Anifowoshe Ibrahim

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Stats Has written 98 posts about cryptocurrency

Aug 03 2021

NFT Marketplace OpenSea Sees Surge In Trading Volume, Processes Almost $100M in 2 Days

Aug 03 2021 Published at under tags  cryptopunks nft opensea

The market for nonfungible tokens appears to be reviving, with OpenSea already handling more volume daily than it did in the entire year of 2020. OpenSea Trading Volume Soars Over the weekend, OpenSea, a prominent marketplace for non-fungible tokens (NFTs), generated approximately $55 million in trade volume, about five times more than the entire year of 2020. Devin Finzer, the co-founder and CEO...

U.S. Lawmakers Narrow US Infrastructure Bill Requirements For Crypto Tax Reporting

Aug 03 2021 Published at under tags  bitcoin crypto tax news us lawmakers

According to reports, authorities in the United States have narrowed the scope of the proposed bipartisan infrastructure bill, which was originally designed to generate at least $28 billion in crypto tax from the country's crypto investors to cover the $500 billion they plan to spend on infrastructure development. U.S. Lawmakers Soft-pedal On Crypto Tax The Senate's bipartisan infrastructure bill has been modified to...

Aug 02 2021

Bank Of America Sees Four Upsides In El Salvador’s Bitcoin Adoption

Bank Of America has said that it sees how El Salvador's adoption of Bitcoin could help the Island country. President Bukele Agrees With Bank Of America President Nayib Bukele of El Salvador, a Central American country, tweeted yesterday screenshots of a Bank of America economic outlook report (BofA). Along with...

Pseudonymous NFT Game Developer Scammed Out Of $1M Worth Of NFTs

Aug 02 2021 Published at under tags  cryptopunk nft stazie

A rapid rise in popularity has driven up the average price of CryptoPunks NFT by 53 percent in within one week. Its price surged from $87,000 (34 ETH) on July 24 to a huge $135,000 (52 ETH) yesterday. Scammers became hungry as a result of the fervent enthusiasm in the NFT space. An NFT videogame founder, according to reports, has already been a...

Jul 30 2021

Okcoin Secures Crypto Licenses in Malta and the Netherlands

Jul 30 2021 Published at under tags  news

Okcoin has secured new financial connections and acquired licenses to expand its footprint in Europe. Okcoin Secures Licenses In Malta And Netherlands Okcoin announced on July 28 that it had received “In Principle” permission...

Jul 29 2021

AS Roma Football Club Enters $42 Million Deal With Blockchain Fintech Zytara Labs

Jul 29 2021 Published at under tags  crypto news news

AS Roma, an Italian soccer club, has inked a three-year deal with blockchain fintech Zytara Labs worth €36 million ($42 million). AS Roma Signs $42 Million Deal Zytara Labs, a blockchain firm, has signed a $42 million partnership with...

Jul 28 2021

BIT Mining Picks Kazakhstan As New Mining Base

Jul 28 2021 Published at under tags  bitcoin mining bit mining kazakhstan

BIT Mining, a cryptocurrency mining company that recently stated it will be expanding outside of China, aims to buy 2,500 Bitcoin miners for deployment in Kazakhstan. BIT Mining Goes To Kazakhstan BIT Mining announced on Wednesday that it had agreed to buy 2,500...

Coca-Cola Takes A Sip Of NFT: Partners With Tafi For Friendship Day NFT

Jul 28 2021 Published at under tags  coca-cola decentraland nft

Tafi, a Decentraland avatar creator, has teamed up with Coca-Cola to produce branded virtual wearables as non-fungible tokens (NFTs), including a ‘wearable' jacket for avatars. This is Coca-inaugural Cola's NFT collection, and it will commemorate International Friendship Day. The auction's proceeds will benefit the Special Olympics. Coca-Cola Partners With Tafi Coca-Cola has...

Could Binance CEO Zhao Step Down, Swap In New Regulatory-Friendly Face Of Crypto?

Jul 28 2021 Published at under tags  binance binance exchange crypto news

Binance's CEO and founder, Changpeng Zhao, has stated that the major cryptocurrency exchange will collaborate with local regulators as it establishes Binance regional headquarters. Changpeng “CZ” Zhao Wants To Work With Regulators The CEO of cryptocurrency exchange Binance has...

Jul 27 2021

Binance Partners With Russian Museum To Tokenize Da Vinci and Van Gogh Masterpieces

Jul 27 2021 Published at under tags  uncategorized

Van Gogh, Leonardo Da Vinci, Claude Monet, and Giorgine's world-renowned artworks will be tokenized for an auction facilitated by the Binance NFT platform. Binance Marketplace to Auction Famous Paintings of Renowned Artists Binance's NFT marketplace has...

