Tue, January 14

Elon Musk Threatens to Terminate $44 Billion Deal to Acquire Twitter

Elon Musk feels Twitter has violated the merger agreement by delaying user information. According to Twitter CEO Parag Agrawal, there are less than 5% of fake accounts. Accusing Twitter Inc. of refusing to provide him with details regarding its spam bot accounts, Elon Musk has threatened to terminate his $44

June 6, 2022 1 min read

Asian Market Survey Reveals Digital Assets Holdings To Surge by 2022 End

In December 2021 and January 2022, the surveys were conducted. Results were drawn from surveys of more than 500 financial advisers and 3,200 investors. Accenture, a consulting business, released an industry poll on Monday that found that Asian wealth managers are hesitant to sell digital assets to clients because they

June 6, 2022 1 min read

Bitcoin Price Rise- 11th Week Hike Begins

BTC’s increase in price is 225.7% in the last two years. BTC has moved above the 200 DMA as per leading crypto analysts. Bitcoin finally seems to have a broken out of the cursed bear trend held for the last few weeks. The candles have started to march in green

June 6, 2022 2 mins read

Uganda’s Central Bank Allows Crypto Firms to Participate in Its Regulatory Sandbox

Andrew Kawere applauded the idea of sharing knowledge. The central bank has urged the BAU to educate themselves with Sandbox Regulations. Following discussions with the BAU team, Uganda’s central bank has said it is now open to allowing crypto companies to participate in its regulatory sandbox. As a result, the

June 6, 2022 1 min read

Central African Republic (CAR) Plans to Tokenize Countries Natural Resources

The World Bank has granted $35 million in development financing. Some have questioned whether using Bitcoin as legal cash would be beneficial. As part of its ambitious Sango Project, the Central African Republic (CAR) wants to tokenize access to the country’s enormous natural resources. An official statement from President Faustin-Archange

June 5, 2022 1 min read

New Bitcoin ATM Installation Across the Globe Dips Amid Global Tensions

817 Bitcoin ATMs were erected throughout the globe in the first five days of June. 1,419 ATMs make up 3.8 percent of the ATMs in Europe. Throughout the year 2022 so far, the number of Bitcoin (BTC) ATMs installed worldwide has fallen steeply, with only 202 new ATMs installed in

June 5, 2022 1 min read

Over $1 Billion Lost Since Start of 2021 as Crypto Scammers Find New Ways

Fraudsters also target customers by pretending to be a company or government. According to FTC data, many criminal organizations prefer to pay using cryptocurrencies. Federal Trade Commission data shows that over 46,000 consumers have been scammed out of over $1 billion in cryptocurrency since the start of 2021. There has

June 5, 2022 2 mins read

UAE Based Al Jalila Foundation To Allow Crypto as Donations Following Approval

The Al Jalila Foundation, a United Arab Emirates (UAE) healthcare foundation, has been granted authority to accept digital money, and well-wishers may now contribute through cryptocurrency. Al Jalila Foundation has become one of the first charitable organizations in the United Arab Emirates to accept cryptocurrencies. Unifying the Worlds of Fiat

June 5, 2022 1 min read

Russian State-owned Firm ‘Rostec’ Creates Blockchain-based SWIFT Alternative

The Novosibirsk Institute of Program Systems created CELLS. As a starting point, the system will be able to handle up to 100,000 transactions per second. Rostec, a Russian state-owned company, has developed a blockchain-based platform to let Russia and its partners conduct international settlements and store digital money. In the

June 5, 2022 2 mins read

New York Attorney General Cautions Investors Against Cryptocurrency Investments

According to James, the crypto market is “extremely unpredictable.” Bitcoin is now trading at under $30k at the time of this writing. On Thursday, New York Attorney General Letitia James issued a warning concerning cryptocurrency investments. Attorney General (AG) reiterated the view taken by other U.S. government authorities, including Attorney

June 4, 2022 2 mins read
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