CoinsModo

17/08/2023

Multichoice, owners of DSTV and GOTv is building its own digital Non-Fungible Token (NFT) platform called Boldape, where subscribers and community members can connect their wallets and mint the NFTs.

Each NFT will cost about 0.02ETH (~$36) at the current Ethereum price, and each eligible wallet address is entitled to a maximum of 4 NFTs.

Multichoice has over 23.5 million users across 50 markets in sub-Saharan Africa. Multichoice launches BoldApe NFT to connect users to Web3

29/07/2023

After 3 years of enabling the trading of on its platform, Bundle has officially closed its crypto exchange business.

After 3 years of enabling the trading of cryptocurrency on its platform, Bundle Africa shutters the crypto exchange business for Cashlink.

28/07/2023

The fusion of and is causing disruptions across different economic sectors, but how can African businesses, entrepreneurs, and developers benefit from this evolving technology?

Blockchain Nigeria User Group will be hosting the decentralized intelligence 2023 - a web3 & AI summit by BNUG on August 23rd and 24th 2023

02/07/2023

Nigerians spent NGN303.296 Billion ($400 million at the current exchange rate) buying and selling cryptocurrency and other digital assets in 2020.

The growing number of internet users makes it possible for mobile money.. 47 percent of Nigeria's population trades crypto as the Naira fails

02/07/2023

At the time of shutting down, there is $6m worth of assets available for withdrawal from the hot wallet.

Hotbit crypto exchange has been riddled with suspicious activities. Negative cash flow forces Hotbit to close business operations

17/06/2023

06/06/2023

Binance net withdrawal hits $3B following U.S. SEC charges.

Ethereum token has the highest volume of withdrawal, reaching $1.65 billion according to data from Nansen

Binance has been charged with offering and selling unregistered assets. Binance net withdrawal hits $3billion following U.S. SEC charges

26/05/2023

Just in ⚡️:
Formula1 tickets will now be sold as NFT tickets in the next F1 Global event.

Fans who purchased the NFT tickets will have access to the F1 race events, hospitality benefits, and future discounts for loyal F1 NFT collectors.

Formula 1 fans who purchased the NFT tickets will have access. Formula 1 Tickets to be sold as NFT Tickets in the next global event

16/05/2023

One of the benefits of sharding a network includes the ease and accessibility of running a node.

But how does it benefit the Ethereum network?

One of the benefits of sharding a network includes the ease of running a node. Advantages and disadvantages of Ethereum blockchain sharding

11/05/2023

Armed with the tagline, “The days of Dogs and Inu’s are over – it’s the time of Frogs”, meme crypto projects swarmed the market.

How sustainable are memes tokens?

The days of Dogs and Inu’s are over – it’s the time of Frogs. Memes tokens boom and burst will it triggers the crypto bull market

16/04/2023

Initially named “DarkMarket”, the marketplace rebranded itself to OpenBazaar to appeal to the public and based on community feedback

The decentralized marketplace once hailed as an alternative to eBay P2P trades. OpenBazaar's decentralized marketplace set for a relaunch

16/04/2023

The Shapella network upgrade took effect on Wednesday with fears of a potential token selloff by investors who have staked their assets and waiting to withdraw.

Bitcoin market dominance has taken a knock too due to the Ether rally. Will the altseason be triggered by Ether and Solana's price rally?

12/04/2023

The Securities and Exchange Commission in the United States sued Tron founder Justin Sun for selling and airdropping unregistered securities.

Tron token (TRX) will be delisted from the Binance.US trading platform on 18th April 2023. The cryptocurrency exchange, which is an arm of Binance, the world’s largest crypto platform by trade volume announced this on Wednesday. Binance took the decision to delist the coin after reviewing the volu...

10/04/2023

Instead of applying ZK technology to payments, CryptoGPT integrates it for private data transfers and these data can be monetized by the user, earning income and rewards as the user decides how the data is used.

CryptoGTP, is a layer-2 blockchain that uses zkRollup tech to power AI development. OpenAI-powered CyptoGPT secures $10M at $250M valuation

10/04/2023

With the United States regulators’ increased hostility towards crypto exchanges and derivatives markets, East Asian countries are easing up restrictions and creating clear guidelines for crypto companies to operate.

