My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in …
Monthly archives: September 2024
Bitcoin Hash Price Hits New Low — Is It Time To Buy?
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing …
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TIA Down 23% In A Week, As Investors Eye New On-Chain Projects
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …
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Wells Fargo Accidentally Drains $4,000 From Customer’s Bank Account, Pushing Balance Into Red for Days: Report
Banking giant Wells Fargo reportedly drove a customer’s account into the negative for days over confusion about a paper check. Sacramento resident and longtime Wells Fargo customer Gerald Monroe Mann says he wrote a $400 check – and soon after discovered $4,000 had been withdrawn from his account, reports CBS News. After spending hours on …
Telegram CEO cannot leave France, OpenSea receives Wells notice, and more: Hodler’s Digest, Aug. 25 – 31
Telegram CEO Pavel Durov has been placed under judicial supervision after a court appearance, OpenSea receives Well Notice: Hodler’s Digest
Coinbase conducts its first AI-to-AI crypto transaction
Crypto exchange Coinbase witnessed its first crypto transaction between artificial intelligence (AI) bots on Aug 30, CEO Brian Armstrong announced in a post on X. He explained that one large language model (LLM) used crypto tokens to buy AI tokens from another AI bot. Bots are developed to carry out specific tasks — in this …
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Tanzania Reportedly Blocks X Amid Opposition Crackdown
The East African nation of Tanzania has reportedly restricted access to the social media platform X (formerly Twitter). This ongoing outage has been confirmed by Netblocks, an internet observatory organization. The incident coincides with a police alert regarding alleged plans by the opposition party to raid police stations. Prominent politician Tundu Lissu and four other …
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South Korea’s Bitcoin Premium Persists Amid Market Volatility
Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premium. Despite First Negative Dip Since Oct. 2023, South Korea’s Bitcoin Premium Continues Interestingly, …
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Nigerian Blockchain Leader: Approval of 2 Crypto Exchanges Brings Much-Needed Regulatory Clarity
A Nigerian blockchain industry leader has described the recent approval of two crypto exchanges by the securities regulator as a positive step that improves the image of Nigeria’s crypto space. The leader believes clear regulations will attract foreign investors and benefit Nigerian entrepreneurs. He also urged Nigeria to follow the rule of law regarding the …
UBS Predicts Further Weakening of US Dollar
UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief rally, UBS has downgraded the U.S. dollar to its Least Preferred status, while upgrading the euro, British pound, and Australian dollar. UBS Forecasts Continued Weakening …
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Block Scholes and Bybit Report Highlights Stability in Crypto Derivatives
A recent study by Block Scholes and Bybit reveals a resilient crypto derivatives market, despite recent market turbulence. The report provides insights into futures, options, and perpetual contracts, emphasizing the sector’s ability to withstand significant market events. Futures Market Stability Highlighted in New Report Despite Bitcoin Sell-Off The joint report from Block Scholes and Bybit …
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Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador
President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption has not grown as he expected, adopting bitcoin as a legal tender worked as a rebranding for the nation. …
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$2 Billion Milestone Reached in Tokenized Treasury Bonds
The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s tokenized funds stand out, commanding a dominant 44.95% share of the net value. Tokenized Bond Market Breaks $2 Billion Barrier, With Ondo, Blackrock, and Franklin …
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