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Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market
9.5.2023
The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter
Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem
9.5.2023
The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the [blockchain] ecosystem.” The unveiling of the adoption strategy document has also been hailed as a step that will lend...
32% of home offices invest in digital assets: Goldman Sachs
9.5.2023
While the interest in crypto investments was on the rise last year among the home offices, 2023 saw a massive decline in such investors' certainty about the digital assets market
How to send and receive payments on the Lightning Network
9.5.2023
Learn to use Lightning Network by setting up a wallet, funding it, and using it to make and receive payments
Coinbase legal chief sends letter to SEC on RIA rulemaking
9.5.2023
Coinbase's chief legal officer requests revisions to SEC's RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto
XRP Price Prediction as Ripple Publishes New Report on The Future of Central Bank Digital Currency – What's Going On?
9.5.2023
The XRP price has dropped by 2.5% in the past 24 hours, falling to $0.425150 as the cryptocurrency market as a whole declines by 1%.
This dips means that XRP has fallen by 8.5% in the past week and by 16% in the last 30 days, although the altcoin remains up by 25% since the beginning of...
Central Bank Digital Currency sees a rise in its adoption
9.5.2023
The arrival of the Covid-19 pandemic has enhanced digital currency adoption across different corners of the world. Interactions, shopping, and education are all included. One segment in specific that has gained major attention is payments – these are done digitally by customers, no matter...
Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others
9.5.2023
Financial technology company Digital Asset has announced it will be launching a privacy-enabled interoperable blockchain network designed for institutional assets to provide a decentralized infrastructure, it announced Tuesday
Canada's central bank asks citizens what they want in a digital dollar
9.5.2023
Canadians are being asked what features they wish to see in a digital Canadian dollar even though there are no plans yet to issue one
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
8.5.2023
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun...
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
Nigerian Payments Provider Nomba Secures $30 Million in Pre-Series B Funding Round
8.5.2023
The Nigerian payments startup, Nomba, is reported to have raised $30 million via a pre-Series B that was led by Base10 Partners. The new solution is expected to help the startup operate more efficiently and deliver “excellent customer experiences.” Plugging Gaps in Payment Processes...
Digital Assets for 1 Billion Rubles Issued in Russia in a Month
7.5.2023
Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional capital. Russia’s...
Voyager Digital Announces Liquidation and Shutdown Following Failed FTX and Binance.US Deals
7.5.2023
Bankrupt crypto lender Voyager Digital has announced plans to self-liquidate its assets and shut down operations after deals to sell itself to FTX or Binance.US fell apart.
In a Friday filing, lawyers of the company revealed that Voyager customers will now recover 36% of their crypto holdings...
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
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...
Voyager Digital Provides Update on Reimbursement Plan for Creditors
6.5.2023
Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after...
Texas House Advances Gold-Backed Digital Currency Bill
6.5.2023
Texas has taken its first steps in order to approve a bill that would issue a 100% gold-backed digital currency. If enacted as law, the bill, which is being discussed by a Texas House committee, would create an electronic system for users to transact and pay with this digital currency and would...
Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed
5.5.2023
Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US
BNP Paribas teams up with Bank of China to promote digital yuan usage
5.5.2023
The partnership will enable BNP Paribas China's corporate clients to make payments using the digital yuan through an e-CNY management system