Month: March 2022

With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto

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The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to the increasing interest in digital assets among the country’s population, which has been facing three-digit inflation rates since the 2021 military coup.  On March 27, the Sudan News Agency (SUNA) published a short announcement from the CBOS declaring that due to high risks, which include “financial crimes, electronic piracy and the risk of losing their value,” citizens are…

DA Davidson Cuts Miner Stronghold’s Target by 40% Ahead of Earnings

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Next Earth and CodeCluster Support Metaverse Growth With CCTF Sponsorship

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The term “hacking” might conjure up images of shadowy figures typing away in darkened rooms, but the truth is that hacking can be a force for good. As part of their ongoing efforts, CodeCluster and Next Earth will be sponsoring CCTF – the largest hacker competition for crypto and blockchain hackers. This year’s event will take place in May, but players can apply until April 7th. Crypto CTF is more than just a competition – it’s also an educational event, teaching through hacking. The challenges are designed to be realistic,…

BTC Hits $48,000 as ETH Nears January High of $3,500  – Market Updates Bitcoin News

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Bitcoin briefly hit a high above $48,000 on Tuesday, as prices of the world’s largest cryptocurrency rose for an eighth straight day. ETH was also trading higher during the session, with prices nearing their highest since January 5. Bitcoin Bitcoin reached the $48,000 level today, as the world’s largest cryptocurrency climbed higher for an eighth consecutive session. On Tuesday, BTC/USD rose to an intraday high of $48,086.84, as prices rose to their highest point since New Year’s Eve. Today’s move comes as bitcoin has sustained its upward momentum since breaking…

Coinbase Set to Close Deal to Acquire 2TM, Parent Company of Latam’s Biggest Exchange, Mercado Bitcoin – Bitcoin News

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Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly close to acquiring 2TM, the unicorn company that owns Mercado Bitcoin, the biggest crypto exchange in Latin America (Latam). The exchange has reportedly been in talks to acquire the company since last year, and the deal could be closed in April according to local media, seeing Coinbase expand its operations to Brazil. Coinbase Targets Expansion With 2TM Acquisition Coinbase, one of the first cryptocurrency exchanges traded on traditional stock markets, is aiming to expand its operations to Latam through purchases.…

Build OpenSea Blockchain Web 3.0 App with Next.js | Sanity.io | thirdweb

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this tutorial, you’re gonna be building the Opensea Blockchain Web 3.0 App using Next JS, Sanity.io, thirdweb, Tailwind CSS, and Vercel 🔥 Get early access to thirdweb 👉 Get the free boosted plan with Sanity 👉 🗄️ Link to the assets: @Coder Coder How to Make a Background Image Transparent in CSS 👉 🔗 GitHub Repo: You’ll be learning about: 👉 Building a Web 3.0 Application with Next JS 👉 Styling your app using Styled Components 👉 Create and mint your…

Bitcoin Helps Market Hover Past $2 Trillion As BTC Nears $48,000

Bitcoin and other cryptocurrencies appear to be gaining traction, as the first quarter winds down. Crypto has reached the $2 trillion threshold and is proving surprisingly resilient in the face of global uncertainty. As of Tuesday, Bitcoin has totally recovered from its early-year losses. BTC fell from $47,733.40 to $35,070.10 in the first 30 days of the year and has since failed to regain ground. At Monday’s all-time high of $47,765, market leader bitcoin broke free from the confined $34,000-$44,000 bracket it had been trading in for the majority of…