Business
Wazupnaija – Naija Entertainment blogs & Forums – Business
Bitcoin Surges Above $50,000 for First Time Since May
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Ed Sheeran’s ‘Visiting Hours’ on Course For High Debut In U.K.
“Visiting Hours” is no ordinary record. Sheeran wrote while in quarantine en route to Gudinski’s state memorial in Melbourne on March 24, and he premiered the emotional number on the night. Also joining Sheeran on stage that evening was Gudinski’s good friends and signings Kylie Minogue and Jimmy Barnes. Both are credited as backing singers on the single. Following his passing March 2, aged 68, Gudinski, the founder and chairman of the indie powerhouse Mushroom Group, was crowned Billboard’s International Power Player. Sheeran has described the Aussie entrepreneur as a “father figure” and a “tornado of joy,” and those memories will pour out in the new album, due out Oct. 29. The forthcoming LP is “a really personal record and one that means a lot to me,” ...
Derivatives data shows pro traders turning bullish on EOS price
EOS rallied in May after Block.one, a blockchain software firm, announced a $10 billion funding round to build an EOS-based crypto exchange platform called Bullish. The EOSIO development company revealed that it had raised capital from Peter Thiel and Mike Novogratz, as well as hedge fund managers Alan Howard and Louis Bacon. In light of the ‘bullish’ news, the recent $6 local top stands 60% below the $15 high reached on May 12, and this leaves investors with little reason to celebrate. At the moment, retail traders are not comfortable using leverage for bullish positions and professional traders have been neutral-to-optimistic since mid-July. EOS price in USD at Kraken. Source: TradingView Analysts also pointed to a May 2 report commissioned by Block.one that suggested an incr...
Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain
Blockchain fintech company XREX has concluded a $17 million pre-A investment round led by a consortium of global investors, underscoring heightened institutional demand for crypto-focused startups. The consortium was driven by CDIB Capital Group, a publicly traded company in Taiwan, and includes investors from major banks and venture capital firms in North America, Europe and Asia. Several other publicly listed companies also participated in the investment round, including SBI Investment, which is a subsidiary of SBI Holdings, ThreeD Capital, E.Sun Venture Capital and Systex Corporation. Black Marble, New Economy Ventures, Metaplanet Holdings, Seraph Group and the Taiwan government’s National Development Fund also participated in the round. XREX said the funds will be used to expand ...
Bitcoin price tags $50K for first time since May
The Bitcoin (BTC) price was back on the offensive late Sunday, touching $50,000 for the first time since May and signaling that the bull market was fast approaching its second leg. The BTC price peaked at $50,270.00 on Bitstamp, having gained 3% on the day, according to Cointelegraph Markets Pro. The largest cryptocurrency has a total market capitalization of $943 billion. The Bitcoin price briefly wicks above $50,000 on Bitstamp : Cointelegraph Markets Pro On-chain metrics recently suggested that a supply squeeze may be imminent, with long-term holders and institutions bolstering their BTC holdings while prices remained at a discount. A series of higher lows and a positive daily close signal have carried momentum for BTC since trading in the low $30,000 range. Meanwhile, the Bi...
Congress has put forward 18 bills on digital assets in 2021 so far
The United States Congress appears to be pushing for greater regulatory clarity regarding crypto assets, having proposed18 bills concerning blockchain and cryptocurrency during 2021 so far. According to analysis published by former Federal Deposit Insurance Corporation regulator, Jason Brett, on August 22, the current 117th Congress has broken from its predecessor in focusing on regulating decentralized assets rather than private stablecoins such as Facebook’s Diem project — formerly called Libra. In July, Congress put forward the Digital Asset Market Structure and Investor Protection Actin a bid to create distinct statutory definitions for digital assets and digital asset securities respectively. Although the bill is yet to pass through Congress, the legislation would mandate digital asse...
