The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards cr...
Tag: news
Coinbase Announces Launch of Ethereum Layer-2 Network
The cryptocurrency exchange Coinbase made the announcement about the launch of Base, an Ethereum layer-2 network, on February 23. The business has said that the newly launched network would provide a ...
Optimism (OP) Soars Above $3 on Coinbase News, BTC Choppy at $24K: Market Watch
Bitcoin continues with its indecisive price performance and its inability to successfully overcome $24,000 as it sits inches below that level right now. Most altcoins are also slightly in the red toda...
Eclipse to Launch Rollup Blockchain for Polygon Network with Solana Compatibility – Technology Bitcoin News
Customizable rollup provider Eclipse announced that the startup is launching a scaling solution that is compatible with Solana and Polygon. Eclipse disclosed that the Layer 2 blockchain can run smart ...
New crypto news for the Ripple-SEC lawsuit- The Cryptonomist
Crypto news: Ripple has again been mentioned by Twitter users in their debate over the NBA Top Shot NFT ruling, whose judge mentioned security. In fact, it is unclear whether Ripple’s lawsuit against ...
BTC Falls Below $24,000 Ahead of US Consumer Sentiment Data – Market Updates Bitcoin News
Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the upcoming consumer sentiment figures from the United States. The report from the University of Michigan is expected...
Stock market news today: February 24, 2023
U.S. stock futures languished ahead of the open Friday as Wall Street awaited a fresh print on the Federal Reserve’s most closely watched inflation measure for further guidance on the trajectory...
Nigerian Central Bank Seeks New CBDC Tech Partner — Bank Urged to Improve E-Naira User Experience – Africa Bitcoin News
More than a year after it launched its central bank digital currency with partner Bitt Inc, the Central Bank of Nigeria is reportedly seeking a new technology partner. The new partner is expected to h...
Binance Looking to Hire Developers, Support Staff in Romania – Exchanges Bitcoin News
Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educati...
Altcoin News: Chainlink (LINK) Price is Poised for a Meteoric Rise! Is It The Best Bet Right Now?
Volatility in the crypto space has been reduced significantly as the major cryptos maintain a very narrow trend. After testing the main resistance a couple of times, Bitcoin’s price faced rejection an...
Google Cloud to Become Tezos Validator and Offer Validation Services – News Bitcoin News
Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partne...
US May Consider Alexander Vinnik for Prisoner Exchange With Russia, Lawyer Says – Bitcoin News
Crypto exchange BTC-e’s alleged operator Alexander Vinnik may be a candidate for prisoner swap between the United States and Russia. That’s according to a statement by one of his lawyers for Russian m...
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base – Bitcoin News
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is in...
US Lawmaker Launches CBDC Anti-Surveillance State Act to Protect Americans’ Right to Financial Privacy – Regulation Bitcoin News
U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected bureaucrats” from “stripping Americans of their right to fi...
bad news for employees looking for raises, remote work and shorter work weeks
This week, Payscale released the results of its bellwether survey, the 2023 Compensation Best Practices Report. It’s not wonderful news for employees: fewer employers are offering pay raises and those...
Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme – Bitcoin News
Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 year...
Is Pioneer Natural Resources Poised for a Major Breakdown?
Pioneer Natural Resources (PXD) is an independent oil and natural gas exploration and production company posted mixed quarterly numbers (earnings beat, revenue miss) Wednesday night. Let’s check...
Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability – Bitcoin News
Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According...
Great Investing and Trading Requires This ‘Weird’ Combination
Market action, like we have on Thursday, brings to mind something that Warren Buffett’s business partner, Charlie Munger, said: Good investing requires a weird combination of patience and aggres...
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace – Bitcoin News
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Poli...
Where Will Carvana Drive to Next After Earnings?
Carvana Co. (CVNA) is scheduled to report its fourth-quarter results after the close of trading here on Thursday. Let’s get out the owner’s manual and look up the charts and indicators of ...
Arbitrum’s Daily Transaction Count Surpasses Ethereum for the First Time Ever – Bitcoin News
According to statistics recorded this week on Tuesday and Wednesday, the layer two scaling project Arbitrum’s transaction count has surpassed Ethereum’s. On Wednesday, Arbitrum processed 1,090,510 tra...
Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case – Bitcoin News
Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business ...
New York Attorney General Sues Crypto Exchange Coinex — Claims Trading Platform Offers Unregistered Securities – Regulation Bitcoin News
New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities broker-dealer and for falsely representing itself as a crypto e...
Bitcoin Price Doesn’t Care About Macro News: NY Fed Economists
The Federal Reserve Bank of New York led a study that examined the relationship between bitcoin and macroeconomic data, finding that the two barely have a link. “The key result is that, unlike other U...
ETH, BTC Rebound Following Fed Minutes – Market Updates Bitcoin News
Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further sig...
Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO – Fintech Bitcoin News
The Nigerian fintech, Chipper Cash, recently said it has let go of more employees and that this step has been taken to help the firm contain its operating costs. Although no figure of the number of ax...
Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia – Bitcoin News
A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man helped the regime in Pyongyan...
TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting – Bitcoin News
On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueus...