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Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’
12.4.2021
The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means of identity verification...
Investor Says Bitcoin Bull Run Is Not Just Getting Started, Run-up Is in the ‘Top of the 7th Inning’
12.4.2021
While bitcoin’s price has been consolidating for quite some time now, every now and then bulls have tried to press the price past the psychological all-time high captured in March. Meanwhile, a few bitcoiners have been saying that the bull market is “just getting started” even...
Riot Blockchain Bitcoin production jumps 80% over pre-halving levels
12.4.2021
The company said it held more than $94 million in crypto as of March 31, all from Bitcoin it has mined
5 largest regulated US digital asset managers hold over $46B of crypto
12.4.2021
Forbes ranks the top traditional asset managers, but who ranks the top regulated digital asset managers?
Microstrategy Will Now Pay Board of Directors in Bitcoin as Treasury Grows to Nearly 100K BTC
12.4.2021
Nasdaq-listed Microstrategy, which has amassed nearly 100K bitcoins in its treasury, has modified its compensation agreements for the board of directors. The company will now pay non-employee directors in bitcoin, citing its commitment to the cryptocurrency “given its ability to serve as...
Crypto Market Sentiment Up Again, ChainLink Gets the Throne
12.4.2021
Over the week behind us, the market sentiment continued to climb upwards, albeit in small steps, but also reaching a rarely seen number of individual coins in the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins stands at 6.27, up from 6.03...
Uganda To Have Its Local Crypto City; Second edition of Akon City
12.4.2021
In August 2020, Akon announced his plan to build “Akon City,” a futuristic hub in his ancestral homeland, that will run on Akoin, the cryptocurrency launched by the singer. Envisioned as a sustainable smart city, Akon City has been pitched as a $6 billion residential and commercial property...
BSCPAD Launches, Revolutionizing the IDO Model With Over $300 Million Trading Volume
12.4.2021
PRESS RELEASE. The first decentralized IDO platform for the Binance Smart Chain Network launched with a bang. The BSC Launch Pad is currently on Pancakeswap, and will soon be released on several popular cryptocurrency exchanges. BSCPAD is empowering crypto currency projects with the ability...
World’s Wealthiest Annual Ranking Now Lists 12 Crypto Billionaires
12.4.2021
The American business magazine Forbes recently published the company’s 2021 documentation of the wealthiest billionaires in the world. According to the list published annually every March, there are now 12 billionaires that work directly within the cryptocurrency industry and the list...
Sri Lanka’s Crypto Regulation: Central Bank Warns of Cryptocurrency Risks, Unlicensed Exchanges
12.4.2021
The Central Bank of Sri Lanka has published a warning notice about the risks associated with cryptocurrency as interest and trading volumes of bitcoin and other cryptocurrencies surge locally and globally. Sri Lanka’s Central Bank Warns About Bitcoin The Central Bank of Sri Lanka...
Crypto Long & Short: Peter Thiel Defines Bitcoin’s Accidental Role in Global Politics
11.4.2021
Thiel's comments about China “weaponizing” bitcoin to hurt the U.S. are a warning about the cost of inaction
Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors
11.4.2021
Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback. He said bitcoin “clearly has gotten caught in a speculative bubble that Gamestop got into.” However, he noted that it will be a “great entry point” for long-term investors. ‘Great...
Romanian university plans to accept crypto payments for admission fees
11.4.2021
The academic institution with a student body of roughly 11,000 said the addition of crypto payments was part of a plan to support local businesses like Elrond
Akon City 2: Akon Unveils Plan to Build Second Futuristic Cryptocurrency City in Africa
11.4.2021
Another futuristic cryptocurrency city will be built in Africa, Senegalese-American star Akon has announced. The government of Uganda will make land available to him for the construction of the new crypto city. The akoin cryptocurrency will be used in the city, similar to how it will be in Akon...
VC funds bullish on crypto, increase investment in blockchain startups
11.4.2021
Funding for crypto and blockchain startups is not slowing in 2021 as VC funds appear keen to enjoy the exponential growth potential
Mass adoption may take crypto toward centralization
11.4.2021
With mass adoption comes the risk that cryptocurrency may lose one of its core value propositions: decentralization
Goldman Sachs Predicts ‘Big Evolution’ Coming to Cryptocurrency Regulation
11.4.2021
Goldman Sachs CEO David Solomon foresees “big evolution” coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says that Goldman will “continue to find ways to serve our clients as we move forward.” Crypto Regulation Will Experience...
HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold Bitcoin
10.4.2021
HSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. HSBC Now Bars Clients From Buying...
Bitcoin Price Jumps Over the $60K Zone, Crypto Economy’s Market Cap Climbs Above $2 Trillion
10.4.2021
Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market...
How the digital yuan stablecoin impacts crypto in China: Experts answer
10.4.2021
Here’s what crypto and blockchain industry experts from China think about the digital yuan and how it has affected the blockchain space