Zimbabwe’s central bank to issue gold-backed digital currency: Report
The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency.
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a16z reveals lobbying plan: Throw money at tech-forward politicians
Ben Horowitz, one of the firm’s founders, has pledged to support any politician that helps push crypto and AI technology forward. Venture capital firm Andreessen Horowitz (a16z) is hoping to push pro-crypto and AI regulation forward with seemingl new strategy: Throwing money at politicians.“If a candidate supports an optimistic technology-enabled future, we are for them.
Bitcoin battles for weekly close above $42K as LFG buys 4,130 more BTC
Bitcoin (BTC) prepared for its lowest weekly close of the month so far on April 10 after a week of disappointing losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC "giving people a second chance"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $42,700 Sunday with a matter of hours to go until the conclusion of…
Ethereum gas fees drop to lowest levels since August 2021
Data also shows that the average gas price on the Ethereum has been dropping rapidly since the start of the year, plunging from 218 Gwei on Jan.10 to 40.82 on March 9. 73 Total views 23 Total shares Gas fees for transactions on the Ethereum (ETH) blockchain have dropped to the lowest levels since August.…
Bitcoin price downside may last 2 months — Analysis
Bitcoin could experience another two months of downside pressure before a bullish chart pattern could lead to a breakout.
South Africa’s new AI framework sets foundation for tech leadership
As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy.
Terra co-founder Do Kwon says he’s not ‘on the run’
Kwon didn’t reveal his whereabouts in a series of Tweets responding to claims he fled Singapore after an arrest warrant was issued on Wednesday. 535 Total views 4 Total shares Do Kwon, the co-founder of the Terra ecosystem, took to Twitter on Saturday asserting he’s “not ‘on the run’ or anything similar” after the Singapore…
Bitcoin ATM Producer Moves to Switzerland Due to Regulatory Difficulties
Bitcoin (BTC) automated teller machine (ATM) manufacturer Lamassu has moved to Switzerland due to regulatory difficulties in other countries, according to a blog post published Jan. 1.Lamassu — now called Lamassu Industries AG — has moved to the Swiss canton of Lucerne, because the firm wants “to be in a place where rules are well…
Samsung-Backed Blocko to Build Blockchain-Based Credit System for Arab Bank
The Islamic Development Bank’s research organization has partnered with Blocko to build a blockchain credit management system. 1781 Total views 46 Total shares The research arm of Suadi Arabia’s Islamic Development Bank Group is aiming to develop a blockchain-based smart credit management system.To achieve this, the bank's Islamic Research and Training Institute, or IRTI, has…