Bitcoin
Square Inc - the payments subsidiary owned by Twitter CEO Jack Dorsey, is set to invest in a new Bitcoin Clean Energy Initiative which aims to make crypto mining more eco-friendly. Announced this week, Square says it will be investing $10 million in the project in a bid to support
Business Directory
In only a matter of days since launching, the cryptocurrency (WOZK) of Apple co-founder, Steve Wozniak, gains in value by over 1000% hitting a market capitalization of over $1 billion. Over 1 Billion in Gains for Apple Founder's Project Token Wozniak’s cryptocurrency project, Efforce, has caught the
Bitcoin
The S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, will become the latest major financial company to launch cryptocurrency indexes in 2021, as it takes a step into the digital asset industry. According to reports by Reuters, the index will include
Bitcoin
The Venezuelan Army has launched a cryptocurrency mining facility as it seeks ways to generate extra income in the wake of the country's falling economy. According to a recent post by General Lenin Herrera of the Engineering Brigade, the military has inaugurated a "Digital Assets Production Center
Bitcoin
Bitcoin (BTC) set a new all-time high price this week, with the leading cryptocurrency surging past its previous high of $19,666 as recorded by BitStamp on December 16, 2017. This new milestone looks to crown a very remarkable year for Bitcoin after a huge crash to $3,800 following
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
Blockchain
The official launch of Ethereum Beacon Chain Genesis (ETH 2.0) will go ahead on December 1, 2020 at 12 UTC. This date was confirmed after it hit its deposit contract threshold of 524,288 Ether about nine hours before the deadline. At this time, it has amassed deposits from
Bitcoin
A recent publication by cryptocurrency rating agency - Weiss Ratings indicates that anticipation of a post-covid world could be fueling investors move to Bitcoin as a safe-haven asset; while other traditional assets like gold lose their attraction. According to the post by Weiss analysts, the global market reaction to recent
Bitcoin
With the race for central bank digital currencies (CBDC) heating up globally, Germany's Minister of Finance has urged the European Central Bank (ECB) to fast track its development of a digital euro. According to reports by Reuters, finance minister Olaf Scholz wants the ECB to move faster with
Education & News
The proposed Libra stablecoin by social media giant Facebook could go live by January 2021, according to a report by The Financial Times. The FT report cites confirmation from three people involved with the project. According to one of its sources, the Libra digital currency will be released in phases
Bitcoin
China's President XI Jinping has called on leaders of G20 countries to move forward with the adoption and development of Central Bank Digital Currencies (CBDCs). Speaking at the 15th meeting of the world's largest developed economies held in Riyadh, Saudi Arabia; President Xi discussed the importance
Africa
The Federal Ministry of Finance, Nigeria has announced plans to collaborate with the Securities and Exchange Commission (SEC) to develop a regulatory framework for cryptocurrency trading and usage in the country. Announced November 24 at the "Fintech In Nigeria: State of Play" Conference, special adviser to the Finance