The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), a group created in 2018 to promote blockchain adoption in Nigeria, have reached out to public institutions about the wrongful ...
Tag: crypto news
What Is Ethereum? A Ridiculously Simple Guide for Beginners
Ethereum (ETH) is a decentralized network for executing and verifying transactions that use lines of code called smart contracts. Smart contracts on Ethereum allow users to define and settle transacti...
Top Four Cryptocurrencies to Watch This Week: BTC, XMR, GMT, AUDIO
Closing the past week at $1.8 trillion, many will agree that the crypto market failed to excite as most cryptocurrencies lost some percent during this period. It saw a very little uptrend as the beari...
Police Arrest Four in India for Crypto Fraud, Confiscate $2 Million
Police authorities in the southern Indian city of Bangalore have arrested four people who were tied to a cryptocurrency ponzi scheme that operated through an app dubbed ShareHash. According to local ...
U.S. Secret Service Confiscates Over $102M Worth of Crypto Assets
In recent years, the crypto industry has gained significant interest from both institutional and retail investors. Aside from investors adding digital assets to their portfolio, an increasing number ...
Investment Platform Robinhood to Acquire UK-Based Crypto App Ziglu
Robinhood, an American commission-free investing company, announced on Tuesday that it has signed an agreement to acquire the UK-based crypto firm, Ziglu. Robinhood Acquires Crypto App Ziglu In an eff...
Binance Burns $740M Worth of BNB to Boost Deflationary Shock
Leading cryptocurrency exchange, Binance has recently completed the 19th quarterly burn of its native cryptocurrency, the Binance Coin (BNB). The latest burn is the second quarterly BNB Auto-Burn, a n...
Leading Crypto Startup BlockchainCom Plans to Go Public This Year
Leading cryptocurrency services firm BlockchainCom is in discussions with U.S. banks in an effort to conduct an initial public offering (IPO) later this year, Bloomberg reported Tuesday, citing people...
Global NFT Market Trade Volume Crosses $50 Billion Mark
The NFT market has continued to see growth and adoption despite reduced hype as compared to last year. NFT Market Trade Volume Hits $54 Billion According to recent data from crypto market analytics fi...
Association of Russian Banks Wants Ban on Non-Custodial Crypto Wallets
A letter from the Association of Russian Banks (ADB) to the Central Bank and departments showed that the group wants a ban on non-custodial crypto wallets, Izvestia reported on Monday. ADB’s Request f...
The Evolution of Contract Management to Blockchain-based Systems
Contract management is moving from manual or web-based contract management solutions to blockchain-based systems. Smart contracts are faster and easier to execute, making it likely that they will gain...
Credit-Based Stablecoin Beanstalk ($BEAN) Hacked for $182M
Beanstalk, a decentralized credit-based stablecoin protocol that is built on the Ethereum network, suffered a security exploit this weekend. Blockchain security firm PeckShield reported that Beanstalk...
Price Analysis 4/17: BTC, ETH, BNB, XRP.
BTC, as well as other cryptocurrencies, are still suffering from a bearish dominance that extends to the third week. The last two intraweek sessions have seen the crypto market lose a substantial amou...
Iran to Introduce 3-5 Year Prison Term for Illegal Crypto Mining
Iran is set to introduce increased penalties for illegal crypto miners that use subsidized electricity, a local media outlet reported on Saturday. Under the new regulations, offenders will be handed i...
GameInfinity Records Huge Phase One With 2/4 of Presale Allocation Sold
Key Takeaways 4% (10800000) of total token supply 270 million GAMEIN is allotted for presale With the ongoing hype, the team sold out 2% of the tokens with demand still incredibly high. The phase 1 pr...
UK Crypto Startup Fasset Secures $22 Million in Series A Funding
Fasset, a global digital asset gateway, has raised $22 million in a Series A funding round led by New York-based Liberty City Ventures and Pakistan’s Fatima Gobi Ventures with support from Soma Capit...
Ripple CEO Says Legal Battle With U.S. SEC Has Gone “Exceedingly Well”
Ripple CEO Brad Garlinghouse told CNBC during the Paris Blockchain Week Summit (PBWS) that the company is likely going to win its never-ending court battle with the United States Securities and Exchan...
Amazon Probably Not Close to Adding Crypto Payments, Says CEO
Andy Jassy, CEO of American multinational e-commerce company Amazon, told CNBC in an interview on Thursday that the online retail platform will not be adding support for crypto payments anytime soon. ...
US Treasury Links North Korean Hacking Group to Axie Ronin $600M+ Exploit
The United States Treasury Department has linked the notorious North Korean hacking group, Lazarus, to the over $600 million stolen from blockchain gaming project, Axie Infinity last month. On Friday,...
The Rise of Blockchain-Powered Decentralized Applications (dApps)
Decentralized applications (dApps), which often but not always utilize blockchain technology, have seen an exponential increase in both interest and use cases over the last several years. Unlike their...
USDC Issuer Circle Inches Closer to Becoming US Bank Charter
USDC issuer and global payments company Circle continues to edge closer to becoming a charter crypto bank in the United States, Bloomberg reported Thursday. Circle Closer to Becoming a Crypto Bank Cir...
Avalanche Developer Ava Labs Plans to Raise $350M at $5B Valuation
Ava Labs, the developer of popular blockchain network Avalanche, has joined a growing list of crypto startups seeking funds for business expansions. The Brooklyn-based blockchain development firm is ...
USDT Is the Most Serious Harm
In a press conference held by the State Council Information Office (SCIO) on Thursday, the Director of the Criminal Investigation Bureau of the Ministry of Public Security, Liu Zhongyi, shared some in...
We Are in the Final Chapter of PoW, Says Dev as Ethereum Merge Gets Delayed
The last few years have seen several postponements of upgrades that would take the Ethereum blockchain to a Proof-of-Stake (PoS) consensus mechanism. The final upgrade, dubbed the Ethereum Merge, has ...
Compound Continues to Soar as it Eyes $175
Following a bad start to the week, Compound has since recovered and is currently on its third day of uptrend. Bitcoin Cash also experienced the same sentiment but is showing signs of slowing down. The...
Aleph.im Integrates with Tezos to Provide Resilient Storage Solution for NFTs
Aleph.im, a cross-blockchain decentralized storage and computing network, announced today that it will integrate with Tezos blockchain. In line with Aleph’s previous integrations with blockchains like...
BlockchainCom Inks Partnership Deal With NFL’s Dallas Cowboys
Cryptocurrency financial services firm BlockchainCom has partnered with the American football team, the Dallas Cowboys, just a few weeks after hitting a $14 billion market valuation. BlockchainCom Par...
Four (4) Hot DeFi Projects Worth Watching in 2022
Blockchain technologies are attracting more and more people every year. They provide customers with many opportunities and benefits, such as trustworthiness, complete security, anonymity, and much mor...