Technology

Report: Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions

April 7, 2022 0

The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to one of the affected institutions, the central bank is using a certain “advanced ability” to

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How the Crypto Community Supports the People of Ukraine – Head of Binance Charity Helen Hai Explains

April 7, 2022 0

In response to the military crisis in Ukraine, Binance Charity has committed $10 million to major Intergovernmental Organizations and local NGOs, including UNICEF, UNHCR, the UN Refugee Agency, iSans and People in Need. They also launched a crypto-first crowdfunding site, Ukraine Emergency Relief Fund to allow people to donate crypto to help provide emergency relief […]

Technology

Hollywood Has Future in Blockchain, NFTs Says Outgoing Warner Media CEO

April 7, 2022 0

Jason Kilar, the outgoing CEO of Warner Media, has touted blockchain as a technology that could transform the entertainment industry. He also said the tech could bring about new forms of financing. Transforming the Entertainment Industry The outgoing CEO of Warner Media, Jason Kilar, has said the future of Hollywood is in the blockchain, a […]

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Gamified Financial and Crypto Education: How Dohrnii Is Changing the Game

April 7, 2022 0

The crypto space is growing at a rapid pace, and it’s beginning to change major industries around the world. Even with the widespread of crypto, some people still do not have any idea of what it is. According to a survey mabe by Financial Conduct Authority (FCA), three in 10 people in the UK can’t […]

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Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions

April 7, 2022 0

The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade Sanctions Not Possible, Central Bank of Russia Says […]

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Ukrainian Charity Organization Launches NFT Sale

April 7, 2022 0

A newly established Ukrainian charity organization, Pray4Ukraine, has brought together hundreds of digital artists that are using art to raise funds for the Ukrainian army and civilians devastated by the war. The organization is also attempting to use the power of art to help end the war in Ukraine. 10,000 NFTs Created A newly launched […]

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Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning

April 7, 2022 0

On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun) will be the first merchant to leverage Bitpay to accept Lightning Network

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Crypto Exchange LBank and ETHDubai Partner for an Exclusive Meet-Up

April 7, 2022 0

PRESS RELEASE. Venture capitalists, founders, and eminent crypto investors graced the event to meet and connect. While the event was insightful, it was also a moment of unwinding for the attendees after weeks of back-to-back cryptocurrency and blockchain summits in Dubai. The host, Patrick Aljord, opened the floor for the speaker Ryan Coordinator, the Head […]

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Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%

April 7, 2022 0

An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class, he stressed. Indian Parliament Member Wants to Tax Crypto at 50% Indian parliament member Sushil Kumar Modi shared his view on […]

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Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’

April 7, 2022 0

The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask the question ‘What do people committing ransom attacks usually demand payment in?’ The answer is crypto.” Bank of England’s Governor Warns About Cryptocurrency Bank of […]