Nigeria’s central bank forced to deny claims of crypto account freeze

Open-source refers to the practice of making source code freely available to the public, allowing anyone to view, modify and distribute the code. In computer science and software development, open source is important for several reasons, as explained in the below sections.Collaboration and innovationGlobal collaboration and contributions to the creation of software projects are made…

A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7.In the wake of recent news about unusual mining activity on the Ethereum Classic (ETC) network — which many continue to refer to as a 51 percent attack — Lee shared his…

China may have banned the use of cryptocurrencies, but stablecoins might have a role to play in the proliferation of its national currency. Although China has closed its doors to decentralized cryptocurrencies, Circle CEO Jeremy Allaire believes that stablecoins could play a role in the proliferation of China’s digital yuan.Allaire, who heads up the company…

The new NFT Private Offering (NPO) platform will enable users to mint Non-Fungible Tokens and Soul Bound Tokens while maintaining the privacy of their crypto assets. 188 Total views 32 Total shares Own this piece of history Collect this article as an NFTZk layer 1 blockchain Manta Network announced on March 20 that it has added support…

Bitcoin (BTC) near $20,000 is worrying the market, but after narrowly avoiding breaking support, is the worst really over?According to multiple on-chain indicators, it seems that max pain has yet to arrive this cycle.The stakes are high for many hodlers this week — almost 50% of the supply is being held at a loss and…

South Korea’s central bank is the latest entity seeking powers to monitor crypto trading activity in the country. 265 Total views 1 Total shares The Bank of Korea reportedly has plans to maintain strict oversight on crypto trading activity via real-name bank accounts.According to a report by The Korea Herald on Thursday, the BOK is…

Meme-based cryptocurrency Dogecoin (DOGE) gained 25% in minutes on Feb. 4 after a fresh endorsement from the world’s richest man. DOGE/USD 1-minute candle chart (Bittrex). Source: TradingViewDOGE in new "Elon pump"Data from Cointelegraph Markets and TradingView showed DOGE/USD rebound past $0.05 per token on Thursday, edging towards new all-time highs.Musk, who is known for name dropping…

The Federal Reserve’s strategy to hike interest rates may continue, making it difficult for the crypto industry to bounce back. For crypto assets to become the hedge against inflation, the industry needs to explore ways to decouple crypto from traditional markets. Decentralized finance (DeFi) can perhaps offer a way out by breaking away from legacy…

The goal behind an overpriced buyout of the Swiss company was to get a proper European license. 87 Total views 1 Total shares According to the legal team of the FTX investors, trying to return their funds through court, a failed crypto exchange spent “nearly $400 million” to acquire Digital Assets DA AG (“DAAG”). Later…