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Nigeria goes blockchain: Policy could impact digital identity
8.5.2023
Nigeria’s crypto community celebrates the approval of the National Blockchain Policy, set to impact governance, digital identity management and e-payments
Bitcoin Network Overwhelmed by 390,000 Unconfirmed Transactions and Surging Fees
7.5.2023
In just under two weeks, the number of unconfirmed transactions on the Bitcoin network has skyrocketed from 134,000 to over 390,000, causing a bottleneck in the mempool. This surge in unconfirmed transactions has resulted in a staggering 343% increase in transaction fees, which have risen from...
Bitcoin’s BRC20 Token Economy Skyrockets 192% to $279 Million in Just Four Days
7.5.2023
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million. More Than 13,000 BRC20 Tokens Built...
Deloitte integrates blockchain for digital credentials
7.5.2023
The credential wallet will be provided as a browser extension and customers will be able to set it up without any prior knowledge of blockchain
Twitter Founder Jack Dorsey's Crypto Firm Partners with Paxful's Ray Youssef for P2P Marketplace Venture
6.5.2023
Jack Dorsey's crypto firm TBD has partnered with Paxful co-founder Ray Youssef to launch a decentralized peer-to-peer (P2P) crypto trading platform.
The new venture, called Civilization Kit (Civ Kit), will be built on Nostr, a decentralized network protocol for distributed and free social...
NFT Sales See Modest Increase of 1.46% to Reach $149M in Past Week
6.5.2023
In the past week, sales of non-fungible tokens (NFTs) have increased by 1.46%, raking in a total of $149,312,180. However, while the number of NFT buyers has risen by 22.48%, the number of NFT transactions has decreased by 8.78% compared to the previous week. Azuki Emerges as Top-Performing...
How to check an Ethereum transaction
6.5.2023
To check an Ethereum transaction, use a blockchain explorer and enter the transaction hash to view details such as sender/receiver addresses and gas fees
US DOJ Investigating Binance’s Involvement With Possible Russian Sanctions Violations: Bloomberg
5.5.2023
The US Justice Department is investigating whether Binance Holdings Ltd. was illegally used to let Russians skirt US sanctions and move money through the cryptocurrency exchange, according to a report from Bloomberg News.
The Justice Department’s national security division is looking into whether...
Major Media Outlets Seek Release of 9 Million FTX Customer Names Despite Scam Fears – What's Going On?
5.5.2023
Major media outlets such as The New York Times, The Financial Times, and Bloomberg have asked the court in FTX’s bankruptcy case to hand over a list containing the names of millions of FTX customers.
In total, the lists the media outlets are asking to get access to contains the names of some...
Sen. Warren Plans To Reintroduce Crypto Bill To Crack Down on National Security Risks
5.5.2023
Democratic Sen. Elizabeth Warren has plans to reintroduce a cryptocurrency bill to crack down on money laundering and terrorist financing.
The long-standing crypto critic said she planned to reintroduce that legislation during a Senate Armed Services Committee hearing on Thursday....
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Cryptoys Unveils Star Wars Digital Toys in New Line of Collectibles
5.5.2023
The crypto platform Cryptoys, backed by Andreessen Horowitz, has announced the launch of Star Wars collectible digital toys featuring iconic characters Darth Vader, Luke Skywalker, and Princess Leia. Cryptoys stated on Thursday that 15 digital action figures will be available to collect in total...
Solana Founder Unfazed by FTX Troubles and Growing Blockchain Competition – Here's the Latest
5.5.2023
Solana Labs founder Anatoly Yakovenko remains confident about the prospects of the Solana blockchain amid increasing competition from other emerging blockchain networks.
At least six blockchain networks are set to launch soon, with Scroll, Linea, and the Coinbase-backed Base projects already...
NY Attorney General Proposes Bill To Rein In Cryptocurrency Industry
5.5.2023
New York Attorney General Letitia James proposed legislation that would require refunds of customers and audits of cryptocurrency exchanges in her latest move to rein in the industry.
James’ program bill proposes the “strongest and most comprehensive set of regulations on cryptocurrency in...
Nigerian Government Greenlights Policy to Foster Blockchain-Based Economy – Details
5.5.2023
Nigeria Federal Executive Council approved a national blockchain policy in a meeting on May 3, 2023.
This policy will enable the country to develop a proper regulatory framework for blockchain adoption.
Nigeria is one of the nations whose citizens have an avid interest in cryptocurrencies. ...
Alibaba Cloud and Avalanche Collaborate to Enable Metaverse Deployment on Blockchain
5.5.2023
The cloud computing arm of Alibaba Group, Alibaba Cloud, and a smart contract layer-1 blockchain platform, Avalanche, announced a collaboration to deploy metaverse on the blockchain.
Metaverse is a virtual reality environment that allows interaction between users in a simulated space.
Recently...
VC Darling Crypto Sui Makes Waves With Market Debut, Price Sinks 37% From All-Time High
5.5.2023
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network...
Coinbase Faces Existential Risk as SEC Increases Scrutiny on Crypto
5.5.2023
The US-based crypto exchange Coinbase is facing an “existential risk” as the Securities and Exchange Commission (SEC) continues its crackdown on the crypto industry, a financial analyst has warned.
The warning from the analyst followed renewed concerns among Coinbase investors that tokens listed...
Crypto Regulation Halts Growth of S Korean Web3 Unicorns, Warns Professor
5.5.2023
A leading South Korean professor says that restrictive crypto laws are stopping Web3 unicorns from growing in the nation.
The expert also claimed that banks and other financial market players should be allowed to move more freely in the crypto market.
According to EDaily, the Web3 comments came...
SUI price drops 70% from market debut top amid excessive supply concerns
5.5.2023
The circulating supply of SUI tokens will grow by nearly 15% by the end of 2023
Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban
5.5.2023
The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations with 56 institutions and personalities. Lucky Uwakwe...