Cryptocurrency

Post Views: 314 The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme in March 2021. The CBN’s scheme that encourages recipients of cross-border…

Post Views: 346 The Bank of England says “extreme volatility” in the crypto market “underscores the need for enhanced regulatory and law enforcement frameworks.” The British central bank has warned that crypto prices could fall further. The Financial Policy Committee of the British central bank, the Bank of England (BOE), said Tuesday that the “extreme…

Post Views: 398 Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” The…

Post Views: 321 Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that “consumers are pulling back on their…

Post Views: 324 Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accepts the meme crypto for some merchandise and Spacex will soon follow suit. The Boring Company, founded by Tesla CEO…

Post Views: 351 Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russian crypto users have sought to purchase up to eight…

Post Views: 913 On Tau, Logical AI will enable you to participate in discussions of the size of billions of people and instantly see collective intentional meaning behind the thoughts shared over the network. This will be achieved by having people use Controlled Natural Languages (CNLs) that both humans and machines can understand. Every thought…

Post Views: 281 On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Interested buyers can purchase…

Post Views: 263 PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 6, 2022 – LBank Exchange, a global digital asset trading platform, will list IX Token (IXT) on July 7, 2022. For all users of LBank Exchange, the IXT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on July 7, 2022. Introducing Planet IX…

Post Views: 350 Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three Arrows Capital (3AC) on a loan require it “to take deliberate and decisive action now.” Voyager Digital Ltd. (TSE: VOYG) announced…