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Paul Tudor Jones: “5% of My Assets Will Be in Bitcoin”

American billionaire hedge fund manager, Paul Tudor Jones has revealed that he would like to invest at least 5% of his wealth into bitcoin as he considers it an ideal portfolio diversifier. During an interview with CNBC today, the billionaire investor said “bitcoin is math and math has been with us for many decades now, …

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Ex-Goldman Billionaire Mike Novogratz Throws Jab At Cardano, Describes ADA’s Community As A ‘Weird Cult’

Ex-Goldman Billionaire Mike Novogratz Throws Jab At Cardano, Describes ADA's Community As A ‘Weird Cult’

Despite Cardano’s recent explosive growth, Galaxy Digital founder and CEO Mike Novogratz, a billionaire investor active in the crypto-asset space, showed his disapproval of the cryptocurrency. Novogratz argued that while Cardano (ADA) could very well survive indefinitely, its community is fundamentally a “weird cult”. Speaking to Yahoo Finance recently, the Goldman Sachs alum said he […]

Bware Labs Launches MVP of High Performance Decentralized Node Network

Bware Labs Launches MVP of High Performance Decentralized Node Network 3

Bucharest, Romania, 14th June, 2021, Bware Labs, a startup developing a decentralized API platform that aligns incentives between end users and node providers, has released the MVP, or functional prototype, of their platform to the public. Users can now set up a dedicated node endpoint with just four clicks, obtaining access to blockchain data through […]

Shoot to score and win like a pro in Book of Champions slot!

Soccer is the most popular team sport in the world. This spectacular game has created some of the biggest legends and superstars in sporting history and Book of Champions slot is about to make one of YOU! Ready to take a shot at glory? It’s time to strap your boots on tight and take it…

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Nvidia’s CEO Talks Crypto, NFTs, and The Metaverse

Blockchain Games

Jensen Huang, Nvidia CEO, talked about the future of the metaverse in a briefing with press members during Computex, including his views on NFTs and crypto. The idea of the Metaverse has been part of popular culture for decades ever since American science-fiction author Neal Stephenson used it in “Snow Crash”. As seen in movies […]

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Tanzanian President tells Central Bank to Prepare For Crypto

President Samia Suluhu warned that the Bank of Tanzania risked being caught unprepared if there was to be globally increased adoption in the use of digital assets.

The president of Tanzania, Samia Suluhu Hassan, has asked the country’s central bank to prepare for the likely adoption of cryptocurrencies and blockchain technology.

Hassan was speaking at a Bank of Tanzania function, where she commented on the increased use of digital assets in finance across the globe.

“My call to the Central Bank is that you should start working on that development. The Central Bank should be ready for the changes and not be caught unprepared,” she said.

The Tanzanian president’s advice to the central bank comes days after a historical move by the El Salvadorian parliament. The Central American nation is the first in the world to make Bitcoin legal tender, with the country’s president Nayib Bukele promising to give Bitcoin miners access to clean and renewable geothermal power for mining.

Although the East African region has yet to see any major moves by lawmakers towards greater crypto adoption, recent developments suggest increased recognition of the significant role crypto and blockchain can have on the region’s financial sector.

In 2019, a task force report recommended that Kenya formulates a framework for the acceptance and use of cryptocurrencies owing to the growing trend across the globe.

In late May 2021, a report in the East African newspaper highlighted that Kenya, Uganda, and Tanzania could “explore potential of a Central Bank Digital Currency (CBDC) for their shared payment system.” This route was also being considered for the East Africa Community’s proposal for a single currency.

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Taproot Upgrade: Bitcoin Price Surges Past $39k

The proposed taproot update which has been approved by miners on the Bitcoin blockchain caused a bullish surge in the price of Bitcoin as we move into a new week. The price of Bitcoin stands at $39,272 at the time of writing this report. Over 99% of the miners voted in favor of the Taproot …

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