Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs
13.6.2022
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability. Narrowing the Financial Exclusion Gap The Nigerian...
Coin Center Attempting to Sue US Treasury, IRS Over ‘Unconstitutional’ Infrastructure Act
13.6.2022
The Washington-based crypto industry pressure group Coin Center says it has filed a lawsuit against the United States Treasury Department and the Internal Revenue Service – claiming that the crypto tax reporting requirements included in President Joe Biden’s Infrastructure Investment and Jobs...
Bitcoin hash rate marks all-time high as BTC price drops below $25K
13.6.2022
Complimenting the new hash rate ATH of 231.428 ExaHash per second, Bitcoin’s network difficulty stands at a strong position of 30.283 trillion
Nexo Proposes Celsius Buyout as Rival Halts Withdrawals
13.6.2022
Crypto lending platform Nexo said it's preparing an offer to acquire Celsius after the targeted company froze withdrawals and transfers this morning
Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress
13.6.2022
Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to the global economy” for people from...
Ethereum Steps on Another Delay Bomb
13.6.2022
Ethereum (ETH) developers have decided to once again delay the “difficulty bomb,” a special code in Ethereum that eventually makes it impossible to mine ETH tokens, by another two months.
Core Ethereum developers met on Friday and discussed Ethereum's Ropsten public testnet. After discussing...
Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week
13.6.2022
Bitcoin sheds 12% in 24 hours as a fresh altcoin meltdown combines with macro pressures to offer nothing but misery for hodlers
Bitcoin Plunges Below $25K, Lowest Level Since December 2020
13.6.2022
A weak macroeconomic environment and systemic risk from within the crypto space have caused nearly twelve successive weeks of losses for the asset
NFT flipping not so profitable for more than half of buyers: Survey
13.6.2022
Though a majority are down on their NFT purchases, there are signs which point to a healthy and robust market in the long term
Ethereum difficulty bomb delayed but network adoption still growing
13.6.2022
The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
13.6.2022
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however,...
Nifty News: Kraft Foods files for NFT and Metaverse patents, Seth Green gets his ape back, and more…
13.6.2022
Kraft's NFT and Metaverse trademarks cover a long range of potential services including a virtual restaurant where users can earn rewards and virtual assets