Thu, May 14

Nigeria Witnesses Rapid Increase in CBDC Transactions Volume

Over 13 million e-naira wallets have been installed in Nigeria since October 2022. And the value of transactions in the country’s central bank digital currency (CBDC) increased by 63% to $47.7 million (₦22 billion). In his March 21 address to the local press, Governor Godwin Emefiele also said that the

March 24, 2023 1 min read

Shiba Inu Network Exhibits No Major Growth Post-Shibarium

Undeniably, the beta launch of Shibarium did cause an uproar among the crypto community. Crypto Twitter predominantly became the chief ground that contained the hype. In spite of this, the Shiba Inu network or its token SHIB did not register any significant growth. Notably, the number of new SHIB investors

March 24, 2023 2 mins read

Litecoin Outperforms the Top-Ranking Bitcoin

Litecoin (LTC) emerged as one of the top-performing cryptocurrencies on March 23. It has separated itself from the broader market fall after the Fed decides to increase the interest rate. The decision may negatively affect Bitcoin (BTC) and other cryptocurrencies.  However, Litecoin was able to pick out a 13.78% increase

March 24, 2023 1 min read

Arbitrum (ARB) Token IOU Price Crashes 90% Amid Mass Sell-off

After several delays and setbacks, the long-awaited native token of Arbitrum, ARB, was released into the cryptocurrency market today. The value of one Arbitrum (ARB) token has dropped by almost 90% from its IOU price and is now trading in the range of $1. Just 16% of the ARB airdrop

March 23, 2023 1 min read

UAE Central Bank Unveils CBDC Strategy Dubbed ‘The Digital Dirham’

On March 23, the UAE’s Central Bank unveiled its Central Bank Digital Currency (CBDC) strategy, dubbed “The Digital Dirham.” The Central Bank of the United Arab Emirates (CBUAE) has partnered with G42 Cloud and R3, respectively, to supply the necessary infrastructure and technology for its digital currency initiative. Moreover, a

March 23, 2023 2 mins read

Terraform Labs Co-founder Do Kwon Reportedly Arrested in Montenegro

Finally, on Thursday in Podgorica, Montenegro, police apprehended Do Kwon, CEO of Terraform Labs. The Montenegrin police say they have captured a person they believe is Terraform Labs’ CEO; they identify Kwon as one of the most wanted fugitives and a South Korean national. Over the last several months, law

March 23, 2023 1 min read

Arbitrum (ARB) Airdrop Claim is Live

Arbitrum (ARB) airdrop claim is open for eligible users. ARB live was planned and executed at the block height of #16890400. Arbitrum, the Ethereum L2 scaling solution, announced the launch of the native token ARB on March 16th. The token has captured the attention of the crypto market since that

March 23, 2023 1 min read

Top Crypto Exchanges Listed Arbitrum (ARB)

The Arbitrum token airdrop is one of the most significant events of the year in the crypto world. Also, it’s been “talk of the town” in the crypto space since the official announcement of the “Arbitrum Airdrop.” Another Ethereum L2 solution’s token airdrop that had previously sparked similar interest was

March 23, 2023 1 min read

MetaMask Institutional Introduces New Solo ETH Staking Marketplace

By unveiling a new staking marketplace for its institutional customers. MetaMask Institutional is poised to become a conduit for the creation of fresh Ethereum validators. Four vendors, including ConsenSys Staking, Allnodes, Blockdaemon, and Kiln, will be available to institutions using MetaMask’s institutional-grade wallet and custody service to handle Ether staking.

March 23, 2023 1 min read

Ripple vs SEC Case, Going to End Positively for Ripple?

The XRP token surged over 15% in the last 24 hours after its issuer’s reports. Investor’s hope increased after Ripple well-placed in the winning position of the landmark case with the  U.S. Securities and Exchange Commission on Tuesday.  The SEC sued Ripple in 2020, alleging the firm sold unregistered securities.

March 23, 2023 2 mins read
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