Nigeria to ban peer-to-peer crypto trading in naira

Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea have surged by over 12,000% in 2021.DappRadar data shows that the total incoming value to OpenSea’s smart contracts increased to $56.07 million on Wednesday compared to $73,556 on Jan. 1. Meanwhile, the marketplace’s user count increased from 315 to 14,520 in the same period — a…

Mining firm Argo Blockchain installs 1,000 more mining machines, financial news outlet ProactiveInvestors reports on Sept. 19.The addition of the new machines would take the company’s total number of miners to 6,000. Furthermore, the firm also plans to acquire another 6,000 of them in the next two quarters.The firm, publicly traded on the London stock…

In a Davos interview, Codex's Alex Gordon-Brander talked about the Ethereum launch, Codex’ liquidity specialties, and solving real-world problems with crypto. 254 Total views 6 Total shares Co-founder and chief evangelist officer for Codex, Alex Gordon-Brander, spoke to Cointelegraph about his Bitcoin story, the real-world use cases for crypto, and the economic downturn during a…

Interviewed by Cointelegraph at the Paris Blockchain Week Summit on Wednesday, Helen Hai recalled the empowering support she received from Changpeng Zhao (CZ) when pitching the initial idea for what has become a multi-million-user platform. 110 Total views 18 Total shares Attending and reporting from the two-day Paris Blockchain Week Summit (PBWS), Cointelegraph’s managing editor,…

Ethereum Classic Labs incubator officially announced its accelerator program to promote the development of products based on the Ethereum Classic network.On July 28, Ethereum Classic Labs published a blog post to provide details about Ethereum Classic Labs Accelerate, a program for funding and educating blockchain firms and communities that are creating products and services on…

"An economy dominated by digital payments but without a strong monetary anchor would be inherently unstable," claimed Rehn. 68 Total views 24 Total shares In a novel address at the University of California Berkley published on Wednesday, Olli Rehn, governor of the Bank of Finland, touted the possibility of a digital euro centralized bank digital…

The United Kingdom’s Financial Conduct Authority (FCA) is proposing to ban cryptocurrency exchange-traded notes (ETNs) — but Coinshares, a U.K.-based regulated public exchange, disagrees with that proposal.Claims of insufficient evidence In a Sept. 23 letter on its website, Coinshares claimed the FCA has not provided enough evidence to justify the proposed ban on crypto ETNs — warning its…

It's all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says. 299 Total views 2 Total shares Bitcoin (BTC) recovered its weekly close losses on Aug. 28 as risk assets rose on China tax cuts.BTC/USD 1-hour chart. Source: TradingViewBTC price 200-week EMA…

Business advisory firm KPGM has partnered with tech companies Tomia, Microsoft and R3 to create a blockchain-based settlements solution for the telecom industry, in anticipation of 5G network services.KPMG announced the partnership and product plans in an official blog post on July 16.As per the report, the planned blockchain solution intends to make use of…