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Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million
8.7.2024
Billionaire Jack Dorsey foresees a future where bitcoin could supplant the U.S. dollar as the dominant global currency. He envisions a scenario where bitcoin’s value could soar to $1 million by 2030. Highlighting the cryptocurrency’s decentralized nature, Dorsey underscores...
Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars
3.7.2024
The Central Bank of Nigeria warned local financial institutions against rejecting older or lower-denomination U.S. dollar banknotes. The apex bank said it will take strong action against financial institutions that refuse to accept mutilated or overcirculated local currency banknotes. Older U.S....
JPMorgan: Ant International Processes Billions of Dollars Using JPM Coin
3.7.2024
A JPMorgan report reveals that JPM Coin has processed billions of dollars seamlessly with Ant International, the global arm of Ant Group, which owns and operates Alipay. The report emphasizes plans for client-hosted blockchain nodes, currently controlled by JPMorgan, to increase decentralization...
Latam Insights Encore: The Bolivian Opportunity for Crypto After Its Unbanning
2.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we examine the opportunity for cryptocurrency in Bolivia after the central bank unbanned it from its financial system and how the citizens might...
New wave of GameFi projects are costing millions of dollars to develop
25.6.2024
Players are increasingly demanding greater playability and interactions that allow them actually to enjoy the Web3 games they play
Apple Could Be Fined A Billion Dollars A Day
19.6.2024
Back in March, the European Union brought in new rules that were designed to stop companies like Apple and Google from blocking third-party companies running their own in-app item stores. This was supposed to carve a path for games like Fortnite to be able to return to mobile, now they could...
Putin Criticizes U.S. Dollar’s Lack of Gold Backing, Calls for Alternative Payment Systems
17.6.2024
Russian President Vladimir Putin criticized the United States for its abandonment of the gold standard, remarking in a Sputnik-released video that the U.S. dollar is now a trust-based currency without tangible backing, a decision underscored by the absence of gold equivalence. This critique arrives...
Someone Just Paid Over $1 Million For This One-Of-A-Kind Counter-Strike Skin
5.6.2024
A skin for Counter-Strike’s ever-popular AK-47 just became the most expensive skin ever sold publicly for the game. This isn’t the first time a skin from Valve’s iconic tactical shooter has gone for a high price, but, at over a million dollars, this is easily the highest price one has netted...
Economist Peter Schiff Advises Against Buying US Dollars — Warns of USD Breakdown
31.5.2024
Economist Peter Schiff cautions against buying U.S. dollars or selling gold, citing rising Treasury yields as a result of the government’s failure to control the national debt and inflation. He notes the widening trade deficits, suggesting an unproductive economy will further weaken...
Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated
16.5.2024
Paul Ryan said last week that stablecoins may help drive demand for dollars and U.S. debt.
The post Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated appeared first on Cryptonews
Chinese workers paid in CBDC are cashing it out for real money: Report
13.5.2024
Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency
Reports of ‘bleached’ counterfeit bills crop up across North America
13.5.2024
Dodgy dollars are appearing everywhere from Texas to Hawaii to Canada as fiat counterfeiting is seemingly making a comeback
Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar
10.5.2024
Zambia’s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record low of K27.3 to the dollar. As explained in the report, the kwacha has lost as much as 17% in the past six months. Forex Shortages: The Impact...
Coinbase Plans To Offer Stablecoin Pegged To Canadian Dollar
2.5.2024
Coinbase is bolstering its relationship with Canada with a soon-to-launch stablecoin pegged to Canadian dollars.
The post Coinbase Plans To Offer Stablecoin Pegged To Canadian Dollar appeared first on Cryptonews
Mollars Token Presale Extended As First Crypto Exchange Confirms It Will Launch
1.5.2024
Mollars token presale has had an exhilarating 2024, becoming the top verifiable cryptocurrency initial coin offering. Transparent with their ICO wallet addresses, every bit of the 1.2-million-dollars raised thus far is able to be verified by investors as it surpasses 67% sold out.
The post...
Curve Finance Rewards Security Researcher $250,000 for Uncovering Critical Vulnerability
1.5.2024
Popular DeFi protocol Curve Finance has awarded a security researcher $250,000 for discovering a critical vulnerability that has historically enabled hackers to siphon off millions of dollars from cryptocurrency protocols.
The post Curve Finance Rewards Security Researcher $250,000 for Uncovering...
Solana’s Hottest New GambleFi ICO Mega Dice Has Already Attracted $500,000 In First Week
26.4.2024
Thursday, April 25, 2024 – A presale for Solana’s hottest new GambleFi token, Mega Dice ($DICE), kicked off last Wednesday, quickly netting over $500,000 dollars in the first seven days, according to the token’s website. Mega Dice is already a well-established name in GambleFi. It launched...
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
24.4.2024
Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC
Will DOGE reach $1 this cycle? It's a 'crapshoot,' say analysts
24.4.2024
Dogecoin has “historical heritage” but whether it hits a one-dollar price target is still a risky bet
Crypto Whales Rally Behind Emerging Web3 Gambling Project with 1,000x Growth Potential
23.4.2024
The presale for Solana’s promising new GambleFi token, Mega Dice (DICE), kicked off last week, quickly garnering nearly $500,000 dollars, as reported on the token’s website. The ICO began last Wednesday and raised a beefy $300,000 within 24 hours. Indeed, early supporters were not hard...