Landscape. Here’s How
There’s no denying the fact that the crypto market has continued to grow from strength to strength over the last few years, as is highlighted by the fact that between 2020 and 2022 alone the total market capitalization of the industry ballooned from $191 billion to a whopping $2+ trillion, thereby showcasing a growth of 10x — something no other company, asset class or industrial sector can boast of. In fact, Bitcoin’s market cap alone currently is touted to be worth more than that of many prominent mainstream entities including Berkshire Hathaway, Meta (the parent firm behind Facebook and Instagram), Visa, Walmart, JP Morgan Chase, Mastercard, Home Depot, Chevron, amongst many others. That said, despite this monumental growth, education pertaining to this fledgling industry has continued to remain quite lackluster. To this point, it recently came to light that just 2% of individuals who participated in a survey (residing across the US, Mexico and Brazil) were able to score 60+% in relation to basic concepts dealing with Bitcoin, Non-Fungible Tokens (NFTs), Stablecoins, etc, thus exposing the vast knowledge gap that currently exists within this sector. Similarly, another study released by cybersecurity giant Kaspersky revealed that only 1 in 10 people clearly understood the basic workings of crypto tech while another 29 percent claimed to possess “limited knowledge” about digital currencies. Why crypto/blockchain education matters As the power of crypto and blockchain tech continues to be harnessed on a global scale, it is of utmost importance that literacy associated with these domains continues to grow. To put things into perspective, a report released by blockchain analytics firm Chainalysis revealed that global crypto/blockchain adoption has grown by over 2300% since Q3 2019 and by over 881% during 2021. To help with this ongoing educational drive, Cardano-based blockchain protocol Ardana recently launched an initiative referred to as the ‘Ardana Academy’, which as the name suggests, is a portal aimed at those individuals seeking to learn about blockchain and crypto tech. In its most basic sense, Ardana can be described as an on-chain asset-backed stablecoin protocol that comes replete with a decentralized exchange stable asset liquidity pool alongside a host of other features. What is Ardana Academy? Ardana Academy can be described as a holistic educational ecosystem seeking to disseminate high quality teachings related to all things crypto and blockchain. As per the creators of the program, it seeks to promote crypto adoption by encouraging more people to get involved with this industry while alleviating any doubts they may have in relation to how blockchain tech works. To put it another way, Ardana Academy serves as a multimedia driven crypto education platform offering users of varying skill levels — be it novices or experts — with a holistic means of learning about blockchain technology. The modules contained within the system are designed bearing individuals with zero programming experience in mind, thereby making them suitable for everyone. As part of the academy’s curriculum, users are taught about various programming languages associated with this space as well as other pertinent topics that are needed to gain a more in-depth understanding of the digital asset market. A closer look at Ardana Academy’s curriculum In all, Ardana Academy’s educational framework consists of eighteen core modules that are divided up into four sections alongside a reference glossary that users can turn towards to help alleviate their common misconceptions. The first six modules deal with topics such as centralized/decentralized systems, the basics of blockchain technology, how blockchain can be used within the finance sector and the basics of decentralized finance (DeFi). These topics are quite introductory in their overall design and are meant to provide their readers with a foundational base of the blockchain/crypto market. The next six modules are a bit more advanced, dealing with certain niche aspects of how users can earn passive income via various DeFi avenues as well as the learn the basics of decentralized exchanges. Furthermore, individuals are also taught about stablecoins and how Cardano is designed to alleviate many of the pain points existing within today’s burgeoning blockchain ecosystem. The finax six modules deal primarily with Cardano and its associated programming languages (namely Haskell and Plutus). In addition to this, users are also given the opportunity to learn about Ardana and its key features such as its native forex trading framework as well as its decentralized foreign exchange. Lastly, there are also a number of explainer videos that users can watch to help expand/build upon their arsenal of blockchain related tools.
393 days agocryptodaily
ECB To Officially Start Investigating The Digital Euro, To Begin Development In 2 Years
The European Central Bank (ECB) has revealed that it plans to start investigating the possibility of a digital Euro with the launch of a 2-year investigation. Christine Legarde, the president of the ECB, believes that the bank should be ready to address the people’s demand for digital currencies. She stated that the ECB should come up with a European solution that does not jeopardize the banking system. Responding To The Demand For Digital Currencies In an interview with Klaus Schwab, the founder and executive chairman of the World Economic Forum, Legarde spoke up about central bank digital currencies (CBDCs) and, in particular, about the digital Euro. Legarde tweeted after the interview to announce the launch of the two-year investigation, “We at ECB believe that we should be ready and have the technology available to respond to people’s demands. That’s why we are launching a two-year investigation into a digital euro.” Legarde further commented explaining her position to Schwab, stating, “If customers prefer to use digital currency rather than have banknotes and cash available, it should be available. We should respond to that demand. And make sure that we have a solution that is European based, that is secure, that is available under friendly terms, that can be used as a means of payment at reasonable terms as well and does not jeopardize the whole banking system, which should be part and parcel of the proposal. After the conclusion of the investigation phase, the ECB will decide whether they should start developing a Digital Euro or not. Objectives