Month: October 2024

Nigerian Fintech Reaches Unicorn Status With $110 Million Google-Backed Funding Round

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Moniepoint, a Nigerian fintech company, has raised $110 million in Series C funding to expand its services across Africa and globally, becoming the latest Nigerian fintech unicorn. Moniepoint Seeks to Serve Global African Market with New Funding Moniepoint, a Nigerian fintech company, recently announced it had raised $110 million in a Series C funding round … Read more

Coinshares Report: Inside Bitcoin’s Cost Crunch—Why Mining Expenses Are Hitting Record Highs

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Coinshares’ Q3 mining report, led by researcher James Butterfill, highlights mounting costs and challenges impacting the bitcoin mining industry in 2024. How Bitcoin Mining Industry Giants Are Battling Rising Prices The Coinshares Q3 mining report, with research led by James Butterfill, reveals that bitcoin mining costs are rising, reaching an estimated $49,500 per bitcoin (BTC) … Read more

FDLabsHQ To Launch FDUSD Stablecoin On Solana, Boosting PayFi And DeFi Ecosystem

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@FDLabsHQ has announced plans to launch its FDUSD stablecoin on Solana, tapping into the blockchain’s high-speed, low-cost infrastructure. This move will make FDUSD a new addition to Solana’s growing ecosystem, which already includes popular stablecoins like Circle’s USDC, Tether’s USDT, and PayPal’s PYUSD, as well as global currencies like GMO Trust’s GYEN. With over $2.6 … Read more

Is Worldcoin Redefining Digital Identity In Web3?

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With millions of users already onboard and a strong commitment to privacy, Worldcoin is positioning itself at the forefront of the digital identity revolution for Web3. Here’s a look at what’s driving the excitement: – Orb 2.0: Enhanced with advanced AI capabilities, Orb 2.0 offers faster and more reliable identity verifications. – World ID: A … Read more

LUCE Surges To New Heights, Reaching $90 Million Market Cap In Just Two Days

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LUCE, a memecoin launched only two days ago, has quickly skyrocketed to a $90 million market cap, amassing over 17,000 holders and becoming a trending topic on social media platform X. This high engagement level signals strong community interest, with buyers significantly outpacing sellers by over 6,000 transactions—typically a bullish indicator. Despite minor dips, the … Read more

Will TRX Hit $0.20 In November As Tether Adds $1B On Tron?

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TRX, the ninth-largest cryptocurrency by market cap, is currently trading at $0.1677, with a market cap of $14.5 billion. Over the past week, TRX has gained 4.83%, sparking optimism among bulls aiming for a $0.20 price target. A look at the weekly chart reveals a rising channel pattern with TRX setting higher highs and higher … Read more

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