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Nigerian banks are teaming up with the nation's Central Bank and various blockchain companies to launch a new stablecoin, Naira (cNGN), slated for 2024. This comes after previous unsuccessful attempts by the government to initiate a similar project and a digital national currency. 
Folius Ventures, a venture capital company, has recently invested in the gaming studio Sleepless AI, renowned for its innovative blend of blockchain and artificial intelligence in gaming. The studio's development team is keenly focused on crafting immersive game experiences enhanced by AI companions. 
Sandeep Nailwal, the co-founder of Polygon, is exploring the idea of endorsing certain popular meme coins on the Polygon blockchain to draw in a broad array of new users. He noted that there is sustained interaction with these projects, even in the absence of inherent utility. 
Riccardo Spagni: Guarding Privacy, Just Like Monero
Riccardo Spagni, aka Fluffypony, is a former Monero CEO and co-founder of Tari Labs, a platform empowering companies to craft digital assets on the blockchain. However, Spagni is most renowned as a passionate advocate for privacy rights, currently drawing attention as a developer under scrutiny. 
In an effort to mitigate risks associated with other stablecoins, such as centralized and algorithmic ones, Gyroscope has launched the Gyro Dollar (GYD), a decentralized stablecoin, on the Ethereum blockchain. The project has attracted investments from key industry players like Galaxy and Placeholder. 