The adoption of the world’s largest cryptocurrency, BTC, has been at progressive highs for the past few months. Ukraine has been one of the latest countries currently adopting and putting cryptocurrency into use. Following the invasion made by Russia in Ukraine, the country has adopted BTC as a payment channel. Cryptocurrencies constituted most war donations,…
A China-based crypto mining company, Canaan, seems unscathed by the crypto ban placed by the Chinese Government last year. Indications from all ends show tremendous growth and performance in the country’s cryptocurrency space. The announcement from the company shocked the crypto enthusiasts. Despite Ban, Canaan Makes 117% Profits, Compared to 2021 The mining company revealed…
During the past few months, the cryptocurrency markets have been consolidated, with no thrilling bull movement or rally. The world’s largest cryptocurrency by markets cap, BTC, has been stuck below the $26,000 market price zone after dropping below $20,000 in May. All the rallies recorded in June and July failed to get the giant cryptocurrency…
The cryptocurrency space is vast and accumulative of other industries. Digital coins, tokens, and other virtual assets are very useful tools that have different functions in human daily living activities. Cryptocurrency is set to be infused into the film-producing and making industry. A Mexican-based film director has just revealed his plan to shoot and sponsor…
Cross-border payment facilitator and blockchain company Ripple seems unaffected by its lengthy ongoing case with the U.S. SEC. The company continued to grow with more users and astronomical gains. Goldman Sachs has acknowledged Ripple as a high-profile and reliable payment service provider globally. The banking expert also mentioned the company’s native token, XRP. He stated…
The past year has been a war tussle between Ripple, a blockchain company, and the U.S. crypto regulatory body. The Security Exchange Commission (SEC) and the cross-border payment company have met severally in court, in which the court rulings seem to be in favor of Ripple. U.S SEC Suffer Defeat Again Following Court Ruling The…
Union Bank of Philippine has decided to integrate cryptocurrency offerings with her financial and digital service institution. The Multi-awarded Universal bank has joined its peers in other countries to offer digital currency services. The announcement was made known earlier by the financial institution’s Executive Vice president, Henry Aguda, via a live broadcast. UBP To Launch…
Following the recent enforcement and regulations formulated by the SEC and CFTC, both agencies have proposed a move to amend private funds (PF) and cryptocurrency exposures. The regulatory move was announced by the SEC chairman, Mary Gensler, who stated that the move is aimed at securing investors’ funds. The CFTC chairman also supported the “private…
Seychelles-based crypto exchange platform, KuCoin has just announced its entry into the metaverse space. The company stated its intent to make explorations in the metaverse space. Kucoin and Univers Network To Enhance Metaverse Connectivity The collaboration between the two high-profile projects was announced earlier via a tweet from the KuCoin Twitter handle. However, the crypto…
Jack Miller has been one of the influential figures in making the largest world cryptocurrency, Bitcoin, adopted globally. He was nicknamed the “BTC evangelist”, following his activities and constant preaching of the cryptocurrency. Miller’s Strike Company Launches BTC Payment Credit Card During the early hours of the 12th of August, the bitcoin payment company Strike…
The upcoming merge upgrade transition on the Ethereum blockchain network seems to be gathering the attention of the cryptocurrency markets. The proof-of-work to proof-of-stake consensus protocol transition is slated to happen in September. However, the process for the transition would kick off in August, possibly from 11th to 16th, when the Goerli merge will take…
According to the company CEO, Ahren Posthumous, the NFTs will be launched into the marketplace In three different tiers; Gold, Bronze, and Silver. He stated that the company could get only ten proofs coin, which was kept due to non-use. The tokens would also be made more accessible and available to Africans. Momint Discovers Rare…
