FG, Cement manufacturers agree on N7,000 to N8,000 for 50kg per bag
The Federal Government of Nigeria and Cement Manufacturers have agreed on a N7,000 to N8,000 per 50 kg bag of cement to halt the astronomical rise in the price of the product. The price hike is linked to the astronomical inflation rate biting hard in the country and partly due to the Federal Government’s decision to now build concrete roads in place of asphalt.
Social media users have claimed a helicopter crash that killed the chief executive of Nigeria’s biggest bank was orchestrated by President Joe Biden. Aviation experts told news outlets that weather conditions could have caused the crash. Report by Politifact.
Due to Coinbase Commerce no longer accepting payments from self-custody #bitcoin wallets or other applications, bitcoin users are moving away from Coinbase Commerce in favor of #BtcpayServer.
Due to Coinbase Commerce no longer accepting payments from self-custody #bitcoin wallets or other applications, bitcoin users are moving away from Coinbase Commerce in favor of #BtcpayServer
Coinbase donates $3.6 million to support Bitcoin developer funding through Brink.In June 2023, Brink raised $5 million from Jack Dorsey’s Smart Small funding initiative to support independent Bitcoin developers through grants. In January 2024, investment firm VanEck pledged 5% of its spot bitcoin ETF profits to Brink.
Trump has signed a naming agreement with a company that sells Trump sneakers and perfume. He will soon be promoting these sneakers at "SneakerCon" in Philadelphia this afternoon.
The controversy over special counsel Robert Hur’s characterization of President Biden’s memory has obscured a truth – that Biden knowingly kept classified materials at home for years and failed to turn them in.
Coinbase's Grant Rabenn and Circle's Caroline Hill hava made a strong appeal to Congress, urging the Treasury Department to take action against Tether and its banking partner, Cantor Fitzgerald.
Tether (USDT) is navigating through regulatory turbulence. JPMorgan's latest report points out that, despite Tether’s headquarters not being based in the U.S., US regulators can exert influence over its offshore usage through the Office of Foreign Assets Control (OFAC).
Anthropic has announced that its AI chatbot, Claude, will be off-limits to political candidates to prevent misuse during election campaigns. The policy aims to stop the use of Claude for impersonation or targeted political campaigning. Violations of this policy will result in warnings and may eventually lead to suspension of service access. Additionally, Anthropic is partnering with TurboVote to provide reliable voting information to support voters in getting accurate information.
🔍 Crypto Insight: Arkham Intelligence reveals that 98% of MicroStrategy's massive 190,000 BTC holdings have been tracked, with a significant portion, approximately 107,000 BTC, managed by Fidelity. 🏦💼 An additional 79,000 BTC are in segregated custody, including with Coinbase Prime. Valued at around $9.7 billion, MicroStrategy's aggressive Bitcoin acquisition strategy since August 2020 showcases their commitment to the digital asset.
#Just in: VanEck has agreed to a $1.75 million settlement with the SEC over charges of nondisclosure during the launch of its Social Sentiment ETF. The fine stems from failing to disclose the involvement of a social media influencer.
NWC is an open protocol designed to simplify in-app Bitcoin payment processes , ensuring a seamless user experience while maintaining financial autonomy . Whether you’re a developer 👩💻 or a user 🙋♂️, NWC makes connections easy and payments frictionless 💨.
Adedeji Owonibi, co-founder of A&D Forensics, is advocating for stricter cryptocurrency regulations in Nigeria to prevent financial crimes. He warns that the absence of regulation enables illicit activities, including money laundering and terrorism financing. Owonibi urges the Nigerian government to fully regulate crypto-assets and establish laws to combat financial crimes. Despite the Central Bank of Nigeria lifting the ban on crypto transactions, Owonibi cautions that banks could still be used
The Sui Foundation is collaborating with the American University of Sharjah to establish a blockchain academy, aiming to raise awareness about blockchain technology among students. The initiative is part of Sharjah's goal to become a hub for blockchain research and education.
🌍🔍 Russia ascends to become the world's second-largest Bitcoin mining superpower, trailing only the USA! 🇷🇺This development follows a series of strategic investments aimed at bolstering Russia's presence in the cryptocurrency sector. A notable project that has catapulted Russia into the mining spotlight is the completion of a massive 120-megawatt (MW) data center in Ethiopia by the Russian supplier BitCluster.
Charles Hoskinson, Cardano's founder, spoke about the platform's significant growth despite skepticism and initial "ghost chain" labels. He credits the community's effort and impressive total value locked (TVL) to Cardano's success. Hoskinson also refuted criticisms, highlighting Cardano's unique approach to scalability, governance, and innovation, with advancements like recursion and rollups expected to make Cardano a leader in zero-knowledge proofs.
