Cryptocurrency

Crypto Exchange
Billionaire Investor Mike Novogratz Says Not All Crypto Exchanges Are Criminal Like FTX

According to Mike Novogratz, CEO of the cryptocurrency investment firm Galaxy Digital, not all cryptocurrency exchanges are run like the now-defunct FTX. Novogratz stated that not all cryptocurrency platform managers are out to steal users’ money in an interview with…

Cryptocurrency
Former US President Donald Trump Drops $99 NFT

Donald Trump, a former US president, has released a set of digital trading cards featuring him as various characters, such as a superhero, astronaut, and Nascar racer. Restoring American Greatness Through NFTs In announcing his very own NFT collection on…

Cryptocurrency
Nigerians Love Crypto But Not their Country’s CBDC

Nigeria’s central bank digital currency (CBDC) is not being well received by the country’s knowledgeable crypto community. Only 0.5% Use the eNaira A year after its introduction, the government-issued digital currency, the eNaira, is only being used by less than…

Blockchain
Stellar Collaborates With UNHCR to Provide Funds via USDC to Ukrainian Refugees.

Blockchain technology has been increasingly employed by humanitarian organizations to address issues with inadequate identification verification or a lack of banking in undeveloped or war-torn countries. Two Humanitarian Initiatives In December, two brand-new initiatives were unveiled, one of which will…

Cryptocurrency
Meta Plans to Use Mobile Phones to Connect Africans to the Metaverse.

Meta sees a huge metaverse business potential in Africa, with an additional $40 billion to the continent’s GDP by 2031. This lofty goal comes with one major caveat; Only if the metaverse is adopted and grows in the same way…

Cryptocurrency
Binance CEO: Only 1% of People Can Manage Cryptocurrency Self-custody

Changpeng “CZ” Zhao, CEO of Binance, has issued a warning to the cryptocurrency community on self-custody, claiming that 99% of those who choose to do so will probably lose their cryptocurrency somehow. Self-custody Risk For years, CZ has advocated for…

Cryptocurrency
US State Department Calls Out Sorry State of Bahamian Jail Holding SBF

Former FTX CEO Sam Bankman-Fried might spend up to two months in the country’s Fox Hill Prison after being denied bail in a Bahamas Magistrate Court. This facility has a history of physical abuse against inmates and is known for…

Cryptocurrency
SEC Charges Eight Influencers In $100M Stock Manipulation Scheme On Discord and Twitter.

The Securities and Exchange Commission charged eight people today in a $100 million securities fraud scheme in which they manipulated exchange-traded stocks using the social media platforms Twitter and Discord. Fake Gurus According to the SEC, seven of the defendants…

Cryptocurrency
Jack Dorsey is Advocating For A Decentralized Twitter Alternative.

Former Twitter CEO Jack Dorsey stated that making a platform resistant to corporate or government control is a solution to Twitter’s censorship issues. Resistant to Corporate Control Dorsey highlighted some potential solutions to the Twitter platform’s current problems in a…

Cryptocurrency
Bahamian Securities Regulator Chastises FTX CEO For Making Misstatements

The Bahamas Securities Commission has chastised FTX’s new CEO for his comments about the ongoing investigation into the bankrupt cryptocurrency exchange. The Bahaman regulator, in a press release did not directly address the specific statement of John J. Ray III…