Search results for "bitcoin"

Lawmakers press Big Tech CEOs on speech responsibility

The CEOs of tech giants Facebook, Twitter and Google faced a grilling in Congress Thursday as lawmakers tried to draw them into acknowledging their companies’ roles in fueling the January insurrection at the U.S. Capitol and rising COVID-19 vaccine misinformation. In a hearing by the House Energy and Commerce Committee, lawmakers pounded Facebook CEO Mark […]

Twitter CEO Jack Dorsey sells NFT of first tweet for $2.9M

Twitter CEO Jack Dorsey has sold a digital version of his first tweet for more than $2.9 million more than two weeks after he announced a digital auction for the post. The tweet from March 2006, which says “just setting up my twttr,” was bought by Bridge Oracle CEO Sina Estavi, according to Valuables by […]

Digital exchange Coinbase takes a step toward going public

Coinbase has filed papers with U.S. regulators to become a publicly traded company as digital currencies continue to march toward mainstream acceptance. The digital currency exchange is seeking a direct listing, which would allow company insiders and early investors to convert their stakes in Coinbase into publicly traded stock. In a Thursday filing with the […]

Mastercard to support cryptocurrencies in its network

Mastercard announced it will add cryptocurrencies to its network by giving preference to ‘stable coins’ or cryptocurrencies that are linked to fiat currencies such as the U.S. Dollar. Cryptocurrencies such as Bitcoin have been riding an all time high for a number of weeks now, as the digital payment method made strides in gaining confidence […]

Hello Pal platform hits monthly revenue records

Hello Pal International, Inc., announced on Tuesday growing revenues tipping the company as a viable new player in the international live stream, message, travel, and language app space.  The Hello Pal platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. The […]

UK Hospitals Explore Blockchain Tech Remedies

With tech putting its best foot forward when it comes to battling the pandemic, the fight for widespread vaccination is another battlefront that has also commenced and is in it’s prime right now. For the battle of widespread immunizations, U.K. National Health Services (NHS) have taped blockchain tech as part of their arsenal against COVID-19. […]

Are CBDCs the future of monetary systems?

The world is becoming more and more digital as time passes, with finance services championing this transformation, especially with the increasing demand of contactless digital payments swooping in, as the global Covid-19 pandemic magnifies our need for them. Many central banks around the world are looking to create their own digital currencies (CBDC) to spearhead […]

DeFi 101 and pandemic effects

The pandemic’s hand has stretched far and beyond all financial markets, leaving no stone unturned. Covid-19 has had a direct impact on the status of financial markets worldwide, affecting everything from traditional banking systems all the way down to the crypto world – and our attention today will be oriented towards DeFi. For those not […]

Cryptocurrencies: adoption and transfers on the rise in Africa

Transfers made through mobile money applications have become increasingly popular in Africa leading to a rise in the use of cryptocurrency in Nigeria, Africa’s largest economy. According to Statista, Nigerians were the most likely to say they used or owned cryptocurrency, out of 65 countries. Cryptocurrencies used in Africa include Bitcoin, Dash and Lisk in […]