Just a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In a memo to its staff seen by Bitcoin.com News, one of Nigeria’s leading banks, FCMB, warns its employees against aiding cryptocurrency traders. The bank reveals that any account that is…
A new study from the United Kingdom revealed that most game studios have already started exploring blockchain technology for their upcoming titles. Commissioned by blockchain platform Stratis and undertaken by insight agency Opinion, the new research surveyed 197 video game developers in the United States and the United Kingdom. The results showed that 58% of developers are beginning to use…
Watch This Episode On YouTube Listen To This Episode: In this episode of The Center Cannot Hold, a show on Bitcoin Magazine Podcast with host Alex McShane, Zuby talks Bitcoin and Tyranny. Zuby is a British rapper, podcast host, author, public speaker, fitness advocate, part-time provocateur, creative entrepreneur, and Bitcoiner. Alex McShane is a writer for Bitcoin Magazine. They talked about…
Digital currency plans by Spanish banks must now be reported according to sources at the Banco de Espaa, who claimed that the central bank wants to examine the effect that digitalization is having on financial services. The Bank of Spain has been quiet for years on the subject of digital currencies. However, this year, it’s stepping up and asserting itself.…
Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian Government to Collect Millions of Dollars in Taxes After Legalizing Crypto Mining While the law “On Digital Financial Assets”…
Coinbases stock plummeted during extended trading on Tuesday following the release of the companys third-quarter earnings report. Data from the Nasdaq shows that COIN is down by 13.24% after hours, with the pre-market dump bringing the stock down to $310.58. Coinbases stock plummeted below $221 in July but embarked on an impressive rally in the past month, closing at $357.39…
European electronics outlet MediaMarkt is reportedly investigating a Hive ransomware attack launched on Sunday evening, with the attackers demanding a multi-million-dollar ransom in Bitcoin. The attack has allegedly encrypted and blocked various key services of the retailer, including its ability to accept credit cards and accept returns in some stores. Online sales are reportedly unaffected. The attackers reportedly demanded $240…
Bitcoin (BTC) remains bullish but has “one more leg down” to complete before a resurgence, one trader argues. In analysis on Nov. 10, popular Twitter account Crypto Ed said that the pullback from this week’s all-time highs above $68,500 was turning out to be deeper than anticipated. Target $65,000 for Bitc “Going a bit deeper as I was expecting yesterday.…
Brave, the company behind the Brave browser, has partnered with Solana to provide support for the blockchain directly from its browser. According to a press release, the Brave browser will now default to Solana for cross-chain and decentralized app support. Brave users, that are now in the millions, will have access to a Solana wallet within the app. This feature…
Zimbabwe’s Minister of Information publicly dismissed ongoing rumors about the country considering the adoption of cryptocurrencies and Bitcoin (BTC). Rather, Minister Monica Mutsvangwa clarified that the government of Zimbabwe is keen to experiment with a central banking digital currency (CBDC). The rumor about Zimbabwes crypto adoption was sparked based on numerous reports quoting Charles Wekwete, Permanent Secretary of the Presidents…
