Mon, December 1

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

Cardano (ADA) Price Enters Consolidation Phase After Brief Fall

ADA only gained 2% in the previous 24 hours since it largely consolidated. ADA may test the $0.60 level of immediate resistance if buyers stay in the market. Cardano’s price showed a surge before consolidating. As Bitcoin’s losses widened, signals of instability in the wider market emerged. The one-day chart

June 5, 2022 2 mins 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

Top 3 Crypto Gainers of the Day: PLD, RACEFI and XTAG

Plutonians have been up 1333.88%% in the last 24 hours. xHashtag DAO focuses on the entire evolution of Web3 projects. Let us look at the top 3 gainers of the day as per CryptoDep. Plutonians (PLD) Plutonians is a space RPG fueled by SPL tokens and NFT. Web2-enabled multiplayer world

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

Solana (SOL) Price Briefly Rebounds After Steep Fall Amid Outage

The losses suffered by SOL came from the blockchain being shut down briefly. This week’s five-hour Solana outage was not the first this year. Solana (SOL) has been the worst-performing major cryptocurrency this week following a shutdown. Over the past seven days, the token has fallen by more than 11%

June 5, 2022 2 mins 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

Top 3 Metaverse Altcoins For June 2022: ILV, REALM, and GAIA

Illuvium has been up 1.65% in the last 24 hours. Players may also use fiat on-ramps to engage with the metaverse on Realm. Let us look at the top 3 metaverse altcoins for June 2022. Illuvium (ILV) Illuvium is an Ethereum-based open-world fantasy war game. As the first AAA game

June 5, 2022 1 min read
Little Pepe