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Nigeria and South East Asia led global crypto adoption in 2020

Statista has found that one-in-three Nigerians used or held crypto assets throughout 2020. Data released by data firm Statista has revealed Nigeria is the major nation per capita for both Bitcoin and cryptocurrency adoption, and together with nearly one in three survey respondents suggesting that they used or owned crypto assets in 2020. According to […]

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PancakeSwap becomes the first billion-dollar project on Binance Smart Chain

PancakeSwap benefit from lower costs over the Binance Smart Chain to develop into the second-ranked DEX with volume. PancakeSwap (CAKE) has emerged as a rising star in the decentralized finance (DeFi) industry with the recent surge in price aiding the food-themed token turned into the very first billion-dollar project about the Binance Smart Chain (BSC).Data […]

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Europe’s most successful soccer club just got a cryptocurrency sponsor

The normalization of all cryptocurrency advertising took another leap forward this week as Europe’s most successful soccer team announced a partnership using a Turkish Bitcoin (BTC) trading platform.Rangers Soccer Club, Europe’s most trophy-laden team with 115 contest wins to its title, will associate with Turkish cryptocurrency exchange Bitci Technology. The partnership will run until the […]

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Russian crypto mining firm scrambles to meet foreign demand

Russian crypto mining giant BitRiver has been racing to construct two new data centers to meet rising demand from global crypto miners. The company hopes to set up 100 MWh by autumn 2021, meeting only half of anticipated demand.  The CEO noted that the developing demand is mainly coming from the USA and Europe, with […]

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Bitcoin whales continue to accumulate despite BTC price holding above $50K

The amount of Bitcoin whales is rising as the cost of BTC continues to grow. The amount of whale speeches holding Bitcoin (BTC) have struck a new all-time high, the latest data reveals. This can be considered bullish, especially as the cost of BTC is showing staying power over $50,000.The gain in the amount of […]

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Finance Redefined: One hack to bring down a whole market, Feb 10–17

The Alpha Homora hack remains rippling through niches. Finance Redefined is now Cointelegraph’s DeFi-centric newsletter, delivered to readers each Wednesday.The Alpha Homora and Cream Finance hack has produced a gigantic mark in the DeFi area this week.It is your biggest single hack DeFi background at $37 million in funds stolen. It is also one of […]

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Binance Coin sets new all-time high amid skyrocketing activity on BSC

Binance Coin is now the fourth-largest cryptocurrency by market capitalization with the cost approaching the $200 mark. Binance Coin (BNB) has seen its next major rally in February, culminating in a fresh all-time high $195 following the token cost added over $80 in the past 24-hour trading period.Thursday’s 42% rally currently signifies BNB is up […]

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US crypto exchange suspends XRP trading in light of SEC lawsuit

A leading United States-based cryptocurrency market has stopped all XRP trading about its own stage in the wake of the Securities and Exchange Commission’s ongoing lawsuit against Ripple Labs.The PayBito market, that processed $1.1 billion worth of transactions in 24 hours leading up to the time of book, will suspend all XRP trading currencies, as declared […]

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Swiss canton of Zug starts accepting tax payments in cryptocurrency

The Swiss canton of Zug is currently accepting Bitcoin and Ether for tax payment from local businesses and individuals. The Swiss canton of Zug now allows its residents to pay taxes in cryptocurrencies like Bitcoin (BTC) and Ether (ETH).Bitcoin Suisse, a neighborhood crypto broker that allowed the new chance in partnership with all the canton, […]

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Bosch teams up with Fetch.ai to launch blockchain and develop Web 3.0 tech

The 2 companies are cooperating to create practical usage cases for blockchain engineering. Bosch Group, the international technology provider, is teaming up with Fetch.ai to launch a multi-purpose blockchain system which may further advance Internet 3.0 capabilities such as artificial intelligence and the Internet of Things.  The blockchain system, which is in testnet until the […]

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