Fri, February 7

Grayscale Bitcoin Trust (GBTC) Jumps 12% Despite Ongoing Struggles

On Monday, shares of the struggling Grayscale Bitcoin Trust (GBTC) jumped, bringing the trust’s discount to Bitcoin closer to BTC’s original price. The over-the-counter security saw a price increase of 11.56%, to $9.65, yesterday. As a result, the trust’s discount relative to the NAV of its Bitcoin assets shrank to

January 10, 2023 1 min read

Nepal Issues Notice to ISP’s Towards Ban on Online Crypto Access

There has been a directive from Nepal’s telecoms authority for all ISPs in the nation. To ban access to any and all cryptocurrency trading websites, with legal repercussions for those who don’t comply. The Nepal Telecommunication Authority (NTA) issued a notification on January 8. Instructing Internet service providers (ISPs) and

January 10, 2023 1 min read

Over 12 Billion LUNC Burnt by Community To Boost Burn Rate

Since LUNC burn rates decreased in December, the Terra Classic community has set its sights on boosting those rates. The LUNC burn rates have also been influenced by the decision of the cryptocurrency exchange Binance to temporarily pause its LUNC burn mechanism until March and to decrease the burn amount

January 10, 2023 1 min read

Charles Hoskinson’s New Hospital Will Accept Cardano (ADA)

Hoskinson Health & Wellness Clinic, named after Cardano co-founder and CEO Charles Hoskinson, will accept ADA, the native token of the Cardano ecosystem, as payment for medical services. When Hoskinson first announced the news a few days ago, he claimed that the hospital will open in February of 2023. The

January 9, 2023 1 min read

Elon Musk Unveils Upcoming UI Modifications of Twitter

Twitter CEO Elon Musk has announced significant upcoming modifications to the service’s user interface (UI). New Twitter capabilities, many of which he revealed, will go out starting next week. Long-form tweets, a bookmark button, and fast swipe navigation between suggested and following content are just some of the new features.

January 9, 2023 1 min read

Burn Rate of Shiba Inu (SHIB) Spikes Around 1400% in last 24 Hours

According to statistics from Shibburn.com, the SHIB burn rate has increased by 1395.89% in the previous 24 hours. In a tweet published today, Shibburn reported that the Shiba Inu community as a whole had transferred 37.4 million SHIB to the burn wallet in the preceding 24 hours, explaining the surge

January 9, 2023 1 min read

Government Employees of Nigeria Barred From Cash Withdrawals

Modibbo R. Hamman Tukur, the Director of the Nigerian Financial Intelligence Unit (NFIU), has announced that, as of March 1, government employees in Nigeria would no longer be able to withdraw cash from government accounts. According to reports, the new law applies to officials at all levels of government and

January 9, 2023 1 min read

Shiba Inu Team Hints Collaboration With Bugatti Group

The Shiba Inu cryptocurrency’s developers have hinted at a big announcement in collaboration with the Bugatti Group. Both companies have been mum on details, but a promotional video seems to hint at a collection of handbags with a Shiba Inu motif. Bags, suitcases, briefcases, and other travel accessories are the

January 8, 2023 1 min read

Thailand SEC Announces Opening of Crypto Academy For Investors

Last week, the Thai Securities and Exchange Commission (SEC) announced the opening of “Crypto Academy.” An initiative to make available educational materials and training programmes on cryptocurrency and related topics. The regulator said that the program’s goal is to educate the public about digital assets and blockchain technology. So that

January 8, 2023 1 min read

Romanian Hospital Struck by Ransomeware Demanding Bitcoin

From December forward, hackers blocked access to the digital medical records of the Saint Gheorghe Recovery Hospital in Botoşani, Northeastern Romania. And demanded payment in crypto for unlocking them. Local news source Monitorul de Botoşani claimed on Tuesday, citing the English-language website Romania Insider, that hackers had compromised the servers,

January 8, 2023 1 min read