Cryptocurrency

Dogecoin has its day; cryptocurrency is latest 'meme' craze

After fans of the cryptocurrency touted April 20, long an unofficial holiday for marijuana devotees, as “Doge Day,” Dogecoin failed to come close to the $1 target that supporters hoped to reach and was falling in late afternoon trading. The goal may have sounded like a low hurdle, particularly when compared against the $50,000 or […]

'Britcoin' digital currency being considered by UK

British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak touted as “Britcoin.” The Bank of England and the Treasury said Monday that they will work together to assess the benefits of a central bank digital currency, at a time when cash payments are generally on the decline, […]

Celsius wins best cryptocurrency wallet for 2021

London-based FinTech company Celsius has been awarded the Best Cryptocurrency Wallet award in the fifth annual FinTech Breakthrough Awards program which recognizes the top companies, technologies, and products in the global FinTech market today. Celsius generates yield on crypto through its robust crypto-lending business and diversified deployment channels. Celsius manages over $10 billion in cryptocurrencies […]

Would you like some Bitcoin with your Burrito?

April Fool’s Day is National Burrito Day and Chipotle is giving away $100,000 of the Tex-Mex delicacy or $100,00 in Bitcoin if customers guess a six-digit code. The brand is teaming up with Stefan Thomas, the tech founder who notoriously lost his Bitcoin login worth $387 million earlier this year and calling upon fans to […]

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 […]

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 […]