Stablecoins Dominate Digital Asset Transactions in Sub-Saharan Africa, Surpassing Bitcoin
A study revealed that stablecoins represented 43% of cryptocurrency transactions in Sub-Saharan Africa in 2024, significantly outpacing bitcoin’s 18.1% share. Transaction Growth and Nigerian Dominance According to a study, stablecoins accounted for 43% of cryptocurrency transactions in Sub-Saharan Africa (SSA) in 2024, more than double that of bitcoin (18.1%). Nigeria and South Africa lead the […] Powered by...
Metaplanet Acquires 518 Bitcoin, Boosting Total Holdings to 18,113 BTC Valued at $1.85 Billion
Metaplanet Inc. (Tokyo Stock Exchange: 3350) has announced the acquisition of an additional 518 bitcoin as part of its ongoing Bitcoin Treasury Operations, with an average purchase price of 17,540,861 yen per bitcoin (approximately $118,519), totaling approximately 9.086 billion yen (around $61.4 million). This latest purchase increases the company’s total bitcoin holdings to 18,113 bitcoin, […] Powered by...
Stripe Quietly Building ‘Tempo’ Blockchain With Paradigm’s Backing: Report
A newly published report says fintech heavyweight Stripe is quietly crafting a payments-driven blockchain dubbed “Tempo” in collaboration with cryptocurrency venture capital firm Paradigm, according to a job listing and people with knowledge of the project. Sources: Stripe Is Developing a Blockchain Forbes reported that the Aug. 3 posting, shared through the Blockchain Association, described […] Powered by...
Crypto Miners Drained Enough Power to Light up a City — Kazakhstan Cracks Down
Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities in Kazakhstan recently busted electricity companies accused of illegally supplying power to cryptocurrency miners. According to a statement, the Department of Financial Monitoring (DFM) for the East Kazakhstan region, along with the National […] Powered by...
Unreleased Movie Screeners Leak Online, Including Star-Studded ‘In the Hand of Dante’
Next month, American filmmaker Julian Schnabel will be honored with the Cartier Glory to the Filmmaker award at the prestigious Venice Film Festival. Schnabel’s latest film In the Hand of Dante will have its world premiere at the festival, with a star-studded cast including Oscar Isaac, Al Pacino, Gal Gadot, Gerard Butler, Jason Momoa, and Martin Scorsese, who is also credited as executive producer. So far, very little official...
