Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book

Post Views: 237 Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, many factors like ignorance, a lack of information, and poor telecommunication infrastructure have made the attainment of this objective difficult….

Mad Money’s Jim Cramer Expects Bitcoin to Fall to $12,000

Post Views: 214 The host of Mad Money, Jim Cramer, has predicted that bitcoin’s price will fall to $12,000. Nonetheless, he has recommended bitcoin and ether for people wanting to invest in crypto. Jim Cramer, the host of Mad Money, talked about the future outlook for bitcoin on CNBC Friday. Cramer is a former hedge…

Elon Musk Hints Twitter Will Integrate Crypto Payments if His Takeover Bid Is Successful

Post Views: 214 Tesla CEO Elon Musk has suggested integrating crypto payments into Twitter. “My goal would be to maximize the usefulness of the service,” he told Twitter’s employees in his first all-hands meeting with them. Tesla and Spacex CEO Elon Musk, who may become the new owner of Twitter Inc., had his first all-hands…

Blackrock’s CIO: Bitcoin and Crypto Are Durable Assets — Prices Will Move Higher

Post Views: 202 The chief investment officer of global fixed income at Blackrock, the world’s largest asset manager, says bitcoin and crypto are durable assets. “I think there’s a healthy recalibration going on,” he said, noting that “if you look two to three years hence, they will be higher than today.” Rick Rieder, chief investment…

Bitcoin’s Sinking Price Pushes Hashrate Below 200 Exahash, Mining Difficulty Expected to Slide 2.8% Lower

Post Views: 267 While bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price per bitcoin lower…

Bitriver to Mine Crypto Using Excess Gas From Gazprom Neft’s Oil Extraction

Post Views: 268 Russian crypto mining operator Bitriver will use electricity generated from associated gas provided by Gazprom Neft to mint digital coins. As part of a new agreement, the mining company will in return develop the digital infrastructure at the oil producer’s wells in Russia. Russia’s third largest oil producer, Gazprom Neft, will power…

Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold

Post Views: 220 While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to be mined in the region. Moreover, a spokesperson from Uganda’s Ministry of Energy and Mineral Development said there’s an estimated 320,158 tonnes…

Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low

Post Views: 226 On a day where bitcoin broke out of its $20,000 support point, BCH bounced on its own floor, climbing higher on Saturday. BCH was up by nearly 7% to start the weekend, whilst MATIC fell to its lowest point since last April. Despite yet another red wave in crypto markets on Saturday,…

The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected

Post Views: 197 In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get the so-called ‘free’ crypto assets. The following is a look…

SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze

Post Views: 246 The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. The U.S. SEC and securities regulators in Alabama, Kentucky, New Jersey, Texas, and Washington are investigating the decision by crypto lender Celsius Network to freeze withdrawals,…