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Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End
5.11.2022
The Nigerian currency appeared to accelerate its decline versus the U.S. dollar after it slipped to a new low of 900 naira for every dollar. The currency has continued to depreciate even after the Economic and Financial Crimes Commission’s raid on suspected illegal foreign exchange dealers....
Foundry Academy Launches Training Program to Produce Top Technicians for BTC Mining Industry
5.11.2022
Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin mining hardware training program. The training course, which is expected to commence on Nov. 7, is expected to help professionals and enthusiasts learn how...
Litecoin Mining Difficulty Is Hitting New Highs, Foundation Says
5.11.2022
The network’s mining difficulty peaked on Friday, indicating increased competition for miner rewards
Report: Over 30,000 Nigerians to Learn About Blockchain From Government Agency
5.11.2022
Nigeria’s National Information Technology Development Agency recently said it has launched a blockchain training program and over 30,000 people are set to participate. The objective of the training course is to make the participants “early solution providers in the fourth industrial...
7 Startups Join Mastercard Program to Make Cryptocurrency More Accessible
5.11.2022
Payments giant Mastercard has added seven startups to its Start Path program to make cryptocurrencies more accessible. “We’re welcoming a new cohort of startups to ease access to digital assets, build communities for creators and empower people to innovate for the future through Web3...
Fidelity Investments Launching Commission-Free Retail Crypto Trading for Bitcoin and Ether
5.11.2022
Fidelity Investments, one of the world’s largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and ether commission-free. “A meaningful portion of Fidelity customers are already...
White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong
5.11.2022
White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening in preparing for a recession. White House...
MEXC and Coinbase Reach Partnership to Jointly Fulfil the Privacy and Security Obligations of Cryptocurrency Under the TRUST Framework
5.11.2022
PRESS RELEASE. On October 31st, the cryptocurrency trading platform MEXC announced that it had reached a cooperation with Coinbase to jointly fulfil the privacy and security obligations of cryptocurrency under the framework of Coinbase’s TRUST Network (TRUST). The TRUST network is an alliance...
Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit $250K’
4.11.2022
The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K...
Web3 Gaming Studio Mythical Games Lays Off 10% of Its Employees
4.11.2022
Earlier this week, three top executives departed the developer of play-to-earn video games
Market Wrap: Cryptos Rise in an Eventful Week; Bitcoin Hovers Over $21K, Ether Soars
4.11.2022
A surprisingly robust jobs report and other signals spur investors’ return to riskier assets. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Formula One Team Haas F1 to Mint Branded NFTs With Opensea
4.11.2022
U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As part of the agreement, a collection of NFTs will be produced for Haas while Opensea’s logo will appear on its cars. Opensea to Help American Formula One Team Launch...
Huobi Exchange Users Furious After GALA Holdings Are Converted to ‘Meme Token’
4.11.2022
The move came after a bug forced a bridging service to re-launch the wrapped version of GALA that trades on Binance Smart Chain, sparking widespread confusion
Retract Royalties, Reduce Revenue: NFT Creators Are Suffering and So Are Marketplaces
4.11.2022
A growing list of marketplaces are seeing the impacts of platforms ceasing to require buyers to pay royalties on collections. Experts aren’t optimistic about what this means for the market
SEC Charges Trade Coin Club Founding Members With Operating a $295-Million Ponzi Scheme
4.11.2022
The multi-level marketing organization raised over 80,000 bitcoin from 100,000 investors
‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’
4.11.2022
The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that...
Needham's John Todaro Says USDC Is ‘Exciting’ for the Long Term and Will Benefit Coinbase
4.11.2022
John Todaro, vice president at investment and asset management firm Needham & Co., discusses whether USDC could become the “de facto” CBDC for the U.S. and why crypto exchange Coinbase could operate like a bank if it were to “mint” more of the stablecoin
Fans Won't Stop Comparing Modern Warfare II To Modern Warfare 2 (They're Totally Different Games)
4.11.2022
By most definitions and easily made observations, Call of Duty: Modern Warfare II is not Call of Duty: Modern Warfare 2, a 2009 installment of the game with a very similar name but, as you can see, a 2 instead of a II. Their stories are different. Their mechanics are different. As we discussed,...
Bitcoin supera los US$21K a pesar del inesperado informe de empleo de EE. UU.
4.11.2022
El precio de bitcoin subió hasta US$21.287 en las últimas 24 horas, el valor más alto desde el 13 de septiembre
Coinbase's Weak Third Quarter May Not be the Bottom: Wall Street
4.11.2022
Coinbase Global said that interest income from USDC gave them a boost while trading on the platform continued to weaken