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Nigeria is likely to have its own central bank digital currency (CBDC) by the end of the year, an official with the Central Bank of Nigeria (CBN) has said. In his remarks following the bankers’ committee meeting, Rakiya Mohammed, who is the director of information technology at CBN, also revealed that this “digital currency would […] origin »
With a market cap of almost $700 billion, Bitcoin was trading within the $36k price bracket at press time. This, after a volatile few weeks which saw the world's largest cryptocurrency trade as high aThe post Why this Bitcoin cycle is 'going to be somewhat different than any other cycle we’ve seen' appeared first on AMBCrypto. origin »
Thailand’s Securities and Exchange Commission has issued guidelines barring crypto exchanges from supporting four different types of tokens. No More NFTs Or Meme-Based Tokens In a Friday announcement from the Thai SEC, the regulatory body said that Secretary-General Ruenvadee Suwanmongkol had approved crypto exchange guidelines, Notification 18/2564 on “Rules, Conditions and Procedures for Undertaking Digital […] origin »
An official of the Central Bank of Nigeria (CBN) stated that the CBN is planning to issue its central bank digital currency (CBDC) before the end of 2021. CBN’s CBDC Project to Improve Foreign Remittance Transfers According to the News Agency of Nigeria on Thursday (June 10, 2021), Rakiya Mohammed, an IT specialist at theRead More origin »
Polygon, formerly known as Matic Network, has announced that it will be partnering with decentralized exchange (DEX) protocol 0x to raise a total of $10. 5 million. The network aims to attract at least one million users into choosing its platform and the Ethereum blockchain through 0x's decentralized exchange liquidity aggregator API. origin »
The crypto world is crashing, or so some say, and not without some schadenfreude as they point towards two recent dramatic dips in the charts — namely, for NFTs and Bitcoin. This has prompted the crypto-critical to decry not only on NFTs as a ‘scam’ but to point fingers at the crypto market as a […] origin »
Press Release: FootballCoin has launched a new version of its fantasy football game for EURO 2020, with a host of new features, NFT cards, and prizes. 11th June 2021, Dubai, UAE — Pioneering Football Fantasy Blockchain platform FootballCoin has launched the new version of its game for EURO 2020. origin »
What made Apple such a successful company? You will not be so very far from the truth if you say Steve Jobs or his pursuit of perfectionism. At a young age, he learned the importance of “painting the back of the fence” as good as the front even if no one else will see it. […] origin »
Press Release: FootballCoin has launched a new version of its fantasy football game for EURO 2020, with a host of new features, NFT cards, and prizes. 11th June 2021, Dubai, UAE — Pioneering Football Fantasy Blockchain platform FootballCoin has launched the new version of its game for EURO 2020. origin »
Is the mixed response to Coinbase's direct listing forcing other crypto-exchanges to take a step back before going public? A recent development would suggest so. Kraken, at the time of writing, waThe post What lesson is Kraken taking from Coinbase's direct listing? appeared first on AMBCrypto. origin »
Silvergate Bank, a major financial institution partnered with crypto exchanges ranging from Kraken to Coinbase, recently cut ties with Binance. Earlier this Wednesday, Binance sent an email to its users stating that the platform would no longer support deposits and withdrawals via Silvergate Bank over SWIFT starting this Friday. As of now, Binance’s USD bank wire […] origin »
Can you hear the horns and football fans preparing their songs? Can you feel the anticipation and excitement in the air? Euro 2020 is coming! The stage is set, the teams are ready. It’s another time to watch some of the world’s best players battle on the pitch to bring glory to their nations. With […] origin »
There’s a lot of buzz in China around the Bee mainnet soft launch following the recent hype surrounding Filecoin and Chia. Reports detail that Swarm is set to kickstart the mainnet on June 13, and droves of miners from China are getting prepared to obtain rewards from the distributed storage platform and content distribution service. […] origin »
Trading volume has been an important metric to gauge the amount of market activity in 2021. While assets like Bitcoin and Ethereum have dominated the proceedings before, volumes have been much more diThe post Why you should look closely at Bitcoin, Ethereum, other alts' trading volumes appeared first on AMBCrypto. origin »
Russian-Canadian programmer Vitalik Buterin, who co-founded Ethereum in 2013 at the young age of 19, became the world’s youngest crypto billionaire at age 27 last month. Buterin also made over $4 million from the recent spike in the price of Dogecoin following Elon Musk’s tweets and SNL appearance. origin »
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice While the status of XRP remains debatable in the United States oThe post XRP Price Analysis: 11 June appeared first on AMBCrypto. origin »
India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting applications,” the ED detailed. origin »
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November. origin »
The relentless filing of motions has meant that the legal battle between the SEC and Ripple has taken several new turns. Just recently, the SEC requested the court additional time to extend its deadliThe post XRP lawsuit update: Why did the SEC accuse Ripple of wanting 'special treatment?' appeared first on AMBCrypto. origin »
Kraken, the US-based exchange, is weighing in on whether to use an IPO or a direct listing to go public. Kraken’s CEO Jesse Powell stated that after Coinbase’s performance, they were considering other options for going public next year. origin »
Bitcoin SSR has hit an all-time low, an expert explains that it might be good for Bitcoin, here’s why origin »
Thailand’s Securities and Exchange Commission has banned crypto exchanges from dealing with certain types of tokens. The Thai SEC issued the guidelines, informing exchanges to desist from trading on four different types of tokens. origin »
The Bank of Namibia (BON) has warned individuals investing in cryptocurrencies that it will not entertain their complaints should they get scammed. The institution argues that since its mandate does not currently cover digital currencies, it lacks the “legal power” to follow up on such complaints. origin »
