[ad_2][ad_1] The digital economy has seen a steady increase in crypto technology by young Nigerians and startups, to pay for goods and services. Nigeria’s information and communication sector (digital economy) grew by 15.09% in real terms in Q2 2020, compared to growth of 9.99% in Q1 2020 and 9.01% in …
Read More »Bitcoin Whale transfers $ 1.1 billion worth of cryptocurrencies for $ 3.58
[ad_2][ad_1] A newly developed cryptography is currently gaining waves with the help of the world’s largest crypto exchange Binance. A few days ago the decentralized music streaming platform Audius (AUDIO) launched its encryption. The coin was trading as low as $ 0.04 on launch day, according to Coinmarketcap. READ: Crypto: …
Read More »Grayscale adds $ 300 million worth of cryptocurrency assets under management in just 24 hours
[ad_2][ad_1] Grayscale Investments said Thursday that it has added $ 300 million in net assets under management (AUM) in the past 24 hours alone. The company now has a record $ 7.3 billion in total AUM, according to a tweet by Barry Silbert, chief executive officer of Digital Currency Group, …
Read More »A large entity transfers Ethereum worth $ 75 million
[ad_2][ad_1] Bitcoin owners are definitely smiling at the bank amid the high buying pressure recently seen in the world’s flagship crypto market. The number of Bitcoin holders in profit is record, as data recovered by Glassnode, a crypto analytics firm, has shown. Bitcoin $ BTC Percent Addresses in Profit (1d …
Read More »Why did the Twitter owner’s payments company buy Bitcoin worth $ 50 million?
[ad_2][ad_1] Bitcoin is the largest cryptocurrency in the world in terms of market capitalization and trading volume, according to cryptocurrency tracking site CoinMarketCap. (Sign up for our Today’s Cache newsletter for a quick snapshot of the top 5 tech stories. Click here to sign up for free.) Jack Dorsey’s Square …
Read More »Ripple owners claim XRP will be worth $ 100
[ad_2][ad_1] KuCoin CEO Johnny Lyu recently revealed via his Twitter feed the recovery of most of the cryptocurrencies stolen by hackers a few weeks ago, which caused a wave among cryptocurrency investors in the crypto-verse. In a report seen by Nairametrics, KuCoin’s CEO said around 84% of affected cryptocurrencies have …
Read More »Ethereum whales transfer over $ 50 million worth of Ether to Uniswap
[ad_2][ad_1] Tyler and Cameron Winklevoss, the co-founder of a major American cryptocurrency exchange now a billionaire, thanks to the surge in Bitcoin prices. The brothers had previously bought $ 11 million worth of Bitcoin in 2013, according to the New York Times, and soon became crypto-evangelists, building the cryptocurrency exchange …
Read More »So far, China’s digital currency has been used in 3 million transactions worth over one billion yuan
[ad_2][ad_1] The digital currency of China’s central bank has been used in 3.13 million transactions worth about 1.1 billion yuan ($ 162 million) so far, the deputy governor of the People’s Bank of China reported. In addition, more than 122,000 digital wallets have been created. “Positive progress” of the digital …
Read More »The 700 million dollars worth of synthetic bitcoin circulates on the Ethereum blockchain
[ad_2][ad_1] According to data from onchain, there are now 69,836 synthetic bitcoin tokens (over $ 700 million) circulating on the Ethereum blockchain. Of the six synthetic bitcoin token projects, bitcoin wrapping (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin (BTC) has grown tremendously …
Read More »Yearn Finance Token Increases 270% in 5 Days: Defi YFI Token Now Worth More Than a Single Bitcoin
[ad_2][ad_1] Decentralized finance (defi) continues to make a stir this week, as the Yearn Finance (YFI) project token jumped more than 270% in the past five days. The digital token is worth more per coin than the bitcoin price today, as the asset is currently trading for $ 15,934 per …
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