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Bitcoin
Nearly 500,000 Nigerian CBDC Wallets Downloaded Since Launch
Nearly half a million e-naira wallets have been downloaded a few weeks after the central bank digital currency (CBDC) was officially launched by Nigerian President Muhammadu Buhari, the central bank has said.
E-Naira’s Initial Trade…
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Bitcoin.com News has…
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Kyrgyzstan Shuts Down Cryptocurrency Farm With 2,500 Mining Rigs
Authorities in Kyrgyzstan have uncovered and shut down a large crypto mining farm in the north of the country. Law enforcement officials claim the illegal coin minting facility has inflicted “colossal damage” to the…
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Los Angeles Angels’ Shohei Ohtani Joins FTX’s Global Ambassadors, MLB Superstar to Be Paid in Crypto
The cryptocurrency firm FTX Trading Ltd. announced on Tuesday that the Major League Baseball (MLB) legend Shohei Ohtani also known as “Shotime” has joined the company’s global ambassadors. According to the announcement…
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There Are More People Using Bitcoin Wallets Than Bank Accounts, Says El Salvador President
El Salvador had made history when it became the first sovereign nation to make bitcoin a legal tender. The September 7 official adoption had sent the entire space into jubilation as it had marked a significant stride for BTC. Barely a…
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Digital Ruble Should Not Boost Inflation, Bank of Russia Says
Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the head of the monetary authority has emphasized. The regulator has put forward some…
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Bitcoin Funding Rates Fall Below Zero In Market Sentiment Reset
Yesterday, funding rates fell below zero in a market sentiment reset as Bitcoin’s price declined following its new all-time high.
Bitcoin Funding Rates Briefly Fell Below Zero Yesterday
As per the latest weekly report from Arcane…
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Big Four Accounting Firm Deloitte Forges Partnership With Ava Labs to Leverage Avalanche Blockchain
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new cloud-based platform…
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As the Dollar’s Purchasing Power Drops, Janet Yellen Stresses ‘Pandemic Calls the Shots’ for the…
Inflation has continued to make the price of goods and services in America rise as the U.S. dollar’s purchasing power is not what it used to be. Meanwhile, the Obama administration’s former economic advisor, Larry Summers,…
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Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near…
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