Nigerian Central Bank Says It Is Now Ready to Launch CBDC, Downplays Previous Failure
After failing to roll out its CBDC on October 1, the Central Bank of Nigeria (CBN) has released a document in which it reiterates its commitment to launching the e-naira. In fact, in this document titled The Design Paper for the E-naira, the CBN says it is now ready to launch Nigeria’s CBDC. CBN Prioritizes Robust Ecosystems However, in the same document, the central bank appears to downplay the implications of failing to launch as...
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments in Crypto Addressing members of the National Assembly this week,...
Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will ‘Eventually Be Equivalent to $1 Million’
The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about bitcoin on numerous occasions and even more so these days as the crypto asset crossed its all-time price high. After the Proshares exchange-traded fund (ETF) launched on the New York Stock Exchange (NYSE), Pool asked his 897,700 Twitter followers if they thought bitcoin would hit $200K. Tim Pool ‘Feels Bad’ for People Dismissing...
RCN Asks Court to Dismiss ‘Copyright Trolls’ Piracy Liability Lawsuit
Under US copyright law, Internet providers must terminate the accounts of repeat infringers “in appropriate circumstances.” In the past such drastic action was rare but with the backing of legal pressure, ISPs are increasingly being held to this standard. Initially, these lawsuits were mostly initiated by music companies, backed by the RIAA. However, in recent months a group of independent filmmakers joined in. These plaintiffs...
Our journey to open source during Google Summer of Code
Every year, Google organizes a program called Summer of Code (GSoC). Students worldwide can write open source code under an open source mentoring organization and get paid to do so! You get to work on cool open source projects, network with talented engineers, and get paid during the summer break. How cool is that!? In this blog post, we’ll guide you through our GSoC experience and give you tips and tricks so that you can have a...