Crypto’s total market capitalization surpassed $1 trillion as of February 02. But all of a sudden Bitcoin, Ethereum, and other major cryptocurrencies paused along with stock markets. Both crypto investors and stock market investors are disappointed with the unfavorable results of the…
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Binance Pay & Picodi Sign Partnership to Revitalize Online Shopping
Binance has joined forces with Picodi to expand its payment services to a broader range of online shoppers, providing them with exceptional transaction options. In a published blog post, Binance revealed that the partnership with Picodi will enable its users…
Aurora Engine Vulnerability Foiled by Hacker, Earns $6 Million Prize
Aurora Labs has made headlines by rewarding a white hat hacker $6 million for reporting a bug through its Immunefi platform. This is an unprecedented move in the crypto industry and could potentially set a new standard for how companies…
Bitcoin Demand Explodes In Nigeria as Old Fiat Notes Face Invalidation
The Nigerian government’s recent decision to invalidate certain fiat notes has led to an increase in the demand for Bitcoin (BTC) in the country. The deadline set for submitting the old 500 and 1,000 naira notes has caused citizens to…
UK Takes Steps to Strengthen Crypto Market with New Regulations
Overview The United Kingdom’s Government has recently announced ambitious plans to regulate the crypto-asset industry. This is in response to the growing concern about the risks associated with crypto assets and the need for greater consumer confidence and clarity in…
Twitter to Launch Payment Processing Service, Crypto Integration May Follow
Twitter is set to launch its own payment processing service, which will allow users to send and receive payments directly through the platform according to the Financial Times. Although a timeline for the launch has not been disclosed, the move…
EU Banks Can Now Hold 2% of Capital in Bitcoin and Cryptocurrency
The European Union has taken a major step towards mainstream acceptance of cryptocurrency with a recent vote to allow banks to hold up to 2% of their capital in bitcoin and other digital assets. The move, which was approved by…
Cardano Foundation Announced ETukTuk Project At The World Economic Forum
At the World Economic Forum in Davos, the CEO of the eTukTuk project, Frederick Gregaard, and David Taylor announced the launch of an innovative transportation solution that utilizes the Cardano blockchain. The project aims to collaborate with local governments to…
Cardano’s Upcoming Update: A Boost for ADA’s Value?
Cardano may become the new talk of the town again at least in the crypto world with its planned “Cardano Improvement Proposal 30” (CIP-30) update scheduled to take place. This new update will give the ecosystem even more utility and…
Argentina Proposes New Tax Incentives for Declaring Crypto Holdings
The Argentine government is considering a proposal that would offer tax discounts to citizens who declare their cryptocurrency holdings. Boosting Tax Compliance The aim of this is likely to boost tax compliance and increase revenue for the government by ensuring…