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Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’
23.8.2022
Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of the digital currency in the next twelve months. The governor predicted that the use of cash will...
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start
4.8.2022
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has told financial institutions to cease having dealings with two Nigerian fintechs...
TRON (TRX) Maintains a Slow and Steady Upscaling Movement!
3.8.2022
The first thought behind developing a decentralized platform under TRON was to throw away the intermediaries in the form of content-sharing platforms such as Meta, Instagram, Facebook, and YouTube. Creators here aren’t able to take full benefit of their developed creative products because of...
Central African Republic Token Sale off to Slow Start — $1.26 Million Raised in Under 5 Days
30.7.2022
The Central African Republic’s token sale appeared to have gotten to a slow start after less than 13 million out of the 210 million Sango coins were sold since the commencement of the sale on July 25. The country has claimed its decision to adopt bitcoin has won praise from “other...
Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High
15.7.2022
Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says...
Plus: Klonoa, Gwent top a slow-ish new Steam week?
9.7.2022
Also: what's up next week, console, EGS, VR charts, and all that goodness
Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot
6.7.2022
Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg...
Biggest Movers: RUNE Rallies to Start the Week, as SAND Extends Recent Gains
4.7.2022
RUNE rose by over 10% to start the week, surging as global crypto markets pushed to enter the green on July 4. After a slow start to the day, the crypto market cap is up 3.15% as of writing, with SAND another notable mover, as it extended recent gains, rising by nearly 13% in the […]
Layer-1 blockchains: How crypto winter could slow the challenge to Ethereum
1.7.2022
A Chainalysis report analyzes the layer-1 blockchain ecosystem, questioning if alternative L1s will continue to challenge Ethereum this crypto winter
Morgan Stanley: GPU Demand Likely to Slow if Ethereum Moves to Proof-of-Stake
27.6.2022
A mov to PoS will also not solve Ethereum’s scaling problems, the report said
Short Bitcoin ETF Sees Slow Start in Market Despite Bearish Outlook for Bitcoin
23.6.2022
The newly launched short bitcoin (BTC) exchange-traded fund (ETF) from ProShares with the ticker BITI saw a slow start in the market on its first day of trading, before interest picked up noticeably on the second day....
Read More: Short Bitcoin ETF Sees Slow Start in Market Despite Bearish...
Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
20.6.2022
Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years...
Bitcoin Recovers Over $21K as Fed Commits to Slow Inflation; Traders Remain Cautious
17.6.2022
Fed Chair Jerome Powell said the agency remained committed to bringing down inflation and hiked interest rates by 75 basis points this week
Coinbase Reduces the Size of the Firm’s Workforce by 18%
14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...
Morgan Stanley Says Record Crypto Venture Capital Investment to Slow
31.5.2022
Deal activity peaked in December and could fall as much as 50% by year-end, the bank said
Cardano’s Hoskinson: Luna Collapse Shows Need to Go Slow in Crypto
27.5.2022
“If you move too quickly … everybody loses their money,” says Hoskinson, who will speak at Consensus 2022 next month
Instagram Starts Testing NFTs, Roubini's Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down + More News
9.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Instagram Starts Testing NFTs, Roubini's Dollar Replacement Plan, Bitcoin Inflows Return, Ethereum Outflows Slow Down...
Bitcoin price slow to react as US dollar rally stops at 20-year highs
29.4.2022
A failure to hold $40,000 comes as the U.S. dollar currency index finally weakens
First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500
26.4.2022
Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern
MetaRace Horse Racing, the First “Play to Earn” DApp on the Caduceus Blockchain
22.4.2022
PRESS RELEASE. On April 18th, MetaRace Horse Racing was officially launched on the decentralized edge rendering Metaverse protocol – Caduceus. It is the first “Play to Earn ” game launched on Caduceus, co-built by MetaverseGraph Labs. The high gas cost of Ethereum and the slow transaction...