Category: Blockchain

Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company

According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li is reportedly looking to sell a large stake in the digital assets company. Colin Wu […]

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EU tightens crypto regulatory measures; approves bill to track crypto-assets’ flow

This bill would force crypto asset service providers (CASPs) to request customer data on all transactions and give it to authorities when they request it. Several crypto companies protested against the bill’s proposal in April, citing a violation of user privacy and safety. On June 29, the EU Parliament and Council members reached an agreement […]

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CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor

CBDC Ensures Nigeria Remains Competitive in Increasingly Digital World — Central Bank Governor

The governor of the Central Bank of Nigeria (CBN) has insisted the recently introduced e-naira digital currency can potentially boost trade and investment activities in the country. He added the digital currency “would be necessary in the future to ensure Nigeria is competitive as the world becomes increasingly digital.” CBDC Gateway to Digital Economy The […]

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Namibian University Set to Offer Master’s Degree in Blockchain Technology in 2024

Namibian University Set to Offer Master’s Degree in Blockchain Technology in 2024

A Namibian university is set to offer a master’s degree in blockchain technology starting in the year 2024, a senior employee with the institution has said. The university is already “infusing” blockchain technology-based content into its level 8 programs. ‘Blockchain Is the Future’ A Namibian higher learning institution, the University of Namibia (UNAM), is set […]

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Cardano Vasil Hard Fork Postponed to Allow for More Testing

Cardano Vasil Hard Fork Postponed to Allow for More Testing

A The Input-Output Global (IOG) team has said it will postpone sending the Vasil hard fork update proposal because it still needs to solve seven outstanding bugs that are currently ranked as non-severe. While acknowledging that the news will likely be disappointing for some, the IOG team insisted it was “taking an abundance of caution […]

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Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book

Namibian Educator: Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book

Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, many factors like ignorance, a lack of information, and poor telecommunication infrastructure have made the attainment of this objective difficult. A Book of […]

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Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful

Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful

A crypto enthusiast and organizer of the Binance-sponsored Blockchain and Cryptocurrency Awareness Tour (BCAT) recently held in Nigeria, has rejected reports he was arrested by security agents reportedly spooked by large crowds that were following the campaign. The enthusiast said the high number of people that attended the BCAT tour proves that Nigerians “want to […]

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Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress

Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress

Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to the global economy” for people from countries whose currencies have either collapsed or are cut off from the rest of the world. Bitcoin as a […]

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Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks

Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks

Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with the objective of making a “better, more […]

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