Cryptocurrency mining has been outlawed in Angola following new legislation passed earlier this year to safeguard the country’s energy resources. This prohibition comes as a warning to Chinese citizens residing in Angola, who constitute a significant number of crypto miners, from their embassy, as crypto mining is considered an illegal activity in the country. The … Read more
On April 20th, there was a Bitcoin halving – an event that cut down the mining rewards from 6.25 Bitcoins per block to 3.125 Bitcoons. This change has sparked debates among cryptocurrency experts about its impact on network security and the possibility of further growth in the industry. Emin Gün Sirer, the creator of Avalanche, … Read more
Nadee Anjarwlla, a high-ranking official at Binance, was located in Kenya after escaping Nigerian detention. He could be extradited back to Nigeria relatively soon to answer for his actions. Last week, according to the Daily Post in Nigeria, Nigerian authorities have found Anjarwalla in Kenya and are working together with Kenyan officials to bring back … Read more
A 71-year-old digital artist in India fell victim to scammers pretending to be an NFT art dealer. A local news article states that Shivaprasad R, a certified chartered accountant, was defrauded out of INR 1,58,000 (around $1,895) by individuals who deceitfully promised to purchase his artwork. Shivaprasad is a skilled artist whose artwork has been … Read more
USDT on The Open Network (TON), the leading stablecoin by market size, has begun operations smoothly with an initial issuance of around $60 million in USDT tokens. At Token2049 in Dubai, held only two days ago, Tether unveiled its partnership with the TON Foundation. USDT Off To Stellar Beginning On TON With a market value … Read more