Tag: Cryptocurrency
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LATEST: Sony’s Ethereum layer-2 project, Soneium, is set to launch a Japanese Yen stablecoin in partnership with Sony Bank.
Sony Makes a Yen for Blockchain: Tech Giant to Launch Japanese Yen Stablecoin Panafrican.email – September 13, 2024 In a move that could significantly impact the global cryptocurrency landscape, Sony is making a big splash in the world of blockchain. Their Ethereum layer-2 project, Soneium, is partnering with Sony Bank to launch a stablecoin pegged…
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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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Is Telegram actually a crypto company?: A Game-Changer for Digital Finance
In a surprising turn of events, Telegram, the messaging app renowned for its privacy features and secure communication, has quietly emerged as a significant player in the cryptocurrency space. While the platform has long been a favorite among tech-savvy users and privacy advocates, recent financial disclosures have unveiled a new facet of Telegram’s operations that…
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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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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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Biggest Losers of the Day:
Crypto:Bitcoin: -15.91%ETH: -23.16%SOL: -21.22%BNB: -19.51%LINK: -27.87% Memecoins:BILLY: -45.59%MUMU: -43.83%MANEKI: -40.96%POPCAT: -40.19% Stocks:INTC: -26.97%TEAM: -17.76%SNBR: -17.39% Global Markets:Nikkei 225: -12.40%KOSPI: 8.77%Taiwan Stock Exchange: -8.35%FTSE 250: -4.14% BREAKING: Major trading platforms are reportedly experiencing outages. • Fidelity• E-Trade• Vanguard• TD Ameritrade• Charles Schwab
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More than 40% of the world’s countries support de-dollarization
Almost half of the world’s countries have already declared a boycott of the dollar to a greater or lesser extent. Since the beginning of this year, according to Sputnik’s analysis, six more countries have set foot on the path of de-dollarization. All the countries can be roughly divided into three groups: The first and largest…
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Nigeria takes aim at digital sovereignty with the development of a homegrown blockchain system dubbed “Nigerium”
The initiative, spearheaded by the country’s National Information and Technology Development Agency (NITDA), aims to address data security concerns and enhance transaction efficiency. While a timeline for development and implementation is yet to be established, Nigerium is envisioned as a platform for secure and transparent transactions across various sectors. “Developing an indigenous blockchain like Nigerium…
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𝕋𝕙𝕒𝕟𝕜𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕕𝕒𝕥𝕖 .