African News
Top 3 P2E Games to Watch for in April – 2024
April 2024 is going to be full of excitement because it is filled with P2E opportunities and upcoming gaming airdrops. Some of your all time favorite studios have also lined up their beta tests and releases this month. After thorough analysis, we have picked the top 3 P2E games for April 2024. Our Picks for…
India empowers non-payment operators to offer CBDC wallets
Reserve Bank of India (RBI) has announced an expansion of wallet providers of its Central Bank Digital Currency (CBDC) wallet. The statement from the bank notes that it will empower non-payment operators to offer wallet services of its CBDC. The bank said that it will make the needed changes to effect this as the initiative…
South Korean Party woo voters with access to US spot Bitcoin ETFs
Political parties in South Korea have turned to using incentives in the cryptocurrency industry to woo potential voters as the parliamentary elections draw closer. According to a Bloomberg news/articles/2024-04-05/south-korean-party-pledges-access-to-us–bitcoin-etfs-in-race-for-votes” rel=”nofollow noopener” target=”_blank”>report, the opposition Democratic Party has promised to remove restrictions on several domestic and international crypto products. Some of these include digital assets and…
Bitcoin.org owner predicts a great divide in the Bitcoin community
Pseudonymous owner and operator of the Bitcoin.org Website Cobra has predicted the incidents that will take place concerning Bitcoin very soon. According to his post on X, Cobra claimed that a great divide will plague the Bitcoin community. He clarified that there would be two sets of people trying to determine what happens next with…
ZachXBT complains of borderline harassment from the IRS
Blockchain sleuth ZachXBT has come out to complain about harassment targeted at him by the Criminal Investigation Unit (CIU) of the United States Internal Revenue Service (IRS). According to his post on X, the blockchain investigator alleged that he is now a target of what he calls ‘borderline harassment’ as the agency continues to seek…
Concerns as China and the US continue to stack up on BTC: What does this mean for Decentralization?
The promise of freedom from centralized entities like governments(China and the US), banks, and other financial institutions fuels the entire cryptocurrency world. Bitcoin’s technology is undoubtedly sophisticated enough to take care of itself; however, the government’s increased stimulus plans have continued to raise issues. In general, bitcoin maxis and the cryptocurrency community are increasingly becoming…
Hong Kong Deputy Secretary says Web3 tech is revolutionary at Carnival opening
During the opening ceremony of the Web3 Carnival in Hong Kong, Huang Weilun, who serves as the Deputy Secretary of Financial Services and the Treasury of the Hong Kong Special Administrative Region, expressed his belief that Web3 is a revolutionary technology, according to a local report on April 6. He also emphasized Hong Kong’s commitment…
Genesis sells GBTC Shares for 32,041 Bitcoins Amid bankruptcy
Genesis, a crypto lending company that went under bankruptcy, has sold its Grayscale Bitcoin Trust (GBTC) shares, and with the proceeds it purchased 32,041 bitcoins, according to a news.bloomberglaw.com/bankruptcy-law/bankrupt-genesis-sold-gbtc-shares-to-acquire-32-041-bitcoin” target=”_blank” rel=”noreferrer noopener nofollow”>Bloomberg report on Friday. Repaying creditors The sale of GBTC shares transaction was completed on April 2, as per the report. Genesis was…
So, how is Japan’s economy faring now?
