Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly
The Kenya-based company already has 3 million mobile phone users in Ethiopia and plans to make it the 10th country...
Day: May 11, 2023
Elon Musk announces he will step down as Twitter CEO
The soon-to-be-former CEO will become Twitter’s executive chair and chief technology officer, overseeing product, software and system operations. Twitter CEO...
‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase
According to Paradigm, the SEC's lack of a clear path for crypto firms to register could lead to a “de...
‘We screwed up’ — Coinbase CLO responds to outrage after exchange associated Pepe with hate groups
Paul Grewal said Coinbase was attempting “to provide a fact-based picture of a trending topic” to its users when saying...
MetaMask rolls out ETH purchases via PayPal to US users
Users in the United States can also transfer ETH from PayPal to MetaMask. The companies first announced their collaboration in...
Watchdog sues SEC over FOIA access to docs on potential crypto conflict of interest
EMPOWR is requesting correspondences between former SEC officials William Hinman, Marc Berger and Jay Clayton and their current employers. Watchdog...
Researchers in Singapore design new ‘more efficient’ DAO scheme
Scientists at Singapore University of Social Sciences created a novel DAO voting/governance scheme after reviewing current methods. A team of...
GAO cites exposure to digital assets in exploring collapse of Signature Bank
Michael Clements said the GAO had reviewed “large deposits from the digital asset space” in considering whether crypto had contributed...
How to use a crypto hardware wallet
To use a crypto hardware wallet, connect wallet to computer/mobile, enter PIN, follow instructions to send/receive crypto, then store safely...
BIS issues comprehensive paper on offline CBDC payments
According to the Bank for International Settlements, offline payments with CBDC raise new risks related to counterfeiting, fraud and privacy...
Milady memecoin surges 5,250% after Musk tweet, exchange listings
The market capitalization of the LADYS token has surpassed $140 million after surging in popularity. On May 11, Milady (LADYS),...
Biggest Movers: LTC Above $80.00, Moving Away From 6-Week Low
Litecoin was back above $80.00 on Wednesday, as the token climbed away from a recent six-week low. Today’s rise in...
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data
Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation...
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According...
