Nigerian Lawmakers Slam Naira Devaluation, Warn of Inflation Implications
Nigeria’s House of Representatives has moved a motion calling on the country’s central bank to end the continuing devaluation of the naira. In his unanimously adopted motion, House Representative Bamidele Salam warned the Central Bank of Nigeria (CBN) of the negative “implications of further devaluing the naira.” Lawmakers Slam CBN U-Turn The House’s warning follows […]
Financial Giant State Street Launches Digital Finance Division – Unit’s Focus Aimed at Crypto and Defi
On Thursday, the Boston-based financial services and bank holding company State Street Corporation announced the launch of a division dedicated to cryptocurrencies, the digital economy, and decentralized finance (defi). State Street Invokes New Division Dedicated to Crypto, Blockchain, and Defi The financial services company State Street (NYSE: STT) offers a wide array of products like […]
Finance Redefined: The shadow DeFi conference in Miami! June 2-9
Talking with big brains about DeFi, regulation, CBDCs, and institutional adoption at the Bitcoin conference in Miami! Talking with big brains about DeFi, regulation, CBDCs, and institutional adoption at the Bitcoin conference in Miami!
IMF plans to meet with El Salvador’s president, potentially discussing move to adopt Bitcoin
The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender. The International Monetary Fund has previously spoken out against smaller nations like the Marshall Islands recognizing a digital currency as legal tender.
Senator Warren Calls Out Bitcoin’s Energy Consumption — Bitcoiners Bite Back
U.S. Senator Elizabeth Warren criticized Bitcoin and cryptocurrencies yesterday in a Banking Senate Subcommittee hearing. In the hearing, Warren criticized the energy consumption that Bitcoin and other proof-of-work (PoW) cryptocurrencies need to operate. Warren also thinks cryptocurrencies are the “wild west” of investments and called for a regulatory crackdown on the industry. Some on social […]
Bitcoin price hits stock-to-flow rebound level not seen since 2017 all-time high
Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows. Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows.
Arrington Capital to back Algorand projects with $100M growth fund
“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best technical platform for regulated DeFi and the future of finance,” said Sean Ford, COO of Algorand. “The Arrington Algorand Growth Fund represents yet another key strategic pillar in […]
OVR Using Chainlink to Connect the Metaverse to Real World Data and Events
OVR.ai is announcing a live and ongoing integration with Chainlink, the marketing-leading decentralized oracle network that provides smart contracts with secure and reliable off-chain data and computation. The current integration involves the use of Chainlink Verifiable Randomness Function (VRF) to fairly and transparently select a special grant fund winner from the list of participants taking […]
Iran Seizes 3,000 Crypto Mining Devices in a Week
Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. In a single year, Iranian law enforcement has shut down over 180 crypto farms in Tehran Province alone. Over 500 Crypto Mining Rigs Confiscated in Tehran […]
Guild of Guardians pre-game registrations hit 133K as NFT sales surge
Guild of Guardians was developed by Stepico Games, a Ukraine-based game developer, and published by the Australian-based marketplace Immutable. Guild of Guardians was developed by Stepico Games, a Ukraine-based game developer, and published by the Australian-based marketplace Immutable.
