Businessman and owner of a Kenyan football club, Ricardo Badoer, has been accused of fleecing more than $140 million from investors via his Aidos Kuneen cryptocurrency. Threats Against Investors According to a local report, Kenyan businessman Ricardo Badoer is being accused of defrauding investors via his Aidos Kuneen cryptocurrency of more than $140 million. The …
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Charles Hoskinson is saying that the fundamentals of Cardano (ADA) remain strong despite the declining price of the smart contract platform and Ethereum competitor. In a new ask-me-anything session, the Cardano founder and CEO of Input Output Hong Kong (IOHK) looks at the various metrics of ADA and says that every single one has gone …
A group of eight Bitcoin (BTC) enthusiasts launched a Kickstarter campaign to publish an educational book for America’s federal policymakers, to reduce their reliance on the traditional media narrative on cryptocurrencies. The campaign managed to attract $23,151 in funding, nearly five times the goal of $5,000. The book was conceptualized soon after the United States …
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HodlX Guest Post Submit Your Post The Greek polis – a city-state – is considered by most historians to be the prototype of the modern structure in Western society. As an enclosed city-state, each polis would have its own political system, economy, military, local political weight and relations with its neighbors. Most Greek city-states like Athens, Mycenae …
The Uniswap community has approved the governance proposal that sought deployment of Uniswap v3 contracts over the Polygon PoS Chain. The approval comes in the form of an on-chain vote that saw the participation of over 72.6 million users from the community. Uniswap Labs announced to deploy Uniswap v3 contracts based on the votes that …
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Crypto influencer Lark Davies tweeted a chart showing internet and crypto adoption rates. By superimposing the respective lines, taking account of when both started gaining traction, a close correlation is demonstrated between the two. If this trend holds, it’s predicted that there will be 1 billion crypto users by 2026/27. That’s a 5x increase from …
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While the cryptocurrency economy has seen significant losses across the board — losing billions during the last two weeks — a recent CNBC millionaire survey indicates that millennial millionaires have a lot of crypto. Furthermore, millennial millionaires plan to add more digital assets to their portfolios in 2022. 83% of Millennial Millionaires Own Cryptocurrency, According …
Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency Exchange in Indonesia Blockchain and cryptocurrency infrastructure provider Binance announced Wednesday that it has established a …
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The chief economist at the International Monetary Fund (IMF) says that regulation is “absolutely important” for the crypto sector. She added that banning cryptocurrencies, like what India could be considering doing, would pose practical challenges given their decentralized nature. IMF’s Chief Economist on Cryptocurrency and Its Regulation International Monetary Fund (IMF) chief economist Gita Gopinath …
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BTC/USD Is Range-bound between $45.5k and $52k as Bitcoin pauses above $45.5k -December 19, 2021 Following the December 4 price slump, BTC/USD is now confined in a range as Bitcoin pauses above $45.5K. For the past two weeks, BTC/USD has been fluctuating between levels $45,500 and $52,000. The price action is characterized by small body …
RadioShack was a technology hallmark in the late 1990s. Big box stores dominated the emergence of new technological innovations, when personal computers, cell phones, printers, and the like all started to hit the market and were host to a fast race to be a leader in innovation. However, in recent years, big box presence has …
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Popular decentralized automated market maker (AMM) Uniswap will deploy its smart contracts on Polygon, the Ethereum scaling solution, Proof-of-Stake (PoS) chain. The announcement was made via Twitter by the official handle of Uniswap Labs after the completion of a community vote. Related Reading | Uniswap Community Reacts Against The New Proposal, Here is Why The …
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The popularity of NFTs is exponentially increasing, with more and more celebrities joining the craze by launching their personal NFTs. Recently, Melania Trump became the latest celebrity to launch her NFT collection called “Melania’s Vision.” The former first lady has been a controversial celebrity with her support for her husband, the former U.S. President Donal …
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The Russian central bank wants to ban investments in cryptocurrencies in Russia, citing the growing number of crypto transactions as a threat to financial stability. Russia Mulls Over Crypto Ban Russia’s central bank is attempting to outlaw cryptocurrency investments, escalating the country’s long-standing distrust of Bitcoin and other digital assets. Future transactions would be prohibited, …
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Macro investment strategist Lyn Alden says cryptocurrencies will revolutionize the international payments sector over the coming decades. Alden tells her 316,700 Twitter followers that some of the crypto assets that will be used for global payments in the future include Bitcoin (BTC) as well as private and public stablecoins. “International payments are going to look …
