Tag: top news

Solana Saga Crypto Phone: From Hype to Critique, Unraveling the Journey

The Solana Saga Crypto Phone entered the tech scene in April, fueled by anticipation and promises of revolutionizing the market. Solana co-founder Raj...

Nigeria’s Crypto Renaissance: ASC’s cNGN Stablecoin Signals Progress in Web3

On January 4, the ASC officially announced the launch of the cNGN stablecoin scheduled for Tuesday, February 27, 2024. The success of the...

Bitcoin Spot ETF Proposals Get Green Signal from US SEC after X Hacking Drama

The U. S. Securities and Exchange Commission officially approved the first US-listed exchange-traded funds to track Bitcoin. The US SEC has approved eleven applications...

Africa’s NFT Gaming Rise: Ninja Game Guild’s SYNCTHESIS Collaboration and SYNCFit Venture

Ninja Game Guild partnered with SYNCTHESIS to form a collaboration with its subsidiary of SYNCFit. GUILD Inc. operates the dedicated NFT game, fostering...

Bitcoin Surge Ignites Remarkable Rebound in NFT Sales for December 2023

The NFT sales in 2023 have shown a positive trajectory similar to its sister entity, cryptocurrency. At least 111,713 buyer addresses participated in...

Futureverse and Warner Bros Create Readyverse Studios

Futureverse has collaborated with Waner Bros to develop a multi-metaverse called Readyverse Studios. Readyverse Studios is based on the renowned movie Ready...

Marathon Digital Holdings Dominates UAE’s Crypto Mining

According to the CEO, Fred Thiel, the operation in Abu Dhabi has 2.7 exahashes online.  In November 2023, the crypto mining firm estimated...

Flatcoins: Revolutionizing Stability in Cryptocurrency Amid Escalating Global Inflations

Flatcoins enable improved value retention in a situation of escalating global inflations. The basket of Assets approach relies on a public cost-of-living index...

Cross-Network Integration: Etherscan Strengthens Position with Solscan Acquisition

Ethereum's block explorer recently announced the acquisition and integration of Solscan, Solana's explorer. Etherscan is an Ethereum block explorer used to navigate all...

Bitcoin Depository Receipts (BTC DRs): A Game-Changer for Institutional Investors in 2024

Bitcoin Depository Receipts are DTC-eligible Bitcoin securities aligning with the US-regulated market. BTC DRs contain similar principles and allow Qualified Institutional Buyers to...

Matrixport Predicts US SEC’s Rejection of Bitcoin Spot ETF Proposals

Bitcoin Spot ETFs are exchange-traded funds that track the value of Bitcoin and trade on traditional market exchanges rather than crypto exchanges. According...

Nigeria’s Crypto Laws: CBN Revisits Laws to Fuel Transparency and Security in 2024

In December 2023, the Central Bank of Nigeria removed the two-year restrictions on crypto transactions.  According to the rules, crypto providers can open...

Crypto Predictions 2024: Bitcoin’s Ascent, Ethereum’s Rally, and BNB’s Resilience

For 2024, Mobius informed CNBC that in the 2024 crypto market, Bitcoin may witness one of its highest points by going beyond $60,000.  ...

Orbit Chain’s $82 Million Crypto Theft Rings Alarms Ahead of 2024 Bull Run

According to experts, the crypto hacker exploited Orbit Bridge, the exchange's bridging services, siphoning $82 million worth of crypto coins. Orbit Chain has...

Sam Bankman Fried: Unexpected Twists and Turns in the Aftermath of the FTX Fiasco

According to the court's verdict, the former crypto king was guilty of looting over $8 billion of the exchange's user funds.  Federal prosecutors...

Nigeria’s Crypto Triumph: Shattering CBN Restrictions Amid Global Crypto Winter

In 2021, the CBN warned banks and financial institutes that facilitating payment for cryptocurrency changes was prohibited. In the first three months of...