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Metaplanet Buys 106 BTC, Total Holdings Now Valued at $56M


Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to...

Kenya Launches Digital and AI Skills Center


Kenya, in partnership with the United Nations Development Program (UNDP) and Microsoft, has established the Africa Centre of Competence for Digital and AI Skill. This center aims to equip public sector employees with digital and AI skills to improve service delivery across Africa. It aligns with...

Jailed Binance Employee’s Bail Application Denied Despite Medical Needs


The judge in Abuja denied bail to Tigran Gambaryan, the jailed Binance employee and a U.S. citizen unlawfully detained in Nigeria. Despite meeting all the medical requirements for bail, the judge’s decision contradicts established Nigerian legal precedents. Gambaryan’s health...

Uniswap Labs Introduces Scalability-Focused Ethereum L2


Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed specifically with decentralized finance in mind....

Zimbabwe Limits USD Outflows for Departing Residents to $2,000


The Reserve Bank of Zimbabwe (RBZ) has imposed a new limit on the amount of U.S. dollars that travelers can carry out of the country. Under the revised regulations, travelers are now limited to carrying a maximum of $2,000 in cash when departing Zimbabwe. Previously, travelers were allowed to carry...

Ripple Launches ‘Bank-Grade’ Crypto Custody Solution


Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) options, and an XRPL integration for tokenizing Real World Assets (RWA)....

Kraken Survey Reveals 59% of Crypto Investors Favor Dollar-Cost Averaging


A recent survey by Kraken reveals that a significant 83.53% of crypto investors have used dollar-cost averaging (DCA), with 59% employing it as their primary investment strategy. The survey, which polled 1,109 crypto investors, delved into the real-world effectiveness of DCA in helping investors...

Alchemy Pay Expands Crypto Virtual Card to Samsung Pay


Alchemy Pay has announced the integration of its virtual card service with Samsung Pay, expanding its reach following the successful launch on Google Pay. This development enables users to seamlessly spend their cryptocurrency holdings at numerous retailers, both online and in-store, through...

Bitcoin Staking Protocol Babylon Attracts About 24,000 BTC in Deposits


staking Bitcoin protocol Babylon has achieved a major milestone, pulling in 23,891.67071126 BTC in confirmed total value locked (TVL) and attracting 25.31K stakers after lifting the cap on its second staking round. This significant increase in participation underscores strong investor confidence...

HBO Documentary Suggests Peter Todd as the Real Face Behind Bitcoin


On Tuesday, Oct. 8, 2024, HBO premiered its highly anticipated documentary “Money Electric,” offering a deep dive into the origins of Bitcoin. Directed by Cullen Hoback, renowned for his work on the Qanon series “Q: Into the Storm,” the film brought together a range...

Nigeria Central Bank Governor Defends Naira Float Decision


The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the importance of the decision to float the naira, despite public criticism of the move. He stated that the disparity between official and parallel exchange rates encouraged arbitrage and speculation, eroding market...

Texas Mayor Ward Roddam Reveals How Bitcoin Resurrected Rockdale’s Economy


Ward Roddam, mayor of the City of Rockdale in Texas, explained how the arrival of bitcoin mining revitalized the city’s economy. In a recently published opinion piece, Roddam noted that bitcoin miners took advantage of the energy infrastructure left by Alcoa, an aluminum plant that closed...

Metaplanet Boosts Bitcoin Holdings With $6.7 Million Investment


Metaplanet Inc., a company publicly listed on the Tokyo Stock Exchange, announced on Monday an additional purchase of 108.786 bitcoin for a total investment of 1 billion yen (approximately $6.7 million). The average purchase price was 9,192,359 yen per BTC. With this acquisition...

Bitcoin Hits $64K Mark on Monday, Crypto Market Sees $200M in Liquidations


On Monday, Oct. 7, bitcoin (BTC) reached an intraday peak of $64,444, giving traders plenty to buzz about. By the end of Monday’s trading sessions, BTC had gained 2% against the U.S. dollar. The global crypto trading scene saw an impressive $92.617 billion in volume, with bitcoin grabbing...

Binance Has Not Complied With 86% of Israel’s Account Block Requests


Binance, one of the largest crypto exchanges, has disclosed that it does not automatically comply with account blockages imposed by Israeli authorities. According to reports, the exchange failed to comply with 86% of these requests, as the accounts referenced did not appear to be involved...

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