Of The Investigation Legarde discussed CBDCs and the rationale behind a 2-year investigation period for the digital Euro, outlining the objectives of the investigation. The investigation is scheduled to start on 11th October and will have the following objectives. The investigation would focus on exploring how the digital Euro would be distributed to individuals and businesses. It would explore the impact of the digital Euro on the European market and any legislative changes required to facilitate the creation and use of the digital Euro. It will ensure that the digital Euro will not jeopardize the existing banking system. Legarde cited the above factors to explain why the ECB decided to put a 2-year time frame on the investigation. She also clarified that cash would continue to be available. Central Banks Around the World Exploring CBDCs Currently, several central banks the world over are exploring the use of CBDCs and planning to integrate them into the financial system. Jamaica’s National Commercial Bank (NCB) announced that its CBDC would be available from as early as September, with the bank scheduled to receive its allotment of the CBDCs next month. Ghana’s central bank has also announced its own plans for a CBDC and has signed a contract with Giesecke+Devrient to run a pilot CBDC program under the country’s new cash-lite initiative. Meanwhile, Nigeria’s central bank has also set the ball rolling and has sent a presentation about the e-Naira project to all Nigerian banks and has also issued guidelines and for the proposed digital currency. The presentation sent to banks reveals the design and the operational module of the e-Naira. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
399 days agocryptopotato
Evrynet Raises $7 Million to Make DeFi More Accessible to Institutional Investors
[PRESS RELEASE – Road Town, BVI, 1st September 2021] Evrynet is proud to announce a successful round of funding to the tune of $7 million. The round was comprised of numerous high-profile investors and backers. With the funds, Evrynet can bring decentralized finance to an institutional-grade audience. Evrynet, the team behind the Evry.Finance DApp, aims […]
400 days agocointelegraph
Evrynet's $7M raise highlights institutional appetite for DeFi
The market for decentralized finance continues to expand rapidly. With over $155 billion in total value locked, DeFi is becoming more attractive for institutional investors.
419 days agocryptodaily
Ghana Central Bank Embarks On CBDC Journey
The Bank of Ghana has signed a contract with Giesecke+Devrient (G+D) to run a pilot Central Bank Digital Currency (CBDC) program in the West African country. Ghana Goes Digital The decision behind the CBDC program was informed by the country’s new cash-lite agenda and their digital Ghana initiative that would involve the digitalization of 30 million Ghanaians and the country’s entire government services. The project will also act as a precursor to issuing a digital form of the national currency, the Cedi, known as e-Cedi. According to a statement made to LEADERSHIP, “[The program] also aims to facilitate payments without a bank account, contract, or smartphone, by so doing boosting the use of digital services and financial inclusion amongst all demographic groups.” Dr. Ernest K.Y. Addision, Governor of Bank of Ghana, stated, “CBDC presents a great opportunity to build a robust, inclusive, competitive and sustainable financial sector, led by the Central Bank. From all indications, the concept has a significant role to play in the future of financial service delivery globally. This project is a significant step towards positioning Ghana to take full advantage of this emerging concept.” Promising Tech Support From G+D To develop a custom CBDC solution best suited for the country’s requirements, G+D is providing the technological support known as Filia. It will enable the merging of cash advantages with user needs, along with providing tight security, easy accessibility, and high resilience, along with regulatory compliance and data protection. Additionally, the program is also promising secure offline payments, even without an internet connection. The program will first go through a soft launch/testing phase, where it will be tried out by banks, payment service providers, merchants, consumers, and other involved parties. Dr. Wolfram Seidemann, CEO of the G+D Currency Technology business sector, commented, “Central Banks around the world are exploring the introduction of digital money as legal tender. The Ghanian government is one of the first African countries now entering a pilot phase. We are proud to support Ghana with our technology and expertise.” CBDC On A Roll Now Ghana is the latest in a line of countries whose central banks have chosen the CBDC way. Several national financial organizations have already released their CBDCs, with many more launching their own projects. Recently, the Bank of Jamaica announced the launch of their first CBDC, which is being issued to deposit-taking institutions and authorized payment service providers. The Bank of Korea had launched a pilot program to test out CBDC as well, with Samsung joining the project to test its viability on the latest Galaxy smartphones. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
421 day agocointelegraph
Bank of Ghana to pilot CBDC with German securities printing firm G+D
Originally specialized in currency and securities printing, Giesecke+Devrient has been increasingly working with central banks like the Bank of Thailand in piloting CBDCs.

About Everus

The live price of Everus (EVR) today is ? USD, and with the current circulating supply of Everus at ? EVR, its market capitalization stands at ? USD. In the last 24 hours EVR price has moved 0.020947 USD or 1.33% while 183.338 USD worth of EVR has been traded on various exchanges. The current valuation of EVR puts it at #0 in cryptocurrency rankings based on market capitalization.

Learn more about the Everus blockchain network and how it works or follow the price of its native cryptocurrency EVR and the broader market with our unique COIN360 cryptocurrency heatmap.

Everus Price? USD
Market Rank#0
Market Cap? USD
24h Volume? USD
Circulating Supply? EVR
Max SupplyNo Data
Yesterday's Market Cap16,764,900 USD
Yesterday's Open / Close0.015728 USD / 0.036675 USD
Yesterday's High / Low0.346896 USD / 0.005002 USD
Yesterday's Change
1.33% ( 0.020947 USD )
Yesterday's Volume183.338 USD
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