The sanctions are a part of CBN’s efforts to discourage cryptocurrency usage and to firmly establish commercial restrictions on cryptocurrency trading. The Central Bank of Nigeria (CBN) has penalized three commercial banks in the country for failing to follow a directive from the regulation that prohibits consumers from transacting in cryptocurrencies. CBN’s Sanctions According to...Read More
The president of El Salvador – Nayib Bukele – canceled his appearance at the Miami Bitcoin conference. The leader explained that “unforeseen circumstances” in his home country require his presence. State of Emergency in El Salvador The ongoing Miami Bitcoin Conference will not see the presence of one of the biggest proponents of the leading...Read More
FIS, the US fintech giant processing over $2 trillion in transactions annually across more than 100 countries, announced that its subsidiary, Wordplay, will be the first global merchant acquirer that allows its clients to settle payments directly through USDC, the stablecoin that pegs 1:1 to the US dollar. CryptoCom, the Singapore-based cryptocurrency exchange, will act...Read More
Cryptocurrency security firm CertiK expands as a unicorn to join the ranks of blockchain-based businesses with a valuation upwards of $2 billion. CertiK is arguably the biggest blockchain security services provider in the field and has revealed a funding round of $88 million today. The company is valued at $2 billion following the latest round....Read More
Coinbase is reducing the number of confirmations required for several assets on the platform. We expect this change to both improve customer experience and security posture. What’s changed New confirmation requirements for Bitcoin, Litecoin, Ethereum, and Ethereum Classic pursuant to the table below: Why we made these changes Confirmation requirements for assets are based on...Read More
Samson Mow – former CSO at Blockstream – revealed the Bitcoin adoption plans of three different global jurisdictions on Thursday. One of them includes Mexico – where the nation’s president has extended an invitation to Mow to discuss the possibility. Spreading Bitcoin Adoption Worldwide Speaking on-stage at the Bitcoin 2022 conference, Mow explained how he’s...Read More
CashApp – the mobile payment service developed by Block – announced many major Bitcoin-related upgrades on Thursday. One of the new integrations allows users to automatically convert their incoming paychecks into Bitcoin. Another Wave of Bitcoin Features CashApp is quite familiar with Bitcoin and its surrounding technology already. It already allows users to purchase Bitcoin...Read More
The Ultimate Fighting Championship (UFC) announced it will distribute new bonuses for athletes that will be paid in bitcoin. The crypto awards will go to the top three fighters fans have voted for. Fight Night Bonuses in Bitcoin The UFC continues to engage further with the cryptocurrency industry. It disclosed new “Fan Bonus of the Night,”...Read More
Though Bitcoin was introduced in 2008 and had gained attention, the 2020 COVID-19 pandemic was the time when people realized the importance of cashless payment, and that brought digital currencies into the spotlight due to the economic crisis. In October 2021, Bitcoin also hit an all-time high at $61,000. But the Bitcoin bulls slowly lost...Read More
Meta, the company behind Facebook, is reportedly trying to develop its own token – not a cryptocurrency – to support its ambition of connecting users through the Metaverse. More tokens may be developed to facilitate the realization of the project, the report outlined. The newly explored token is like ROBUX for another metaverse Roblox reported...Read More
CEEK VR Price is up over 30% today, making it one of the top Metaverse crypto coins gaining the most price on CoinMarketCap. The recent price hike comes amid KuCoin and Huobi Global listing the CEEK token, contributing to the bullish momentum. Let’s look at CEEK VR and its token CEEK and see why the...Read More
The metaverse environment has heated up in recent weeks as massive funds continue to pour in from some of the most influential players in the cryptocurrency industry. Sam Bankman-Fried’s quantitative trading firm, Alameda Research, has participated in a private funding round of $3.6 million in the world’s first culture-led Metaverse. The round also saw the...Read More
Binance said that it was aware of the current issues regarding withdrawals on the Solana network and has halted withdrawals for the time being. The platform revealed that it was working with the project team to resolve the issues. No other details have been divulged at the time of writing. Binance tweeted, “SOL withdrawals may...Read More
PayMaya – one of the leading digital financial services platforms in the Philippines – rolled out a cryptocurrency feature on its app, allowing customers to deal with bitcoin and altcoins. The initiative aims to educate locals about the merits of the asset class and grant them access to it. PayMaya Enters the World of Crypto...Read More
China’s messaging app giant – WeChat – reportedly enabled digital yuan settlements on its platform. The service is available in all of the 23 regions where the financial product is being trialed, including Beijing and Shanghai. According to recent coverage, the biggest messenger application in China – WeChat – allowed clients to facilitate transactions in...Read More
Bitcoin has seen a downfall for the third consecutive day. The Bitcoin price started a major decline from the $47,000 resistance zone and the decline hasn’t stopped since then. The decline below $47,000 saw Bitcoin price dropping below $46,000, $45,000. At the time of reporting, Bitcoin Price is trading at $43,425 after a downfall of...Read More
While the cryptocurrency market is showing slight bearish momentum today, several Metaverse coins managed to hold support and even see slight price growth. Let’s look at the top three Metaverse coins gaining the most price today, ordered by 24-hour growth, lowest to highest. 3. CEEK VR (CEEK) +3.63% Launched in June 2018, CEEK VR is...Read More
