Author: Folashade Amuda

I have been writing on cryptocurrencies for the past five years. I am always in quest of good and quality crypto news to share with the members of the public. I also want you to know that I will always appreciate your feedback and constructive criticism always. Enjoy reading and Thanks!

Highlights A city in the United States has installed a Bitcoin ATM at an airport after the popularity of cryptocurrency as a payment method The City Of Williston Installing a state-hosted crypto kiosk at the Williston Airport is expected to increase cryptocurrency payment volume in the city. The City of Williston, North Dakota, has installed a crypto ATM further to explore the cryptocurrency sector at its international airport. Digital Currencies Supported According to the local administration, the “government-hosted cryptocurrency kiosk” has been installed at the Williston Basin International Airport, enabling both passengers and non-passengers to purchase and sell 40 digital…

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Highlights Blockchain technology may have its first real-world application in the form of Social-GameFi Blockchain Application History In the last several years, there have been many novel blockchain applications. However, the most acceptable real-world applications of this technology are yet to come, according to experts. The metaverse, the internet’s next realistic version, is seen to be the best place for this to take place. The metaverse enables anybody to explore a virtual world that connects multiple settings. According to most people, the metaverse is confined to virtual reality (VR), yet this is not true. Interactive and real-world elements will be…

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Highlights Following the acquisition of BitGo by Galaxy Digital in May, the company expects to complete the purchase of BitGo in the first quarter of 2022. The Public Announcement It has been announced that Mike Novogratz’s Bitcoin investment management company, Galaxy Digital Holdings, will not go public on the New York Stock Exchange in late 2021, as had been planned. Galaxy Digital’s founder and CEO, Michael Novogratz, said that the company has postponed plans for an initial public offering (IPO) in the United States and now aims to go public in the first quarter of 2022. Acquisition Of BitGo Slated…

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Highlights BitConnect’s victims are getting $56 million in cryptocurrency from the US Justice Department According to the Justice Department, “this liquidation constitutes the largest single recovery from a cryptocurrency fraud in the history of the United States.” Crypto Recovered And Seized By US Justice Department Approximately $56 million in Bitcoin has been confiscated by the United States Department of Justice as part of the BitConnect Ponzi scam investigation. The Justice Department informed that it would sell the seized cryptocurrency and keep the proceeds in U.S. dollars, until it could use the money to reimburse BitConnect victims. Suppose a “future restitution…

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Highlights Commercial banks in Nigeria are monitoring cryptocurrency trading accounts Individual accounts with significant multi-day inflows and withdrawals are being monitored by the country’s central bank Nigeria’s financial institutions have taken this action in response to a directive from the Nigerian Central Bank (CBN) mandating all commercial banks to freeze the accounts of at least two individuals engaged in cryptocurrency trading. A Memo To All Employees Leadership reported on an internal letter from one of the banks asking employees to begin monitoring accounts with high transaction volumes or suspected Bitcoin trading activity. The following is mentioned in the document quoted…

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Highlights Kevin O’Leary, sometimes known as Kevin O’Leary, is an American actor and comedian. Mr. Wonderful, also known as @kevinolearytv, is a television personality. He claims that his compliance department recommended him to “limit his exposure” to Bitcoin, even though O’Leary had never considered himself a skeptic in the first place. He Made This Known On Reddit According to the site, Kevin O’Leary, a Shark Tank star, said on Reddit’s r/CryptoCurrencyTalk on Thursday that cryptocurrencies now account for 10 percent of his whole investment portfolio. “Starting the year with a 3 percent weighting, I set a goal of increasing it…

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Highlights According to a recent Protos study, Alameda Research and Cumberland control the majority of the Tether traffic From Illegal Crypto To A Glorified Coin According to a new report, Tether (USDT) has evolved from an illegal cryptocurrency to the industry’s cornerstone during the last seven years. USDT acts as a bridge between traditional currencies such as the US dollar and decentralized digital currencies like Bitcoin. An independent cryptocurrency website, Protos looked at the most popular stable coin and the liquidity providers that supply it to cryptocurrency platforms. The Study Reveals The Following According to the study referenced, USDT is…

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NFT

Highlights Coinbase’s planned NFT platform has attracted ten times as many new users as OpenSea in the last 30 days. The CEO Gives Details Of The Operation According to Brian Armstrong, CEO of the cryptocurrency exchange Coinbase, its planned nonfungible token (NFT) platform is critical. As of Tuesday, Coinbase has reported sales of $1.2 billion, the majority of which came from fees charged by the platform for trading cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) (ETH). The company is the biggest crypto exchange in the United States, and its shares are listed on the Nasdaq stock market. The Coinbase…

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NFT

Highlights To find out whether NFTs are about art or simply money, the Hermitage sold $440,000 worth of them on Binance. The Russian Museum Russia’s State Hermitage Museum has launched its first virtual digital art exhibition, continuing its foray into the nonfungible token market. Since its inaugural NFT auction on Binance in September raised over $400,000 for the Hermitage, a free exhibition of NFT artworks only existing in virtual space, the so-called “celestial hermitage,” or the museum’s digital avatar, is currently being held at the Hermitage for the public to enjoy. Invisible Aether “Invisible Aether,” the Hermitage’s new exhibition, debuted…

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Highlights A total of 500 Landry’s Select Club locations throughout the United States will provide Bitcoin-based reward points to its members in the coming months. Visitors To Earn In Bitcoin On Tuesday, Landry’s Group launched a partnership with cryptocurrency exchange NYDIG, which would allow visitors to earn $25 in Bitcoin for every $250 spent at the company’s restaurants, according to the announcement. In addition, with the support of NYDIG, Landry’s will begin holding a portion of its corporate treasury reserves in Bitcoin, a first for the company. It operates more than a dozen franchise businesses, including Bubba Gump Shrimp Company…

