-Nigeria needs to regulate crypto, not ban says VP.-Osinbajo said crypto in the coming years will challenge financial banking. -The utilization of bitcoin has boomed in Nigeria in recent years. Nigeria’s Vice President (VP) Yemi Osinbajo said the country’s central bank and securities regulator has to find ways to regulate
-Nigeria SEC collaborates with CBN to Regulate crypto market.-Regulators in Nigeria cannot ignore the $1.74T crypto market.-CBN and SEC also work with other Federal agencies.-In order to develop a national regulatory approach to cryptos in Nigeria. According to a report by Premium Times, the Central Bank of Nigeria (CBN) and
-BitTorrent (BTT) hits a new all-time high price.-After reaching its ATH of $0.001978 today, it went down to $0.001377. -BTT might have a chance to reach the bullish price of $0.00392. BitTorrent (BTT) has reached a new all-time high price of $0.001978 today. However, the cryptocurrency price is expected to reach
-Yearn.Finance prepared for a surge to over $60,000 before BTC.-In 2020, YFI traded higher than Bitcoin. -YFI will reach an eye-watering $200,000 per coin. After weeks of aggressive selling, Yearn.Finance (YFI) prepared for a move to $60,000 before Bitcoin. In early 2020 Andre Cronje launched YFI. Moreover, YFI is an Ethereum-based
-PundiX (NPXS) price spiked over 100%.-As the project gets ready for a testnet launch, staking and likely for DeFi integration.-NPXS shows a bullish trend. PundiX (NPXS) price spiked over 100% since February 6. As the project gets ready for a testnet launch, staking and likely for DeFi integration. Pundi X
-Gene Simmons bought $300K worth of Cardano.-Over the last week, he also revealed plenty of investments. -Twitter user Ryno protested Simmons’ new portrayal of ADA as more affordable than BTC. Gene Simmons has announced about $300,000 investment into Cardano (ADA). Simmons’ $300K Worth Investment into Cardano (ADA) Simmons is a bass
-DeFi protocol Alpha Homora loses $37 million in Iron Bank exploit.-However, the Protocol had been monitored by Quantstamp and Peckshield.-It’s unclear how it is possible to recover the funds from their prime suspect. One of the largest DeFi protocols Alpha Homora lost over $37 million worth of funds leveraging Cream’s
-Uber dismissed the idea of buying Bitcoin with cash but accepted it as payments.-However, the news came after the Tesla announcement on buying $1.5 billion worth of Bitcoin. -Uber reported it had $5.65 billion in cash and cash equivalents.-Like Uber, PepsiCo CFO Hugh Johnston told CNBC that it had the conversation
-Bitcoin hits a new all-time high of over $43K.-This price spike came after Tesla Bought $1.5B worth of BTC.-Moreover, the move follows encouraging signs from CEO Elon Musk. On February 8, the cryptocurrency king Bitcoin (BTC) hits over $43,000. Moreover, the crypto spiked almost $3,000 in a minute. This spike
-Bitfinex announced that it repaid the remaining balance of a $550 million loan to Tether.-In 2018 Bitfinex borrowed $750 million from Tether.-Moreover, Tether is one of the most liquid exchange pairs with BTC. Crypto exchange Bitfinex announced that it repaid the remaining balance of a $550 million loan to its
