Sunday October 6, 2024

Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review

Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review

by David Sencil October 6, 2024 1 min read

(Originally posted on : Bitcoin News )

Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena Labs. The SEC has formally appealed a court ruling in its case against Ripple Labs, citing significant legal errors. Coinbase is optimistic […]

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Blake3 Now Most Profitable PoW Algorithm for Crypto Miners, KAS Slips in Rankings

by Jamie Redman October 6, 2024 1 min read

(Originally posted on : Bitcoin News ) In July, the proof-of-work (PoW) crypto mining

Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle

by Jamie Redman October 6, 2024 1 min read

(Originally posted on : Bitcoin News ) As of today, Oct. 6, 2024, the

Bitcoin Transfer Volumes Soar in 2024, Set to Break 2023’s Record in 2 Weeks

by Jamie Redman October 6, 2024 1 min read

(Originally posted on : Bitcoin News ) According to recent data, the five busiest

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