Japan’s news/articles/2024-04-04/japan-s-households-continue-to-cut-spending-as-inflation-weighs?srnd=homepage-africa” rel=”nofollow noopener” target=”_blank”>economy is seeing some pretty wild twists and turns, making for an intriguing, but kinda nerve-wracking, story. For starters, the average household in Japan has been tightening the purse strings, and no, not out of a newfound passion for frugality, but because inflating prices are putting a damper on their shopping…
Monochrome moves Bitcoin ETF bid to Cboe Australia
Monochrome Asset Management, a Brisbane-based company, has moved its request for bitcoin-etfs-experience-significant-outflows/” target=”_blank” rel=”noopener”>Bitcoin exchange-traded fund (ETF) licenses to Cboe Australia. The company’s intent was to go public on the Australian Securities Exchange (ASX) by July 2023. The selection of Cboe Australia results from the growing importance of Asia’s investment landscape. Monochrome wants to utilize…
Uniswap hits milestone $2 trillion all-time trading volume
uniswap has hit a remarkable milestone figure of above $2 trillion in terms of its all-time trading volume. According to data compiled by the platform’s strategy and operations lead Zach Wong and tracked on Dune Analytics, the decentralized exchange (DEX) hit the milestone figure at 11:55 am UTC. Notably, the firm is hitting the milestone…
Ellipsis Labs secures $20 million in Series A funding
Cryptocurrency developer Ellipsis Labs has finalized a Series A funding round, securing $20 million. According to its post on X (formerly Twitter), the investment round was led by Paradigm with additional support from Electric Capital. Other participants include Ethereum Foundation’s Justin Drake and Mike Neuder, Solana co-founder Anatoly Yakovenko, EigenLayer’s Sreeram Kannan, and a few…
Binance threatens full restrictions on unverified sub-account holders
Cryptocurrency exchange Binance has announced measures that will be taken against users with accounts on its Exchange Link program. According to the support/announcement/binance-exchange-link-mandatory-identity-verification-kyc-requirements-801c97aa0b07474387487149b13cc8bf” rel=”nofollow noopener” target=”_blank”>announcement, Binance has mandated users of sub-accounts to ensure prompt completion of their mandatory Know Your Customer (KYC). The exchange noted that only users who have complied with the directive…
ZA Bank launches banking services for stablecoin issuers
In a bid to boost local Web3 adoption, Hong Kong-based ZA Bank has announced that it will offer banking services to issuers of stablecoins. According to its official announcement, the contact banking bank.za.group/en” rel=”nofollow noopener” target=”_blank”>platform said that it will open up security for fiat reserves, which issuers can leverage to back up their digital…
Zimbabwe turns to gold in efforts to permanently ditching US dollar
Buckle up, because Zimbabwe’s going for a wild ride down Gold Lane, ditching the us-be-affected-when-brics-ditch-dollar/” data-type=”post” data-id=”504791″ target=”_blank” rel=”noopener”>US dollar like it’s out of fashion. Under President Emmerson Mnangagwa’s regime, this southern African gem is shaking up its monetary system yet again. This time, they’re pulling a bold move by introducing a new gold-backed currency….
A rundown of all the crypto events happening in April
April’s calendar is jam-packed with events that could shake up the crypto world as we know it. From courtrooms to code, this month is set to deliver a rollercoaster ride for anyone with even a passing interest in cryptocurrency. So, buckle up, because we’re diving deep into the heart of these major happenings, with no…
El Salvador celebrates first Bitcoin diploma graduates
El Salvador marked a historic event on April 2nd, 2024 when the country honored a graduating class in the “Bitcoin diploma” program. The 2022 initiative, organized by the non-profit organization Mi Primer Bitcoin, seeks to instill Salvadorans with vital understanding and practical skills in Bitcoin. The development of the program was prompted by the country’s…
Sony Bank Launches Stablecoin Pilot Project on Polygon Blockchain
Sony Bank, a banking division of the Japanese entertainment and gaming conglomerate, has begun a pilot to make its own stablecoin linked to fiat currency, Nikkei reported. The experiment is set to occur on the polygon blockchain. Sony’s Stablecoin Experiment on polygon The report statement asserts that Sony is exploring stablecoins to drive the firm’s…
Federal Reserve v. ECB – Who will cut interest rates first?
Amidst the global economic rollercoaster, the million-dollar question that’s got investors biting their nails and analysts spitting predictions like fortune-tellers is: Who’s going to blink first in the face-off between the Federal Reserve and the contact Central Bank when it comes to slashing interest rates? You’re not getting an intro that starts with “In a…”…
Wormhole’s 2022 hacker was briefly eligible for its airdrop
The hacker behind the huge $320 million hack on wormhole bridge in 2022 was briefly added to a list of eligible users for its W token airdrop. In an April 4 post by pseudonymous researcher Pland on X (formerly known as Twitter), the team had forgotten to remove wallets tied to some wallet addresses connected…