Nigeria’s blockchain future depends on local talent, experts say
Local experts note that if Nigeria adopts a foreign blockchain it would be difficult for the country to stamp its influence on key blockchain decisions.
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Lightning Network node count hits record high, TVL tops $42M
Will Bitcoin’s premier layer-two solution finally graduate from experiment to everyday utility, following its adoption by major exchanges? 3684 Total views 16 Total shares The Lightning Network has grown 75% in size over the past year, hitting a record high 8,900 nodes for the first time on Feb. 8, according to LN monitors at Bitcoin…
Crypto Derivatives Platform FTX Secures $8M In Seed Funding Round
Cryptocurrency derivatives exchange FTX has secured $8 million in its seed round. Major investors include blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab, among others.In the blog post published on Aug. 6, Proof of Capital revealed that it had invested in FTX, a firm offering futures, leveraged tokens and over-the-counter trading.…
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Bitcoin Beats Google Trends in 2018 as Internet Users Seek to Know ‘What It Is’
Google data shows ‘What is Bitcoin?’ was the most popular search question in the United States and United Kingdom for 2018, showing Bitcoin (BTC) has topped public consciousness online this year.Capping various achievements in search rankings over the past twelve months, Bitcoin’s latest price volatility saw interest in understanding it peak again following a period…
Australian Minister Slams Gov’t for Weak Response to Ransomware ‘Epidemic’
On Feb. 24, Tim Watts, Australia’s Shadow Assistant Minister for Cybersecurity, has published an article in the Financial Review on Feb. 24, criticizing the country’s government for its response to the 2019 “ransomware epidemic.”Watts states that Australia was not immune to last year’s ransomware outbreaks, citing a Victorian government regional health network that shut down…
Bitcoin Price ‘Will Never Hit $50K,’ Gold Bug Peter Schiff Tells Tom Lee
Bitcoin (BTC) prices will never make it to $50,000, gold bug and crypto skeptic Peter Schiff has claimed in the latest attack on the world’s largest cryptocurrency.“This is hysterical”In a social media debate on Aug. 20, Schiff, who is well known for his dislike of Bitcoin, said that gold will definitely reach $5,000 in the…
Algorand decentralized lending protocol Algofi to shut down by end of year
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand. Algofi, the borrowing and lending protocol built on decentralized finance blockchain Algorand, will soon shut down.According to a July 11 announcement, developers' "belief in the strength of Algorand's technology and novel consensus algorithm has not wavered," however, the Algofi…
How will the US presidential election affect the price of Bitcoin?
There may be fireworks. 1408 Total views 17 Total shares As the 2020 U.S. presidential election draws near, two crypto traders on Twitter shared their predictions for how Bitcoin's price could react to the event. "If we have a clear winner and an easy transition of power, I do not see much of an impact on…