Internet Computer Protocol Promotes Blockchain Engagement in Africa
Nigerian youths have been urged to actively engage with blockchain technology to enhance their global competitiveness. Adedayo Adebajo, co-founder of ICP Hub Sahara, emphasized this during the second DecaHack cohort…
Accelerator Highlights Increase in Crypto Startups in Asia and Africa This Year
In the rapidly evolving landscape of cryptocurrency startups, the first half of 2024 has marked a significant shift in the geographical distribution of new companies entering the space. Recent data…
Apple Issues Spyware Attack Warning to iPhone Users in 98 Countries
Apple has issued a new round of threat notifications to iPhone users across 98 countries, warning them of potential mercenary spyware attacks. This is the second such alert campaign from…
Nigerian Minister Urges SEC to Tackle Crypto Regulation Challenges
The Nigerian Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has emphasized the importance of addressing the complexities of cryptocurrency regulation to the newly inaugurated Securities and…
Crypto Exploits Near $1.4B This Year as Hackers Target CeFi: Report
According to cybersecurity firm Cyvers’ mid-year Web3 security report, the total volume of stolen crypto funds in 2024 is nearing $1.4 billion, with centralized exchanges (CeFi) emerging as the primary…
Dubai Customs Launches Blockchain Platform Amid Smart City Effort
Dubai Customs has announced the launch of a new blockchain platform designed to reduce supply chain friction within Dubai and across its borders. Strategic Initiative for a Smart City The…
Invesco Ether ETF Sets Fees at 0.25% as Competition Among Issuers Heats Up
On July 9, asset managers Invesco and Galaxy announced the management fees for the Invesco Galaxy Ethereum ETF (QETH) at 0.25% in an amended filing to United States regulators. This…
Crypto Fear & Greed Index Hits Lowest Level Since January 2023
The Crypto Fear & Greed Index, a metric that tracks relative market sentiment, has plummeted to its lowest levels since January 2023, reaching 27 on July 9, according to data…
Crypto ‘Relief Rally’ May Be Just Beginning, with Sellers Exhausted
The cryptocurrency markets may be poised for a “relief rally” following a tumultuous June, with analysts suggesting that selling pressure on exchanges has eased. Crypto intelligence platform Santiment posted an…
Meta Explores Generative AI to Revamp Metaverse Gaming
Meta is actively expanding its use of generative AI in metaverse games, targeting both its proprietary and non-Meta platforms like smartphones and PCs. The initiative focuses on enhancing the gaming…
Nigerian Analyst Advocates for Crypto Regulation Modeled After European Standards
A Nigerian data and policy analyst, Obinna Uzoije, has commended the European Union’s recent implementation of the Markets in Crypto-Assets Regulation (MiCA) pertaining to stablecoins. He believes that such regulatory…
Historical Trends Suggest Potential Bitcoin Recovery in July
Despite experiencing a 7% decline in June, Bitcoin may be poised for a strong rebound in July, continuing a pattern observed in previous years. Historical data from Coinglass, which has…
Decrease in Crypto Hacking Incidents: June Sees a 54.2% Reduction in Losses
June witnessed a significant decline in the financial impact of cryptocurrency hacks, with losses plummeting by 54.2% compared to the previous month. This marked reduction highlights a shift in the…
Nigerian Chair Highlights Blockchain and AI as Tools Against Illicit Financial Flows in Africa
At the recent Pan-African Conference on Illicit Financial Flows and Taxation, Olanipekun Olukoyede, the chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), emphasized the critical role of blockchain technology…
Nigerian Blockchain Committee Advocates for Equitable Settlement in Binance Dispute
The Blockchain Industry Coordinating Committee of Nigeria (BICCoN), representing the country’s blockchain sector, has voiced its concern over the legal disputes between global crypto exchange Binance and the Nigerian government.…
UAE Lawyer Warns New Regulations Could Ban Crypto Payments
Crypto and blockchain attorney Irina Heaver has expressed concerns that recent regulations issued by the United Arab Emirates (UAE) may effectively prohibit cryptocurrency payments within the country. These concerns stem…
Google Translate Uses AI to Add 110 Languages
Google Translate has significantly improved its ability to learn new languages, thanks to generative AI. On Thursday, June 27, Google announced that its Translate tool now supports 110 new languages,…
Ethereum Experiences Continued Inflation for Over 73 Consecutive Days
Since the significant network upgrade known as the Merge in 2022, Ethereum has entered its most prolonged inflationary period to date. This sustained increase in Ether supply is largely attributable…
Transaction Fees for Bitcoin and Ethereum Drop to Seven-Month Low
In a stark contrast to the often volatile crypto landscape, Bitcoin and Ether transaction fees have significantly dropped, reaching their lowest points in several months. This change coincides with one…
Bitcoin Miners Managing Pressures Without Resorting to Extensive Sell-Offs
Despite the rising operational costs and diminishing rewards, Bitcoin miners are not facing a catastrophic situation. Glassnode’s lead analyst James Check, also known by his handle “Checkmatey,” recently shared insights…