Category: Cryptocurrency
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Japan’s Big 3 Banks Embrace Stablecoins for Cross-Border Payments: A Boom for the Pan-African Community
Japan’s top three banks—MUFG, Mizuho, and SMBC—are embarking on a revolutionary path to modernize global financial transactions by incorporating stablecoins for cross-border payments. This initiative aims to streamline international remittances, reduce costs, and speed up transactions, which can greatly benefit regions like Africa, where cross-border payments and remittances play a critical economic role. The Role…
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Agile Energy X: Leveraging Solar Power for $2.5 Billion in Bitcoin Mining Annually
Japan-based company Agile Energy X is making waves in the cryptocurrency world with its ambitious plan to utilize solar power for Bitcoin mining. The company aims to generate up to $2.5 billion annually through this innovative approach, combining the renewable energy sector with blockchain technology. With the rise of environmental concerns surrounding Bitcoin mining, Agile…
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Skyscanner integrates with Travala, enabling hotel bookings in over 100 cryptocurrencies.
The integration on Skyscanner makes Travala discoverable alongside leading travel agencies such as Expedia and BookingDotCom. Market Overview: BTC : $56752ETH : $2393.35BNB : $505.65SOL : $133.33 Dominance : BTC : 53.73 %ETH : 13.82 %Stables : 7.36 % Market Cap : Total : 2.08TDeFi : 63.84B24hr Vol : 79.82B
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Denmark Mulls Ban on Encrypted Messaging Apps to Combat Crime
Copenhagen, Denmark – In a move that has sparked widespread concern among privacy advocates and tech enthusiasts, Denmark’s Justice Minister, Peter Hummelgaard, has indicated that the government is considering a ban on end-to-end encrypted messaging services such as Signal, Telegram, and WhatsApp. The proposed ban, aimed at combating organized crime, has raised questions about the…
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Largest stolen credit card market shunned by cybercriminals after alleged “exit scam”
Yale Lodge – the largest dark web vendor of stolen credit cards – has suffered a mass exodus of both customers and stolen data suppliers after apparently stealing their funds. Though the vendor is still online and has blamed the issues on “technical difficulties”, it has been banned and removed from all high-profile cybercriminal forums…
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A Diplomatic Standoff Over Pavel Durov
The Background: Pavel Durov, the founder of the popular messaging app Telegram, has been a subject of controversy between Russia and France. He has been critical of the Russian government and has faced pressure from authorities. Durov’s French citizenship has complicated the matter, as both countries claim jurisdiction over him. The Recent Demand: Moscow has…
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El Salvador has launched a Bitcoin certification program to train 80,000 government employees
El Salvador has launched a Bitcoin certification program to train 80,000 government employees in strategic management and public policy related to Bitcoin. The initiative, led by the National Bitcoin Office, aims to enhance the nation’s Bitcoin-driven economy and governance standards.
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A Nigerian court recently froze nearly $38 million in cryptocurrency that authorities claim was intended to support protests
A Nigerian court recently froze nearly $38 million in cryptocurrency that authorities claim was intended to support protests against the rising cost of living in the country. The protests, part of the “#EndBadGovernance” movement, have been driven by increasing public dissatisfaction with inflation and the depreciation of the Nigerian naira. The decision to freeze the…
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