Jul 24 2021

Canadian Border Town Suspends Crypto Mining To Ensure Town Looks Presentable

Massena, a small town in New York near the Canadian border, has temporarily halted new crypto mining operations in the area. Crypto Mining Suspended For Aesthetic Reasons Due to aesthetic concerns, Massena town officials imposed a 90-day moratorium on new Bitcoin mining activity, according to a report by the...

Jul 23 2021

EL Salvadorians Go On The Streets In Protest Against Adoption Of Bitcoin As Legal Tender

Despite a three-month restriction on protests, a group of El Salvadorians comprised of leftist unions, student organisations, and others gathered at the Legislative Assembly to denounce the country's acceptance of Bitcoin as its official currency. El Salvadorians Are Divided On Bitcoin Adoption A group of demonstrators gathered...

New Convert: Anti-Crypto Central Bank Of Nigeria Set To Launch Digital Naira

The Central Bank of Nigeria (CBN) plans to launch a digital naira pilot program later in October 2021, as part of its central bank digital currency project (CBDC). Central Bank of Nigeria To Launch Digital Naira The Central Bank of Nigeria (CBN) has been in the news for its anti-cryptocurrency actions throughout much of...

Jul 19 2021

Steamroller Rig Destroyer: Malaysian Police Crush 1,069 Bitcoin Mining Rigs

After miners allegedly siphoned off nearly $2 million worth of electricity to fuel the energy-intensive bitcoin mining rigs, Malaysian police seized and destroyed 1,069 bitcoin mining rigs by crushing them with a steamroller. Bitcoin Mining Rigs Destroyed Authorities in Malaysia destroyed Bitcoin mining equipment worth more than $1.2 million after seizing them for operating illegally. Police in the city of Miri on the...

Grayscale Eyes DeFi, Launches First DeFi Fund

Michael Sonnenshein, the CEO of digital asset management giant Grayscale, has announced a new investment vehicle aimed at decentralized financial assets (DeFi). Grayscale Eyes DeFi Grayscale, the world's largest crypto asset manager, is expanding its crypto product offering with...

Jul 13 2021

BNY Mellon Partners With Grayscale Investments Service GBTC and Its Bitcoin ETF

Jul 13 2021 Published at under tags  bny mellon gbtc grayscale news

Although the influx of institutional investors into Bitcoin has slowed, Grayscale Bitcoin Trust remains one of the most notable institutional investor. GBTC has received a new push from one of the world's most powerful banks, which intends to strengthen the former's ETF goals. Grayscale Investment Partners With BNY Mellon Grayscale Investments, a digital asset management,...

$2 Trillion Asset Manager, Capital International Group Buys 12% Of Microstrategy

With 105,084 BTC on its books, MicroStrategy is by far the largest business Bitcoin holder on the planet. More than 111,000 BTC are held by entities controlled by Michael Saylor. Capital International Group Acquires Part Of Microstrategy According to SEC filings, Capital International Group, a $2.3 trillion asset management based in Los Angeles, declared a 12.2 percent interest in bitcoin-focused MicroStrategy. Capital Group...

Jul 12 2021

Binance Slew Of Problems Continues As Clear Junction Ditch The Crypto Exchange

Following a wave of unfavorable stories surrounding Binance in recent weeks, another player has decided to disassociate itself from the exchange. One of Binance’s payment partners in Europe, Clear Junction, has suspended facilitating payments to the crypto exchange. Clear Junction Cut Binance Off In recent weeks, Binance has had to deal with a slew of regulatory problems. Following similar steps by Barclays and...

World Bank, IMF Advocate For CBDC Adoption At G20

Jul 12 2021 Published at under tags  bis cbdc imf world bank

On Friday, the International Monetary Fund (IMF) and the World Bank argued for the cross-border benefits of central bank-issued digital currencies (CBDC), claiming that projects like the United States' digital dollar would aid global development. World Bank And IMF Support CBDC Together with the Bank for International Settlements (BIS), the two global organisations...

Jul 11 2021

China Gives Out $40 Million Of Digital Yuan In Red Envelopes To Boost Adoption

Jul 11 2021 Published at under tags  cbdc china digital yuan

China, which has the world's most advanced digital currency initiative, has distributed more than $40 million in red envelopes containing digital yuan thus far. The CBDC's promotional effort is now focusing on five main cities, with regional development priorities in mind. Digital Yuan Begins Red Envelope Project The experimental implementation of the digital RMB, the central bank digital currency (CBDC) issued by the...

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