Hawaiian Airlines introduces complimentary inflight Wi-Fi with SpaceX's Starlink, becoming the first major U.S. airline to offer this satellite-based service. 🛰️
Major Security Incident Impacts Binance-Listed Gaming Altcoin
PlayDapp, a prominent blockchain gaming platform, suffered a significant security breach where an unidentified attacker mined 200 million PLA altcoins, valued at around $31 million. The attack led to immediate market turmoil, causing a 10.87% drop in the value of PLA, with the altcoin trading at $0.1618 at the time of reporting. In response, PlayDapp moved all PLA assets to a new secure wallet. The incident highlights the need for
New York Attorney General Letitia James has upped the ante in her lawsuit against crypto firms Gemini Trust and Digital Currency Group (DCG), aiming for $3 billion in damages. Initially valued at $1.1 billion, the lawsuit claims that Gemini and DCG misled investors about the ease of withdrawing funds from Gemini Earn and the stability of Genesis Capital. With the number of affected investors swelling to 230,000, James is pushing for stricter regulations for cryptocurrencies. Simultaneously, Gen
Donald Trump secures significant oil and gas industry support for the GOP nomination, surpassing Nikki Haley and Biden in donations. While finance and tech sectors favor Haley, Trump's stance against a Federal Reserve digital currency intrigues the crypto community.
On 2 February 2024, the EU’s Artificial Intelligence Act was unanimously approved by the Council of EU Ministers. The next steps in the process involve approval by the European Parliament, with two parliamentary committees set to vote on February 13. The full European Parliament plenary vote is anticipated in April. Upon adoption, the AI Act will enter into force 20 days after its publication in the Official Journal, with different application dates implemented for prohibited AI systems, high-ri
Chinese Bitcoin miners, pushed from their homeland, are finding a new frontier in Africa, especially Ethiopia, drawn by cheap electricity rates. The Grand Ethiopian Renaissance Dam is central to this shift, offering a mix of low-cost energy and a government open to mining. But with nearly half of Ethiopia's population living without electricity, the move raises questions about balancing industry growth with local energy needs. This scenario echoes the rise and fall of Bitcoin mining in Kazakhsta
MicroStrategy, the leading corporate investor in Bitcoin, appears to be positioning itself to rival the newly introduced Bitcoin ETFs. During a recent webinar, co-founder Michael Saylor announced the company's shift towards a strategy focused on Bitcoin development.
Cryptocurrency trading remains very active in mainland China. According to reports, Binance’s cryptocurrency trading volume in China reached $90 billion in just one month last year, making the country the largest market for the world’s largest exchange.
Deletion and editing notes are now available on @npub1pu3vqm4vzqpxsnhuc684dp2qaq6z69sf65yte4p39spcucv5lzmqswtfch @rabble . This is not just a feature, it involves intention.While tech can't erase content from the decentralized web, expressing a change of heart matters. Nostr supports deletions as retractions, emphasizing communication over permanence. Let's foster a more humane internet.
COPA, backed by Jack Dorsey, challenges Craig Wright's claim of being #Bitcoin's creator, Satoshi Nakamoto. 🛑 Lawyers call Wright's narrative "a brazen lie" supported by "forgery on an industrial scale." The alliance is determined to debunk Wright's assertions in court, emphasizing the need for proof in the ongoing legal battle over Bitcoin's origins.
🚀 #MicroStrategy Hits New Milestone with $8.1B in #Bitcoin Holdings! 📈
In a record move, the company added 850 BTC in January, pushing its total to 190,000 BTC. At the same time, MicroStrategy posted a net income of $89.1M, showcasing significant financial improvement.🌐 MicroStrategy has continued to assert its position as the largest publicly traded holder of Bitcoin.
Bitcoin Spot ETFs provide investors with more exposure to Bitcoin and can allow investors to gain cryptocurrency exposure without having to buy Bitcoin assets. Bitcoin Spot ETFs hold actual bitcoins, not derivatives tied to the price of bitcoin, which means that the price of a Bitcoin Spot ETF fluctuates in line with changes in the price of bitcoin on the cryptocurrency market.
BinanceUpdate: Binance is set to delist ANT, MULTI, VAI, and XMR tokens on Feb 20, 2024. Trading, deposits, and withdrawals will be affected. This move comes after a thorough review process focusing on criteria like project commitment & network stability. Users are advised to manage their assets accordingly before the May 20 withdrawal deadline.
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