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Nigeria’s CBDC Transactions Increase by 63% After Demonetization

According to the governor of the Central Bank of Nigeria, the local government's digital currency has experienced a significant surge in transaction volume since its launch, with an increase of 63% to reach a transaction volume of $47.7 million. Godwin Emefiele revealed that, initially, after the ...

Ripple’s XRP Surges to Highest Value Since 2022 Amid SEC Lawsuit Settlement Prospects

The price of Ripple's XRP has surged to $0.49 per digital coin, marking its highest value since November 2022. This sudden growth is attributed to the increased likelihood of Ripple settling the SEC lawsuit against it. Interestingly, this chance came about in a third-party case involving the bank ...

Cardano Founder Criticizes Credit Suisse for Refusing Cryptocurrency Account

Cardano's founder, Charles Hoskinson, has publicly criticized the Swiss bank Credit Suisse for its current financial crisis and recalled his own experience with the bank's refusal to open an account due to the volatility of cryptocurrencies. Hoskinson, who was a leader of Ethereum in 2014, explai ...

Over $1 Billion Worth of Ethereum Lost Due to Smart Contract Bugs and Human Error

The Director of Product Strategy and Business Operations at Coinbase recently highlighted the prevalence of errors in the Ethereum ecosystem that have led to the loss of over $1 billion worth of Ether. Conor Grogan conducted an in-depth analysis of thousands of different errors, rangi ...

Recognition of Ethereum as a Security: Potential Impact on the Cryptocurrency Industry

The potential recognition of Ethereum as a security could have a significant impact on the cryptocurrency industry. While regulators have generally recognized ETH as a commodity, the recent lawsuit filed by the New York Attorney General's Office against Seychelles-based exchange KuCoin has raised ...

BlackRock CEO Larry Fink Sees Cryptocurrencies Boosting Financial Inclusion

BlackRock CEO Larry Fink has expressed his view that cryptocurrencies could play a significant role in increasing financial inclusion worldwide. In a recent letter to investors, Fink reiterated BlackRock's commitment to supporting the emerging cryptocurrency industry and revealed that the company ...

Cryptanalyst Bluntz predicts rise in ETH after completing correction

Bluntz, a well-known cryptanalyst with 221,000 followers, accurately predicted the Bitcoin crash in 2018. However, he now predicts a rise in ETH and assures that the correction has been completed and it's ready for growth. According to his technical analysis, Ethereum has already reached its s ...

Upbit to Issue xCORE Tokens to XRP and SOLO Holders

Upbit, a major cryptocurrency exchange based in South Korea, has recently announced that it will be supporting XRP and SOLO token holders by issuing tens of millions of xCORE tokens. This move is set to take place on March 24th, with a total issuance of 50 million tokens to be distributed equally ...

Ethereum Witnesses a 25% Rise Amid Cryptocurrency Rally

The surge in digital currencies, triggered by the decline of three major US banks, had a significant impact on Ethereum as well. The altcoin's value increased by 25% during the week, with prices reaching the $1,800 mark, according to a cryptanalyst. Michael van de Poppe identified $1,850 as a cru ...

Vitalik Buterin on Choosing Key Custodians in Multi-Signature Wallets

In a recent blog post, Vitalik Buterin, the co-founder of Ethereum, delved into the issue of selecting key custodians for wallets with multi-signature transactions and those that offer the option of key recovery. A multi-signature wallet is a type of wallet where a transaction requires approval f ...