Nigeria’s Central Bank to Allow Bill Payments in eNaira (Report)
The Central Bank of Nigeria (CBN) will reportedly enable locals to pay their bills, TV subscriptions, and flight tickets using the eNaira. The move is part of a campaign that…
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US DOJ Charges Mining Capital Coin CEO for Allegedly Running a $62M Crypto Fraud
The United States Department of Justice (DOJ) has indicted Luiz Capuci Jr., the CEO and co-founder of Mining Capital Coin (MCC), for allegedly running a $62 million fraud scheme. Mining…
Near Foundation Establishes Blockchain Hub in Kenya: Report
Near Foundation – the Swiss non-profit that oversees the development of Near Protocol – reportedly teamed up with the Kenyan blockchain community Sankore to launch a regional hub in the…
Yuga Labs’ NFTs Trading Volumes Slump Amid Crypto Selloffs
The Otherdeed NFTs drop caught massive attention from the industry last week as high demand triggered unprecedented Ethereum fees. Otherdeeds are the NFT collection for claiming virtual land in Otherside,…
Cardano’s Charles Hoskinson: We Are in a Bear Market
The American entrepreneur and founder of Cardano – Charles Hoskinson – opined that ADA (the native token of his blockchain protocol) has been underperforming recently because crypto is in a…
Bitstamp Introduces New Global CEO After Julian Sawyer’s Sudden Departure
One of Europe’s oldest cryptocurrency exchanges – Bitstamp – disclosed that Jean-Baptiste Graftieaux will serve as the company’s new Global Chief Executive Officer. He succeeded Julian Sawyer, who decided to…
3 Possible Reasons For Bitcoin’s $6K Weekly Crash
Bitcoin’s price has been in shambles for the past few days, and it has lost a total of $6K off its dollar value since May 5th. This represents a decrease…
For the First Time in 8 Years: Bitcoin Marks 6 Consecutive Red Weekly Candles
Bitcoin’s price has suffered quite a bit since the end of March, losing over $15,000 in this period. Moreover, the asset’s downwards trajectory has set a negative record as it…
Luna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg
This isn’t the first time UST has lost its peg. But the controversial algorithmic stablecoin de-pegged yet again just days after the Luna Foundation Guard (LFG), the organization backing it,…
Crypto Markets Lost $300B in 4 Days, Bitcoin Saw Lowest Daily Close Since July 2021 (Market Watch)
Bitcoin’s nosedives continued in the past 24 hours as the asset just doesn’t seem to stop losing value. Most altcoins are in a similar or even worse position, with massive…
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