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Tag: cryptocurrency
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Philippines Set to Introduce Digital Peso as Cryptocurrency Countermeasure
The Bangko Sentral bg Pilipinas (BSP) is on track to unveil its own digital currency within the next two years, aiming to present a...
Polygon Labs Proposes ‘Type 1 Prover’ to Transform EVM Blockchains into Validiums
Last week, Polygon introduced a new technology called the "type 1 prover" that helps EVM-compatible blockchains use zero-knowledge proofs. This tool is set to...
Bitcoin’s Online Interest Falls Despite Market Optimism
Despite reaching near two-year price peaks, Bitcoin's online interest has plummeted to levels reminiscent of a bear market, with a significant 80% drop in...
Chinese Mining Firms Drawn to Ethiopia for Its Low-Cost Electricity, Reports Bloomberg
As reported by Bloomberg, Chinese cryptocurrency mining companies are increasingly setting up in Africa, especially in Ethiopia.
Even though trading cryptocurrencies is banned in China...
Nigeria Faces Pressure to Implement Cryptocurrency Regulations to Curb Financial Crimes
The Nigerian government has been urged to create rules for cryptocurrency to help stop financial crimes like money laundering. Adedeji Owonibi, a Nigerian blockchain...
