Cryptocurrency
Blockchain technology is vastly dominating diverse regions of the world and many residents of Deutschland seem to not want to miss out on this innovative trend. A recent chart publicized by KuCoin displayed the progression of crypto adoption by Germans. The wealthiest of all European nations seems to have over
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Following reports of how crypto usage is being regulated in certain regions of the world, there has been a recent announcement on Portsmouth city accepting this digital money for residents' daily transactions. According to the city's mayor, Deaglan McEachern, many residents of the city are informed about
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Africa has proven credible enough as one of the basic research grounds for most problems and inventions, including the blockchain technology wonder. Chainalysis, a blockchain analytic company, records an approximately 1200% rise in the value of the African cryptocurrency market within the periods of July 2020 and June 2021, as
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The concept of Web 3.0 is gaining attention as it targets democratizing the internet by taking power away from the big tech companies and putting the same in the hands of creators who focus on artworks, music and videos. At the beginning of the internet in the mid-late 1990s
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The Australian Competition and Consumer Commission (ACCC), have reported defrauding media publications of cryptocurrency trades involving some notable Australian personalities. These publications were allegedly aired on Meta-owned Instagram and Facebook. The publications were aimed at promoting certain investment strategies alongside crypto. There were hyperlinks attached to redirect Meta users to
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Rare Bears, on Thursday, took to its Twitter social media platform to affirm the news of its recently compromised moderator's server that led to a phishing fraud of about $800k worth of NFTs. According to reports, cyberpunks sent across a spoofing link on the Rare Bear Discord platform,
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A member of the mid-western Minnesota state cross-party assembly, Tom Emmer, has sent a message to the head of the Securities and Exchange Commission (SEC), Gary Gensler. The message was aimed at informing Gensler of the challenges of excessive investigative actions in the cryptocurrency sector. According to him, there are
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Amid its military unrest with Russia, the president of Ukraine, Volodymyr Zelensky has formally signed a law “On Virtual Assets”. The signed bill, as confirmed by the Ministry of Digital Transformation, intends to form a basis on the country’s involvement in controlling the operations of crypto assets. This development
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Polygon has affirmed that the ephemeral stop by Binance exchange was to push through with certain synchronization and upgrades of nodes to achieve a more stable network with fewer bug effects. The world's most renowned cryptocurrency exchange in terms of its trade flows, Binance, disclosed that it would
Mining
Bitfarms has announced its acquisition of land in the Sherbrooke area of Canada to build a new mining facility. The company announced that this new mining facility will replace other mining facilities belonging to the company in Canada. Bitfarms will invest over $1.7M and 25,000 common share purchase
Africa
Vice President of the Federal Republic of Nigeria - Professor Yemi Osibanjo on Friday hailed the positive impact of cryptocurrency and blockchain in global finance. Speaking at the Central Bank of Nigeria Economic Summit, the VP is quoted: “There is no question that blockchain technology generally, and cryptocurrencies in particular,
Bitcoin
The Government of Ukraine through its Ministry of Digital Transformation has released a web series to educate its citizens about Bitcoin (BTC), blockchain, and cryptocurrencies in general. The series which launched last week under the Ukrainian government's "Diia.Digital Education program", consists of eight episodes averaging