Godfrey Benjamin

Just days after Samsung Electronics announced it will integrate Non-Fungible Tokens (NFTs) into its next generation of television sets, the American arm of the tech giant has floated its Samsung 837x store on Decentraland. Named after the Samsung 837x store the company set up in New York City, the virtual park will reignite the company’s […]

With the growing demand and struggles that revolve around the purchase of Non-Fungible Tokens (NFTs), Binance NFT marketplace has launched its Subscription Mechanism, a move that is billed to grant users easy access to collections launched on its platform. The Subscription Mechanism on Binance NFT is straightforward and easy to grasp and will usher in […]

The customers of Airbnb Inc, an American company that operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities want the firm to integrate digital currency payments this year. The request was made indirectly following a question posed by the company’s Chief Executive Officer, Brain Chesky on January 2nd, asking his […]

The European Securities and Markets Authority (ESMA) has called for public comments as it looks to regulate the use of Distributed Ledger Technology for securities trading and settlements. The request for comments was contained in a published document dubbed a “call for evidence” and it is targeted to specific stakeholders in the region.  The proposed […]

The People’s Bank of China (PBoC) has launched a pilot test wallet for its Central Bank Digital Currency (CBDC) dubbed the e-CNY. As reported by local media platform, BlockBeats, the e-CNY mobile wallet is now available on the Apple App Store as well as the Google Play Store respectively.  The launch of the app will […]

Binance Lab, the investment arm of Binance cryptocurrency exchange has made a $12 million strategic investment in Woo Network, as the liquidity provider closes its Series A+ funding round. According to the announcement by the trading platform, the investment will support WOO Network’s rapid expansion through talent acquisition, research and development, and the development of […]

American Nasdaq-listed Bitcoin mining company Marathon Digital has disclosed in a filing with the US Securities and Exchange Commission (SEC) that its recently purchased Antminer S19 XP was acquired for more than $879 million. As reported earlier by TheCoinRise, the company announced the acquisitions in the past week but did not mention the exact number […]

The security promise of blockchain systems is real, but not enough to cost the overall ecosystem an enormous loss worth over $9.8 billion in the 2021 calendar year. According to Slowmist data, the nascent industry is still predisposed to a number of security woes ranging from hacking to wallet exploits amongst others, and the loss […]

Winter beckons in many countries around the world and in a bid to prepare for the coldest months, the Iranian power authority has cut energy supply to licensed cryptocurrency miners operating in the country. As reported by a local news channel, the move was made known by Mostafa Rajabi Mashhadi, chairman of the board and […]

Binance digital currency exchange, the world’s largest by trading volume has secured the first operating license from Bahrain, the first gulf state, marking the trading platform’s grand entry into the Middle East and North America (MENA) region. According to the press release shared by the exchange, it now has the leverage to operate as a […]

Bitdeer Technologies co-founder, Jihan Wu has recanted his journey in the digital currency ecosystem, and at the same time, expressed optimism in the future growth potential of the industry. Per an exclusive interview with Forbes, Wu talked about his early days as a crypto entrepreneur, the emergence of Bitmain Technologies, the company’s struggles, and the […]

The Bank of Thailand (BOT), Thailand’s apex bank, has unveiled a slight delay in its proposed Central Bank Digital Currency (CBDC) pilot test initially scheduled for the second quarter of 2022. As reported by Reuters, the pilot test will now be carried out in late 2022, giving the bank ample time to get its processes […]

The Open Network (TON) has partnered with Telegram verified payment Bot, Donate to accept the blockchain protocol’s native token, Toncoin as a means for users to make donations and pay for their subscriptions in Toncoin. The announcement was shared on TON’s community Telegram channel, a development that has been acknowledged by Telegram founder, Pavel Durov. […]

The rate of burn of Binance Coin (BNB), the native token of the Binance trading platform, and the Binance Smart Chain (BSC) will now be done automatically through a formula published by the exchange. The trading platform said the decision to switch the model for its burning program is based on community demand and feedback, […]

The United States National Credit Union Administration (NCUA) has issued a new directive to Federally Insured Credit Unions in the country, giving them the leeway to engage with digital assets, a different stance compared with the SEC who has kept the subject of crypto regulations unclear up until this point. With the directive, credit unions […]

Central American nation El Salvador has made a new 21 Bitcoin (BTC) acquisition as a way to commemorate December 21 of the year 2021 and in the 21st Century. As shared in a Tweet, President Nayib Bukele debunked chances that the trend is a coincidence as the number 21 also represents the total number of […]

Brian Armstrong, the Chief Executive Officer (CEO) of Coinbase Global Inc is currently embroiled in an Intellectual Property lawsuit with Knowledgr, a startup that Armstrong himself is invested in. As reported by CNet, the lawsuit was filed on Friday by MouseBelt Labs, a startup that has an active investment in Knowledgr. As detailed in the […]

Brian Brooks, the Chief Executive Officer (CEO) of Bitfury, a digital technology startup has joined Voyager Digital Ltd, a major player looking to integrate key aspects of the growing crypto and DeFi world, as a non-executive director. The company made this announcement on Monday, noting that Brooks’ appointment is effective immediately. Brian Brooks will bring […]