Chuks Chukwuka
Chuks is a blockchain enthusiast and finance researcher that has covered the crypto sphere for several years. He believes that the evolving technology would change how we do business.
Uncertainty Over Bitcoin Price as Market Quietens
As Bitcoin price stalls, it is obvious that emotions will be the most decisive factor in the coming weeks as investors are controlled by the fear of losing out of a potentially promising position.
Istanbul Basaksehir Joins List of Clubs Having Fan Token
The $IBFK token will be built on the Socios platform, a blockchain tokenization entity that has already done the same for some top clubs such as Paris Saint Germain, Juventus, FC Barcelona, Atletico Madrid among others.
Bayern Munich Collaborates with Ethereum-based Sorare
While announcing the latest collaboration with Sorare, Bayern FC stated that the platform already hosts clubs from the top 20 leagues of the world.
State of New Jersey Poised to Start Issuing Crypto License
By Chuks Chukwuka
November 9th, 2020
The only exception to this is if such businesses have obtained a ‘reciprocal’ license from another state that is deemed appropriate for authorization to operate cryptocurrency services in the state of New Jersey.
Ethereum 2.0 Spadina Testnet: Technical Error and Low Participation
By Chuks Chukwuka
September 30th, 2020
Unlike Medalla which is a representative of how the proof-of-stake consensus could work out for Ethereum blockchain, Spadina would initiate the creation of the genesis chain for the migrated network.
LVMH Files Countersuit against Tiffany to Drop $16B Deal
By Chuks Chukwuka
September 29th, 2020
LVMH stated that despite the talks and negotiations the conditions necessary to close the acquisition of Tiffany had been not created.
Grayscale Investments Increases Bitcoin Stash by 17,000 BTC
By Chuks Chukwuka
September 28th, 2020
17,000 BTC is equivalent to $182 million based on the current price of Bitcoin, which is now still below $11,000.
Now There Are 101 Million Users of Crypto Globally, Almost 3 Times More than in 2018
By Chuks Chukwuka
September 25th, 2020
The study showed the global spread of users of cryptocurrencies. It highlighted that the majority of them are located in North America and Europe.
Digital Euro Will Not Replace Cash, Will Provide Alternative to Cryptos, ECB President Lagarde Says
By Chuks Chukwuka
September 22nd, 2020
Christine Lagarde said that fiat is still going to play important role in the future of finance even though the ECB has not taken its decision on the CBDC for the region.
Bitcoin Will Make Gains Above $100,000, Says PlanB
By Chuks Chukwuka
September 15th, 2020
PlanB stated that high net worth individuals, institutional investors and countries hedging against quantitative easing would be the funding source for Bitcoin.
Binance CEO CZ Wants More DeFi Projects on Smart Chain
By Chuks Chukwuka
September 14th, 2020
To justify his stance on the suitability of the Binance chain for projects, CZ stated that the platform recently attained the milestone of 10% of Ethereum volume in terms of usage.
Coinbase CEO Criticizes Apple for Restrictive Policies on DeFi Apps
By Chuks Chukwuka
September 14th, 2020
Earlier Coinbase has had to modify some of its apps to comply with such restrictive Apple policies.
DeFi Networks Still in Boom With Locked BTC Increase By 20X
By Chuks Chukwuka
September 11th, 2020
DeFi networks show signs of the increase despite the current decrease on the market. Since September, 2 Bitcoins available in the networks have increased from 67,038 BTC until 87,752 BTC.
Binance Lists Sushi and DFI.Money in Latest Assets Addition
By Chuks Chukwuka
September 2nd, 2020
The listing of Sushi and DFI.Money by Binance is an indication that the two platforms have gained community confidence as capable of generating enough volumes to make their listings worthwhile.
Wirecard UK Business to Be Acquired by Railsbank
By Chuks Chukwuka
August 28th, 2020
Wirecard has already laid off a number of employees in its Germany office. The company believes that most of its 80 UK employees would be absorbed by Railsbank.