US headline inflation for March came in at 8.5%, slightly above analysts’ expectations. The number is up markedly from February’s reading of 7.9%. (This is a developing story and is being updated as new details and reactions emerge.)… Read More: US Inflation Hits 8.5%, Slightly Higher Than Expected Read more »Pay, Trade, Buy Bitcoin…
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According to a new report, approximately 33.4 million Nigerians, or 35% of the country’s adult population, are holders of cryptocurrencies or have traded them in the past six months. The report attributes the growing adoption of cryptocurrencies to rising inflation and the plunging value of the local currency. Converting From Fiat to Crypto via P2P…
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A new development on Upland will allow you to build your own business in the metaverse, earning tokens and becoming a real entrepreneur. NFT cars are also on the way to join the platform, bringing brand new ways to enjoy the Play-to-Earn experience such as street racing. There’s never been a better time to join…
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Popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) is launching a three-part film series with major crypto exchange Coinbase, while Snoop Dogg is collaborating with NFT project Clay Nation to launch a new collection on Cardano (ADA). Coinbase’s official Twitter account teased the film trilogy on Monday, saying that they are “creating…
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Meta, the company formerly known as Facebook, may have turned its back on its once-grand stablecoin plans, but it is far from done with digital forms of money – with its metaverse pivot leading it to create “tools” that will let its users sell “digital assets.”… Read More: Meta Begins Testing ‘Tools’ for Metaverse…
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Voyager reportedly plans to integrate cryptocurrencies, micro investments and insurance products into PayMaya, which already includes a digital wallet. Voyager Innovations, the firm behind the Philippines’ top digital payments app Paymaya, has announced it has achieved unicorn status after a recent round of funding, surpassing a $1 billion valuation. Voyager Innovation announced Tuesday that the…
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Bitcoin price traded below USD 39,500, but the bulls were active near USD 39,200. BTC is currently (11:45 UTC) correcting losses near USD 40,400, with many hurdles near USD 41,000. The price is still down 2% in a day. Similarly, most major altcoins are attempting an upside correction. ETH tested USD 2,950 and recovered…
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One of the main reasons investors across the globe seek to diversify traditional assets into crypto is to counter rising fiat inflation. A new study has revealed staggering growth in crypto adoption across Nigeria, fueled by limited access to affordable fiat-based financial services in Africa. Crypto exchange KuCoin’s “Into the Cryptoverse Report” highlights that many…
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Pledge has also introduced a mechanism that allows each crypto transaction to contribute to verified carbon offset initiatives via the United Nations Climate Neutral Now Initiative. Pledge, a fundraising platform, has created “PledgeCrypto,2/51” which allows non-profits to accept crypto donations in more than 130 cryptocurrencies, including Bitcoin, Ethereum, and Tether, and then turn them into…
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The Bank of Ghana has warned businesses and the public against the practice of demanding or making payments in foreign currency without its authorization. The central bank’s warning comes just over a month after Ghana’s currency was rated the worst performing among Africa’s top currencies.
Violators Face Possible Prison Time
The Ghanaian central…
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