Crypto news

Nevada Attorney General Aaron Ford has sworn to protect all residents of his state from crypto scams, and he’s putting out notices to everyone to tell them what they can do to avoid becoming victims. Aaron Ford Vows to Protect People of His State In a recent statement, Ford commented: The safety of Nevada consumers is a top priority at my office. As technology becomes an increasingly integral part of our lives, scams involving digital currency are becoming more...

Abu Dhabi’s crypto and blockchain businesses are expected to grow exponentially and attract international investors, more so from the United States. The registration authority of Abu Dhabi Global Market (ADGM) has issued a consultation paper seeking feedback on its proposed new framework for distributed ledger technology (DLT) market and token issuance. The regulatory authority has set Friday, May 12 as the deadline for providing feedback on the proposed legal framework. Afterward, the...

According to the CEO of the consumer goods mainstay, Procter & Gamble retains the right strategies to deliver balanced growth. On Friday, April 21, Procter & Gamble (NYSE: PG) reported its fiscal Q3 2023 earnings, which showed the company beat estimates. The multinational consumer goods corporation’s quarterly earnings and revenue came in better than expected, with higher prices counterbalancing lower demand for its products. Following this commendable performance, P&G raised...

Last week was significantly more eventful within and outside the cryptocurrency industry, with the CPI numbers showing declining inflation rates in the States, while Ethereum underwent its most notable upgrade since the Merge. Consequently, the entire market reacted positively, with BTC spiking to $31,000 to chart a 10-month peak, while ETH skyrocketed to above $2,100 and painted its highest price point in 11 months. This week began with less volatility, but the landscape...

For the Twitter Blue subscription, only individuals retain the Blue Check while organizations that subscribed to the service will be given a yellow tick. Yesterday was a historic day for American multinational micro-messaging platform Twitter Inc as it striped its previously verified users of their Blue check marks. While the move has been tagged by many critics as a rude and dangerous precedent to set, the removal of the Blue Checks has been lauded by proponents in one of the hottest...

BitMEX co-founder Arthur Hayes examines de-dollarization and its fiscal and political implications in an article titled ‘Exit Liquidity.’   Former BitMEX CEO Arthur Hayes recently aired his views on exit liquidity vis-à-vis the US dollar’s reserve currency status. In a Medium blog post, the American entrepreneur wrote exhaustively on whether the US dollar can be replaced as the global reserve currency. Additionally, Hayes debated whether China or any other powerful nation would be willing...

Eric Adams has long been a crypto fan. As the mayor of New York City, arguably one of the biggest cities in the world, Adams goes against what many of his democrat constituents in the region say and do regarding crypto. For them, the asset is something to be banned and ignored, while Adams has gone so far as to claim BTC should be taught in public schoolrooms. Eric Adams and Blockchain: What Are the Possibilities? The enthusiasm of Adams appears to be landing on the...

Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory. USDT-stablecoin issuer Tether is making yet another move to extend its dominance in the $132 billion stablecoin market. Last night, Tether announced the minting of another one-billion USD-pegged token on the Ethereum blockchain network. Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory. He further added that it was “an authorized...

For the Dream Vortex NFT project, NYX has partnered with the movers and shakers of the Web 3.0 space. NYX Professional Makeup has released a non-fungible token (NFT) collection for the world’s first beauty DAO – GORJS. Tagged “Dream Vortex”, the collection features 4,150 unique NFTs curated by a group of nine artists. NYX Professional Makeup Touches on Diversity and Inclusion with New NFT Project According to the official press release, each art considers the new era of beauty, focusing on...

Robert Kiyosaki, an accomplished American investor, businessman, motivational speaker, and author of the bestselling book “Rich Dad, Poor Dad,” recently expressed his admiration for Bitcoin (BTC) and lauded its ability to withstand the test of time. According to Kiyosaki, the success of Bitcoin can be attributed to its decentralized nature, as it is driven by the people rather than the Federal Reserve Board or the US government for support. Here’s Why Kiyosaki Loves Bitcoin...