Tanzania Central Bank Heeding Call to Prepare for Crypto, Economists Express Reservations

While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s call to prepare for cryptocurrencies, some economists insist Tanzania lacks the resources needed for it to adopt such digital currencies. Economists: Tanzania an Unsuitable Candidate In their views, published by the Citizen following the BOT’s latest update,…

Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’

The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may proceed on national interest” considerations. The ruling clears a crucial legal hurdle for CBN’s yet to be rolled out digital currency. CBN’s Alleged Trademark Infringement…

Bitwage Raises $1.5 Million in Latest Funding Round

Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online investments. Bitwage will use these funds to extend its functionalities, now that it is facing competition from…

Esports Organization TSM FTX Partners With Solana and Serum-Powered NFT Game Aurory

On October 1, the global esports firm TSM FTX announced the launch of the organization’s first-ever non-fungible token (NFT) collection in partnership with the Solana blockchain-based NFT game Aurory. TSM FTX Collaborates With Solana and Serum-Powered Blockchain Game Aurory During the first week of June, FTX Trading Limited, revealed the crypto company inked a naming…

Vulcan Forged Lists on AscendEX

PRESS RELEASE. Global cryptocurrency financial platform, AscendEX is proud to announce the listing of the Vulcan Forged token (PYR) under the trading pair USDT/PYR on Oct. 5 at 1 p.m. UTC. To celebrate the listing, AscendEX and the PYR team will launch several limited-time promotional events, offering users a chance to share pooled rewards up…