Axelar Launches $60M Startup Ecosystem Program
The Axelar program aims to accelerate the development of decentralized applications and protocols to replace centralized exchanges. A $60 million startup funding initiative for the proof-of-stake (PoS) blockchain Axelar was introduced on December 19 with the goal of speeding the creation of decentralized applications and protocols that can take the place of centralized exchanges. The […]
Ethereum bulls transfer 22,982 ETH after 4 years
About 23, 000 (13,103.99 and 9,878) worth of Ethereum were transferred from two accounts that have been inactive for over 4 years from crypto trading platforms Genesis and Poloniex. Investors in cryptocurrencies often remain with Bitcoin and Ethereum to avoid temporary losses during bear markets. As a consequence, the community is intrigued by the big […]
OneCoin scam co-founder faces 60 years jail
After pleading guilty to the $4B OneCoin scam, the co-founder of the fraudulent scheme face a 60-year jail term and is set to be sentenced in April 2023. The co-founder of the multi-billion dollar fraudulent cryptocurrency scam OneCoin, Karl Sebastian Greenwood, has admitted guilt to many counts filed by the US Department of Justice (DOJ) […]
Nigeria to pass bill recognizing Bitcoin, cryptos
According to the chairman of the House of Representatives Committee on Capital Markets, Babangida Ibrahim, a bill recognizing the use of Bitcoin and other cryptos will allegedly soon be passed by the Nigerian government. According to the article, the local Securities and Exchange Commission would be able to “recognize bitcoin and other digital monies as […]