The Central African Republic (CAR) has become the first country on the continent to unanimously accept a bill governing the use of Bitcoin. On April 26th, Faustin Archange Touadera, the President of C...
Tag: initial exchange offerings
Ethereum Name Service (ENS) Jumps 30% Amid Club Culture Frenzy
The native token for the Ethereum Name Service (ENS), a distributed naming system based on the Ethereum blockchain, increased by over 30% within the last 24 hours. The price of the token moved from $1...
Finnish Government Considers $77M Bitcoin Donation to Help Ukraine
The Finnish government has revealed plans to donate proceeds from seized bitcoins to assist Ukraine in its ongoing conflict with Russia, according to a recent report by a local media outlet. The repor...
U.S. Congress Members Own About $1.8M Worth of Crypto Assets, Raises Concerns
Recent data from 2iQ Research showed that more than 20 members of the United States Congress, both Democrats and Republicans, have invested approximately $1.8 million directly in crypto assets or indi...
Leading Blockchain Company 0x Labs Secures $70M in Series B Funding Led by Greylock
San Francisco-based decentralized exchange infrastructure provider 0x Labs has just raised $70 million in a series B funding after securing $15 million from its previous funding last year. Although ...
Top Three Cryptocurrencies to Watch This Week: BTC, ETH, APE
The past week was termed “unfruitful” as most cryptocurrencies failed to record any significant increase. The crypto market opened the timeframe at $1.8 trillion and peaked above $1.9 trillion. Unfor...
Binance Has Helped Recover Over $200M in Stolen Crypto
Changpeng Zhao (CZ), the CEO and founder of the popular cryptocurrency exchange Binance, revealed in an Interview with Financial Times that the company has helped to recover over $200 million of stole...
Fidelity Investments to Allow Employees Save Bitcoin in 401(k) Accounts
US-based financial services company Fidelity Investments said it would allow investors to add Bitcoin (BTC) to their 401(k) retirement savings accounts later this year. Fidelity Launches Bitcoin Reti...
U.S. Attorney Charges Griffith’s Partners For Conspiracy Against The United States
The Southern District of New York, through its Attorney General Damian Williams, has issued charges against two European nationals for allegedly conspiring to help North Korea evade U.S. sanctions. Th...
Bitcoin Sustainable Energy Mix Tops 58% as Network Becomes Greener
A recent survey report by the Bitcoin Mining Council (BMC), a voluntary global group of bitcoin miners who are committed to the network and it’s core principles, has revealed that Bitcoin mining is be...
Five Powerful Ways Elon Musk’s Twitter Could Affect Crypto
Tesla’s CEO and billionaire, Elon Musk, has now acquired the popular social media app, Twitter. The acquisition comes after the tech billionaire had earlier declined an offer to become a board member ...
Crypto Exchange Kraken Obtains Full Financial License in Abu Dhabi
Popular cryptocurrency exchange Kraken has secured a Financial Services Permission (FSP) license from Abu Dhabi Global Market (ADGM) to operate as a regulated virtual asset exchange platform in its ju...
ETH Briefly Flips $2,800 as $200 Million got REKT
A few minutes to the time of writing, Ethereum experienced increased sellers’ congestion that brought it as low as testing its 30-day low. The $2,800 support broke under intense pressure but rebounded...
Solana-based DEX Lifinity Raises $9.6M in IDO
Lifinity, a Solana-based decentralized exchange, raised $9.6 million in a recently concluded initial decentralized offering (IDO). The project raised the amount from over 2400 contributors representin...
Market Trend Hints at ETH Retesting $2,800.
Ethereum started the week losing almost 5% but recovered as the it found support at $2,880. It closed that session gaining a few percent. Ether saw more uptrends on Tuesday as it also closed a little ...
Cardano-based Hoskinsea Sells out 80% Allocated Token as Private Sale Ends in Few Hours
Hoskinsea marketplace is the largest NFT marketplace on the Cardano network. The platform is set to put in place all the advanced functionalities of NFT marketplace drawing some of its features from o...
Binance Recovers $5.8 Million From Axie Infinity’s Stolen Funds
Leading cryptocurrency exchange Binance said it has recovered $5.8 million linked to the recent hack of popular blockchain gaming project Axie Infinity. Binance Recovery of Nearly $6 Million Changpeng...
What is Sweatcoin? An All-in-One Guide for Beginners
Sweatcoin is a move-to-earn digital currency project targeting fitness enthusiasts. It’s designed to make fitness tracking as simple as possible while also rewarding users who achieve certain goals su...
Tron Sees a 15% Increase as KNC Extends Its Uptrend
The crypto market has maintained above $1.9 trillion over the past 24 hours as Tron experiences a 15% increase. Although there has been notable resistance at $1.93T, we observed that sector maintained...
How to Buy Bitcoin (BTC) with SEPA (EU) in 2022
You can buy Bitcoin (BTC) with SEPA using any reliable trading platform. The process typically involves transferring funds from your bank account via SEPA to a centralized exchange that handles the co...
Crypto Exchange Binance to Limit Services to Russian Users
Leading crypto exchange Binance said it will be restricting its services to Russian users in a bid to comply with the European Union (EU) fifth package of sanctions against Russia for its invasion of ...
Ripple CEO Claims Bitcoin Maximalism is Taking Crypto Backward
Ripple CEO Brad Garlinghouse revealed in a recent interview with CNBC that tribalism around Bitcoin (BTC) and other cryptocurrencies is hindering the growth of the entire crypto industry. Garlinghouse...
Nigerian Industry Group Calls Out Public Institutions Over Unlawful Crypto Stance
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 ...
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...