Shift in Bitcoin Mining Landscape Due to Institutional Investment: Insights from a Report
The landscape of Bitcoin mining has undergone a significant transformation, with institutional capital investment in public Bitcoin mining companies reshaping the ecosystem. This shift has introduced challenges for individual and…
Tether Initiates Formation of AI Division and Launches Hiring Campaign
Tether, the entity behind the issuance of the foremost stablecoin globally, is venturing into the realm of artificial intelligence (AI) with the creation of a dedicated department. This move is…
Escalating Legal Drama: Binance Official Eludes Nigerian Custody Amid Tax Evasion Allegations
In a turn of events that reads like a thriller, a Binance executive, entangled in legal challenges in Nigeria, has purportedly escaped detention. This development unfolds against the backdrop of…
Preparing for the Bitcoin Halving: Refurbishing and Shipping Mining Machines Overseas
Crypto miners are gearing up for the highly anticipated bitcoin halving event scheduled for next month, which will reduce their rewards for adding new tokens to the blockchain. As a…
Hesitation to Sell Bitcoin Despite Record Prices, According to Analysts
In the realm of cryptocurrency, the value of Bitcoin (BTC) recently escalated, surpassing the $70,000 mark and setting a new record. Despite this financial milestone, the actual economic activity within…
ParaSwap Initiates Crypto Refunds After Critical Smart Contract Bug
ParaSwap, a decentralized finance (DeFi) aggregation platform, has successfully initiated the process of returning cryptocurrency assets to users, following the rectification of a critical vulnerability in its recently deployed Augustus…
Uber Backs Moove with $100 Million to Fuel African Mobility
Moove, the African mobility fintech specializing in vehicle financing for drivers on ride-hailing and delivery apps, has secured $100 million in a Series B funding round, propelling its valuation to…
Nigeria’s Crypto Fee Increase Seen as Open Door for Major Players, Says NoOnes CEO
Despite the Nigerian Securities and Exchange Commission (SEC) proposing a significant hike in registration fees for crypto exchanges, the interest from venture capitalists in Nigeria’s burgeoning crypto market remains undeterred.…
Polygon zkEVM Experiences Downtime Amid Blockchain Sequencer Complications
Polygon, a leading Ethereum layer-2 scaling solution, recently encountered a technical hiccup with its zero-knowledge Ethereum Virtual Machine (zkEVM), prompting a pause in its operations. The issue, traced back to…
Gyroscope Unveils High-Yield Liquidity Pools and Introduces Points Program
In an innovative stride within the decentralized finance (DeFi) sector, Gyroscope is making waves with its latest offering – a groundbreaking piece of trading infrastructure aimed at enhancing capital efficiency…
Worldcoin Asserts Compliance with Laws Amid Spanish Regulatory Hurdles
Worldcoin has recently articulated its stance on operational compliance and adherence to legal standards in response to the escalating regulatory uncertainties it faces in Spain. On March 18, the global…
Attraction of Fast Profits Drives $100M Towards Solana Meme Coin ‘Presales’
In the rapidly evolving crypto market, the need for a functional product, a detailed whitepaper, or even a clear roadmap seems to be diminishing, especially when it comes to meme…
Base Network’s Daily Transactions Soar to 2 Million Post-Dencun Upgrade
The Coinbase Ethereum layer-2 network, Base, experienced a significant surge in daily transactions, reaching a new peak of 2 million on March 16, shortly after implementing the Dencun upgrade. This…
Bitcoin Nears Pre-Halving ‘Danger Zone’ as Industry Leaders Maintain Optimism
Bitcoin is on the brink of entering a critical phase known as the “danger zone” in the days leading up to its halving, a period historically marked by price declines,…
Venture Capital Update: AI-Blockchain Innovations Captivate Investors
As the first quarter of 2024 nears its conclusion, the cryptocurrency market is witnessing a resurgence of optimism, particularly following the introduction of Bitcoin exchange-traded funds (ETFs) in January. This…
Worldcoin’s Orb Software Passes Trail of Bits Audit Without Identified Vulnerabilities
The Worldcoin project, aiming to establish human identity through innovative means, recently underwent a significant third-party security audit of its Orb software. This draft report, viewed by Cointelegraph on March…
Nearly Half of Tech Industry Consumers Alarmed by Data Privacy and Security Issues: Study Finds
In the rapidly evolving tech industry, concerns over data privacy and security have emerged as paramount issues, especially within the cryptocurrency sector. The Aleo Network Foundation’s 2024 Data Privacy Report…
Nigeria requests user data from Binance concerning its top 100 local users
In a significant move that underscores the growing scrutiny of cryptocurrency exchanges worldwide, the Nigerian government is reportedly tightening its oversight on Binance, one of the globe’s leading crypto exchanges.…
Binance Announces Delisting of Multiple TrueUSD Trading Pairs
In a strategic move aimed at streamlining its trading offerings and safeguarding its user base, Binance, a leading cryptocurrency exchange, has declared its intention to remove a selection of trading…
Binance Executives Remain Detained in Abuja Despite Firm’s Withdrawal from Nigeria
Following Binance‘s recent announcement to cease operations in Nigeria, reports have emerged of two senior executives from the cryptocurrency exchange still being detained in Abuja, Nigeria’s capital. Tigran Gambaryan, the…