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News

LIST | The Nigerian Naira Will Be the Most Affected Currency in Africa in 2023 as It Devalues

by Crypto Oracle February 18, 2024

Nigeria's Naira was the third worst-performing currency in the world in 2023, according to a Bloomberg report. The Naira's poor performance is shared by the Lebanese pound and the Argentine peso among the 151 currencies that Bloomberg monitors. Three days remained in…

Coins

Kenyan cryptocurrency NuruCoin shuts down after losing billions of dollars in investments

by Crypto Oracle February 18, 2024

A Kenyan cryptocurrency called NuruCoin, which gained a lot of traction in the first part of 2018, has reportedly shut down after raising KES 2.7 billion, or roughly $27 million, from investors. A local daily claims that NuruCoin used a multi-level marketing…

News

AIRDROP | Starting on February 20, 2024, Starknet Users and Contributors Will Receive $STRK Airdrops

by Crypto Oracle February 17, 2024

The Starknet Foundation has disclosed how it plans to distribute STRK ($STRK), the native token, to the nearly 1.3 million wallets that satisfy the requirements for rewards. Early adopters of ecosystem decentralized applications (dApps), network contributors, and EIP developers are among those…

News

Users of GoDaddy Web2 Domains (DNS) Can Now Link Their Names to Ethereum Name Service (ENS)

by Crypto Oracle February 17, 2024

GoDaddy, a domain registrar, and Ethereum Name Service (ENS) have partnered to allow users to link their domain names to ENS. The aim is to establish a connection between the blockchain-based names provided by ENS and the DNS protocol used by traditional…

Article

Zimbabwe Considering Backing Currency with Gold to End Exchange Rate Instability

by 'Femi Michael February 15, 2024

The Zimbabwean dollar has experienced a significant depreciation, declining nearly 50% against the US dollar since the beginning of the year [2024]. This follows a staggering 90% drop in value in 2023, solidifying its position as the worst-performing currency globally over this…

Article Feature

How Bitcoin’s (BTC) Price Rally Affects Crypto Investors in Key Regional Economies

by 'Femi Michael February 15, 2024

Bitcoin's price reached one million ZAR on South African exchange VALR, 6% below its all-time high of $1,057,029 in 2021. The price of Bitcoin on crypto exchange bitFlyer skyrocketed to an all-time high of 7.9 million yen in the past 24 hours.…

Coins

Coinbase Is on the Verge of Surprising Wall Street With a Return to Profitability

by 'Femi Michael February 15, 2024

Digital-asset exchange benefited from Bitcoin’s resurgenceAnalysts want to see whether US retail customers came back Coinbase Global Inc. may surprise Wall Street by turning profitable for the first time in two years, bolstered by Bitcoin’s recent resurgence and cost cuts made during the…

Article

Africa Regulated Cryptos as SPONGE Token Gains Traction

by 'Femi Michael February 15, 2024

Africa is warming up to regulated crypto, with Sponge’s compliance-focused relaunch attracting attention. In the wake of crypto’s legal victories and the subsequent surge in trading volume, Africa’s growing inclination towards globally regulated cryptocurrencies is becoming more apparent, with Kenya, Nigeria and South…

News

Worldcoin Foundation announces grant winners

by 'Femi Michael February 13, 2024

The Worldcoin Foundation has announced the winners of its grant program designed to improve Worldcoin, a project that aims to enroll the world into its digital identity service by scanning people’s irises in exchange for cryptocurrency. The first Worldcoin Community Grants Program,…

Coins

Importance of Coins

by 'Femi Michael February 4, 2024

What is the oldest thing you own? Maybe it’s a family heirloom, a vintage clothing item, or a rare book. But what if you had something that was thousands of years old? Something that witnessed the rise and fall of…