DiutoCoinNews

Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

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Omen protocol: prediction market Overview.

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Omen is a fully decentralized prediction market platform built on top of the gnosis conditional token framework. Liquidity is enabled through a fixed product market maker which is similar to how Uniswap markets work. This means liquidity will always be…

Tax Officials Raids Crypto Service Providers

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The Directorate General of GST Intelligence has gone after defaulting Cryptocurrency exchanges operating in India, according sources from the agency. The affected crypto platforms are Wazir X and the GST accused of Massive tax evasion. “Around half dozen offices of…

Watch Out: Buying These Cryptos May Make You A Millionaire in 2022.

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Crypto 2021 market witnessed various range of upward to downward price volatility. Some novice investors and even seasoned trades may be at crossroads as to what crypto to buy in 2022 and the right time to buy to ensure profitable…

Elon Musk Wins 2021 Person Of The Year.

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Elon Musk has been announced as TIME’s 2021 Person of the Year after an online vote organised by Times Magazine on 10 potential individual that left life changing impact in 2021, the controversial billionaire, who helms both Tesla and SpaceX,…

Cryptocurrency Can Cripple The Dollar As A Reserve Currency, Hillary Clinton

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Former ex-First Lady Hillary Clinton has advised countries to ‘start paying greater attention to the rise of cryptocurrency.” She cautioned that crypto could impair the role of the dollar as the world’s reserve currency and could destabilize nations. Former Democratic…

Texas Senator Introduce Legislation To Rectify Accented Bill

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Senator Ted Cruz of the U.S. Congress has submitted a bill to revoke the $1 trillion infrastructure crypto provision section, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal…

Digital Currencies Can’t Outgrow US sanctions, Official Asserts

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Russia’s digital ruble won’t enable the country to avoid the U.S sanctions because the global economy is “interconnected,” an official said. Central bank digital currencies (CBDC) like Russia’s digital ruble do not present any danger to the United States sanctions,…

Nigeria CBDC Attracts Global Interest Says IMF

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The International Monetary Fund (IMF) has asserted that the newly launched Nigerian central bank digital currency (CBDC) is commanding interest from many institutions globally, including central banks. Still, the body advises that the CBDC is a little risky for monetary…

“Crypto Is Evil” : Binance New Campaign Calls For Global Regulation.

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Global Cryptocurrency exchange platform, Binance called for “global regulatory frameworks for crypto markets” on Tuesday with a publication of “10 Fundamental Rights for Crypto Users” and barrage of crypto ads in major global news media platforms. The 10 Fundamental Rights…

Infrastructure Bill Finally Signed Into Law

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Eventually, after several months of scrutiny from the U.S. Senate and House of Representatives, the infrastructure bill which was criticised by so many crypto experts is officially signed into law. In a ceremony in front of the White House on…