After four years of research, the Central Bank of Nigeria (CBN) will finally roll out a pilot program for its own digital currency on October 1st, 2021. The CBDC project, named “GIANT,” will run on the modular blockchain framework Hyperledger Fabric. Nigeria Does Not Want to Fall Behind During a recent webinar, the Central Bank...Read More
Despite its recently rocky relationship with global regulators, leading cryptocurrency exchange Binance has revealed that its U.S.-based division, Binance US, is considering going public. Binance US Considers IPO Changpeng Zhao (CZ), founder and CEO of Binance, made this known at the ReDeFiNE Tomorrow 2021 blockchain virtual conference. Speaking on the future plans and the regulatory...Read More
It’s safe to say that this was a rather intense week in the cryptocurrency market, despite Bitcoin being only about 2% up throughout the period. Things started off rather calmly, and the market was pretty flat until Monday. Bears took control and brought the price down to slightly above $30K before landing the final blow...Read More
The cross-chain DeFi protocol THORChain suffered another major hack for $8 million. Last week the protocol was drained with a further $8.3 million in a separate attack. THORChain Got Hit Again The decentralized cross-chain exchange THORChain experienced a “sophisticated attack” on its ETH Router. The protocol announced on Twitter that this time the perpetrators drained...Read More
[PR – Lugano, Switzerland, 22nd July, 2021] Valuart, a startup that mints licensed NFTs derived from original artworks, has launched its first drop. The auction for ‘Spike,’ a digital artwork based on the iconic Banksy installation that first surfaced in Palestine, commenced on July 22. 50% of the proceeds raised from the sale will go...Read More
[PR – Tallinn, Estonia, 22nd July, 2021] CoinSwap Space, a decentralized exchange on the Binance Smart Chain, this week announced the option to stake their native CSS token and earn rewards in ADA. This new feature, along with the ability to earn rewards in ETH and LINK, is one of a trio of staking options...Read More
The Acala Foundation has recently announced the launch of its decentralized exchange (DEX), Karura Swap on the Kusama and Polkadot ecosystem, with its so-called “first trustless trading pair” KSM/KAR already available for trading. Over $3.4M in TLV In a Friday announcement, Acala noted that the KSM/KAR pair currently has over $3 million in Total Value...Read More
Both crypto traders and investors are concerned about the current state of the crypto market. SHIB desperately requires institutional backing to survive in this environment for a longer period of time, as the community and sentiments are proving insufficient. The entire crypto market, on the other hand, was on the edge of collapse before hitting...Read More
Jack Dorsey, the CEO of Twitter – one of the largest social media platforms on Earth – said that Bitcoin will be a big part of the company’s future. Yesterday, July 22nd, Twitter published its Q2 2021 letter to shareholders, as well as its Q2 Earnings Conference Call. During the call, Jack Dorsey discussed many...Read More
Please note that the previously announced platform downtime originally scheduled for 29 July has been postponed to 12 August at 02:15 UTC. During this time, we will temporarily halt trading on the BitMEX platform to facilitate a major upgrade to our operating system. From this time, any order actions will be rejected. Deposits made will...Read More
Following Elon Musk’s reaffirmation at “The B Word” event all the top crypto’s saw a surge in value. Dogecoin too followed suit of course, as it saw a rapid surge and reached the $0.20 level. However, it has failed to trigger the price upwards and is now trading sideways. Doge is trading in the $0.189530...Read More
With market domination of 44.17 percent, the BTC price is trading above $32K. In any case, it was outperformed by ETH and a number of altcoins, indicating that bulls are feeling more confident than they were earlier this week. All altcoins only require a good pump to maintain the short-term positive momentum. Due to enormous...Read More
Major bitcoin ATM operator Bitcoin Depot has inked a long-term partnership deal with convenience store chain Circle K to install Bitcoin kiosks in the United States and Canada. Bitcoin Depot and Circle K Partner to Install Bitcoin ATMs Bitcoin Depot announced the deal via a press release on Thursday (July 22, 2021). According to the...Read More