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Highlights Morgan Harper, the former senior advisor to the Consumer Financial Protection Bureau (CFPB) who is running for one of Ohio’s U.S. Senate seats, seems to be “crypto curious,” according to reports. Against the current crypto-friendly senator, the Democratic Senate candidate’s interest is space exploration. Morgan Harper’s candidacy for the United States Senate was made more than a year ago. A Twitter Revelation Harper revealed her interest in the possibilities of Bitcoin (BTC) and other cryptocurrencies for Ohio policy during a Twitter chat on Tuesday. According to Democratic presidential candidate Kamala Harris, Bitcoin would replace a large number of the…

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Legislators in Kazakhstan have enacted a bill requiring crypto platforms to be subject to financial surveillance Anti-Money Laundering (AML) measures for crypto firms in Kazakhstan were passed by the upper chamber of the country’s national parliament on Monday, according to local news site Vlast. Anti-Money Laundering Legislation In the wake of the new legislation, crypto service providers will be subject to the country’s financial surveillance system. In addition, the proposed law would create a legal institution for public officials to be held accountable for their actions. For example, the Ministry of Digital Development, Innovation, and Aerospace Industry in Kazakhstan must…

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Eric Adams, the future mayor of New York City, believes that students should be taught how to deal with bitcoin and other digital assets while still in elementary or secondary school The New Mayor Wants Immediate Changes In the opinion of Eric Adams, the newly elected Mayor of New York City, schools should include Bitcoin studies. In an interview with CNN’s State of the Union, Adams said that Bitcoin represents a “new form of paying for goods and services all around the globe,” and he encouraged local educators to educate students for “the new way of thinking” brought about by…

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As a consequence of Goulart’s plan, all Brazilian workers will be allowed to request payment in cryptocurrency from their employers in the future. However, employees and their employers must first agree to let crypto payments take place before this is permitted by law. In the bill’s translated text, it reads that in the future, the worker will have complete control over how much of their income will be made in bitcoin. Therefore, the employer is not allowed to impose any additional responsibility on the employee. Focus on Decentralization The legislation shows a focus on decentralization, which minimizes the dependency on…

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Highlights Factory manager quits job because of SHIB profits Having been able to quit his job, for which he earned $68,000 a year, he was able to stay at home with his child and participate in online discussions about meme coin-related projects Millionaire And Stay-At-Home Dad According to a source, Shiba Inu token holders who invested thousands of dollars in the meme coin in February have partially cashed out to become stay-at-home fathers for their children. Shiba Inu (SHIB) was trading at roughly $0.0000001 on Thursday when an unidentified 35-year-old supermarket warehouse manager purchased $8,000 worth of Shiba Inu tokens,…

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NFT

Highlights In collaboration with Ownix, FC Barcelona has created a new non-fungible token (NFT) collection to connect the club’s international fan base. The club’s 122-year history is sure to be featured in the new series since it has 95 local and international honors to its credit, including 26 national titles and five UEFA Champions Leagues. ONX, the platform’s native ERC-20 token, is expected to be used to facilitate the trading of digital assets when the marketplace launches in the final week of November, according to predictions. Ownix CEO’s Answers An Important Question Is it possible for Barcelona’s international fan base…

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Almost two-thirds of those who left their jobs after life-changing crypto profits earned less than $50,000 in total. The effects of life-changing crypto gains According to data, some low-wage workers are abandoning their employment after achieving life-changing cryptocurrency gains. Civic Science published survey findings (weighted according to US census data) on Monday, revealing that 4% of 6,741 respondents aged 18 and older had left their employment in the previous year owing to “financial independence” acquired from cryptocurrency investments. Civic’s independent survey Civic then compared the 4% result to data from 1,201 respondents who had resigned their employment owing to bitcoin…

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NFT

Highlights According to Crypto.com, the UFC and Crypto.com have teamed together to manufacture the first official UFC NFT, which will be accessible on Thursday, according to the website Earlier this week, Crypto.com, a cryptocurrency trading, and payments website, announced the launch of a non-fungible token (NFT) for the Ultimate Fighting Championship (UFC). The UFC AND NFT SERIES According to the press release for the UFC’s new NFT series, digital treasures such as fight-night artwork, event posters, championship belts, athlete personalities, and avatars are among the digital treasures on display. The “UFC 268 Packs,” consisting of a collection of non-fungible tokens,…

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NFT

The announcement of a new relationship between OneOf and the Recording Academy will take place during the Grammy Awards ceremony. For the foreseeable future, the Grammy Awards broadcasts will be accompanied by limited edition NFT recordings. In an unsigned statement posted on the Grammy Awards website, the Recording Academy and OneOf, a green non fungible token (NFT) marketplace sponsored by famed music producer Quincy Jones, announced an exclusive agreement. The cooperation will be focused on the Grammy Award competition for the following three years, starting in 2022. The Academy aims to generate more revenue for artistes While the specifics of…

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A Dallas Mavericks fan wins $100,000 in Bitcoin from the team during a shootout during an NBA game. The winner of an NBA shootout game organized by Voyager Digital walked away with a $100,000 Bitcoin prize, courtesy of the organization. The winner was determined to be Isaiah Stone. Isaiah Stone, the lucky crypto winner An NBA (National Basketball Association) shootout event held by bitcoin brokerage business Voyager Digital resulted in a $100,000 Bitcoin(BTC) prize for a Dallas Mavericks fan in attendance. In the end, it was a die-hard Dallas Mavericks fan who was the fortunate winner of $100,000 in Bitcoin.…

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