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Nigeria's SEC May Permit Asset-Backed Tokens, Crypto Trading Remains Off-Limits
2.5.2023
Despite banning crypto transactions in February 2021, Nigeria is now considering a new approach to digital asset trading by allowing asset-backed tokens.
According to a recent report by Bloomberg, the Nigerian SEC has opened up the application process for digital exchanges to test tokenized asset...
Bitcoin Cash Smart Contracts ‘Comparable to Those on Ethereum’ Possible via May Upgrade, ‘1000x Efficiency Advantage’: Dev Jason Dreyzehner
2.5.2023
Pro-freedom technologies advocate and software developer Jason Dreyzehner recently spoke with Bitcoin.com News via email about the upcoming Bitcoin Cash network upgrade on May 15. One of the most talked about improvement proposals set to go through on that date — which proponents view as...
Istanbul will be hosting Eurasia’s largest Blockchain event once again on May 10–11, 2023
2.5.2023
Teklip, an innovative tech-advertising and media company, is proud to present the Blockchain Economy Istanbul Summit, Eurasia’s largest Blockchain event. Istanbul is one of the world’s oldest historically and culturally rich cities. According to current estimates, 16% of Turkey’s...
Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s
2.5.2023
Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm, on May 1, 2023, unveiled its plans to set up its miners at the new location by Q3 of this year, with an aim to raise the operation’s hashpower by 1 exahash...
European Union pushes forward with first AI framework: Law Decoded, April 24–May 1
1.5.2023
High-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures
Meme Coin Crypto Price Predictions for May: PEPE, BOBO, DINO, HEX, LHINU, MONG, AiDoge
1.5.2023
Meme coin cryptocurrencies are gradually taking the crypto space by storm. As of April, several meme coin cryptocurrencies reached outstanding milestones, leaving investors with higher expectations.
Thus, here are the price predictions for the following meme coins: PEPE, BOBO, DINO, HEX, LHINU...
JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators
1.5.2023
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this move came after the bank’s financial troubles made it insolvent and unable...
How to Blur Faces in a Video from Command Line
1.5.2023
Privacy is always incredibly important, especially with visual media where you may not have the permission of individuals in the video. If you’re filming something in public, it’s likely you’ll catch someone’s face who simply doesn’t want or need to be identified. This...
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says
1.5.2023
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated....
US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023
30.4.2023
After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during...
Zimbabwe’s De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May
30.4.2023
The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for “investment purposes with a vesting period of 180 days.” The RBZ also revealed that the gold-backed digital...
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again
29.4.2023
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this may change later this year. The monetary authority improved its forecast for the Russian economy and now expects growth entirely in positive figures,...
Venmo will enable fiat-to-crypto payments in May
28.4.2023
Users of the mobile payment service will also be able to receive crypto through a QR code or external crypto address
Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows
28.4.2023
Bitcoin's long-term holder spent output profitability ratio (LTH-SOPR) shows coins moved onchain that have a lifespan of at least 155 days or higher are being sold at profit. That suggests the bitcoin bear may be behind us
Report: Hackers Breach AT&T Email Accounts, Steal Victims’ Crypto Funds
28.4.2023
Cybercriminals have reportedly breached AT&T email accounts and are using the access gained to steal crypto assets from their victims. While a spokesperson for AT&T has denied claims that hackers have gained access to the company’s internal systems, a report suggests that as much...
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says
27.4.2023
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop, according to Philip Lane who believes the bank has...
Hong Kong Regulators Set to Reveal Crypto Exchange License Guidelines in May
27.4.2023
Hong Kong's Securities Futures Commission (SFC) will release guidelines on the licensing regime for cryptocurrency exchanges by next month.
SFC CEO Julia Leung announced the plan during an event, noting that the city will unveil its new cryptocurrency framework in May, according to...
Hong Kong security regulator to issue crypto license guidelines in May
27.4.2023
The crypto business guidelines were reportedly revealed by the chief executive of Hong Kong’s Securities Futures Commission, Julia Leung
Diablo IV's Mounts Are Off Limits Until You Beat The Campaign
26.4.2023
From the moment Blizzard announced Diablo IV in 2019, it teased the ability for players to ride mounts. This would be a series first, and it seemed like a cool feature to include. But now, Blizzard has confirmed that you actually won’t get to ride a mount in its latest loot-filled Diablo adventure...
Is It Too Late to Buy Ethereum? This New Project May Be a Better Investment
26.4.2023
Ethereum—the second-largest cryptocurrency by market capitalization—has recently weathered a three-day breakdown from April 19 to 21, leaving market watchers on edge.
During this period of uncertainty, Ethereum's trajectory appeared to stall, moving sideways while cautiously maintaining...