The Killers Snag Seventh U.K. No. 1 With ‘Pressure Machine’
With that feat, every studio album from The Killers has topped the main chart, dating back to their 2005 debut Hot Fuss. Including his solo work, The Killers’ frontman Brandon Flowers has an unbroken run of nine chart-topping albums, a chart record in the U.K. Other acts on an unbeaten run include Coldplay (with eight), Oasis (seven), and Arctic Monkeys (six), the OCC reports. The week’s most-streamed album belongs to Olivia Rodrigo, whose Sour (Geffen) lifts 4- 2, while electronic production duo Jungle swing in for a career-best No. 3 with Loving In Stereo (Caiola), their third album. Following the announcement last week Ed Sheeran’s forthcoming studio LP = (equals), his 2017 and most recent album Divide (Asylum) powers back into the Top 10, up 14-10. Over on the Official U.K. Singl...
Hackers Stole $97 Million USD From a Japanese Crypto Exchange
Japan-headquartered cryptocurrency exchange Liquid announced this weekend that it is still investigating a security breach that allowed hackers to steal an estimated $97 million USD in crypto. The company wrote in a blog post that on August 19, its teams “detected unauthorized access of some of the crypto wallets managed at Liquid.” In response, the company halted all crypto withdrawals while it assessed the impact. It added that 69 different crypto assets were misappropriated and sent to other exchanges or decentralized finance swapping sites. In an update on Friday, the company said that it has heightened its security measures and would be migrating assets to more secure vaults. The platform added that it expects to restore services “gradually” by early next week, and said on Sunda...
Moving inland, Tropical Storm Henri drenches Northeast
By Sunday afternoon, Henri had sustained winds of about 50 mph as it moved inland across Connecticut, according to the National Hurricane Center. When it made landfall near Westerly, R.I., it had sustained winds of about 60 mph and gusts of up to 70 mph. Several major bridges in Rhode Island, which stitch together much of the state, were briefly shuttered Sunday, and some coastal roads were nearly impassable. Westerly resident Collette Chisholm, a 20-year resident, said the waves were much higher than normal, but said she wasn’t concerned about her home suffering extensive damage. “I love storms,” she said. “I think they’re exciting, as long as no one gets hurt.” In Newport, Paul and Cherie Saunders were riding out the storm in a home that her family has owned since the late 1950s. Their b...
At least 22 dead after 17 inches of rain in Tennessee
The dead included twin toddlers who were swept from their father’s arms, according to surviving family members, and a foreman at county music star Loretta Lynn’s ranch. The sheriff of the county of about 18,000 people some 60 miles west of Nashville said he lost one of his best friends. Up to 17 inches of rain fell in Humphreys County in less than 24 hours Saturday, appearing to shatter the Tennessee record for one-day rainfall by more than 3 inches, the National Weather Service said. Tennessee Gov. Bill Lee toured the area, stopping on Main Street in Waverly where some homes were washed off their foundations and people were sifting though their water-logged possessions. All around the county were debris from wrecked cars, demolished businesses and homes and a chaotic, tangled mix of the t...
Concerns around data privacy are rising, and blockchain is the solution
Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure. As data privacy pressure on Big Tech increases, these companies are starting to make significant investments in security solutions. Regulations around the world are evolving rapidly Last year, as more and more people spent time at home due to COVID-19 lockdowns, internet usage went up. And as usage has gone up, so too has consumer awareness of how data could be used or misused. For example, a recent survey from Startpage, a privacy-focused search engine company, found that 62% of Americans have...
Top 5 cryptocurrencies to watch this week: BTC, ADA, AVAX, CAKE, ATOM
Bitcoin (BTC) is knocking at the doors of the key $50,000 level and most traders are still optimistic even after the digital asset rallied 70% from the July 20 low at $29,278 to an intraday high at $49,757.04 on Aug. 21. Monitoring resource Material Indicators pointed to a lot of puts at the $50,000 strike price and the “positive funding almost across the board (overheated),” which suggests a rejection at the current levels and a “pullback going into September.” Crypto market data daily view. Source: Coin360 Nikita Ovchinnik, chief business development officer of 1inch Network said that several new institutional investors had taken exposure to crypto in the past year, and that “they didn’t come for short-term gains.” Another positive sign for the crypto sector is the ever-growing lis...
