Nigeria May Allow Flight Bookings, Cable and Electricity Payments With eNaira CBDC

Nigeria May Allow Flight Bookings, Cable and Electricity Payments With eNaira CBDC

ByNews Polite

Nigeria has been trying to get more citizens to adopt its national digital currency called eNaira since it was introduced last year under the slogan ‘Same Naira, More Possibilities’. The Central Bank of Nigeria (CBN) is reportedly looking to allow people to use the eNaira for day-to-day payments such as…

Kazakhstan Tightens Noose on Crypto Miners With Power Consumption Report Requirements

Kazakhstan Tightens Noose on Crypto Miners With Power Consumption Report Requirements

ByNews Polite

Kazakhstan, that has been impacted with power shortages due to crypto mining, is bringing in new measures to deal with the issue. The government of Kazakhstan has mandated crypto miners to submit detailed reports justifying their power consumption requirements. Any mining business that wishes to begin operations in the Asian…

World’s First NFT Museum in Seattle Aims to ‘Pull Back the Curtain’ on Blockchain Art

World’s First NFT Museum in Seattle Aims to ‘Pull Back the Curtain’ on Blockchain Art

ByNews Polite

The world’s first permanent NFT art museum has opened in Seattle, aiming to “pull back the curtain” on blockchain-based digital art. Non-fungible tokens (NFTs) are a type of digital asset that has exploded in popularity recently, with NFT artworks selling for millions of dollars. NFTs exist on a blockchain, a…

Bitcoin, Ether Price Tank by Close to 5 Percent as Traders Fail to See Immediate Upside

Bitcoin, Ether Price Tank by Close to 5 Percent as Traders Fail to See Immediate Upside

ByNews Polite

Bitcoin and the broader cryptocurrency market once again entered a sharp correction after a brutal sell-off on Wall Street on Tuesday. In terms of value, Bitcoin’s price failed to stay above the $40,000 (roughly Rs. 30.5 lakh) mark across exchanges like CoinMarketCap, Coinbase and Binance. At the time of writing,…