Category: Tech News

S&P Dow Jones Launches 5 New Cryptocurrency Indices

2021-07-13 By admin

S&P Dow Jones Indices, the world’s leading index provider, announced Tuesday the launch of five new cryptocurrency indices. The company now has eight cryptocurrency indices in total. The first newly added index is the “S&P Cryptocurrency Broad Digital Market (BDM) Index,” which “provides a wide performance snapshot of the cryptocurrency market and includes more than […]

Police Set New UK Record Seizing £180 Million Worth of Cryptocurrency

2021-07-13 By admin

Britain’s Metropolitan Police have seized a staggering £180 million in cryptocurrency as part of a money laundering investigation. The announcement comes just weeks after Scotland Yard confiscated £114 million in crypto, breaking the previous record. UK Police Discover £180 Million in Crypto Linked to Criminal Transfers Law enforcement officials in the U.K. have announced the […]

Vow Introduces the Next Step in the Evolution of Crypto-Based Currencies

2021-07-13 By admin

Since the beginning of 2021, the cryptocurrency industry has experienced a marked surge in popularity, as institutions and individuals flock to the rapidly developing space in large numbers. Whilst the barrier to enter the space has significantly decreased since its birth a decade ago, there remain several sticking points which keep more widespread adoption difficult, […]

The Keychron K3 Low Profile Wireless Mechanical Keyboard Review

2021-07-13 By admin

Mechanical keyboards have been a focus of the peripherals market for nearly a decade. Offering better feel and promoting a better experience over regular membrane keyboards, the mechanical keyboard market has a wide depth of enthusiasts willing to spend sometimes hundreds of dollars on a unique design. As a result, dozens of companies now compete with […]

Forex Shortages Force Nigerian Corporates to Turn to Parallel Market

2021-07-13 By admin

Nigeria’s ongoing shortage of foreign exchange is forcing corporates and businesses to source this resource on the parallel market, a former official with the Lagos Chamber of Commerce and Industry (LCCI) has said. According to Muda Yusuf, who is the previous director-general at LCCI, these shortages stem from the foreign exchange market liquidity constraints that […]

Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area

2021-07-13 By admin

The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS).” He adds that such a currency will help “ease constraints of settling intra-African trade in foreign-denominated currency.” Challenges Ahead In comments recently carried by […]

UK Advertising Watchdog to Crack Down on ‘Misleading’ Crypto Ads

2021-07-13 By admin

The Advertising Standards Authority (ASA), the U.K. advertising watchdog, declared it would crack down on misleading ads promoting cryptocurrency investments. The organization will include cryptocurrency campaigns as a “red alert” priority in the financial marketing department. The organization will be more proactive regarding these ads, it claims, contacting companies and issuing warnings in the future. […]

Fidelity’s Crypto Branch to Increase Staff by 70%, President Sees ‘More Interest in Ether’

2021-07-13 By admin

According to Tom Jessop, president of Fidelity Digital Assets, the company is planning to increase staff by 70% because demand for cryptocurrencies continues to keep the firm busy. Fidelity Digital Assets, the subsidiary of the wealth management firm Fidelity Investments Inc., has also seen a significant amount of demand for ethereum. Crypto Demand Pushes Fidelity […]