Shibarium Achieves 1M Wallets in Rapid Expansion
Since the tumultuous introduction of its layer-2 network, the value of SHIB has decreased by more than 20%, despite the fact that the Shibarium network has experienced a significant increase in activity. The number of wallets on the Shibarium network, since its relaunch, a layer-2 blockchain created by Shiba Inu, has increased dramatically, eclipsing 1 […]
ConsenSys Report: 99% of Nigerians Are Crypto-Aware
A survey with participants from all seven continents indicates that Nigeria has the most crypto-savvy population worldwide. The largest economy in Africa, Nigeria, has the most cryptocurrency-savvy population in the world, according to a global survey with participants from 15 countries. ConsenSys and YouGov have released the results of their global Web3 perception survey, which […]
JPMorgan Asserts SEC’s Inevitable Approval of Spot Bitcoin ETF
The United States Securities and Exchange Commission (SEC) has additionally stated that the recent postponement by the SEC suggests a higher likelihood of granting approval for multiple simultaneous spot Bitcoin ETFs. Following Grayscale’s recent victory over the US Securities and Exchange Commission (SEC), prominent financial institutions and individuals increasingly believe that approving a spot Bitcoin […]
BIS Issues Warning on Financial Risks From Crypto Investments
The Bank for International Settlements (BIS) has issued a warning to Central Banks regarding crypto-related financial ecosystem risks. In a recent paper, the Bank for International Settlement (BIS) warned emerging economies of the potential financial hazards of crypto-related investments. Concerns have been raised by the international financial institution regarding the ability of these emerging economies […]
Oman Launches its Own Crypto Mining And Data Center
The Middle Eastern nation of Oman has expanded its crypto footprint by establishing its own crypto mining operation and data center. The Oman Daily Observer reported a data hosting and cryptocurrency mining facility worth approximately $350 million was inaugurated in the Salalah Free Zone of Oman. As a special economic zone, this area is renowned […]