BTC Will Demonetize Gold Eventually – MicroStrategy CEO

Since the inception and growth of BTC, various BTC supporters have stated that it would overtake Gold in terms of value. Meanwhile, the market has been pretty rough for Bitcoin as its market valuation fell out of the top ten earlier this year. However, reputable cryptocurrency experts have upheld that the prediction of BTC overtaking […]

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ECB Picks CBDCs Over Bitcoin For Cross-border Payments

Since the advent of digital currencies, various institutions have been exploring their potential. Various institutions, including central banks, have supported using these nascent technologies for payment. This is due to the ease of usage, speed, and financial inclusion it offers even to unbanked citizens. Meanwhile, central banks and other financial institutions are exploring the usage […]

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Binance Recovers Over 80% Of Funds Stolen From Curve Finance 

According to reports, Binance, a famous cryptocurrency exchange, has recovered a large chunk of the assets stolen in the latest Curve Finance breach. About $450,000 have been frozen and reclaimed by the firm. Changpeng Zhao, the CEO of Binance, confirmed the news on his Twitter account. This means that approximately 80% of the plundered funds […]

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Developer Creates Tool That Allows Users To Send BTC Via SMS

According to reports, a recent innovation with a cellular network could allow millions of users to trade BTC. This includes those who could not use BTC due to a lack of internet connections. The latest technology does not use a data connection to operate. Kgothatso Ngako, a developer in South Africa, has developed a tool […]

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Cardano Whales Accumulates ADA Worth Over $138M In 8 Days

Charles Hoskinson, the founder of the Cardano ecosystem, has assured its community that the team will not delay the long-awaited Vasil hard fork anymore. It appears the news has pushed several investors to add more ADA to their crypto vault. Cardano Whales And Sharks Accumulate ADA  According to reports, Cardano whales have bought ADA worth […]

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Chainlink’s Protocol Will Not Support ETH’s PoW Forks

The Ethereum network is leaping for the upcoming merge in September. This merge would mark Ethereum’s transition from the PoW consensus mechanism to the PoS.  Meanwhile, as the crypto community awaits the Merge, several players in the industry are making plans. Among them is the popular protocol, Chainlink. Chainlink Will Not Support Forked Versions Of […]

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BTC Is A Web3 Catalyst – Director of Brazil’s Central Bank

The Director of Brazil’s central bank, Fabio Araujo, has lauded Bitcoin’s properties. He referred to the flagship currency as the catalyst for Web3 development.  According to the Director, BTC is a financial asset that uses modern technology. He made this statement while speaking at an event sponsored by a Business School in Sao Paolo. Furthermore, […]

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Israel Restricts Cash Payment To Increase Digital Payment 

Today, Israel has imposed further restrictions on the usage of cash for payment. The aim is to reduce the case of illegal activities and increase the usage of digital payment options. Israel Government Pushing Citizens To Embrace Digital Payment In January 2019, the government subjected Israeli consumers and businesses to cash payment limits. It also […]

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Vitalik Says Facebook’s Plans For The Metaverse Will Crash

Vitalik Buterin, ETH’s co-founder, thinks that corporate efforts to develop and expand the metaverse would not succeed. He made this assertion while responding to Dean Eigenmann’s post.  According to Buterin, the idea of the metaverse is appealing. However, he said that venture capital funding is not what will fuel the progress of the sector. Eigenmann […]

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