The biggest criticism for cryptocurrencies, which is not being able to use as a medium of exchange is now being increasingly put into test. As large crypto exchanges world-wide make their way towards payment sector, ability of crypto to be…
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Can kraken’s ‘nine-figure deal’ acquisition propel it to the top?
A US crypto exchange giant Kraken has acquired a UK-based Crypto Derivatives Trading Platform and Index provider in what it refers to as a ‘nine-figure deal’, according to a press release dated February 4, 2019. According to the broadcast, the…
Price Analysis for Binance Coin (BNB), ICON (ICX), Cardano (ADA), and NEO (NEO)
The cryptocurrency market entered the new year of 2021 on a positive note and was driven by bullish trends. Bitcoin (BTC) reached over 68% of the total market dominance while reaching new highs and scoring the latest ATH of 41,000$.…
Weekly Market Report for Chainlink (LINK), Stellar (XLM), Ethereum Classic (ETC), and ICON (ICX)
Bitcoin is reaching new highs with the latest corrections in crypto market trends, at last getting close to its all-time high recorded back in December of 2017. As Bitcoin is progressing, other cryptos are following the dominant trend, scoring gains…
Bitcoin Makes WSJ Front Page!
With months of COVID-19 being at the top of media attention and a brief period of the US election grabbing all the headlines, Bitcoin is slowly wrestling media attention back. The Wall Street Journal is taking a huge interest in…
Africa’s Largest Economy Eyes $10B in Blockchain Revenue by 2030
Nigeria could potentially expect a revenue stream of between $6 billion to 10 billion in the next decade thanks to Blockchain technology according to a key government official. Director-General Kashifu Inuwa of the Nigeria National Information Technology Development Agency (NITDA)…
“Sand Dollar!” Bahamas Unveils World’s First CBDC
The central bank of Bahamas has unveiled the “Sand dollar”- a taste backed virtual currency now available nationwide. The announcement was made on October 20 on Facebook by the project sand dollar account at 10 PM UTC. The announcement meant that the…
Huobi Partners with UAE Firm to Offer Crypto Real Estate Payment Services
Big name cryptocurrency exchange Huobi will be partnering with a real estate firm in the United Arab Emirates (UAE) to allow real estate investors to pay in cryptocurrencies. The major exchange out of Singapore has partnered with fäm Properties- a…
A cryptocurrency exchange software bug in Kraken allowed users to buy Bitcoin cheaper than the market price
Crypto exchanges continue to face challenges. Recently, a cryptocurrency exchange software bug in the prominent crypto exchange Kraken allowed users buy cheaper Bitcoin
Facebook’s Libra backed by Several National Currencies
In its journey to get its very own Stablecoin approved by regulators, Social media giant Facebook reportedly shared details regarding the project’s proposed backing reserves. According to a Sep 9 Bloomberg report, the social media giant revealed to senators about…