Recent reports indicate that Nigerian authorities are ramping up their efforts to crack down on crypto trading in the country. This crackdown specifically targets peer-to-peer (P2P) platforms such as OKX, Binance, KuCoin, and Bybit. A circulating circular on social media platform X has outlined the directives issued by the Central Bank of Nigeria (CBN) regarding
The cryptocurrency market is seeing a surge in meme coins such as Bonk Inu, dogwifhat, and others, with significant price increases being recorded. However, the leaders of the meme coin sector, Dogecoin and Shiba Inu, are showing more modest gains compared to their counterparts. This disparity in performance among meme coins is indicative of the
As of April 23, 2024, the cryptocurrency market has been relatively quiet with most major coins trading sideways within recent ranges. Bitcoin (BTC) was stagnant in the $66,000s, while Ether (ETH), Solana (SOL), and BNB (BNB) showed slight increases. The day also saw traditional markets, like the S&P 500, rebounding over 1% on strong earnings
Charles Hoskinson, the visionary founder of Cardano, has recently shifted his focus towards the world of blockchain gaming. With the unveiling of his latest project, Voyager: Ascension, Hoskinson is poised to make a significant impact on the gaming industry. This collaboration between his company Input Output Global (IOG) and RFLXT marks a new chapter for
The Cardano (ADA) price is currently facing challenges as it drops out of the global top 10 crypto rankings. ADA is currently trading above $0.50, down by 3% for the day. Despite a 25% increase from recent lows, ADA is still down over 20% monthly and more than 15% yearly. Other major cryptocurrencies like Bitcoin
In recent reports, it has been revealed that Venezuela’s state-owned oil and gas company PDVSA is planning to accelerate the use of cryptocurrency, particularly USDT, to bypass US sanctions. The company has gradually started integrating USDT for oil sales since 2023. Moreover, PDVSA now has a new policy in place that mandates new customers to
Block Inc, a fintech company led by Jack Dorsey, has recently announced the completion of its advanced Bitcoin mining chip. This development is a crucial milestone for the firm’s mining project, positioning it to thrive in the fifth mining epoch and beyond. Block’s three nanometre (3mn) Bitcoin mining chip is currently undergoing its full design
NuggetRush is not just your average game; it immerses players in a 3D mining metaverse filled with lands rich in resources waiting to be discovered. This unique setting allows players to embark on solo adventures or team up with friends for an unforgettable gameplay experience. One of the standout features of NuggetRush is its NFT
The Dork Lord (DORK) token has experienced a massive uptrend, skyrocketing by a staggering 83,810%. This incredible surge in price has caught the attention of the crypto community, particularly with its unique PEPE-style design and its association with Solana. However, despite the initial excitement, the token has seen a significant pullback, currently trading at $0.000914
In response to reports suggesting that state actors were using Tether’s USDT tokens to bypass US sanctions, the stablecoin issuer has announced its decision to freeze any addresses linked to sanctioned entities. A spokesperson for Tether stated that the company fully respects the Office of Foreign Assets Control (OFAC) SDN list and is dedicated to