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September 2022

U.K. Chooses Pro Crypto Liz Truss As PM, Is This Good For Bitcoin?

The United Kingdom has been hostile territory for crypto and digital assets, but its new head of government might lead the country in an opposite direction. Elizabeth “Liz” Truss, from the Conservative Party or “Tories”, has been chosen to replace the former Prime Minister Boris Johnson. In January 2018, when the price of Bitcoin and […]

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Higher-than-expected Jobs Report Not Enough To Push Stocks, Cryptos Green

Improving economic reports do not mean much to this market Bitcoin and ether did not show a bounce back after positive economic data Traders are starting to doubt what the Fed might decide later this month Equities and cryptos faltered Friday as traders tried to parse the US economy’s latest turn and what to expect

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Binance Partners With Nigeria To Build Digital Economic Zone

Binance is partnering with Nigeria to build an Export Processing Zone Authority (NEPZA). The aim is to create a digital economic area similar to Dubai. The report stated that the Nigerian authorities intend to build a zone that will be similar to Dubai’s virtual free zone. The space upon completion will be the first in the West African region. NEPZA’s

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Huawei spin-off Honor to launch first foldable phone abroad as Chinese firm takes on Apple, Samsung

KEY POINTS Honor, the smart devices company spun off from embattled Chinese tech giant Huawei, plans to launch a foldable phone in overseas markets. Honor faces an uphill battle outside of China where it has less than a 1% smartphone market share and will come up against giants including Apple and Samsung. The brand was

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Beer, gambling and crypto: Budweiser races into Zed Run’s NFT games

The two will launch a Budweiser-themed race track, Budweiser NFT passes, racing prize pools starting at $45,000, and three tiers of airdropped Clydesdale NFT skins that are usable in Zed Run. Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy tokenized Clydesdale draft horses in its virtual NFT-based horse racing and wagering

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FIFA to Launch NFT Platform for Soccer Fans

The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops NFT Platform in Partnership With Blockchain Firm Algorand The International Federation of

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EU economics chief says bloc is not afraid of Putin, ready to react over halted Russian gas supplies

KEY POINTS The European Union is “ready to react” to Russia’s latest decision to halt gas supplies to the bloc, a top EU official has told CNBC. Russia’s state-owned energy giant Gazprom announced on Friday that it would halt gas supplies to Europe via the Nord Stream 1 pipeline. It cited the need for additional

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Binance identifies KyberSwap hack suspects, involves law enforcement

Based on an independent investigation, Binance’s security team identified two suspects that may be responsible for orchestrating the virtual heist of $265,000 on KyberSwap. Helping investigate a $265,000 hack on decentralized crypto exchange KyberSwap, crypto exchange Binance narrowed down two suspects that seem responsible for the attack. On Sept. 1, Kyber Network succumbed to a frontend

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