The Nigerian currency, which has been depreciating against the U.S. dollar in the past few weeks, has completely erased its gains from early April, making it the worst-performing currency in the world. The decline of the naira is attributed to Nigeria’s ongoing foreign exchange shortages. One economist expects the pressure on the currency to peak
Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of the pioneering cryptocurrency. From Freedom to Fragmentation In his latest blog post, Matt Corallo outlines the
In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court document, dated May 9, 2024, claims the SEC fails to identify legitimate investment contracts involved in the transactions on Kraken’s platform. Kraken
Robert Kiyosaki has advocated that investors need to take position in Bitcoin and gold amid the likely launch of BRICS Crypto The post BRICS Crypto Launch Looms: Robert Kiyosaki Backs Bitcoin appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .
The once hyped Bitcoin Runes Protocol has recorded a massive slump in transaction activity over the past few weeks The post Bitcoin’s Rune Protocol Sees Decline in Activity appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .
David Bailey, CEO of Bitcoin Magazine, has disclosed his nexus with the campaign of former President Donald Trump. Bailey and his team have advised Trump to develop a Bitcoin and crypto-friendly agenda, including signing a crypto-focused executive order on day one. He declared that crypto enthusiasts will not vote for Trump but against Biden’s crypto
The Cardano community is currently hyped about the potential to list the ADA coin on American top exchange Gemini The post Cardano Community Suspects Possible Listing on Gemini appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .
Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.
The U.S. District Court for the District of Columbia has ordered the forfeiture of 279 cryptocurrency accounts containing funds linked to alleged hacks of crypto exchanges by North Korean operatives. This measure is a component of a broader U.S. effort aimed at dismantling cyber operations that finance North Korea’s nuclear and missile initiatives. The decision
Tom Brady also reentered the crypto conversation, albeit likely against his will.