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Elizabeth Wilson

Honduras Special Economic Zone Recognizes Bitcoin As a Unit of Measure

Honduras Special Economic Zone Recognizes Bitcoin As a Unit of Measure

January 9, 2024 by Elizabeth Wilson

Following the intense efforts made by El Salvador to create a crypto-friendly state other countries such as Honduras have replicated the move to tap the endless benefits offered by digital assets. In an advanced report the Próspera, a special economic zone situated…

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BlackRock Axing 3% of Global Workforce Ahead of Bitcoin ETF Approval

BlackRock Axing 3% of Global Workforce Ahead of Bitcoin ETF Approval

January 7, 2024 by Elizabeth Wilson

As the crypto community eagerly awaits the approval of the Bitcoin exchange-traded funds (ETF), the Wall Street titans led by BlackRock are exploring possible ways to offer the new financial product compliantly. The BlackRock team revealed plans to cut off its workforce…

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Square Enix Plans to Leverage AI Technology in Creating Games

Square Enix Plans to Leverage AI Technology in Creating Games

January 4, 2024 by Elizabeth Wilson

The desire to dominate gaming has forced developers to leverage emerging technologies such as artificial intelligence (AI) to boost user experiences. In a January 1 report, Japanese gaming company Square Enix revealed a plan to use AI technologies to create new games…

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Jim Cramer Envisions Bitcoin is Here to Stay, Citing its Technological Marvel

Jim Cramer Envisions Bitcoin is Here to Stay, Citing its Technological Marvel

January 4, 2024 by Elizabeth Wilson

With the recent development in the crypto industry, financial and investment experts have expressed optimism about the future of the best-performing digital assets such as Bitcoin. In a December 2 interview on CNBC Mad Money, the host of this program Jim Cramer…

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Orbit Chain Hit by $80 Million Exploit

Orbit Chain Hit by $80 Million Exploit

January 3, 2024 by Elizabeth Wilson

In a Monday report, the South Korean cross-chain bridge Orbit was hit by a major cyber attack that resulted in the loss of a substantial amount. The Orbit team complained that the hackers gained unauthorized access to the cross-chain and drained approximately…

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Baidu Chatbot Ernie Bot Reaches Substantial Customer Base in China

Baidu Chatbot Ernie Bot Reaches Substantial Customer Base in China

January 1, 2024 by Elizabeth Wilson

As China seeks to become a leading tech hub in the Asian region, the government has imposed measures to support the responsible use of emerging technologies. A review of the Chinese roadmap demonstrated that the country seeks to launch an artificial intelligence…

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Yellow Card Officials Predicts Crypto Boom in Nigeria Following the Lifting of Ban on Digital Assets

Yellow Card Officials Predicts Crypto Boom in Nigeria Following the Lifting of Ban on Digital Assets

December 31, 2023 by Elizabeth Wilson

As Nigeria seeks to become a go-to destination for crypto firms, the regulator plans to create a friendly environment for digital assets. A few days ago, the Nigerian Central Bank (CBN) lifted the ban on bank involvement in crypto activities. The lifting…

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DeFiance Capital Top Executive Resigns to Join Chromia Blockchain Network

DeFiance Capital Top Executive Resigns to Join Chromia Blockchain Network

December 30, 2023 by Elizabeth Wilson

DeFiance Capital, the California based crypto investment company has been hit by a major leadership shake up following the departure of the top level executive. Last week, the head of portfolio growth at DeFiance, Yeou Jie Goh, stepped down from his role….

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Catalyx Crypto Exchange Suspend Withdrawals and Trading Following a ‘Security Breach’

Catalyx Crypto Exchange Suspend Withdrawals and Trading Following a ‘Security Breach’

December 29, 2023 by Elizabeth Wilson

In a December 28 report, the prominent crypto exchange in Canada, Catalyx, indefinitely suspended withdrawals, depository services and all trading activities following a security breach incident. The discovery of the security breach forced Catalyx to take decisive actions to address the matter. …

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Analysts Expect Nigerian Crypto Firms Supporting Central Bank to Become Industry Leaders

Analysts Expect Nigerian Crypto Firms Supporting Central Bank to Become Industry Leaders

December 29, 2023 by Elizabeth Wilson

Following the uplifting of the ban on banks in Nigeria, the crypto community expressed their excitement about the new rules. In a December 23 publication, industry leaders who collaborated with the Central Bank of Nigeria (CBN) in revising the existing crypto regulation…

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KyberSwap Cuts Off 50% of its Workforce to Sustain Operation

KyberSwap Cuts Off 50% of its Workforce to Sustain Operation

December 27, 2023 by Elizabeth Wilson

In a recent report, KyberSwap revealed plans to downsize following the multi-million dollar exploit that plunged the company into financial woes. The report demonstrated that the Singapore-based decentralized finance protocol will reduce 50% of the workforce to remain afloat. A statement from…

