El Salvador buys the dip with additional 500 coins
The cryptocurrency market has registered notable dips over the past few days. Over the past 24 hours, at least $1 billion has been liquidated from the market. However, El Salvador’s…
Nigeria’s Central Bank says eNaira can be used to make bill payments
The Central Bank of Nigeria (CBN) is advancing its plans for its central bank digital currency. The institution has now said that it will be possible for locals to make…
Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond
A crypto analyst claimed that staking Bitcoin within exchanges allows them to sell it to someone else; Cointelegraph reached out to the platforms for more info. Security breaches and hacks…
Binance temporarily suspends LUNA, UST withdrawals citing network congestion
The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff. As the…
‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag
A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next. Bitcoin (BTC) fell below $30,000 for the first time in ten months…
Bitcoin sets new 2022 lows as analyst says trip to $24K realized price ‘entirely possible’
Below $30,000 is now traders’ preferred prognosis for Bitcoin price action with no let-up in the sell-off this week. Bitcoin (BTC) set a new record low price for 2022 on…
Luna Foundation Guard Drains Bitcoin Treasury To Save UST Peg
The Luna Foundation Guard used $1.5 billion from its treasury to help project the $1 peg of UST. $750 million worth of bitcoin has been budgeted for OTC trading firms.…
Qualcomm CEO States Metaverse Will Be a ‘Very Big’ Opportunity
Qualcomm, one of the largest fabless mobile chip makers, is very optimistic about the future of the metaverse and what it might bring for companies and consumers in the area.…
India Considers Imposing 28% GST on All Crypto Transactions: Report
The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided…
Aloha Browser Paves the Way Towards Web3 With Recent HNS Integration
PRESS RELEASE. Aloha Browser is paving the way towards a decentralized web with the recent Handshake (HNS) integration. Now websites with HNS names automatically resolve within the Aloha Browser without…
Lucky Block to Launch $2.3M Prize Pool and $1M NFT Jackpot in May
Lucky Block is setting the pace as far as cryptocurrency rewards are concerned. The platform is unveiling new rewards for users this month through daily prize pools. The upcoming May…
Nouriel Roubini oversees the development of tokenized dollar replacement
Nouriel Roubini is helping develop a tokenized financial instrument aiming to act as an alternative to the U.S. dollar for major investors. Economist and cryptocurrency critic Nouriel Roubini is heading…
Otherside NFTs fall below mint price while cheaper ETH sees sales volume boost
Floor prices for some of the most popular NFT collections are slipping to their lowest levels in over a week, including the top-traded Otherdeed for Otherside Metaverse land. The contentious…
Commercial smart contract adoption next market driver: Mark Cuban
“When businesses can use smart contracts to gain a competitive advantage, they will. The chains that realize this will survive,” according to Mark Cuban. Billionaire investor Mark Cuban has tipped…
Nigeria upgrades CBDC as crypto restrictions cripple fintech industry
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation’s fintech…