The international standing of Nigeria in the realm of cryptocurrencies could be negatively impacted by the recent government actions against local trading platforms. However, Oladotun Wilfred Akangbe, marketing chief at Flincap digital currency exchange, is optimistic that Nigeria can overcome this challenge. During an interview with CryptoMoon, Akangbe voiced worries over Nigeria’s reputation in the … Read more
The iShares Bitcoin Trust (IBIT) from BlackRock, which functions as a spot Bitcoin exchange-traded fund, is gradually gaining ground in terms of market share against Grayscale’s Bitcoin Trust ETF (GBTC). On April 17, Dune data reported that BlackRock’s IBIT experienced the second smallest daily inflow of $24.9 million. This is a significant decrease from its … Read more
Worldcoin to get its L2. WLD has remained in the $4.7 price zone despite the latest announcement. Worldcoin (WLD) is known for making bold statements, and they didn’t disappoint with their latest update. After the iris scanning issue caused a stir, the company revealed plans for their Layer 2 (L2) solution. Has this news affected … Read more
The upcoming Bitcoin (BTC) halving could potentially influence how it is regulated in the future, as authorities take a closer look at the digital currency during this period. According to Natalia Latka, who holds the positions of policy director and regulatory affairs at Merkle Science, this is the case. In simpler terms, Latkas explained to … Read more
Tether, the company behind the well-known USDT stablecoin and the largest stablecoin by market value, is undergoing reorganization to establish additional departments beyond managing its stablecoin operations. A major player in stablecoins unveiled a new organizational structure with the introduction of four distinct business units: Tether Data, Tether Finance, Tether Energy, and Tether Education, as … Read more
A Paxos representative has stated that the latest detachment of the Pax Dollar (USDP) stablecoin from its peg wasn’t due to problems within the protocol itself, but rather with pricing systems used for calculations. On April 16, the value of a Pax Dollar momentarily reached $1.29, but it quickly retreated to its original price at … Read more