Malaysia’s prime minister, after discussions with Binance’s CZ, is urging swift action on blockchain regulations and collaborations to modernize the nation’s financial systems. Malaysia Won’t Be Left Behind: PM Anwar Discusses Crypto and Blockchain With Binance’s CZ Malaysian Prime Minister Datuk Seri Anwar Ibrahim has unveiled his country’s intention to adopt a progressive stance on […]
Nigerian Currency ‘Most Competitive in 20 Years,’ Says World Bank
Nigeria’s currency reforms under Bola Tinubu’s government have made the naira one of the most competitive in 20 years, according to World Bank chief economist Indermit Gill. The decision to float the naira and remove fuel subsidies helped prevent fiscal collapse. While the naira’s devaluation has exacerbated poverty and raised concerns about civil unrest but […]
Rives Launches Doom Olympics: A Competitive Onchain Gaming Event
Rives, a blockchain gaming project, has announced the launch of its Doom Olympics, a unique competition built on the Cartesi platform. The tournament will feature seven distinct challenges inspired by the classic video game Doom, rewarding top players with over $ 15,000 in prizes. Rives Combines Blockchain and Classic Gaming With Doom Olympics Rives …
Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings
Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s. The hashprice, which represents the expected value of 1 petahash per second (PH/s) of hashing power per day, is about $ 57 per petahash. Mining Centralization Grows as Bitcoin Hashrate and Revenues Shift As …
Invesco and Galaxy Slash Fees in Competitive Spot Bitcoin ETF Market
Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF Fee Slashed in Response to Intense Market Competition In a strategic move to gain traction in the […]