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Japan Regulators Set to Eliminate Tax on Unrealized Crypto Gains

Japan Regulators Set to Eliminate Tax on Unrealized Crypto Gains

December 27, 2023 by Elizabeth Wilson

As Japan seeks to become a go-to destination for crypto firms, the regulators have agreed to loosen the regulation for digital assets. In a recent Cabinet meeting, policymakers agreed to remove the tax imposed on unrealized gains from crypto investments. An unrealized…

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President Erdogan Appoints Crypto Professor to Central Bank Committee

President Erdogan Appoints Crypto Professor to Central Bank Committee

December 26, 2023 by Elizabeth Wilson

The president of Turkey, Recep Tayyip Erdoğan, has appointed Professor Fatman Ozkul to the central bank board. Professor Ozkul’s appointment demonstrated Turkey’s commitment to tap into the benefits of crypto and blockchain technologies. In a December 22 report, President Erdogan confirmed Professor…

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Wemade Collaborates with Whampoa Digital to Launch a $100 Million Web3 Fund

Wemade Collaborates with Whampoa Digital to Launch a $100 Million Web3 Fund

December 25, 2023 by Elizabeth Wilson

On Friday, the leading game developer in South Korea, Wemade, teamed up with Whampoa Digital to launch a $100 million Web3 fund. In the December 22 report, the two companies stated that the newly launched Web3 Fund will focus on the development…

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Bloomberg Analyst Outlines Need for Authorized Participant for Bitcoin ETF

Bloomberg Analyst Outlines Need for Authorized Participant for Bitcoin ETF

December 25, 2023 by Elizabeth Wilson

As the crypto community awaits the resurfacing of the bulls in 2024, prominent analysts are still mulling over the possibility of approving the spot Bitcoin exchange-traded funds (ETF). In a December 23 X update, Bloomberg Intelligence Eric Balchunas regretted that the process…

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Menlo Ventures Leading Anthropic in a $750 Million Funding Round

Menlo Ventures Leading Anthropic in a $750 Million Funding Round

December 22, 2023 by Elizabeth Wilson

In an official report, the team behind Claude AI Anthropic revealed plans to launch a $750 million funding round led by Menlo Ventures. The artificial intelligence development company anticipates that the multi-million investment would propel the firm’s value to reach $18 billion. …

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Court Freezes $1.4 Billion Linked to 3AC Founders

Court Freezes $1.4 Billion Linked to 3AC Founders

December 22, 2023 by Elizabeth Wilson

In a recent report, the American-based advisory firm Teneo confirmed that assets totaling around $1.4 billion had been frozen linked to the now-defunct hedge fund Three Arrow Capital (3AC). The decisive action to freeze the multi-million dollar capital aimed at barring the…

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Marathon Digital Prepares for Upcoming Bitcoin Halving, Acquires Two Mining Sites

Marathon Digital Prepares for Upcoming Bitcoin Halving, Acquires Two Mining Sites

December 20, 2023 by Elizabeth Wilson

As we approach the long-awaited Bitcoin halving, crypto miners have invested heavily in acquiring new infrastructures to maximize their profits post-halving. Marathon Digital has joined the slew of miners preparing for the 2024 Bitcoin halving. In a December 19 report, the Marathon…

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Court Rejects Extradition of Terra Founder Do Kwon to US

Court Rejects Extradition of Terra Founder Do Kwon to US

December 20, 2023 by Elizabeth Wilson

A report from the Montenegro court revealed that the founder of the Terraform Labs, Do Kwon, might not be extradited to the US. The court reversed its earlier ruling to extradite the disgraced crypto investor to either the US or South Korea. …

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Hut 8 Partnering with Celsius Creditors to Build New Mining Site

Hut 8 Partnering with Celsius Creditors to Build New Mining Site

December 20, 2023 by Elizabeth Wilson

In an advanced report dated December 18, the prominent Bitcoin miner in Canada Hut 8 signed an interim agreement with Celsius creditors to establish a new mining site in Cedarvale, Texas. The bankrupt crypto lender Celsius Network has sought to attain its…

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Name	Price	24H (%)
Bitcoin (BTC)	$70,256.00	2.22%
Ethereum (ETH)	$2,042.80	1.48%
Tether (USDT)	$1.00	-0.01%
BNB (BNB)	$642.36	1.21%
XRP (XRP)	$1.39	2.37%
Cardano (ADA)	$0.264100	3.28%
Chainlink (LINK)	$8.97	0.91%
Litecoin (LTC)	$53.86	-0.20%
Polkadot (DOT)	$1.50	0.17%
Uniswap (UNI)	$3.87	-0.66%