Cryptocurrency Analysis and News Portal
Over Zoom, Al-Naji explained that BitClout was always really just a proof of concept for DeSo. “We wanted to essentially launch a demo app that showcases the features of the DeSo blockchain,” he said. “But what happened, which is kind of weird, is the BitClout app kind of exploded. A
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Crypto lender Unchained Capital, for instance, told CryptoX that it does not offer depository accounts or therefore no yield on deposits. Coinbase, the largest U.S. exchange, said on Friday that it no longer plans to offer a lending product that would have powered a savings account for customers with a
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U.S.-based cryptocurrency exchange Coinbase has announced it will not be pursuing its Lend crypto lending program.In a Sept. 17 update to a blog announcing the program in June, Coinbase hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring the crypto lending product to
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The world’s largest movie exhibition company, AMC Entertainment, has announced its plan to accept cryptocurrencies by year-end. AMC CEO Adam Aron says the entertainment giant will accept bitcoin, ether, litecoin, and bitcoin cash. AMC Prepares to Accept Cryptocurrencies AMC, the largest movie exhibition company in the U.S., Europe, and the world, has
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Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer, subject to market conditions and other factors, $1.5 billion
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The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. Five-Stage Launch According to a Nairametrics report, the new revelations concerning the e-naira’s design as well
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The bigger $3.5 trillion budget package passed by the American Senate has been tagged as a complementary expenditure plan to the $1 trillion infrastructure bill passed on Tuesday. The American Senate has passed a comprehensive $3.5 trillion budget resolution, a move that helped in advancing the broader economic
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In an announcement made by Circle on Monday, the organization reveals that it is planning to expand its work scale by evolving into a full reserve national commercial bank.In a recent change of events, Circle which is a digital currency platform hosting stablecoins now intends to evolve and work as
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