The Bitcoin Mining Council (BMC) has published its mandate, and fears of a centralized takeover of Bitcoin appear unfounded. MicroStrategy CEO Michael Saylor described it as an open forum for miners. origin »
A team of strategists for JPMorgan, headed by Nikolaos Panigirtzoglou, believes bitcoin (BTC) is seeing a weak demand from big players. The post JPMorgan Predicts Bitcoin’s 2021 Slide Not Yet Over appeared first on BeInCrypto. origin »
Speaking at the launch of the Bank for International Settlements’ London location, Andrew Bailey expressed his optimism concerning CBDCs. The post BoE Governor Believes CBDCs Will Usher in ‘New Era’ of Banking appeared first on BeInCrypto. origin »
Morpheus Labs, a Blockchain-Platform-As-A-Service (BPaaS) provider, has announced the integration of the Elrond blockchain into Morpheus Labs’ Solution Environment for Enterprise Development (SEED). origin »
A little over a month ago, crypto enthusiasts woke to a new project on the top 10 rankings of cryptocurrencies by market cap in the form of the Internet Computer Protocol (ICP). The post Community reacts after Dfinity token ICP loses 80% of its value since May appeared first on CryptoSlate. origin »
Bitcoin's price has been going through a volatile phase lately, making the crypto-asset extremely sensitive to all kinds of developments. Previously, the rehashing of China's crypto-ban had contributeThe post Bitcoin: Network hash rate drops after China warns Xinjiang against mining appeared first on AMBCrypto. origin »
Billionaire Alan Howard and co-founder of macro hedge fund Brevan Howard continues to support the crypto industry, following new investments in two cryptocurrency startups. Howard Invests in Digital Assets Startups Copper and Kikitrade According to a report by Financial Times, Alan Howard led an extension of a Series B funding by the London-based cryptocurrency custodyRead More origin »
It’s coming up to two months since Bitcoin peaked at $65,000. The post Despite the fear, this on-chain proponent expects EOY Bitcoin price of $300,000 appeared first on CryptoSlate. origin »
For the cryptocurrency market, crashing on the weekend has been somewhat of a regular occurrence. Bitcoin has often led the charge, and there have been several incidents over the past few months, wherThe post Should you prepare for another Bitcoin, altcoin market crash this weekend? appeared first on AMBCrypto. origin »
Cryptocurrency is a promising asset class for people and investors, but the lack of proper regulation slows down its innovation.
origin »It’s been 171 days since the US Securities and Exchange Commission (SEC) challenged XRP and Ripple Labs directly by filing a lawsuit against them. There have been a slew of motions and memorandums exchanged so far, but no clear winner has emerged. origin »
It’s been only a couple of days since Bitcoin was declared legal tender in El Salvador. The decision has been controversial. Most of the crypto community has shown support for the new law, but traditional media and financial institutions haven’t been equally receptive. origin »
The Texas Department of Banking has announced that state-chartered banks can provide cryptocurrency custody services. “The Texas Department of Banking believes that the authority to provide these services with respect to virtual currencies already exists,” the banking authority said. origin »
It has been more than 171 days since the United States Securities and Exchange Commission outrightly confronted XRP and Ripple Labs by thrusting a lawsuit upon them. To date, a host of motions and memThe post XRP lawsuit: Even if Ripple wins this motion, it won't mean... appeared first on AMBCrypto. origin »
What’s been a hedge against inflation for thousands of years has had its throne usurped by bitcoin, and for good reason. origin »
Bitcoin would "surprise" the stock-to-flow creator if it fails to return to its forecast trajectory, with three years still to go until crunch time. origin »
Several people have poured their criticism on the call for the Netherlands government to ban Bitcoin and cryptocurrencies, as opinionated by Pieter Hasekamp, the director for Central Planning Bureau – a leading economic policy research institute in the country. origin »
Ripple decacorn releases a report, in which it shows numerous inefficiencies of modern banks when it comes to cross-border payments and showcases its own payments tech origin »
Taproot has locked in with the Bitcoin protocol upgrade now set to activate in November. origin »
BullPerks, a fair and decentralized venture capital, plans to distribute $90k in their private allocation whitelist for users who complete simple tasks as directed, an announcement on June 12 reads. $90k Allocated to a whitelist Campaign The audited community-facing and multi-chain platform is “heeding” the calls from its growing user base. The offer is availableRead More origin »
Silvergate Bank may have ended its partnership with cryptocurrency exchange Binance, according to an email from the exchange giant. The report revealed that the bank will stop processing deposits and withdrawals in U. origin »
“Doge,” the image of an excited Shiba Inu and the face of dogecoin, that has become one of the internet’s most famous memes, has sold for $4 million as a non-fungible token, making it the most expensive meme NFT of all time. origin »
Ethereum Classic is in the news today after it announced the next network upgrade scheduled for 21st July. The upgrade dubbed Magneto will take place at block 13,189,133 and will implement ECIP-1103. origin »
While a move above Cardano's ascending triangle could see the price head back towards $2, its technicals suggested a break in the opposite direction. Synthetix was tipped to defend $8.65 from a breakdThe post Cardano, Synthetix, Zcash Price Analysis: 11 June appeared first on AMBCrypto. origin »
An intellectual attempt to estimate Bitcoin’s price, corrected according to the hash rate metric.
origin »Look, this is actually not new, but we just found out about it. And it’s extremely relevant. Two intrepid blockchain explorers looked under BitClout’s hood and you won’t believe what they found. But first, we have to get you up to date. origin »
The Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens (NFTs), are prohibited to trade on crypto exchanges. origin »
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