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Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency

Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency […] дальше »

2021-4-23 13:30


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Bank of England and HM Treasury Create Taskforce for Proposed CBDC Project

The Bank of England (BoE) and Her Majesty’s Treasury (HM Treasury) have jointly created a task force for the UK’s proposed central bank digital currency (CBDC) project. Taskforce to Explore Modalities for UK’s CBDC In a press release published on Monday (April 19, 2021), the BoE and the HM Treasury instituted a Taskforce that wouldRead More дальше »

2021-4-20 23:00


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Switzerland: Custody Firm to Offer DeFi, Proof-of-Stake Services to Banks

Traditional banks are steadily dripping their feet in the DeFi waters. METACO to Offer DeFi Services to Banks According to a Coindesk report published on April 13, Swiss crypto custody firm METACO is expanding its suite of services to enable clients to get exposure to more niche landscapes within the cryptocurrency industry such as decentralizedRead More дальше »

2021-4-14 13:01


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Bitcoin’s Creator Satoshi Nakamoto Is Now a Member of the Top 20 World’s Richest People

This week our newsdesk covered the world’s wealthiest cryptocurrency billionaires after the American business magazine Forbes published the 2021 list of billionaires. Now it was mentioned in our report that Satoshi Nakamoto didn’t make the cut, even though Bitcoin’s inventor is one of the wealthiest people in the world. дальше »

2021-4-13 23:30


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Galaxy Digital Seeking to Launch Bitcoin ETF in the U.S.

Galaxy Digital, a digital assets investment management firm, has become the latest company to file for a Bitcoin exchange-traded fund (ETF), with the U.S. Securities and Exchange Commission (SEC). Galaxy Digital Files for Bitcoin ETF In a Form S-1 published on Monday (April 12, 2021), Mike Novogratz’s Galaxy Digital stated its intention to launch aRead More дальше »

2021-4-13 19:15


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World’s Wealthiest Annual Ranking Now Lists 12 Crypto Billionaires

The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list of crypto billionaires is 3x larger than last year. дальше »

2021-4-12 08:30


Chinese Company Meitu Buys Another $10M Bitcoin, Now Owns $100 Million in BTC and Ether

Publicly-traded Chinese company Meitu announced the purchase of an additional 175. 6 Bitcoin at approximately $10 million, as per the filing published on April 8. With this latest purchase, the company has completed its $100 million worth of crypto, Bitcoin, and Ether combined, accumulating ever since adopting a “cryptocurrency investment plan” in March this year. дальше »

2021-4-9 20:05


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The Most Viewed Crypto Videos: Ethereum Captured More Views on Youtube in 12 Months Than Bitcoin

Total Processing, a merchant services company has published a study this week about the most-watched cryptocurrency videos on Youtube during the last year. Even though bitcoin has climbed 700% since last April, ethereum has climbed 1,100% and videos pertaining to ethereum have accumulated the most views since April 2020. Ethereum Videos Are the Most Viewed […] дальше »

2021-4-9 16:30


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MUFG, Akamai Launch Scalable Blockchain Payment Network GO-NET

The high-speed blockchain-based payment network recently launched its first service to connect payment service providers. GO-NET Payment Network is Now Live According to a report by Ledger Insights published on April 7, GO-NET – a blockchain-enabled payment network set up as a joint venture between Japan-based MUFG and tech partner Akamai – is now live.Read More дальше »

2021-4-8 23:01


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Kyber Network (KNC) Unveils Highly Capital Efficient Dynamic Market-Making Protocol

One of the oldest decentralized exchange (DEX) protocol Kyber Network has unveiled the highly-anticipated dynamic market-making (DMM) protocol. Kyber Network Unveils DMM In a blog post published on April 5, on-chain liquidity protocol Kyber Network finally unveiled the mainnet beta release of the Kyber Dynamic Market Maker (DMM) protocol. дальше »

2021-4-6 19:00


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BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’

The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences between gold and bitcoin and the study said that the crypto asset “fits the description […] дальше »

2021-4-1 03:30


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Youtuber Builds a Bitcoin Miner Out of a 31-year old Nintendo Game Boy

On Saturday, a popular Youtuber named Stacksmashing published a video that shows him hacking a 1989 Nintendo Game Boy in order to mine bitcoin. Despite the creativity and the fact that the miner only leverages four double-A batteries, Stacksmashing noted that the 8-bit handheld game console was not nearly as powerful as today’s modern mining […] дальше »

2021-3-29 18:00