Author: CryptoHoppers

The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purchase exchange rate. The Nigerian apex bank disclosed that it […] Source link

Cryptocurrency miners in Texas are shifting their focus to AI operations as they seek to cushion themselves from the volatility in the crypto business. As crypto mining becomes unpredictable, supporting AI companies has emerged as a more lucrative alternative. Also read: Bitforex resumes withdrawals for users After 5-month hiatus This comes as AI has also been touted as a potential game-changer due to its transformative abilities across various sectors. Although a shift to AI may be a solution for the crypto miners, their operations still pose challenges to the surrounding communities. Texas crypto miners to leverage their existing infrastructure According…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu tokens fluctuated, notably SHIB down 6.77%. Traders flock to Shiba Shootout presale, which has raised over $700K. Shiba Inu tokens have fluctuated over the past 24 hours – especially Shiba Inu, which is down 6.77%. However, traders are turning to the Shiba Shootout (SHIBASHOOT) presale, which has raised over $700K. The new Shiba Inu flavor is a Play-to-Earn (P2E) memecoin centered around a Wild Western theme. At the heart of the ecosystem is a memetic showdown to…

Key Takeaways DC and Candy Digital launch “Catwoman: The Legacy Cowl” at SDCC 2024, continuing the blockchain-based comic series. The new comic features a fan-created villain and will be available both physically at SDCC and digitally on Candy Digital’s platform. Share this article DC and Candy Digital are set to release “Catwoman: The Legacy Cowl” at San Diego Comic-Con (SDCC) 2024, continuing the blockchain-based Batman: The Legacy Cowl series. The physical-digital comic, launching July 25th, pits Catwoman against a new DC Super-Villain created with fan input.Written by Cavan Scott with cover art by Jonboy Meyers and interior art by Fico…

JPMorgan’s CEO has reportedly changed his tune on BTC. The crypto market community was divided on Dimon’s reported change in BTC stance.  JPMorgan’s CEO Jamie Dimon, a long-time Bitcoin [BTC] critic, has emerged as one of Donald Trump’s potential candidates for the U.S. Treasury. In a recent Bloomberg interview with Trump, the former president complimented Dimon and started,  “Jamie Dimon was, you know, very negative, and now all of a sudden he’s changed his tune a little bit.” The report added that the former president would reconsider Dimon for the secretary of Treasury.  However, the JPMorgan chief and chairman have…

Coinbase’s layer 2 blockchain, Base, has witnessed a record-breaking hike in terms of total value locked (TVL) by investors in anticipation of its smart wallet. For the past three months, Base has been experiencing exceptional growth, leaving its competition, Arbitrum and Optimism, way behind. During that time frame, the TVL about Base witnessed an awe-inspiring leap of 464%, increasing from $1.3 billion to $7.1 billion. In the case of Arbitrum’s TVL, the figure saw a 13% rise, with Optimism going south by 12%. Following the execution of EIP-4844 earlier this year, which was responsible for bringing in proto-dank sharding, along…

Key Takeaways The fundraiser offers a photo op with Trump for $60,000. The exclusive reception will be limited to 100-150 donors. Share this article The former president is hosting a private fundraiser for the Bitcoin Conference 2024 in Nashville, with donor packages that might make even the most bullish crypto traders raise an eyebrow.According to a report from Bloomberg, the former president’s campaign is offering various donor packages, including $60,000 — or roughly the price one Bitcoin — for a photo op.A round table seat is priced at $844,600 and represents the maximum allowable combined contribution to Trump’s campaign and…

Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK and Australia, now offers its custody solution to both existing and new clients in these countries, emphasizing security and client […] Source link

Telegram-based TON unveiled new infrastructure to tap into Bitcoin’s blockchain and expand BTC’s utility.  Dubbed TON Teleport BTC, The Open Network (TON) Foundation announced the feature bridges Bitcoin (BTC) and unlocks greater operability for decentralized applications built on the Telegram-focused chain. Although decentralized, most blockchains weren’t initially designed to communicate with each other. This phenomenon alienated standalone networks and created a divide with assets. Networks like Ethereum (ETH) attempted to mitigate this issue by developing what is called the Ethereum Virtual Machine (EVM). This environment allowed anyone to build ETH-compatible tools and connect with Ethereum’s mainnet. Bridges are another solution…

Key Takeaways Most Ethereum ETFs have updated S-1 forms with revised fees, preparing for a July 23 launch. Grayscale’s ETHE charges a 2.5% fee, significantly higher than competitors offering waiver fees. Share this article All spot Ethereum exchange-traded funds (ETF) got their S-1 forms amended with updated fees, except Proshares, as reported by Bloomberg ETF analyst James Seyffart. This is the last step before the Ethereum ETFs potentially start trading next Tuesday, July 23rd, as predicted by James’ fellow analyst Eric Balchunas.Image: James Seyffart/Bloomberg TerminalNotably, Balchunas and Seyffart doubled down on X after the updated S-1 forms were filed that…