Jerome Powell, the chair of the U.S. Federal Reserve, has revealed more details regarding the digital dollar. Powell has in the past remained tightlipped on the central bank digital currency, urging caution and claiming the Fed was monitoring the field. In a recent Congressional hearing, he said the Fed will […]

Last week, crypto exchange Coinbase made its S1 filing to the U.S. Securities and Exchange Commission (SEC). The crypto community is set to gain massively as a result of the firm going public, especially in redressing the poor reputation of cryptocurrency among everyday people. But the biggest winner is Coinbase […]

People know the supply of Bitcoin is limited, but do they know why this is the case? Most think the limited supply is due to an approach from Satoshi Nakamoto to create an electronic cash that—other than the current fiat money system—cannot be inflated and therefore serves as deflationary “hard […]

Bitcoin, the world’s largest crypto asset, is down more than 20% in the last 7 days after heavy selling pressure pushed the price of BTC below $44,000 on Sunday. Bitcoin miners have reduced their BTC selling as their net position turned positive for the first time in 2021. According to […]

The Central Bank of Nigeria believes the recent ban on digital currencies was in the best interest of the public. Speaking during a recent Senate hearing, the CBN governor Godwin Emefiele further claimed that digital currencies are not legitimate money. CBN issued a circular two weeks ago that prohibited all […]

The European Central Bank (ECB) has said it wants to retain a veto over private stablecoins in the bloc, in a move that would hand powers from lawmakers to the central bank. In a formal opinion submitted to the European Commission on digital currency regulation, the ECB said lawmakers should […]

Authorities in the United States have unveiled charges against a Serbian man who allegedly operated a $7 million cryptocurrency scam. Krstijan Krstic founded Start Options and Bitcoiin2Gen, or B2G, in 2017 and reportedly induced U.S. investors into the scam. Krstic also tapped Steven Seagal to promote his scam, which resulted […]

One of Europe’s largest block reward mining companies is reported to be weighing up an initial public offering (IPO) in the United States, which could help raise as much as $500 million to fund the firm’s expansion. German miner Northern Data is working with Swiss investment bank Credit Suisse on […]

Dapper Labs, the creator of the CryptoKitties game, is helping the National Basketball Association, or NBA, become a magnet for digital collectibles.  NBA Top Shot, a marketplace for non-fungible tokens, or NFTs, has generated over $230 million in sales, according to Dapper Labs. NBA Top Shot is built on Dapper’s […]