Investors brace for US election outcomes as crypto hits the ballot

Akon City, the ambitious ideas for a pan-African crypto-powered smart city in Senegal from rapper Akon, has not progressed past the laying of a ceremonial stone in 12 months. 869 Total views 13 Total shares While originally spruiked as a futuristic city inspired by the Marvel movie Black Panther that would emerge as a “beacon…

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Production costs for miners are around $34,000, and together with transaction fees, miners need not worry about another $40,000 support challenge on BTC/USD. The Bitcoin (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is.As noted by popular Twitter account @venturefounder on…

The market maker is used to swap stable coins on the Avalanche blockchain; it has a total locked value of $46 million, according to DefiLlama. 451 Total views 1 Total shares Own this piece of history Collect this article as an NFTBlockchain security firm CertiK reported on Feb. 16 that it has spotted a flash…

What is a crypto honeypot and why is it used?Smart contracts programs across a decentralized network of nodes can be executed on modern blockchains like Ethereum. Smart contracts are becoming more popular and valuable, making them a more appealing target for attackers. Several smart contracts have been targeted by hackers in recent years. However, a…

Nigeria’s securities regulator has backed the central bank’s crypto ban by suspending its planned regulatory framework for digital assets. 4025 Total views 17 Total shares The Nigerian Securities and Exchange Commission has put its plans for regulating cryptocurrencies on hold following the recent ban by the central bank prohibiting financial institutions from servicing crypto exchanges.In…

SushiSwap (SUSHI) prices crept higher on Sept. 16 following another day of gains for decentralized exchange (DEX) tokens.The SUSHI/USD exchange rate rose by 7.54%, or $1.14, to reach $16.31 for the first time since May 21. The pair's upside move pushed its 24-hour adjusted timeframe profits up to 23%, making SUSHI the best-performing DEX token…

The SEC subpoenas the former owner's bank accounts to find out what happened to investments into Crypto Traders Management. 575 Total views 15 Total shares Dissolved limited liability company Crypto Traders Management is seeing its legal troubles multiply.Per a Friday legal filing in Utah, CTM and its former manager Shawn Cutting are trying to fight off…