Play-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and community-building benefits. …
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Bitcoin News
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Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding …
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Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent …
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Bitcoin News
Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases
by skolnesThe Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, …
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BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss …
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Bitcoin News
Russian Expert Discusses End of Internet Anonymity With Passport-Based Access
by skolnesA Russian digital services expert has predicted a future where passport-based identification for Internet access becomes the norm, citing a broader trend towards the de-anonymization of online spaces. His comments …
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Bitcoin News
Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’
by skolnesCongressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing …
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The Nigerian Naira weakened significantly against the U.S. dollar following the Central Bank of Nigeria’s (CBN) decision to hike interest rates for the fifth time this year. The naira dropped …
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Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and …
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Bitcoin News
Cryptocurrency and Stocks Show High Correlation Levels as Macroeconomics Start Driving Markets
by skolnesA Bloomberg analysis found that cryptocurrency and stock markets have shown a high correlation after the latest set of Federal Reserve interest rate cuts. According to analysts, this related movement …