Godfrey Benjamin

The year 2021 has propounded many trends in the digital currency ecosystem with Non-Fungible Tokens (NFTs) coming off as the most hyped. From retail investors to corporate outfits, the interest in the NFT metaverse peaked in the year-to-date period as many are being exposed to the massive opportunities inherent in this blockchain use case. According […]

As regulators around the world are tightening their grip on digital currency trading platforms, exchanges like KuCoin are innovating to take advantage of the gap the regulatory crackdown has ushered in. Per an announcement from the Seychelles-based exchange, a KuCoin Fiat Account has been launched to help its global users deposit United States Dollars through […]

The Avalanche Foundation has launched a new fund dubbed Blizzard, with the sole aim of bolstering its ecosystem growth. According to the foundation, the sum of $200 million has been earmarked for Blizzard, and investments in the entity will focus primarily on Decentralized Finance (DeFi), enterprise applications, Non-Fungible Tokens (NFTs), and culture applications. The fund […]

The trading app of Crypto.com, one of the world’s largest digital currency trading platforms is now ranked in the number 1 position on the Google Play Store across all segments. Per the Google ranking, Crypto.com is now ahead of top applications including TikTok, placed at number 2, the Coinbase app at number 3 with Square […]

Digital Currency Group (DCG), Grayscale’s parent company has successfully raised the sum of $700 million in a secondary share sale. According to the Wall Street Journal, the funding round attracted top investors including Softbank Group Corp’s Vision 2 Fund, Latin American Fund, GIC Capital, Ribbit Capital, and Alphabet Inc’s CapitalG. The share sale, in which […]

Huobi Exchange, one of the world’s largest trading platforms, is winding down its operations in mainland China, and the firm has published a timeline for the phased liquidations of all active traders on the platform. Responding to local regulations, the exchange said currency-based delivery contract, currency-based perpetual contract, and USDT standard perpetual contract for both […]

Hong Kong-based cryptocurrency exchange, Crypto.com has tapped the services of Matt Damon, a renowned Hollywood actor to help promote the trading platform. The promotion is coming in the form of a global campaign featuring a new ad, “Fortune Favours the Brave,” and is directed by Oscar-winner Wally Pfister and produced by David Fincher. The advert […]

Cryptocurrency trading platform, Liquid has announced that it has secured the license to trade derivatives in Japan. The exchange said that the license, which now positions the firm as a Type I Financial Instruments Business under the Financial Instruments and Exchange Act, was secured through its Japanese subsidiary, the QUOINE Corporation. Following the license acquisition, […]

The Wharton School of the University of Pennsylvania is set to accept digital currencies as tuition fee payments for its newly flagged course on blockchain and digital currencies. As the school unveiled in a statement, the six-week program dubbed, “Economics of Blockchain and Digital Assets” course for “business and technology professionals seeking to learn about […]

The public advertisement for meme coin, Floki Inu has flooded the streets of London as the project’s anonymous developers seek to drive a massive retail interest in the token. According to a report from the Financial Times, the ads can be seen on London’s Public Transport system and the slogan “Missed Doge? Get Floki” is […]

Financial leverage Exchange Traded Fund (ETF) provider, Direxion, has filed an application for a special Bitcoin ETF product with the United States Securities and Exchange Commission (SEC) in order to ride on the growing anticipation from investors about similar products. Per the filing, the product is named Direxion Bitcoin Strategy Bear ETF, and it is […]

The crypto market woke up to a bearish slip as the broad industry market capitalization slumped by more than 5.3% to $2.48 trillion, down from over $2.7 trillion in the past few days. Bitcoin (BTC) is leading the market dip as the digital currency is down by 6.56% to $58,735.82, the lowest price range the […]

American electric automaker, Tesla Inc has hinted at the possibilities of resuming the acceptance of Bitcoin (BTC) as one of its methods of payment. The Elon Musk-led company revealed this in its quarterly earnings filing with the Securities and Exchange Commission (SEC). Under the Digital Assets section, the firm acknowledged acquiring BTC back in February […]

An unnamed European-based investor has initiated ICC Arbitration proceedings against Binance Exchange, the world’s largest digital currency trading platform by volume for what is described as unjust liquidation of his assets. According to sources close to the matter, the investor is now seeking a $140 million compensation. The fact that Binance has no defined headquarters […]

American payments giant Mastercard has announced that its customers can now buy, sell and hold cryptocurrency, in addition to being able to deliver unique, crypto-centric loyalty opportunities, and streamline the issuance of branded crypto debit and credit cards.  The broad range of capabilities was made possible with the company’s partnership with Bakkt exchange, further extending […]

Hedge Fund investor Anthony Scaramucci told CNBC in an interview that anyone who takes out the time to do their Homework on Bitcoin (BTC) always ends up investing in it. According to Scaramucci, those who study the fundamentals of Bitcoin by reading the official whitepaper will be convinced about the coin’s inherent potential. Anthony Scaramucci […]

Nigeria is set to launch its Central Bank Digital Currency (CBDC) dubbed the eNaira in an event that will see the country’s President, Muhammadu Buhari unveil the new currency. According to the Central Bank of Nigeria (CBN), the eNaira is a product of years of research, and it will be one of the first full-blown […]

Blockchain technology outfit, Blockstream has unveiled the successful completion of its Blockstream Mining Notes (BMN), through a Security Token Offering (STO). The Blockstream BMN STO offering is the 6th tranche and recorded the most impressive figures with $16 million generated in a few hours.  “Tranche six was the largest tranche issued to date at €13.9 […]