Crypto Oracle, Author at Cryptotimes Africa

News

Solana Price Prediction as SOL Bounces 4% Overnight – Is the Sell-Off Over?

by Crypto Oracle September 14, 2023

Despite ongoing concerns about FTX’s planned liquidation of over $1 billion in Solana (SOL) tokens, which amount to roughly 16% of the cryptocurrency’s overall token supply, SOL has mustered a rally of more than 3% on Thursday. Solana, the token that powers…

News

XRP Price Prediction as USD Coin Overtakes XRP in Market Capitalization – What Happens Next?

by Crypto Oracle September 14, 2023

The total market cap of USD Coin (USDC), the world’s second-largest US dollar-pegged stablecoin by market capitalization which is issued by US fintech firm Circle, overtook XRP (XRP) in market cap on Thursday. XRP is the cryptocurrency that powers the XRP Ledger,…

Article

Blockchain Technology: The Next Big Revolution

by Crypto Oracle September 13, 2023

In recent years, blockchain technology has emerged as a disruptive force with the potential to revolutionize various industries. Originally designed to underpin cryptocurrencies like Bitcoin, blockchain has evolved far beyond its humble beginnings. Today, it is recognized as a transformative technology with…

News

Coinbase To Implement Bitcoin Lightning Network For Faster Transactions Amid Growing Competition

by Crypto Oracle September 13, 2023

Coinbase CEO Brian Armstrong has announced the decision to integrate the Bitcoin (BTC) lightning network aimed at cheaper and faster transactions. The move will see the exchange join Binance, Bitstamp, Kraken, and OKX in implementing the solution as the competition for the…

News

Pantera Capital to Increase VC Reach to Mid-Stage Crypto Firms

by Crypto Oracle September 13, 2023

Digital assets investment giant Pantera Capital is increasing its venture capital (VC) reach to mid-stage crypto-centric companies, at a time when investors are interested in artificial intelligence (AI), particularly after the crypto market rout. The plan is “probably the bigger change in our strategy,”…

News

Luno Exchange to Temporarily Halt Certain UK Client Investments Due to Upcoming FCA Regulations

by Crypto Oracle September 12, 2023

Luno, a crypto exchange owned by Barry Silbert’s Digital Currency Group (DCG), plans to stop certain UK clients from trading crypto due to regulatory changes that are coming into effect. The new regulations, introduced by the UK’s Financial Conduct Authority (FCA) and expected to…

News NFT

Animoca Brands Secures $20M Funding to Drive Ambitious Mocaverse Metaverse Project – NFT’s Making a Comeback?

by Crypto Oracle September 12, 2023

Animoca Brands, a metaverse and gaming venture capital firm, has raised $20 million to expand its Web3 identity project Mocaverse. According to the press release, the funding round was led by blockchain- and Web3-focused venture capital company CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (Sky Mavis founder),…

Industry News

Former PayPal President Davis Marcus Says People Won’t Use BTC to “Buy Things” – Here’s What You Need to Know

by Crypto Oracle September 12, 2023

David Marcus, former PayPal President and present CEO of the Lightning Network infrastructure company Lightspark, says his firm is aiming to transform Bitcoin (BTC) into a global payment network. In a recent interview on CNBC's Squawk Box, Marcus pointed out that while connecting with people is…

News

Apple secures rights to book on Sam Bankman-Fried for $5M: Report

by Crypto Oracle September 10, 2023

“Big Short” author Michael Lewis’ book on the former FTX CEO is scheduled to be released on Oct. 3, the day SBF’s criminal trial in New York begins. Multinational technology company Apple has reportedly paid $5 million for the rights to author…

News

‘Infamous Chisel’ malware threat flagged by global security agencies

by Crypto Oracle September 10, 2023

A coalition of security agencies from Canada, Australia, New Zealand, the United States, and the United Kingdom has raised alarm over a new malware targeting digital currency exchanges and their wallets. Per a joint security report, the malware targets only Android devices, stealing…