On Sunday, Elon Musk confirmed that he holds no Shiba Inu, igniting a mild bear storm that saw the meme coin give back half of its entire gains on the day in less than 15 minutes. The sell-off came almost immediately after a popular netizen known as ShibaInuHodler tweeted asking […]

Valereum Blockchain, a prominent blockchain technology group based in Gibraltar, announced the signing of an option to acquire an 80% stake in the Gibraltar Stock Exchange (GSX) today. The mentioned acquisition is subject to approval by the Gibraltar Financial Services Commission (GFSC). The financial details of the planned acquisition were […]

The National Development and Reform Commission is asking the Chinese public for their opinion on the Bitcoin mining ban. Is China’s government playing 4D chess or are they confused and considering backtracking their decision? Can they unring this particular bell or is this a too little too late scenario? Do […]

Nigerian President Muhammadu Buhari is set to officially introduce the country’s central bank digital currency (CBDC), the eNaira. The Central Bank of Nigeria (CBN) has published a document in which it reaffirmed its intention to introduce the eNaira after previously attempting but failing to do so on Oct. 1. According […]

Despite Russia adopting its first cryptocurrency law in January 2021, the country’s cryptocurrency market is still largely unregulated and is associated with a lot of uncertainty, according to a local industry advocate. Yury Pripachkin, head of the Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain (RACIB), argued that the existing […]

“Remember, remember! The fifth of November…” That was the old saying in commemoration of Guy Fawkes Day, in which Britons celebrate how the Gunpowder plot of 1605 to blow up the parliament was foiled. That someone would want to blow up the politicians as an act of terrorism seems like […]

The Commodity Futures Exchange Commission (CFTC) has opened an investigation against decentralized prediction market Polymarket, according to a Bloomberg report.  Though officially not confirmed, the agency reportedly suspects the violation of regulations with the offering of trading swaps or binary options. Additionally, it is investigating if companies like Polymarket need […]

Blockchain technology has the capacity to transform businesses more securely and efficiently. Moreover, the crypto industry is now submerged with billions of users which is achieved only because of blockchain technology. Besides, users prefer decentralized finance rather than the concept of centralization as DeFi does not require central financial intermediaries. […]

In a move that could finally bring an end to one of the longest-running sagas in the digital currency industry, Mt. Gox is set to pay out over $9 billion to its creditors. The trustee for the defunct exchange revealed that the creditors had approved its plan to distribute the […]

Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December. Tyler Hobbs, the artist behind the popular NFT series Fidenza, will launch 100 one-a-kind digital artworks in his latest collection Incomplete Control […]