Everything Tech and Finance News & Guides
Hello! Here, we’re going to be walking you through everything needed to know about the Blockchain-Backed SIM card popularly known as Crypto Better SIM Cards. As we all know that Blockchain technology is continuingly reshaping various industries, and one intriguing innovation is the Blockchain-Backed SIM card or Crypto SIM Card. In this post, we’ve explored … Read more
PayPal is teaming up with Energy Web and DMG Blockchain Solutions to reward Bitcoin miners who use clean energy. Their plan gives special rewards to miners who use sources like wind or solar power. This aims to make Bitcoin mining more eco-friendly and fair. However, some worry about the huge amount of energy Bitcoin mining uses.
The crypto market is alive with action! Bitcoin’s halving and Telegram’s integration of Tether payments have analysts re-evaluating their predictions. This week, keep an eye on Bitcoin (BTC) to see how it reacts to the halving, Tether (USDT) to see how Telegram integration impacts adoption, and Solana (SOL) as it continues its impressive run. Remember, this is not financial advice, do your own research before investing.
During the Token2049 conference in Dubai, Telegram’s founder Pavel Durov unveiled a groundbreaking vision, transforming how users engage with Toncoin (TON) and NFTs within the platform. With features like direct payments in TON for advertising services, tipping content creators, and trading stickers as NFTs, Telegram is poised to redefine social media interaction on a decentralized frontier.
Historically, halving events have been associated with increases in the price of Bitcoin, although the extent of this rise depends on various market factors and sentiments.
Hong Kong’s approval of its first bitcoin and ether exchange traded funds (ETFs) signals a significant step towards embracing cryptocurrencies as mainstream investment tools. The move, facilitated by the conditional approval granted to several Chinese asset managers, underscores Hong Kong’s ambition to position itself as a global hub for digital assets, despite mainland China’s ban on cryptocurrencies.
The Nigerian government has located Nadeem Anjarwalla, a Binance executive who fled custody, in Kenya. Efforts are underway for his extradition back to Nigeria to face charges of tax evasion and money laundering. Anjarwalla’s escape and the subsequent extradition talks highlight the government’s crackdown on Binance’s alleged role in manipulating Nigeria’s foreign exchange market.
Coinprofile rebrands to Partna, Merging Forces with Payourse to offer Payment API, B2B Payments and FX Services to businesses in Africa In a strategic move to redefine its identity and strengthen its market presence, Coinprofile has officially announced its rebranding to Partna, marking a significant evolution in its business trajectory. This transformative step is coupled … Read more
Hackers of cryptocurrency platforms and exchanges stole around $1.7 billion in 2023, around 54.3% lower than the year before, a Chainalysis report showed on Wednesday. Cyber attacks have been a persistent challenge for the crypto industry, and widespread hacking is one of the reasons why most regulators around the world frown upon crypto. Though stolen … Read more
The Central Bank of Nigeria (CBN) has granted approval for the launch of the country’s first-ever naira stablecoin, the Compliant Nigerian Naira Stablecoin (cNGN). This highly anticipated digital currency is poised to transform the financial landscape for Nigerians at home and abroad, with its official launch set for February 27, 2024. Developed by the Africa … Read more