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Search Results for: fiat currency

User Purchases 850 Billion Shiba Inu (SHIB) Worth $9.2M

In anticipation of the release of the beta version of the Layer 2 protocol for Shiba Inu, some members of the SHIB army have opted to stock up on SHIB. Ali Needazar, a Twitter user, posted a screenshot of a Shiba Inu purchase. A tweet claims that a user paid

January 23, 2023 1 min read

TABOO Kick Starts the Bull Market With a 300% Price Increase

Amidst mutterings of the crypto market starting it’s road to recovery in 2023, following one of the worst downturns in many years, some tokens have not only survived the storm, but have emerged triumphant and ready to take advantage of the space left bare of competition.  Fast emerging as one

January 21, 2023 5 mins read

James Turk: Looks Like Bitcoin (BTC) Survived Crypto Winter

Global cryptocurrency After several weeks of steady decline, the market is showing signs of life. Gains in cryptocurrencies like Bitcoin (BTC) have stoked the fire that has ignited the crypto market. which, despite persistent lows, is continually rising to new heights as a result of learning from past mistakes. Goldmoney’s

January 16, 2023 2 mins read

New Deadline For Repayments Registration Revealed For Mt. Gox Creditors

The first payback instalment from Mt. Gox has been postponed by two months, from July 31 to September 30 per a notice from the creditors. Payments will now begin on March 10th, two months later than originally planned. In addition, the January 10th deadline for submitting financial information and cryptocurrency

January 7, 2023 1 min read

Juno Advises Users For Self-custody Citing Custodian Partner Issues

In light of the “uncertainty” between Juno and its partner, the cryptocurrency business urged its customers to move their funds to self-custody wallets or liquidate them for fiat money. To address the problems, the corporation will bring in a new partner. Juno recently tweeted that its custody partner has been

January 6, 2023 2 mins read

Turkey’s Central Bank Commences First CBDC Pilot Test

Central Bank digital currencies (CBDC) are central bank-issued digital tokens that function similarly to cryptocurrencies. They correspond in value to the national fiat currency of the nation. CBDCs are the subject of much research and development, with several nations having already adopted them. On Thursday, the Turkish Central Bank stated

December 30, 2022 1 min read

Ukraine Eyes CBDC For Retail and International Transactions

The National Bank of Ukraine is contemplating the introduction of a digital Ukrainian hryvnia that would be suitable for a range of applications, including the distribution of virtual assets and their subsequent trade. According to a press release issued on Monday, the Central Bank has met with representatives from the

November 29, 2022 1 min read

Get Lucky Tickets for World Cup Bets on 1xBit

The long-awaited World Cup 2022 is here, bringing many opportunities to win big. Are you excited about seeing your favorite players on the pitch? Then the World Cup is an opportunity not just to do that but also to win big from your passion. Participating in 1xBit’s Ticket Rush is all

November 23, 2022 3 mins read

Russia’s VTB Bank Adds Digital Ruble To Banking App

Among Russian banks, VTB Bank is the first to design a prototype that would let customers utilize the digital equivalent of the country’s fiat currency to fund accounts and make transactions using the bank’s mobile app. The bank’s press service indicated that in 2023, certain customers will be given the

November 14, 2022 1 min read

Binance Added Nigerian Naira (NGN) In Its Trading Gateway

Binance the world’s most prominent cryptocurrency exchange announced that once again it has added a fiat gateway for the Nigerian Naira (NGN). Binance making more effort to extend cryptocurrency use and accessibility for the general public. As part of this Nigerian users can now able to deposit and withdraw NGN

November 8, 2022 1 min read
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