Crypto

• The nation-state experiment in Africa has failed and blockchain can be used to reimagine a new state. • Afropolitan is a blockchain-based state of Africans on the continent and in the diaspora. • On Hashing It Out podcast, Eche Emole explains how to build a country on the blockchain, the lack of opportunities for…
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• US credit crunch and recession on the horizon according to Michael Novogratz, CEO of Galaxy Digital. • Novogratz recommends buying gold, silver and Bitcoin (BTC) as a hedge against a potential credit crunch. • Bitcoin (BTC) price has reached new 2023 highs despite the recent Silicon Valley Bank collapse. US Credit Crunch Imminent Galaxy…
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• The article discusses the benefits of decentralized accounting systems, such as increased efficiency, better security and cost savings. • It explains how these advantages are achieved through a distributed ledger system and various technologies such as cryptography, digital signatures and smart contracts. • Finally, it outlines some of the challenges faced in implementing this…
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• Hodlnaut’s founders are attempting to save the company by proposing to sell it instead of liquidation. • The proposal has been made in an affidavit from the co-founder Simon Lee. • The company has been working with potential investors to sell its business and other assets. Hodlnaut’s Troubled Situation The cryptocurrency lender Hodlnaut is…
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• Binance and Ingenico have formed a new partnership allowing in-store payments in France via Binance Pay. • The initial test of this offering is only available on Ingenico Axium payment terminals in France and more than 50 cryptocurrencies can be accepted. • A crypto-to-fiat solution allowing merchants to receive fiat payments is set to…
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• Charity tied to former FTX executive made $150M from insider deal on FTT tokens • Ruairi Donnelly, the former executive, was reportedly given FTT tokens at a price of $0.05 and sold them for $1 when public trading opened • FTX filed for bankruptcy in November, sparking legal proceedings and scrutiny over donations to…
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Data Science: A Powerful Tool for Businesses Data science is a powerful tool that can help businesses gain a competitive edge in the market. With its ability to provide insights and recommendations based on data analysis, it enables companies to create new products, services and procedures. As the demand for skilled professionals in this field…
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• Tesla recorded a $204-million gross impairment loss and a $64 million gain from converting BTC into fiat currency in 2022, resulting in a net loss of $140 million. • In the first quarter of 2021, Tesla invested $1.5 billion in Bitcoin and announced that it would start accepting BTC payments from U.S.-based consumers. •…
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• The United States Securities and Exchange Commission (SEC) has been investigating traditional Wall Street investment advisers for offering digital asset custody services to clients without proper qualifications. • The SEC’s inquiries have been ongoing for several months but have accelerated after the collapse of the crypto exchange FTX. • The SEC is looking into…
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• The co-founder and CEO of Ava Labs spoke with Cointelegraph at the World Economic Forum in Davos, Switzerland, on the future of DeFi and TradFi as two industries with merging value systems. • Emin Gun Sirer, the co-founder and CEO of Ava Labs, stressed that the purpose of DeFi is not to attack or…
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