Pakistani Politician Imran Khan’s Instagram Account Used to Promote Crypto Giveaway Scam

Pakistani Politician Imran Khan’s Instagram Account Used to Promote Crypto Giveaway Scam

Post Views: 79 Imran Khan, a former prime minister of Pakistan and current chairman of one of the largest political parties in the country, has confirmed that his Instagram account was compromised and hackers used it to promote a cryptocurrency giveaway scam. Imran Khan, a former Pakistani prime minister and current chairman of the Pakistan…

Biggest Movers: DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High 

Biggest Movers: DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High 

Post Views: 78 Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was mainly in the red. Cronos, however, managed to rally despite this, hitting an almost seven-week high…

Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,600 as Prices Extend Recent Declines

Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,600 as Prices Extend Recent Declines

Post Views: 79 Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin also extended its streak of declines, falling under $23,000 in the process. Bitcoin (BTC) was lower for…

Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’

Reports Say Beijing Attacking Taiwan Could Lead to ‘Far-Reaching Economic Consequences’

Post Views: 86 While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit Taiwan this week and White House officials say China is preparing to carry out “military provocations.” Moreover, during the last few weeks,…

Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise

Report: Crypto Hardware Wallet Maker Ledger Seeks $100 Million Capital Raise

Post Views: 100 The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware wallet company Ledger is reportedly looking to raise at least $100 million from strategic investors. Founded in 2015 by Éric Larchevêque and…

Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence

Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence

Post Views: 83 According to Chandler Guo, an influential Chinese bitcoin miner, a proof-of-work (PoW) version of Ethereum is “coming soon.” The news comes as The Merge is expected to be implemented on Ethereum during the week of September 19, and the growing discussions of delaying the highly anticipated proof-of-stake (PoS) transition. ETH POW is…

Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed

Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed

Post Views: 135 The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian association of bureau de change operators has said. The leader also slammed the recent adjustment of the central bank’s interest rate…

‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism

‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism

Post Views: 94 Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Businesses in the area will accept bitcoin for payments. “In Santa Lucia, we are all going to participate in this project … Accepting bitcoin will open us to another market and win more customers,” said a local business owner….

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

Post Views: 86 While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from January 2022 to today, euro stablecoin numbers dropped…