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Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

21.7.2022
Apathetic Nigerian lenders are frustrating the e-naira’s adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a channel that would enable...

DeFi’s downturn deepens, but protocols with revenue and fee sharing could thrive

15.7.2022
It’s too early to know if DeFi is “dead,” but platforms that share revenue with liquidity providers and token holders could be the ones that survive the bear market

Nigerian Mobility Fintech Secures $20 Million From British Development Finance Institution

12.7.2022
A Nigerian fintech, Moove, recently secured a $20 million investment from British International Investment (BII). Moove said the funds will be used to democratize access to vehicle ownership in Africa. Credit Extended Based on Drivers’ Performance and Revenue Analytics The British...

Global GPU price drops to compensate for falling Bitcoin mining revenue

9.7.2022
The meteoric drop in GPU prices opened up a small window of opportunity for small-time miners to procure a piece of more powerful and efficient mining equipment

Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners' revenue

6.7.2022
The rally across top Bitcoin mining stocks could trap bulls as BTC price sentiment remains gloomy

Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

3.7.2022
According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li...

Sleeping Bitcoins Wake Up, Kiyosaki Waits for $1,100 BTC, and Zuckerberg Eyes Metaverse Money — Bitcoin.com News Week in Review

2.7.2022
As July begins and markets remain bearish, there’s still no shortage of dynamic developments in the crypto space. In this week’s Bitcoin.com News Week in Review, ‘sleeping bitcoins’ from 2010 make moves, Rich Dad Poor Dad author Robert Kiyosaki says he is waiting...

Fire Emblem Heroes Becomes Nintendo’s First Billion-Dollar Mobile Game

1.7.2022
I’ll admit that, until yesterday, I had no idea Fire Emblem Heroes was still active and updated. But a lot of people are still playing the game and apparently spending money on it, too. New data shows that Fire Emblem Heroes has just reached $1 billion in revenue, becoming the first Nintendo mobile...

Can Crypto Launchpads Maximise Your Revenue? Earn With BoostX, Polkadot (DOT), & Tezos (XTZ)!

29.6.2022
Although cryptocurrency has made a lot of people rich and is constantly advertised as a way to make passive income, it is still risk-free to buy into the market due to its volatility. So what is the secret of successful buyers? Can You Really Replace Your Income? Cryptocurrency continues...

Huobi Global Could Cut Over 30% Workforce as China Crackdown Leads to Fall in Revenue

28.6.2022
Cryptocurrency exchange Huobi could cut more than 30% of its workforce after having to remove Chinese users from the platform

Bitcoin mining revenue mirrors 2021 lows, right before BTC breached $69K

28.6.2022
The key to survival for Bitcoin miners boils down to the delicate balance between the revenue and the operating cash flow

Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta

27.6.2022
Mark Zuckerberg, CEO of Meta, formerly Facebook, has shared how the metaverse will be a key part of his business and bring hundreds of billions of dollars in revenue. “Our playbook over time has been build services, try to serve as many people as possible,” said Zuckerberg. Mark...

Meme Token King Dogecoin Lost 91% in Value Since Last Year’s High, DOGE Mining Revenue Plummets

12.6.2022
After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. Despite the drop, dogecoin is still a top ten contender among the largest...

Declare the Side Hustle — Americans Are Concerned About the 1099-K Tax Rule for Payments Over $600

10.6.2022
Americans are worried about a new tax reporting requirement that will force applications like Venmo, Cash App, Paypal, Airbnb, and Ebay to send 1099-K forms to users. The U.S. Internal Revenue Service (IRS) is specifically focusing on payments of $600 or more for goods and services received through...

Central Bank of Armenia Urged to Regulate Cryptocurrencies

3.6.2022
Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes....