Category: Blockchain

The New York City Mayor-elect’s backing towards a pro-crypto future has pushed forward the development of a token for the city after he engaged in friendly online banter with the Miami mayor over Bitcoin. Reportedly, Adams’s ambition- NYCCoin, the token mining is expected to kick off on Wednesday. “He has a MiamiCoin that is doing very well

The central bank of Nigeria has instructed all financial institutions and commercial banks in the country to freeze accounts connected to two individuals and a firm that were accused of engaging in cryptocurrency trading.     According to Bloomberg media outlets, the Central Bank of Nigeria (CBN) issued the order on November 3 which was contained in a

The cryptocurrency market has experienced twists and turns in 2021, but this has not dampened its spirits to soar to new heights. This market’s capitalization is a stone’s throw away from the $3 trillion mark as it stands at $2.96 trillion. This upward momentum has been boosted as leading cryptocurrencies continue setting new all-time highs.

BTC surpassed its previous record of $66,900 set on October 20 to hit a new all-time high (ATH) of 68,500.    Bitcoin (BTC) has undergone both ups and downs so far this year. In May, the leading cryptocurrency experienced a 50% daily loss to hit lows of $30K as Chinese authorities intensified the crypto mining

Bitcoin jumped past $68,000 for the first time to a new all-time high, according to CoinMarketCap. The world’s largest digital coin by market value gained as much as 3.2% on Tuesday to $68,530, breaking its last record set on Oct 20 at just below $67,000.  Bitcoin has seen a surge in current value and October

Most financial institutions are likely to integrate digital currency trading services within the next one to three years. This position is held strongly by Vikram Pandit, the former Chief Executive Officer of Citigroup Inc and current Chairman of Orogen Group. Speaking at the Singapore Fintech Festival event, Pandit told Bloomberg that the ‘shift’ in banking

Zimbabwe’s government is reportedly considering adopting Bitcoin as a legal payment service, according to Business Insider media outlets. The government is in talks with businesses to solicit their views as it attempts to develop policies around cryptocurrency.    While speaking at the Computer Security of Zimbabwe summit on Saturday, November 6, retired Brigadier Colonel Charles

Brazilian Federal lawmaker, Luizão Goulart has proposed a bill that will see both government and private employees receive their remuneration in digital currencies. According to the details of the bill, the allowance will only be permitted after a mutual agreement has been reached by both the employee and the employer. The employees will have the

New York City Mayor-elect Eric Adams, a major proponent of cryptocurrency in the US, made another statement in support of digital currencies, saying that schools should teach about the technology. As Adams vows to build a crypto-friendly city when he takes office in January also said that he will take his first three paychecks in

The digital currency industry maintained a healthy price cycle over the past weekend, with the global crypto market capitalization holding the $2.47 trillion to $2.5 trillion range, respectively. While several meme coins topped the charts in terms of percentage gains, the bulk of the price amount was contributed by the top 10 digital assets, including