Thursday, December 9

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Latest News

Collapsed Lagos Building: NEMA says it has established contacts with some victims

The National Emergency Management Agency (NEMA) revealed that it has established contacts with a number of victims who are currently trapped under the rubble of the 21-storey building that collapsed in on Gerard Road, Ikoyi. This was revealed by Mr Ibrahim Farinloye, NEMA Coordinator, South West, at a press briefing at the scene of the incident. He stated that some people trapped under the rubble have established communications with their relatives. What they are saying “Some of them gathered around the muster point in the building when it collapsed. “Rescue operations have intensified, but with caution, to ensure that victims who are still alive would come out unhurt,” he said. In case you missed it Nairametrics reported earlier that a 21-storey building, still under con...
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Edward Snowden Urges Shiba Inu (SHIB) Investors to be Cautious

The infamous whistleblower Edward Snowden opined somewhat negatively on Shiba Inu and its ability to bring fortune to its holders. According to him, the meme coin is nothing more than a “clone of dog money” that can turn to be a highly dangerous investment strategy. Do Not Mortgage The Farm to Buy SHIB In a recent tweet, the former National Security Agency consultant – Edward Snowden – became the next in line to comment on the current craze in regards to Shiba Inu (SHIB). Even though the self-proclaimed Dogecoin killer has registered consecutive all-time highs lately and has grabbed public attention, the American does not believe it is a wise investment. i say this with love: if you got talked into exchanging your hard-earned savings for some new dog money because a m...
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Australian Securities Regulator ASIC released its requirements for cryptocurrency ETPs and ETFs

The Australian Securities and Investments Commission (ASIC) has issued its response to repeated inquiries about Cryptocurrency-based Exchange-Traded Products (ETPs). This Friday, the Australian regulatory institution ASIC public a set of regulatory requirements for funds seeking to offer cryptocurrency ETPs and ETFs. According to the official published guide, the ASIC has given the green light to ETPs and ETFs based on cryptocurrencies such as Bitcoin and Ethereum. And he expects more cryptocurrency-linked digital assets to become a foundation for ETPs and ETFs in the future. "In October 2021, it seems likely that Bitcoin and Ethereum will satisfy the five factors identified above to determine the appropriate underlying assets for an ETP and ETF." It publi...
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Now you can buy dash with bolivars on Binance P2P

Key facts: Dash became the eighth Binance P2P coin to exchange for bolivars in Venezuela. Each dash is worth $ 188, which is equivalent to 0.003 bitcoin. This article contains referral links. Know more. Binance agregó a su sistema peer-to-peer (P2P) the possibility of exchanging bolivars for the dash cryptocurrency and vice versa. This new function is possible both within Venezuela and anywhere in the world. This cryptocurrency is not new to the platform. Binance it already provided access to dash prior to this release. But until before Monday, November 1, it did not allow to acquire it directly in its P2P system with bolivars in Venezuela. To obtain it, it was necessary to buy bitcoin first, ...
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Mexican fintech was fined USD 500,000 for offering to buy and sell bitcoin

The fintech Albo was fined 9 million Mexican pesos (USD 500,000) by the National Banking and Securities Commission (CNBV) of Mexico, for providing services for the sale of bitcoin and cryptocurrencies through its platform. The action against the company is because does not have the approval of the CNBV to operate with cryptocurrencies, reason for which it was sanctioned, according Forbes magazine. A statement from the regulatory body is expected regarding the sanction against the company. Apparently Albo allowed its users to buy cryptocurrencies for several months, but last October it removed the option from its website. The company founded in 2016 allows its users - through a debit card and an application - to receive and transfer funds. Up to now have not declar...
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Squid Game-inspired crypto project disappears, leaving more than $ 2 million loss

The project inspired by the Netflix series "The Squid Game" completely disappeared from the networks, leaving many with a large number of unknowns, as well as a large group of users without liquidity. This is due to the fact that the cryptocurrency of the project (SQUID) plummeted 99.99% after registering an ATH at $ 2,856.64 early today. According to the data we found after the investigation, we noticed that in the Telegram group of Squid Game a release, where they pointed out that they were trying to be hacked days ago. Exactly his words were: Someone is trying to hack our project these days. Not just the @GoGoSquidGame Twitter account, but also our smart contract. We are trying to protect it, but the price is still abnormal. Squid Game Dev does not wa...
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Polkadot (DOT) Soars 15% to New All-time High In Anticipation for Parachain Auctions

Heterogeneous multichain blockchain network Polkadot revealed the successful passage of a proposal to enable registration and crowd loans for developers. The network’s native token – DOT – is recording a new all-time high surpassing the $50 mark in response to the news. Polkadot Council Approves Proposal The Polkadot team announced the news via the official Twitter handle on Monday (November 1, 2021). According to details shared on the Polkassembly platform, a network upgrade proposal that would allow developers to register parachains and seek crowdloan funding for projects successfully passed the Polkadot Council. The latest development comes less than a month after Polkadot announced that its parachains are ready to launch, with November 11, 2021, set as the date for ...
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Bitcoin in Spanish speaking: regulation in several countries and possible scam in Cuba

Bitcoin in Spanish speaking is a weekly newsletter from CriptoNoticias in which we review the most important news related to bitcoin, cryptocurrencies and blockchains in the Hispanic world. There was a lot of movement in the market last week, after bitcoin (BTC) set a new all-time high in price. And among the Spanish-speaking countries, interesting news was generated, such as El Salvador accumulating more BTC for its reserves. There were also negative issues, such as the potential Trust Investing scheme scam in Cuba, which we investigated at CriptoNoticias as a result of various complaints from the allegedly affected. To learn more about bitcoin and cryptocurrencies in Spanish-speaking countries, here is our weekly newsletter with the most outstanding news of these d...
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How Chinese companies prevent the government from banning NFTs

Chinese tech companies Ant Group, Tencent, and JD.com signed an alliance to equally regulate their non-fungible tokens (NFTs), along with government organizations. The agreement took place on Sunday, October 31 at the first Self-Discipline Convention of the Creative and Digital Cultural Industry of China. This convention was born in order to promote original digital art works through blockchains, according reported the Chinese financial news agency Sina. The goal is to maintain the integrity of works in non-fungible tokens, which cannot be replicated, thus protecting copyright. As a first step, the convention established parameters to self-regulate the growing NFT industry.. This initiative seems to respond to the pressure that companies located in China have been und...
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99% of Brazilians get a basic question about Bitcoin wrong

A basic survey about Bitcoin was answered by some Brazilians, but it turned out to be wrong by most of the participants. The material was produced by CryptoLiterary.org, an institution that promises to follow the development of Bitcoin around the world, helping with education initiatives, with support from Coindesk, Coinme, Pantera Capital and Digital Currency Group. One of the resources to measure people's knowledge on the subject is a questionnaire, with 98% of participants around the world missing basic questions. Brazilians were even worse. Basic research on Bitcoin has Brazilians as highlights What is the Bitcoin limit? How to perform a Bitcoin transaction between people? These and a few more questions are still nebulous for many people around the world. In Brazil, however, this...