Nigerian official advocates blockchain, AI against illicit financial flows

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekAnother day, another all-time high — Bitcoin hits $24,000 in weekend surgeOn…

The CEO said that, without revenue from the mining arm, the company expected to halt its plans for a public offering and announced staff cuts.

In Germany, the CDU and CSU Union wants to integrate blockchain technology into public services, Cointelegraph Deutschland reported on June 25.The CDU and CSU Union represents the centre-right Christian democratic political alliance of two parties in Germany, the Christian Democratic Union of Germany (CDU) and Christian Social Union in Bavaria (CSU).In the original announcement published earlier…

Pertsev will now spend the next year in prison while his lawyers prepare an appeal for money laundering charges.

One of the most enduring cryptocurrency-related narratives revolves around the search of crypto’s definition as an asset class. Is Bitcoin (BTC) more of a digital currency or digital gold? Do its unique properties warrant viewing it as something completely distinct from the established categories of financial instruments? A recently published report by JPMorgan Chase’s strategists…

As Bitcoin (BTC) blasted through the $14,000 level its market capitalization surpassed the monetary base of the Russian ruble. This measure includes both physical currency and bank reserves, both of which are usually held by a country’s central banks.Bitcoin market price inferred to match top global monetary bases. Source: Crypto VoicesThe above chart may seem…

Crypto wallet banking and donation app BABB has announced the debut of its top-up function, a fee-waiving cash-out policy for COVID-19 fundraisers on its platform.According to the announcement, the company has also added a fiat gateway that every Android and iOS user will have access to. BABB clarifies that as long as the users pass…

According to data from CryptoQuant, cbBTC circulation supply has outpaced long-established players seven days after launch. 

There’s been a tremendous amount of hype and misinformation about nonfungible tokens (NFTs) since they appeared on the scene in 2014, particularly since the total market for them passed $24 billion. You can’t open a news feed without an article about nonfungible tokens popping up. These inevitably contain the obligatory “An NFT is a” paragraph…