Nigerian fintechs crack down on crypto, users face account blocks

Musk acknowledged that assets that are predominantly scarce — such as physical property and company stocks — help investors in maintaining their purchasing power against high inflations. 644 Total views 6 Total shares As rising inflation threatens to eat up further the purchasing power of the global fiat ecosystem, finding the perfect hedge against a…

International charity organization Oxfam has partnered with Australian tech startup Sempo and blockchain company ConsenSys to test stablecoin Dai’s (DAI) suitability for aid in regions suffering from natural disasters, local news outlet Micky reported on June 17.The parties launched a philanthropic initiative dubbed UnBlocked Cash with the support of the Australian Government. To test the…

"This was not Cash App’s decision — we disagree with this move wholeheartedly," tweeted the service. 2976 Total views 13 Total shares Cash App, the Bitcoin-friendly mobile payments app from U.S. financial services firm Square, restricted buys of some of the stocks connected to the Wall Street shorts for more than four hours today.According to…

The reality is that blockchain technology can still deliver substantial benefits, particularly within the fine arts. And for those who have been paying attention, 2022 has been a year of incredible normalization for nonfungible tokens (NFTs). Simply put, major institutions across various sectors have dipped their toes into Web3. In November, Instagram announced that creators…

If Bitcoin fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken, but some aren’t as pessimistic.

XLink faced a security breach involving almost $10 million, with $4.3 million recovered thanks to a friendly neighborhood whitehat hacker.

A private version of Klaytn is in being developed in order to take part in South Korea's CBDC pilot, to be launched later this year. 2888 Total views 18 Total shares Ethereum software company ConsenSys has formed a technical partnership with Kakao’s Klaytn blockchain, with a view to developing a private platform for the issuance of…

Standard Hashrate is launching TAU, an algorithmic asset protocol backed by Bitcoin's hash rate. 4738 Total views 12 Total shares A group of Bitcoin (BTC) mining companies have put their weight behind Standard Hashrate and its recently launched TAU Protocol, a synthetic asset platform using hash rate derivatives for its peg mechanism.Announced on Friday, the…