Report: Nigeria’s Digital Currency to Be Designated ‘Critical National Infrastructure’
According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical...
Month: August 2021
Circle Intends to Become a Full-Reserve National Commercial Bank
Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a...
Chainalysis Announces It Will Include Dogecoin Coverage in Its Reports
Chainalysis, one of the leading blockchain intelligence companies in the world, has announced it will now cover the Dogecoin network...
BENQI and Avalanche Launch $3M Liquidity Mining Initiative to Accelerate DeFi Growth
PRESS RELEASE. BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program...
Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of...
US Senator claims support for crypto amendments despite blocking bill
Senator Shelby claims he supported the cryptocurrency provisions of the amendment to the infrastructure bill that his sole objection blocked...
Shark Tank’s Kevin O’Leary becomes FTX spokesperson, will be paid in crypto
Mr. Wonderful has signed a multi-year deal to serve as a brand ambassador and spokesperson for FTX and will be...
Bitcoin (BTC) Price Prediction: BTC/USD Sustains Recent Rallies as Bitcoin Fluctuates Below $47,000
Bitcoin (BTC) Faces Strong Rejection as Bitcoin Fluctuates Below $47,000 – August 10, 2021 BTC/USD – Daily Chart Buy Bitcoin...
Man who minted 14M ICX tokens due to a bug can pursue lawsuit to keep them
A flaw in an upgrade to the ICON blockchain in 2020 allowed a user to repeatedly mint millions of ICX...
Venmo enables users to automatically buy crypto with ‘cash back’ rewards
Paypal-owned payments firm Venmo has expanded its crypto support by enabling credit cardholders to convert their cash back rewards into...
Ethereum supply flips briefly into deflation as gas fees spike
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far. The theoretical deflationary...
Fake vax certificates renew calls for blockchain-based solution in Australia
Experts are demanding the introduction of a blockchain-based vaccine registry in Australia as counterfeit Covid passports proliferate online. With counterfeit...
Man Sentenced to 8 Years in Prison for Stealing Nearly $7 Million of Crypto in Israel
Afek Zard, a resident of Israel, has been sentenced to eight years in prison for embezzling a large sum of...
Commissioner Criticizes SEC for Taking Enforcement-Centric Approach to Crypto Regulation
A commissioner with the U.S. Securities and Exchange Commission (SEC) has criticized the securities watchdog for focusing on enforcement actions...
$1.2 Trillion Infrastructure Bill Passes Senate With Troubling Crypto Requirements
The U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described...