Focus on its 2023 mantra of ‘go beyond derivatives’ by acquiring several Web3. Bitget's $100M Fund targets Asia Web3-focused projects

08/04/2023

Developers have been warned that zkSync Era is not an Ethereum Virtual Machine (EVM) and hence the 2300 gas amount is not guaranteed to work on Ethereum.

Gemholic, an ecosystem built on the zkSync protocol raised 921 ETH. zkSync Protocol to rescue $1.7 million trapped in its smart contract

06/04/2023

Details on staff departure aren't clear as the CEO said he cannot share the full story now.

REgulatory hostilities in the U.S is growing, forcing companies to leave. Paxful shuts operation amidst regulatory threat and staff departure

06/04/2023

Binance financial services have been under review by ASIC especially the company's inability to classify retail clients from wholesale to the satisfaction of the Australian regulators.

Binance financial services have been under review by ASIC especially the company inability to classify retail clients from wholesale to the satisfaction of the Australian regulators.

03/04/2023

Following a community fallout, Arbitrum, the Ethereum layer 2 solution provider has doubled back on its governance voting system.

Arbitrum communities voted against a proposal to allocate 750M ARB to admins. Arbitrum bows to community pressure to split governance votes

01/04/2023

9,816 BTC worth $278,862 million at the current Bitcoin price was sold in March 2023.

The unsold 41,491 BTC is about to be liquidated in four batches this year.

Silk Road operated on the Tor network and was a marketplace on the dark web. 41k Bitcoin connected to Silk Road to be liquidated by U.S. Govt.

01/04/2023

The decision to shut down the U.S. operation comes at the company’s 9th anniversary. Marking a bittersweet moment for the company and its customers.

The company said customer funds are safe and they can initiate withdrawal. Bittrex Exchange to halt U.S. operations due to unclear regulations

30/03/2023

Boerse Stuttgart group subsidiary – Blocknox, will provide crypto assets custody and other digital services to institutional investors and clients such as banks, fintech as well as assets managers.

Europe's 6th largest Stock Exchange offers Crypto assets custody services to institutions such as banks, fintech, and assets managers

23/02/2023

The New York attorney is seeking the court to ban CoinEx crypto services, website, and mobile app from operating in the state.

The attorney general is seeking a ban on coinex website, apps and services. CoinEx crypto exchange sued in New York for operating illegally

22/02/2023

Immersve APIs and smart contracts allow centralized and decentralized exchanges as well as web3 wallets to integrate seamlessly into its cryptocurrency payment infrastructure.

Users have retains total control of their assets by authorizing each transaction with their private key.

Immersve APIs allow web3 wallets to integrate seamlessly for crypto payment. Mastercard and Immersve launch USDC web3 payment card

22/02/2023

During its 8 months, the storefront staff uses interactive stations to guide visitors on using the Solana blockchain, setting up a wallet, and swapping tokens across the decentralized exchange Orca.

The company projected user growth was 100,000 persons per day, unfortunately - only 75,000 users visited the store in 8 months with a few thousand onboarded.

The storefront uses interactive stations to guide visitors on how to use the network. Slow user growth forces Solana-themed store to shutdown

18/02/2023

The U.S. law requires celebrities to disclose to the public from whom and how much they are getting paid to promote security investment.

They are also required not to lie to investors when they tout security investment.

The U.S. SEC requires celebrities to disclose if a post is paid or not. Former NBA star fined $1.4 million for illegal EMAX crypto promo

17/02/2023

Platypus Finance, a decentralized finance protocol on the Avalanche network has suffered a flash loan attack leading to a loss of over $8.45 million according to PeckShield Inc, a blockchain security company.

The hacker exploited a flaw in the protocol MasterPlatypusV4 contract. Platypus Finance in $8 million hack as its stablecoin (USP) depegs

17/02/2023

Data shows that 114 countries representing 95% of the global GDP have launched a digital currency or are at the developmental stage.

China, Nigeria, and the Bahamas have launched their central bank digital currency (CBDC) while all G7 economies are at the development stage of the CBDC launch.

The bank of Japan announced its decision to run a test on the country’s central bank digital currency (CBDC) program. The bank has been conducting experiment in preparation for the April 2023 pilot program.